States › Virginia › Blacksburg

Is Blacksburg, VA expensive to live in?

ExpensiveRent takes 35 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,55711% lower than U.S. average
💵 Families earn per year (2026)$54,121about $4,510/month · 38% lower than U.S. average
🔑 House price$446,30034% higher than U.S. average

Rent is lower than in 55% of U.S. cities. A typical house costs about 8.2 years of household income, so buying is hard for most locals. Commutes are short, about 14.8 minutes. Most households rent (64%), so there are plenty of rental options. It is a highly educated city: 69.2% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $62,280 a year. That is $30 an hour at a full-time job.

Is rent cheaper than other Virginia cities?

Yes. Rent here is cheaper than in most of Virginia. It is number 55 of 199 cities from cheapest to most expensive.

Blacksburg
$1,557
$2,631
$3,500+
$1,937

How much do households earn in Blacksburg?

Under $25k
15.3%
$25k–50k
17.7%
$50k–100k
18.1%
$100k–150k
12.3%
$150k+
14.7%

Share of households by yearly income. 26.9% of households earn $100,000 or more.

Rent by apartment size in Blacksburg

SizeBlacksburgU.S. average
Studio$1,384$1,338
1 bedroom$1,132$1,324
2 bedrooms$1,368$1,509
3 bedrooms$1,788$1,698
4 bedrooms$2,039$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Blacksburg overall?

Everyday prices in the Blacksburg-Christiansburg-Radford metro area are 7% below the U.S. average (index 92.7, U.S. = 100).

Housing
74
Goods (food, clothes…)
97
Utilities
88
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Blacksburg

🏛️ Property tax$3,460a year · 0.78% of home value · U.S. $3,119
⚡ Electric bill$122a month (typical) · U.S. $156

Life in Blacksburg

Commute to work14.8 minU.S.: 26.4 min
College degree69.2%U.S.: 35.7%
Own their home35.8%U.S.: 65.2%
Below poverty line42.7%U.S.: 12.5%
Unemployment3.1%U.S.: 5.2%

What jobs pay in Blacksburg

JobMedian payRent / pay
Pharmacist$131,74014.2%
Physician Assistant$125,05014.9%
Nurse Practitioner$124,80015.0%
Software Developer$111,63016.7%
Lawyer$106,50017.5%
Operations Manager$97,48019.2%
Computer Systems Analyst$96,83019.3%
Civil Engineer$94,20019.8%
Dental Hygienist$90,55020.6%
Registered Nurse$81,23023.0%
Accountant$74,80025.0%
Market Research Analyst$62,79029.8%
Electrician$62,49029.9%
Elementary School Teacher$60,60030.8%
Licensed Practical Nurse$57,46032.5%
Police Officer$56,25033.2%
Truck Driver$53,98034.6%
Plumber$53,34035.0%
HVAC Technician$50,03037.3%
Carpenter$47,58039.3%
Warehouse Worker$46,44040.2%
Medical Assistant$39,35047.5%
Firefighter$38,38048.7%
Nursing Assistant$37,85049.4%
Server (Waiter/Waitress)$37,67049.6%
Customer Service Representative$37,43049.9%
Restaurant Cook$35,05053.3%
Retail Salesperson$31,78058.8%
Cashier$28,77064.9%

Is it cheaper to rent or buy in Blacksburg?

Renting is cheaper right now: about $1,540 a month less.

Renting
$1,557
Owning
$3,097

Owning assumes a typical $446,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $44,630 for the down payment.

Frequently asked questions

What is the average rent in Blacksburg, VA?

Renting in Blacksburg costs a median of about $1,557 a month in 2026, including utilities. The Virginia median is $2,049.

How much do I need to make to live in Blacksburg?

To keep rent under 30% of income, you need about $62,280 a year, or $30 an hour at a full-time job.

Is Blacksburg cheap or expensive?

Blacksburg is rated Expensive: rent takes 34.5% of the typical household income of $54,121. It ranks 55th cheapest of 199 Virginia cities we track.

How much are property taxes in Blacksburg?

The median homeowner in Blacksburg pays $3,460 a year in property taxes, about 0.78% of the median home value.

Is Blacksburg more expensive than the national average?

Overall prices in the metro area are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Blacksburg?

The median home value in Blacksburg is $446,300, about 8.2 times the typical yearly household income.

45,446 people live in Blacksburg. Numbers are typical (middle) values.