Most Affordable Neighborhoods in Blacksburg, VA
Some of the cheapest neighborhoods in Blacksburg are Grissom-Highland, Downtown Eastside, and Ellett-Jennelle. These neighborhoods offer some of the lowest rent prices in Blacksburg, making them ideal for renters on a budget. As of March 30, 2025, the average rent in Blacksburg is $1,241, which is 4.6% 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.
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 $1,241. In the past year, rent prices have increased by 6.9%. Grissom-Highland provides easy access to Gables Shopping Center, Roanoke College, and First & Main Blacksburg. It’s a somewhat walkable neighborhood with a WalkScore® of 68.
Downtown Eastside
Average Rent
$1,150/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
42/100
Units Available
1 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 $1,150, while the city’s average stands at $1,241. In the last year, prices have increased by 1.1%. Downtown Eastside is near North End, Roanoke College, and Hahn Horticulture Garden.
Ellett-Jennelle
Average Rent
$1,188/Month
Year-Over-Year Rent Change
7.5%
TransitScore® Rating
26/100
Units Available
4 Rentals
Ellett-Jennelle is a top choice for budget-conscious renters for a variety of reasons. The average rent in Ellett-Jennelle is $1,188 while the city average is $1,241. This is a 7.5% difference from last year. Residents enjoy convenient access to Gables Shopping Center, Virginia Tech, and Roanoke/Blacksburg Regional (Woodrum Field). The neighborhood is considered car-dependent with a WalkScore® of 27.
Blacksburg & Wytheville
Average Rent
$1,254/Month
Units Available
21 Rentals
When you’re looking for a great Blacksburg neighborhood on a budget, check out Blacksburg & Wytheville. The average rent is $1,254, compared to the city average of $1,241.
Apperson-Dickerson
Average Rent
$1,269/Month
Year-Over-Year Rent Change
8.8%
TransitScore® Rating
46/100
Units Available
3 Rentals
Apperson-Dickerson is an affordable neighborhood in Blacksburg with an average rent price of $1,269. Compare this to the city average of $1,241. In the past year, rent prices have increased by 8.8%. Apperson-Dickerson provides easy access to College Square, North End, and New River Community College. It’s a walkable neighborhood with a WalkScore® of 78.
McBryde
Average Rent
$1,387/Month
Year-Over-Year Rent Change
8%
TransitScore® Rating
43/100
Units Available
16 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 $1,387, while the city’s average stands at $1,241. In the last year, prices have increased by 8%. McBryde is near Radford University Planetarium, University Crossroads, and North End.
Tom's Creek
Average Rent
$1,406/Month
TransitScore® Rating
23/100
Units Available
10 Rentals
Tom's Creek is a top choice for budget-conscious renters for a variety of reasons. The average rent in Tom's Creek is $1,406 while the city average is $1,241. Residents enjoy convenient access to Radford University, Roanoke/Blacksburg Regional (Woodrum Field), and Radford University Planetarium. The neighborhood is considered car-dependent with a WalkScore® of 18.
Hethwood-Prices Fork
Average Rent
$1,445/Month
Year-Over-Year Rent Change
3.6%
TransitScore® Rating
31/100
Units Available
5 Rentals
When you’re looking for a great Blacksburg neighborhood on a budget, check out Hethwood-Prices Fork. The average rent is $1,445, compared to the city average of $1,241. Rent prices have increased by 3.6%. Hethwood-Prices Fork is convenient to Virginia Tech, Roanoke/Blacksburg Regional (Woodrum Field), and Roanoke College. The community is car-dependent with a WalkScore® of 24.
Downtown Blacksburg
Average Rent
$1,446/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
49/100
Units Available
23 Rentals
Downtown Blacksburg is an affordable neighborhood in Blacksburg with an average rent price of $1,446. Compare this to the city average of $1,241. In the past year, rent prices have increased by 1.9%. Downtown Blacksburg provides easy access to Radford University Planetarium, North End, and New River Community College. It’s a walkable neighborhood with a WalkScore® of 92.
Alleghany
Average Rent
$1,490/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
17/100
Units Available
2 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 $1,490, while the city’s average stands at $1,241. In the last year, prices have decreased by 1%. Alleghany is near Virginia Tech, College Square, and Roanoke/Blacksburg Regional (Woodrum Field).
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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.