Highlands at Huckleberry Ridge
535 Blackrock Dr,
Blacksburg, VA 24060
1-3 Beds | $1,625 - $1,835
Rental Market Trends in Blacksburg, VA
What is the average rent in Blacksburg, VA?
$1,241/month
Average Rent
725 Sq Ft
Average Apartment Size
+4.6%
Increase in the Last Year
As of March 2025, the average rent in Blacksburg, VA is $1,241 per month. This is 20% lower than the national average rent of $1,560/month, making renting in Blacksburg more affordable than most cities in the US. When you rent an apartment in Blacksburg, you can expect to pay about $985 per month for a studio, $1,241 for a one-bedroom apartment, and around $1,449 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,806 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Blacksburg, VA?
In the past year, rent has increased by 4.6%, which averages out to $58 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2025
Legend
2024
2025
Rent Ranges in Blacksburg, VA
Last Updated March 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
17%
$700 - $1,000/month
31%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
19%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Blacksburg?
Based on current rent prices, Grissom-Highland, Downtown Eastside and Ellett-Jennelle are the most affordable neighborhoods in Blacksburg.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Blacksburg?
Based on current rent prices, University/Airport, Kabrich Crescent and Alleghany are the most expensive neighborhoods in Blacksburg.
Neighborhood
Average Rent
Average Sq Ft
Which Blacksburg neighborhoods have the most rentals available?
The neighborhoods in Blacksburg with the most apartments available are Downtown Blacksburg, Blacksburg & Wytheville and McBryde .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Blacksburg, VA?
Because the average rent in Blacksburg is $1,241, you’ll want to make about $4,136 per month or $49,632 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Blacksburg, VA is 5.9% lower than the national average. Generally, housing in Blacksburg is 10.7% less expensive than the national average, with rent falling between $985 - $1,806. You can expect to pay 3.1% less for groceries, 8.3% less for utilities, and 9.1% less for transportation.
How does Blacksburg, VA compare to other nearby cities and neighborhoods?
Use the tool below to compare Blacksburg, VA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
$1,020/month
$1,138/month
Two Bedroom
$1,210/month
$1,638/month
Three Bedroom
$1,605/month
$2,155/month
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.