Blacksburg, VA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Blacksburg short-term rental market based on reliable data.

Listings

287 / 671

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$24,457

Middle-Earners Revenue

Occupancy

42%

Middle-Earners Occupancy

Home Value

$412,402

Median Home Sale Price

Top Earners

$57,510

Top-Earners Revenue

Blacksburg

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Blacksburg.

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C

Challenging to Investors

Blacksburg Regulations

Short-term rentals are explicitly allowed but heavily restricted: a 90-night annual cap with just 30 nights allowed for Type B rentals, primary-residence and owner-occupancy requirements, single-family-only zoning, and for non-owner-occupied units a Special Use Permit is needed, plus multi-jurisdiction licensing, taxes, and safety compliance. These strict caps, limited zones, and permitting burdens create a challenging environment for investors.

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About Blacksburg

Blacksburg, Virginia, is a vibrant town situated in Montgomery County in the southwestern part of the state. As of recent estimates, the population of Blacksburg is approximately 44,000. The town is about 40 miles west of Roanoke, the nearest major city.

Known for its picturesque setting in the heart of the Blue Ridge Mountains, Blacksburg is home to Virginia Tech, a prominent public land-grant research university.

Notable landmarks in Blacksburg include the Moss Arts Center (https://www.artscenter.vt.edu/),,) which hosts various performances and artistic exhibitions, and the Hahn Horticulture Garden (https://www.hort.vt.edu/hhg/index.html),,) providing a serene outdoor escape. Another major attraction is Lane Stadium (https://hokiesports.com/facilities/lane-stadium/1),,) where Virginia Tech's football games draw large crowds.

Short-term rentals in Blacksburg can appeal to visitors attending university events, sports matches, or those exploring the natural beauty of nearby areas like the Pandapas Pond Day Use Area in the Jefferson National Forest.

Overall, Blacksburg's blend of academic vibrance, cultural spots, and scenic beauty makes it a compelling destination for short-term stays.

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