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Rental Market Trends in Blacksburg, VA

What is the average rent in Blacksburg, VA?

$1,255/month

Average Rent

726 Sq Ft

Average Apartment Size

+3.9%

Increase in the Last Year

As of September 2025, the average rent in Blacksburg, VA is $1,255 per month. This is 23% lower than the national average rent of $1,639/month, making renting in Blacksburg more affordable than most cities in the US. When you rent an apartment in Blacksburg, you can expect to pay about $891 per month for a studio, $1,255 for a one-bedroom apartment, and around $1,447 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,779 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$891/month
391 Sq Ft
One Bedroom
$1,255/month
726 Sq Ft
Two Bedroom
$1,447/month
972 Sq Ft
Three Bedroom
$1,779/month
1,090 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,179/month
1,699 Sq Ft
Four Bedroom
$2,678/month
2,509 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Blacksburg, VA?

In the past year, rent has increased by 3.9%, which averages out to $50 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024 2025
Market Trends Over Time

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Blacksburg?

Based on current rent prices, Downtown Blacksburg is the most affordable neighborhood in Blacksburg.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Blacksburg
$1,233/month
618 Sq Ft

What are the most expensive neighborhoods in Blacksburg?

Based on current rent prices, Downtown Blacksburg is the most expensive neighborhood in Blacksburg.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Blacksburg
$1,233/month
618 Sq Ft

Which Blacksburg neighborhoods have the most rentals available?

The neighborhood in Blacksburg with the most apartments available is Downtown Blacksburg .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Blacksburg
$1,233/month
618 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Blacksburg, VA?

Because the average rent in Blacksburg is $1,255, you’ll want to make about $4,183 per month or $50,196 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Blacksburg, VA is 5.9% lower than the national average. Generally, housing in Blacksburg is 11.9% less expensive than the national average, with rent falling between $891 - $1,779. You can expect to pay 3.8% less for groceries, 9.7% less for utilities, and 6.1% less for transportation.

City

Blacksburg, VA

558 Available Apartments for Rent

Search for Nearby Apartments

How does Blacksburg, VA compare to other nearby cities and neighborhoods?

Use the tool below to compare Blacksburg, VA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Blacksburg, VA

Apartment Averages

Downtown Blacksburg

Blacksburg, VA

Downtown Blacksburg

Blacksburg, VA

Studio
-
-
One Bedroom
-
-
Two Bedroom
$1,585/month
$1,585/month
Three Bedroom
-
-
Search
Search

Apartment communities in Blacksburg we think you'll love

Highlands at Huckleberry Ridge

Highlands at Huckleberry Ridge

535 Blackrock Dr,
Blacksburg, VA 24060

$1,625 - $1,810

1-3 Beds

Ridgewood Village Apts

Ridgewood Village Apts

400 Fairfax Rd,
Blacksburg, VA 24060

$1,260 - $1,610

1-3 Beds

Windsor Hills Apartments

Windsor Hills Apartments

200 Hampton Ct,
Blacksburg, VA 24060

$1,184 - $2,832

Studio - 3 Beds

Collegiate Court Apartments

Collegiate Court Apartments

100 Collegiate Ct,
Blacksburg, VA 24060

$1,180 - $3,400

4 Beds

Property Management Companies in Blacksburg, VA

Granite Student Living
Granite Student Living
  • 30

    Communities

  • 1,329

    Units

  • 9

    Cities

15 Communities in Blacksburg
Solomon Organization
Solomon Organization
  • 54

    Communities

  • 21,915

    Units

  • 44

    Cities

3 Communities in Blacksburg
Park Properties Management Co.
Park Properties Management Co.
  • 21

    Communities

  • 2,841

    Units

  • 17

    Cities

2 Communities in Blacksburg
Greystar
Greystar
  • 3,358

    Communities

  • 935,634

    Units

  • 860

    Cities

1 Community in Blacksburg
Drucker & Falk
Drucker & Falk
  • 162

    Communities

  • 38,960

    Units

  • 60

    Cities

1 Community in Blacksburg
Core Spaces
Core Spaces
  • 47

    Communities

  • 11,764

    Units

  • 31

    Cities

1 Community in Blacksburg
Beacon Property Management
Beacon Property Management
  • 35

    Communities

  • 8,518

    Units

  • 24

    Cities

1 Community in Blacksburg
University Partners
University Partners
  • 25

    Communities

  • 5,453

    Units

  • 15

    Cities

1 Community in Blacksburg

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United States Virginia Blacksburg Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity