Cheapest Neighborhoods in Blacksburg, VA

Some of the cheapest neighborhoods in Blacksburg are Downtown Blacksburg, McBryde, and Village at Blacksburg. These neighborhoods offer some of the lowest rent prices in Blacksburg, making them ideal for renters on a budget. As of August 1, 2026, the average rent in Blacksburg is $1,293, which is 2.6% 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.

Downtown Blacksburg

Average Rent

$1,254/Month

Units Available

15 Rentals

Downtown Blacksburg is an affordable neighborhood in Blacksburg with an average rent price of $1,254. Compare this to the city average of $1,293. Downtown Blacksburg provides easy access to Radford University, Virginia Tech, and University Crossroads.

McBryde

Average Rent

$1,289/Month

Year-Over-Year Rent Change

0.1%

Units Available

11 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 $1,289, while the city’s average stands at $1,293. In the last year, prices have increased by 0.1%. McBryde is near University Mall, Roanoke College, and Radford University.

Village at Blacksburg

Average Rent

$1,308/Month

Units Available

10 Rentals

Village at Blacksburg is a top choice for budget-conscious renters for a variety of reasons. The average rent in Village at Blacksburg is $1,308 while the city average is $1,293.

Ready to make your move to Blacksburg? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!

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.