Rentometer, Inc. | Data as of 12/04/2025
Blacksburg’s rental market offers a diverse mix of apartments and single‑family homes that cater to students, faculty, and professionals alike. Thanks to the presence of Virginia Tech and a vibrant downtown district, demand remains steady, supporting a healthy selection of studio and one‑bedroom rentals that generally sit in the $1,200‑$1,400 range. Larger apartments, including two‑ and three‑bedroom options, provide spacious living for families and groups, often ranging up to the $1,500‑$1,600 bracket. For those seeking more privacy, houses with two or three bedrooms commonly fall between $1,500 and $2,100, while four‑plus bedroom homes can command prices approaching the $2,500‑$2,600 level.
Neighborhoods such as the historic Downtown area, the bustling Westgate district, and the family‑friendly Southgate community each bring distinctive character to the rental landscape. Proximity to the New River Gorge, local parks, and cultural venues like the Miller Hall Arts Center enhances the appeal of living in Blacksburg, providing residents with ample recreation and entertainment options just minutes from their front doors. Convenient access to major roadways and public transit further connects renters to nearby shopping, dining, and the university campus.
Whether you’re a student looking for a convenient studio near campus, a young professional desiring a modern apartment in the heart of town, or a growing family searching for a spacious house in a quiet neighborhood, Blacksburg’s rental inventory delivers flexibility and quality. The city’s blend of academic energy, outdoor adventure, and community-oriented neighborhoods makes it an attractive place to call home.
| 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 | $1,317 | $1,352 | $880 - $1,859 | $1,100 - $1,405 |
| Apartment | 2 Bedroom | $1,380 | $1,349 | $615 - $2,495 | $1,125 - $1,559 |
| Apartment | 3 Bedroom | $1,538 | $1,602 | $499 - $2,835 | $1,241 - $1,750 |
| Apartment | 4+ Bedroom | $1,470 | $1,120 | $550 - $3,400 | $1,040 - $1,940 |
| House | 1 Bedroom | $1,275 | $1,325 | $1,050 - $1,400 | $1,300 - $1,400 |
| House | 2 Bedroom | $1,591 | $1,500 | $1,195 - $2,150 | $1,350 - $1,850 |
| House | 3 Bedroom | $2,084 | $2,050 | $1,133 - $3,200 | $1,820 - $2,300 |
| House | 4+ Bedroom | $2,657 | $2,525 | $585 - $5,000 | $2,400 - $2,950 |
In the current period, the average rent in Blacksburg was $1,277 for Studio, $1,312 for 1 Bedroom, $1,455 for 2 Bedroom, $1,952 for 3 Bedroom, and $2,121 for 4+ Bedroom.
Data provided by Rentometer, Inc.