Blacksburg, VA Rental Market Trends
Last updated: February 18, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Blacksburg is $2,327, a 4.64% increase compared to the previous year, when the average rent was $2,224.
Studio Apartments at $1,455 offer the most budget-friendly option with 404 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 670 square feet for $1,271, balancing privacy and affordability.
Two-beedroom units at $1,701 offer 920 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,160 sq ft) for $2,388, suitable for larger households.
Average rent in Blacksburg, VA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,327 | 1,031 sq. ft. |
| Studio | $1,455 | 404 sq. ft. |
| 1 Bed | $1,271 | 670 sq. ft. |
| 2 Beds | $1,701 | 920 sq. ft. |
| 3 Beds | $2,388 | 1,160 sq. ft. |
Blacksburg, VA rent trends
Rental prices in Blacksburg, VA have increased by 4.64% over the past year. The average rent moved from $2,224 to $2,327.
What's the typical rent budget in Blacksburg, VA?
The largest share of rentals in Blacksburg, VA (30%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Blacksburg, VA?
9,092 or 66% of the households in Blacksburg, VA are renter-occupied while 4,735 or 34% are owner-occupied.
How Blacksburg Compares to Other Cities
| City | Average Rent |
|---|---|
| Blacksburg | $2,327 |
| Richmond | $1,590 |
| Arlington | $2,643 |
| Alexandria | $2,140 |
| Newport News | $1,424 |
| Virginia Beach | $1,743 |
| Norfolk | $1,564 |
| Henrico | $1,589 |
| Woodbridge | $2,086 |
| Charlottesville | $2,101 |
| Roanoke | $1,373 |
| Radford, VA | $1,367 |
| Salem, VA | $1,316 |
| Daleville, VA | $1,718 |
| Christiansburg, VA | $1,764 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Blacksburg apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.