Rentometer, Inc. | Data as of 10/23/2025
Blacksburg’s rental market offers a diverse mix of apartments and single‑family homes, catering to students, professionals, and growing families alike. Apartment options range from compact studios in the $1200s to spacious four‑plus‑bedroom units that command a premium in the $1500‑$1600 range. For those preferring a house, one‑ and two‑bedroom homes typically sit in the $1300‑$1500 bracket, while larger three‑ and four‑plus‑bedroom residences often reach the $2000‑$2600 range. This variety ensures that renters can find a space that matches both their lifestyle and budget without compromising on comfort.
The city’s neighborhoods each bring a unique flavor to the rental experience. Downtown Blacksburg boasts walkable streets, lively cafés, and easy access to the historic Uptown district, making it ideal for those who enjoy an urban vibe. The proximity to Virginia Tech means many student‑focused complexes and quiet off‑campus apartments are available, particularly in the Westgate and Southgate areas. Families tend to gravitate toward the quieter residential pockets near the Montgomery County Fairgrounds and the scenic Overmountain Road, where larger homes and tree‑lined streets provide a suburban feel while remaining close to downtown amenities.
Beyond housing, Blacksburg offers a wealth of attractions that enhance the rental lifestyle. Outdoor enthusiasts can explore nearby hiking trails in the Jefferson National Forest, while cultural seekers enjoy the Moss Arts Center and the Blacksburg Farmers Market. With its blend of academic energy, community charm, and natural beauty, the city remains a sought‑after destination for renters looking for a vibrant yet welcoming environment in Virginia.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,277 | $1,380 | $790 - $1,480 | $1,190 - $1,430 |
| Apartment | 1 Bedroom | $1,298 | $1,345 | $850 - $1,859 | $1,100 - $1,405 |
| Apartment | 2 Bedroom | $1,362 | $1,320 | $615 - $2,495 | $1,190 - $1,502 |
| Apartment | 3 Bedroom | $1,523 | $1,602 | $495 - $2,835 | $1,182 - $1,750 |
| Apartment | 4+ Bedroom | $1,578 | $1,120 | $550 - $3,650 | $1,050 - $2,015 |
| House | 1 Bedroom | $1,275 | $1,325 | $1,050 - $1,400 | $1,300 - $1,400 |
| House | 2 Bedroom | $1,578 | $1,500 | $1,195 - $2,150 | $1,300 - $1,825 |
| House | 3 Bedroom | $2,085 | $2,050 | $1,133 - $3,200 | $1,800 - $2,350 |
| House | 4+ Bedroom | $2,676 | $2,550 | $585 - $5,375 | $2,400 - $2,950 |
In the current period, the average rent in Blacksburg was $1,277 for Studio, $1,295 for 1 Bedroom, $1,437 for 2 Bedroom, $1,939 for 3 Bedroom, and $2,127 for 4+ Bedroom.
Data provided by Rentometer, Inc.