Most Affordable Neighborhoods in Blacksburg, VA
Some of the cheapest neighborhoods in Blacksburg are Mountain View, Grissom-Highland, and Downtown Eastside. These neighborhoods offer some of the lowest rent prices in Blacksburg, making them ideal for renters on a budget. As of April 22, 2025, the average rent in Blacksburg is $1,240, which is 2.8% 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.
Mountain View
Average Rent
$950/Month
TransitScore® Rating
39/100
Units Available
1 Rentals
When you’re looking for a great Blacksburg neighborhood on a budget, check out Mountain View. The average rent is $950, compared to the city average of $1,240. Mountain View is convenient to Roanoke College, New River Community College, and Radford University. The community is somewhat walkable with a WalkScore® of 63.
Grissom-Highland
Average Rent
$1,020/Month
Year-Over-Year Rent Change
6.9%
TransitScore® Rating
28/100
Units Available
1 Rentals
Grissom-Highland is an affordable neighborhood in Blacksburg with an average rent price of $1,020. Compare this to the city average of $1,240. In the past year, rent prices have increased by 6.9%. Grissom-Highland provides easy access to First & Main Blacksburg, Virginia Tech, and Roanoke/Blacksburg Regional (Woodrum Field). It’s a somewhat walkable neighborhood with a WalkScore® of 68.
Downtown Eastside
Average Rent
$1,050/Month
Year-Over-Year Rent Change
13.6%
TransitScore® Rating
42/100
Units Available
2 Rentals
If you’re looking for a great, affordable neighborhood in Blacksburg, Downtown Eastside might be the perfect place! It has an average rent price of $1,050, while the city’s average stands at $1,240. In the last year, prices have decreased by 13.6%. Downtown Eastside is near Roanoke/Blacksburg Regional (Woodrum Field), Virginia Tech Geosciences Museum, and North End.
Blacksburg & Wytheville
Average Rent
$1,218/Month
Units Available
22 Rentals
Blacksburg & Wytheville is a top choice for budget-conscious renters for a variety of reasons. The average rent in Blacksburg & Wytheville is $1,218 while the city average is $1,240.
Ellett-Jennelle
Average Rent
$1,243/Month
Year-Over-Year Rent Change
22.5%
TransitScore® Rating
26/100
Units Available
5 Rentals
When you’re looking for a great Blacksburg neighborhood on a budget, check out Ellett-Jennelle. The average rent is $1,243, compared to the city average of $1,240. Rent prices have increased by 22.5%. Ellett-Jennelle is convenient to Hahn Horticulture Garden, Roanoke College, and Radford University Planetarium. The community is car-dependent with a WalkScore® of 27.
Apperson-Dickerson
Average Rent
$1,282/Month
Year-Over-Year Rent Change
8.2%
TransitScore® Rating
46/100
Units Available
2 Rentals
Apperson-Dickerson is an affordable neighborhood in Blacksburg with an average rent price of $1,282. Compare this to the city average of $1,240. In the past year, rent prices have increased by 8.2%. Apperson-Dickerson provides easy access to Roanoke/Blacksburg Regional (Woodrum Field), New River Community College, and Roanoke College. It’s a walkable neighborhood with a WalkScore® of 78.
Alleghany
Average Rent
$1,340/Month
Year-Over-Year Rent Change
3.1%
TransitScore® Rating
17/100
Units Available
3 Rentals
If you’re looking for a great, affordable neighborhood in Blacksburg, Alleghany might be the perfect place! It has an average rent price of $1,340, while the city’s average stands at $1,240. In the last year, prices have increased by 3.1%. Alleghany is near Roanoke/Blacksburg Regional (Woodrum Field), Gables Shopping Center, and Virginia Tech.
McBryde
Average Rent
$1,387/Month
Year-Over-Year Rent Change
7.9%
TransitScore® Rating
43/100
Units Available
16 Rentals
McBryde is a top choice for budget-conscious renters for a variety of reasons. The average rent in McBryde is $1,387 while the city average is $1,240. This is a 7.9% difference from last year. Residents enjoy convenient access to New River Community College, Virginia Tech, and Hahn Horticulture Garden. The neighborhood is considered somewhat walkable with a WalkScore® of 63.
Tom's Creek
Average Rent
$1,406/Month
TransitScore® Rating
23/100
Units Available
10 Rentals
When you’re looking for a great Blacksburg neighborhood on a budget, check out Tom's Creek. The average rent is $1,406, compared to the city average of $1,240. Tom's Creek is convenient to Roanoke/Blacksburg Regional (Woodrum Field), New River Community College, and Radford University. The community is car-dependent with a WalkScore® of 18.
Hethwood-Prices Fork
Average Rent
$1,434/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
31/100
Units Available
6 Rentals
Hethwood-Prices Fork is an affordable neighborhood in Blacksburg with an average rent price of $1,434. Compare this to the city average of $1,240. In the past year, rent prices have decreased by 1%. Hethwood-Prices Fork provides easy access to Roanoke/Blacksburg Regional (Woodrum Field), Roanoke College, and Radford University Planetarium. It’s a car-dependent neighborhood with a WalkScore® of 24.
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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.