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Affordable apartments in Blacksburg, Virginia

6 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

5 lihtc1 section 8

Buildings

FIELDSTONE SENIOR

LIHTC
401 GIVENS LANE, BLACKSBURG, VA, 24060
Income-restricted units
60 of 60
Year placed in service
2018
Bedroom mix
40 1BR · 20 2BR

Estimated total housing cost: $1,237 rent + $167 utilities = $1,404/mo

Contact property management for current availability. Waitlists may apply.

Lantern Ridge Apts

Section 8
501 FAIRFAX RD, Blacksburg, VA, 24060
Income-restricted units
51 of 120
Year placed in service
Not reported

Estimated total housing cost: $1,237 rent + $167 utilities = $1,404/mo

Contact property management for current availability. Waitlists may apply.

CEDAR CREST III

LIHTC
600 CEDAR HILL DR, BLACKSBURG, VA, 24060
Income-restricted units
28 of 28
Year placed in service
2005
Bedroom mix
2 1BR · 21 2BR · 4 3BR

Estimated total housing cost: $1,237 rent + $167 utilities = $1,404/mo

Contact property management for current availability. Waitlists may apply.

CEDAR CREST I

LIHTC
596 CEDAR HILL DR, BLACKSBURG, VA, 24060
Income-restricted units
26 of 26
Year placed in service
1999
Bedroom mix
6 2BR · 20 3BR

Estimated total housing cost: $1,237 rent + $167 utilities = $1,404/mo

Contact property management for current availability. Waitlists may apply.

CEDAR CREST II

LIHTC
504 ESSEX CT, BLACKSBURG, VA, 24060
Income-restricted units
24 of 24
Year placed in service
2000
Bedroom mix
8 2BR · 16 3BR

Estimated total housing cost: $1,237 rent + $167 utilities = $1,404/mo

Contact property management for current availability. Waitlists may apply.

HUNTING HILLS

LIHTC
3153 HILLMAN STREET, BLACKSBURG, VA, 24060
Income-restricted units
12 of 12
Year placed in service
2016
Bedroom mix
12 2BR

Estimated total housing cost: $1,237 rent + $167 utilities = $1,404/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Virginia

Residential electricity in Virginia runs about 15.69¢/kWh, with a typical monthly residential electric bill near $167. Natural gas runs about $21.48/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Blacksburg, VA

Metro-level
BedroomsLocal FMRNational median
Studio$1,051n/a
1 bedroom$1,175n/a
2 bedroom$1,237$1,502
3 bedroom$1,608n/a
4 bedroom$1,856n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Montgomery County, VA

Blacksburg-Christiansburg-Radford, VA. FY2025. Area median income: $109,900.

Household size30% AMI50% AMI80% AMI
1 person$23,050$38,350$61,400
2 people$26,350$43,850$70,200
3 people$29,650$49,350$78,950
4 people$32,900$54,800$87,700
5 people$37,650$59,200$94,750
6 people$43,150$63,600$101,750
7 people$48,650$67,950$108,750
8 people$54,150$72,350$115,800

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

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About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Blacksburg cost-of-living and Fair Market Rent overview