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Rent in Blacksburg, VA

Across Blacksburg's 4 ZIP codes, a 2-bedroom typically rents for about $1,340 a month, with figures from $1,309–$1,340. The highest typical rent is in 24063 ($1,340) and the lowest in 24060 ($1,309). 1 ZIP has ZIP-level figures from HUD or Census; the other 3 use the county Fair Market Rent. Owner-occupied homes in Montgomery County pay about 0.74% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Blacksburg, VA by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,043$1,043–$1,1954
1 bed$1,050$1,050–$1,0654
2 beds$1,340$1,309–$1,3404
3 beds$1,783$1,634–$1,7834
4 beds$2,048$1,750–$2,0484

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Blacksburg ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Blacksburg, VA?
About $1,340 a month: the median of the typical rents in 4 ZIP codes, which range from $1,309–$1,340. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Blacksburg, VA?
About $1,050 a month: the median of the typical rents in 4 ZIP codes, which range from $1,050–$1,065. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Blacksburg, VA?
About $1,783 a month: the median of the typical rents in 4 ZIP codes, which range from $1,634–$1,783. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Blacksburg, VA?
About $1,043 a month: the median of the typical rents in 4 ZIP codes, which range from $1,043–$1,195. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Blacksburg, VA?
About $2,048 a month: the median of the typical rents in 4 ZIP codes, which range from $1,750–$2,048. Figures are gross rent (rent plus tenant-paid utilities).
Which Blacksburg ZIP code has the highest rent?
For a 2-bedroom, 24063 has the highest typical rent at $1,340 a month, and 24060 the lowest at $1,309.
What is the property tax rate in Blacksburg, VA?
Owner-occupied homes in Montgomery County pay a typical 0.74% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Blacksburg rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).