Most Affordable Neighborhoods in Blacksburg, VA
Some of the cheapest neighborhoods in Blacksburg are Grissom-Highland, Downtown Eastside, and Blacksburg & Wytheville. These neighborhoods offer some of the lowest rent prices in Blacksburg, making them ideal for renters on a budget. As of May 1, 2025, the average rent in Blacksburg is $1,244, which is 3.1% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Grissom-Highland
Average Rent
$1,020/Month
Year-Over-Year Rent Change
6.9%
TransitScore® Rating
28/100
Units Available
1 Rentals
When you’re looking for a great Blacksburg neighborhood on a budget, check out Grissom-Highland. The average rent is $1,020, compared to the city average of $1,244. Rent prices have increased by 6.9%. Grissom-Highland is convenient to Hahn Horticulture Garden, Virginia Tech Geosciences Museum, and Gables Shopping Center. The community is somewhat walkable with a WalkScore® of 69.
Downtown Eastside
Average Rent
$1,100/Month
Year-Over-Year Rent Change
13.6%
TransitScore® Rating
42/100
Units Available
1 Rentals
Downtown Eastside is an affordable neighborhood in Blacksburg with an average rent price of $1,100. Compare this to the city average of $1,244. In the past year, rent prices have decreased by 13.6%. Downtown Eastside provides easy access to New River Community College, Roanoke College, and Radford University. It’s a walkable neighborhood with a WalkScore® of 74.
Blacksburg & Wytheville
Average Rent
$1,149/Month
Units Available
19 Rentals
If you’re looking for a great, affordable neighborhood in Blacksburg, Blacksburg & Wytheville might be the perfect place! It has an average rent price of $1,149, while the city’s average stands at $1,244.
Apperson-Dickerson
Average Rent
$1,258/Month
Year-Over-Year Rent Change
8.2%
TransitScore® Rating
46/100
Units Available
2 Rentals
Apperson-Dickerson is a top choice for budget-conscious renters for a variety of reasons. The average rent in Apperson-Dickerson is $1,258 while the city average is $1,244. This is a 8.2% difference from last year. Residents enjoy convenient access to North End, Radford University, and College Square. The neighborhood is considered walkable with a WalkScore® of 78.
Ellett-Jennelle
Average Rent
$1,266/Month
Year-Over-Year Rent Change
24.9%
TransitScore® Rating
26/100
Units Available
4 Rentals
When you’re looking for a great Blacksburg neighborhood on a budget, check out Ellett-Jennelle. The average rent is $1,266, compared to the city average of $1,244. Rent prices have increased by 24.9%. Ellett-Jennelle is convenient to Radford University Planetarium, Roanoke College, and New River Community College. The community is car-dependent with a WalkScore® of 27.
Tom's Creek
Average Rent
$1,285/Month
TransitScore® Rating
23/100
Units Available
7 Rentals
Tom's Creek is an affordable neighborhood in Blacksburg with an average rent price of $1,285. Compare this to the city average of $1,244. Tom's Creek provides easy access to North End, Roanoke College, and Roanoke/Blacksburg Regional (Woodrum Field). It’s a car-dependent neighborhood with a WalkScore® of 18.
McBryde
Average Rent
$1,318/Month
Year-Over-Year Rent Change
7.3%
TransitScore® Rating
42/100
Units Available
13 Rentals
If you’re looking for a great, affordable neighborhood in Blacksburg, McBryde might be the perfect place! It has an average rent price of $1,318, while the city’s average stands at $1,244. In the last year, prices have increased by 7.3%. McBryde is near Radford University, Radford University Planetarium, and Roanoke College.
Downtown Blacksburg
Average Rent
$1,419/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
49/100
Units Available
19 Rentals
Downtown Blacksburg is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Blacksburg is $1,419 while the city average is $1,244. This is a 1.7% difference from last year. Residents enjoy convenient access to University Crossroads, North End, and New River Community College. The neighborhood is considered walkable with a WalkScore® of 92.
Hethwood-Prices Fork
Average Rent
$1,436/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
31/100
Units Available
6 Rentals
When you’re looking for a great Blacksburg neighborhood on a budget, check out Hethwood-Prices Fork. The average rent is $1,436, compared to the city average of $1,244. Rent prices have decreased by 0.8%. Hethwood-Prices Fork is convenient to University Mall, Hethwood Square Shopping Center, and New River Community College. The community is car-dependent with a WalkScore® of 24.
University/Airport
Average Rent
$1,465/Month
Year-Over-Year Rent Change
3.4%
TransitScore® Rating
32/100
Units Available
7 Rentals
University/Airport is an affordable neighborhood in Blacksburg with an average rent price of $1,465. Compare this to the city average of $1,244. In the past year, rent prices have increased by 3.4%. University/Airport provides easy access to Gables Shopping Center, First & Main Blacksburg, and New River Community College. It’s a car-dependent neighborhood with a WalkScore® of 43.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.