Rental market snapshot for Blacksburg, Virginia

Blacksburg, Virginia Rental Property Market Overview

Blacksburg, Virginia is a vibrant college town located in the heart of the Blue Ridge Mountains. With a population of 44,949 as of 2021, according to the US Census, Blacksburg is home to Virginia Tech, a world-renowned research university. The town offers a variety of activities and attractions, from outdoor recreation to cultural events and festivals. With its beautiful mountain views, friendly people, and vibrant culture, Blacksburg is a great place to live and visit.

The average rent for an apartment in Blacksburg is $1,597. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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Average monthly rent graph in Blacksburg Virginia | Cost of Living

  • The most expensive ZIP code in Blacksburg is 24060 with an average price of $1,890.
  • The cheapest ZIP code in Blacksburg is 24060 with an average price of $1,890.

Blacksburg ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
124060$1,890

Live near Blacksburg, Virginia's Top Sights and Attractions

Drillfield is a large, open green space located on the campus of a university in a small college town. It is a popular gathering spot for students and locals alike, and is often used for outdoor activities such as Frisbee, football, and sunbathing. The field is surrounded by a variety of buildings, including a library, student center, and several academic buildings. It is also home to a large war memorial, which honors the university's alumni who have served in the military.

Museum Of Geosciences is an educational attraction that showcases the geological history of the area. It features a variety of interactive exhibits, including a fossil dig, a mineral collection, and a rock wall. Visitors can also explore the museum's outdoor garden, which features a variety of native plants and trees. The museum also offers educational programs and workshops for all ages.

April 16 Memorial is a memorial park located in Blacksburg, Virginia. It is dedicated to the 32 victims of the Virginia Tech shooting that occurred on April 16, 2007. The memorial consists of a large stone plaza with 32 stone pillars, each inscribed with the name of a victim, and a reflecting pool. The plaza is surrounded by 32 trees, one for each victim, and a walkway lined with benches. The memorial also includes a memorial wall with the names of the victims, a memorial garden, and a memorial stone.

Shenandoah Bike Trail and Park is a scenic outdoor attraction located in Blacksburg, Virginia. It is a popular destination for hikers, bikers, and nature lovers alike. The trail is a 10-mile loop that winds through the woods, offering stunning views of the surrounding landscape. The park also features a variety of amenities, including picnic areas, restrooms, and a playground. Visitors can also enjoy fishing, bird watching, and other outdoor activities. With its beautiful scenery and abundance of recreational opportunities, Shenandoah Bike Trail and Park is a great place to spend a day in the great outdoors.

Toms Creek Park is a scenic outdoor area located in the foothills of the Blue Ridge Mountains. It features a variety of trails for hiking, biking, and horseback riding, as well as a lake for fishing and canoeing. The park also has a playground, picnic area, and a disc golf course. The park is surrounded by lush forests and rolling hills, providing a peaceful and tranquil atmosphere.

Seneca Drive Park is a beautiful outdoor recreational area located in the foothills of the Appalachian Mountains. It features a large lake, walking trails, picnic areas, and a playground. The park is surrounded by lush forests and rolling hills, making it a great spot for a peaceful stroll or a picnic. The lake is stocked with fish, making it a great spot for fishing. There are also plenty of benches and tables for visitors to relax and enjoy the scenery.

Spring Lot is a picturesque park located in the foothills of the Blue Ridge Mountains. It features a large pond surrounded by lush greenery and a variety of trees, including cherry, maple, and oak. Visitors can enjoy a variety of activities, such as fishing, canoeing, and kayaking in the pond, or take a leisurely stroll along the walking trails. The park also offers picnic areas, playgrounds, and a pavilion for special events.

Municipal Park Complex is a sprawling outdoor recreation area located in the foothills of the Appalachian Mountains. It features a variety of activities, including a large lake for swimming, fishing, and boating, as well as a playground, picnic areas, and a disc golf course. The park also has several miles of trails for hiking, biking, and horseback riding, as well as a nature center with educational programs and exhibits. The park is a popular destination for locals and visitors alike, and offers something for everyone.

Price House Nature Center and Garden Park is a tranquil oasis in the heart of a bustling college town. Located on the banks of a peaceful river, the park features a variety of trails and gardens, including a butterfly garden, a wildflower meadow, and a native plant garden. Visitors can explore the trails and observe the wildlife, or take a break in the picnic area. The nature center offers educational programs and activities for all ages, including guided hikes, bird watching, and nature photography. The park also hosts special events throughout the year, such as outdoor concerts and festivals.

Nellie's Cave Park and Arboretum is a scenic park located in the foothills of the Appalachian Mountains. It features a large, natural cave, a picturesque waterfall, and a variety of trails for hiking and exploring. The park also has an arboretum with a variety of trees, shrubs, and flowers, as well as a picnic area and playground. Visitors can also enjoy fishing in the nearby stream and pond. The park is a great place to relax and enjoy nature.

Blacksburg, Virginia area median rent change by ZIP code map

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How does Blacksburg compare to other cities in Virginia?

citymedian price
Tysons Corner$2,439
Ashburn$2,340
Fairfax$2,215
Reston$2,185
Yorktown$1,740
Richmond$1,509
Winchester$1,450
Colonial Heights$1,199

Average household income in Blacksburg area graph - US Census

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The median household income in Blacksburg in 2021 was $43,804. This represents a 47.1% change from 2011 when the median was $29,769.

#categorypercent
0Less than $10,00023.8%
1$10,000 to $14,9995.6%
2$15,000 to $19,9994.9%
3$20,000 to $24,9994.6%
4$25,000 to $29,9994.6%
5$30,000 to $34,9993.1%
6$35,000 to $39,9992.1%
7$40,000 to $44,9993.5%
8$45,000 to $49,9993.8%
9$50,000 to $59,9994.1%
10$60,000 to $74,9998.0%
11$75,000 to $99,9998.3%
12$100,000 to $124,9995.5%
13$125,000 to $149,9994.2%
14$150,000 to $199,9995.8%
15$200,000 or more8.2%

Neighborhoods in Blacksburg

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of December , the average rent in Blacksburg is $1,597.
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