Rent to own Homes in Blacksburg, VA

Low Rental Rates! The average monthly rental rate for Blacksburg, VA is only $826 per month. These low rental rates make it possible for just about anyone to be able to afford rent to own properties in the area. Mount Tabor Meadows and Woodbine are a few of the great neighborhoods available.

Blacksburg, VA is a great place for affordable rent-to-own homes! With a median household income of over $41,711 and a median rent of $1,141, the Blacksburg, VA rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Blacksburg, VA. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Blacksburg, VA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
(Undisclosed Address)
Rent To Own
Downtown
Single Family Home
Blacksburg, VA 24060
2
1
1156 ft2
1955
2190 MERRIMAC RD
Rent to Own Eligible
Hethwood - Prices Fork
Single Family Home
Blacksburg, VA 24060
2
2
3584 ft2
1800
New
202 FINCASTLE DR
Rent to Own Eligible
Alleghany
Single Family Home
Blacksburg, VA 24060
4
3
3463 ft2
1973
New
802 NEWPORT TER
Rent to Own Eligible
 
Single Family Home
Blacksburg, VA 24060
3
2
885 ft2
1986
108 MAYWOOD ST
Rent to Own Eligible
Woodbine - Wyatt
Single Family Home
Blacksburg, VA 24060
4
2
2356 ft2
1973
New
1205 CEDAR ORCHARD DR E
Rent to Own Eligible
Alleghany
Single Family Home
Blacksburg, VA 24060
4
3
2862 ft2
1996
100 KINLOCH DR
Rent to Own Eligible
University
Single Family Home
Blacksburg, VA 24060
4
3
2344 ft2
2022
3530 EVERGREEN TRL
Rent to Own Eligible
 
Single Family Home
Blacksburg, VA 24060
4
4
4335 ft2
2004
300 COHEE RD
Rent to Own Eligible
Mountain View
Single Family Home
Blacksburg, VA 24060
4
3
3693 ft2
1979
1308 CRESTVIEW DR
Rent to Own Eligible
Grissom - Highland
Single Family Home
Blacksburg, VA 24060
3
2
1858 ft2
1956
920 MCBRYDE LN
Rent to Own Eligible
McBryde
Single Family Home
Blacksburg, VA 24060
3
3
2360 ft2
1962
2540 BLOSSOM TRL W
Rent to Own Eligible
Alleghany
Single Family Home
Blacksburg, VA 24060
3
3
1712 ft2
2003
1907 GARDENSPRING DR
Rent to Own Eligible
Grissom - Highland
Single Family Home
Blacksburg, VA 24060
2
2
2100 ft2
1976
1 of 151 2431 MOUNT TABOR RD
Rent to Own Eligible
 
Single Family Home
Blacksburg, VA 24060
3
2
2588 ft2
1979
3665 DEER RUN RD
Rent to Own Eligible
 
Single Family Home
Blacksburg, VA 24060
3
4
2965 ft2
1990
New
220 HAMILTON AVE NW
Rent to Own Eligible
114 Corridor
Single Family Home
Christiansburg, VA 24073
2
3
1928 ft2
2020
1 of 153 4525 W BENOIT DR
Rent to Own Eligible
 
Single Family Home
Blacksburg, VA 24060
4
4
4534 ft2
2003
New
175 WINDSOR DR
Rent to Own Eligible
West Cambria
Single Family Home
Christiansburg, VA 24073
4
3
2066 ft2
2012
290 ROUDABUSH DR NW
Rent to Own Eligible
West Cambria
Single Family Home
Christiansburg, VA 24073
4
3
1888 ft2
2016
160 SPRING BUCK LN
Rent to Own Eligible
West Cambria
Single Family Home
Christiansburg, VA 24073
4
4
3064 ft2
2010
1 of 21 827 BLUE GRASS TRL
Rent to Own Eligible
 
Single Family Home
Newport, VA 24128
3
2
1513 ft2
1972
New
1085 RED LEAF DR
Rent to Own Eligible
West Cambria
Townhouse/Condo
Christiansburg, VA 24073
4
4
2884 ft2
2003
1044 ST CLAIR LN
Rent to Own Eligible
Panhandle
Single Family Home
Christiansburg, VA 24073
4
3
2124 ft2
2011
407 DEPOT ST W
Rent to Own Eligible
East Town Central
Single Family Home
Christiansburg, VA 24073
3
2
1898 ft2
2022
New
355 WARREN ST
Rent to Own Eligible
West Town Central
Single Family Home
Christiansburg, VA 24073
3
3
2016 ft2
1990
480 CHEROKEE DR
Rent to Own Eligible
East Town Central
Single Family Home
Christiansburg, VA 24073
3
3
2338 ft2
1985
New
60 WOODRIDGE DR
Rent to Own Eligible
Panhandle
Single Family Home
Christiansburg, VA 24073
3
2
1344 ft2
2001
2490 GLADE DR SE
Rent to Own Eligible
Panhandle
Single Family Home
Christiansburg, VA 24073
5
3
2510 ft2
1987
New
107 ALLEGHANY ST
Rent to Own Eligible
East Town Central
Single Family Home
Christiansburg, VA 24073
4
3
2652 ft2
1968
340 CHELSEA LOOP
Rent to Own Eligible
West Town Central
Single Family Home
Christiansburg, VA 24073
3
3
1694 ft2
2016
3390 ROANOKE ST
Rent to Own Eligible
Panhandle
Single Family Home
Christiansburg, VA 24073
3
3
2685 ft2
1960
New
1 of 81 1720 CLOVER HOLLOW RD
Rent to Own Eligible
 
Single Family Home
Newport, VA 24128
4
4
3398 ft2
2001
740 ATKINSON RD
Rent to Own Eligible
West Town Central
Single Family Home
Christiansburg, VA 24073
3
2
1738 ft2
1984
New
570 SUMMIT RIDGE RD
Rent to Own Eligible
South Franklin
Single Family Home
Christiansburg, VA 24073
3
4
3985 ft2
1968
335 OVERLAND DR
Rent to Own Eligible
South Franklin
Single Family Home
Christiansburg, VA 24073
3
2
1684 ft2
1973
118 CAVE HILL RD
Rent to Own Eligible
 
Single Family Home
Newport, VA 24128
3
2
1328 ft2
1992
New
1 of 39 302 CLEMENT ST
Rent to Own Eligible
 
Single Family Home
Radford, VA 24141
3
1
1145 ft2
2156 WAKE FOREST RD
Rent to Own Eligible
 
Single Family Home
Blacksburg, VA 24060
3
3
1850 ft2
1968
3815 FAIRWAY VIEW DR
Rent to Own Eligible
 
Single Family Home
Riner, VA 24149
3
3
2540 ft2
2020
3510 FAIRWAY VIEW DR
Rent to Own Eligible
 
Single Family Home
Riner, VA 24149
4
5
4479 ft2
2006
6270 MCCOY RD
Rent to Own Eligible
 
Single Family Home
Blacksburg, VA 24060
4
3
2703 ft2
1985
811 7TH ST
Rent to Own Eligible
 
Single Family Home
Radford, VA 24141
3
1
1302 ft2
1831 FAIRVIEW CHURCH RD
Rent to Own Eligible
 
Single Family Home
Riner, VA 24149
3
3
1818 ft2
1992
1778 UNION VALLEY RD
Rent to Own Eligible
 
Single Family Home
Riner, VA 24149
3
1
1025 ft2
1973
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Buying a Home in Blacksburg, VA

Blacksburg, VA is seeing rapid growth and Blacksburg, VA's' housing market remains not optimal with an average home price that is 42% above the 2024 national average. Blacksburg, VA is part of Montgomery county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Montgomery is 0.67% which is below the national average, which is 0.99%.

Median Home Price in Blacksburg, VA

Median Rent in Blacksburg, VA

Rent to own homes offer low monthly payments and flexible terms.

8 Reasons to Live in Blacksburg, VA

Let Your Inner Child Play! Enjoy a blast from the past during one of the many themed nights at Adventure World. You can enjoy roller skating, vintage video games and even laser tag. The classic roller world foods are available, including nachos, hotdogs and sodas. This will allow you to have hours of fun without having to travel to multiple locations.

Race to the Top! Enjoy rock climbing in a safe and fun way at Crimper's Indoor Climbing Gym. There are many different types of walls available to ensure that you are able to be challenged each time you come to the gym. It can be a great way to give your muscles a workout and have a bit of competition with your friends. Other workout venues include Anytime Fitness Blacksburg.

This is Not Your Typical Lazy River Ride! Enjoy a fun and exciting trip down the New River on a tubing excursion. Tube rentals are available from New River Junction, allowing you to see the beautiful Blacksburg scenery from a fun and exciting view. It takes just a few hours to travel the length of the river.

Numerous Homes Available! With over 500 homes for sale in Blacksburg, VA, over 40% of the homes are vacant. That provides quite the opportunity to find a great home at an affordable price. There are rent to own houses and houses for purchase in the area. New River Village and Wyatt Farm both have lovely homes available.

Rack 'Em! Enjoy a night of billiards at the Hokie House. It is a large bar that features two floors, both with full bars. The food is great and comedians put on shows on Wednesday nights. There are numerous pool tables available so that you never have to wait for a table. Other great nightlife can be found at Karaoke Konnection.

Go Back in Time with a Tour of a Colonial Home! Smithfield Plantation House was built in 1774. There are many artifacts available from the colonial era showing how people lived during that time. Tours run throughout the day to ensure that you are able to take it at a time that is convenient for you. Check out one of the talks from the Historic Lecture Series.

Steady Rise in Home Values! In the past eleven years, the value of homes in Blacksburg, VA has steadily risen. The average home is valued at $292,206, which is over a $100,000 climb in just a few years. That means that anyone that invests in a home or one of the rent to own homes available will more than likely see the value increase over the next few years. Carriage Hills and Oak Manor have both seen a steady rise in home value.