Cheap Apartments for Rent in Lynchburg, VA from $300 (58 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lynchburg.

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Holland House
1 to 2 Bedroom Apartments

Holland House

3710 Fort AveLynchburg, VA 24501
  • Utilities Included
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Timber Ridge
1 to 3 Bedroom Apartments

Timber Ridge

7500 Timberlake RdLynchburg, VA 24502
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Ivy Ridge
2 to 3 Bedroom Apartments

Ivy Ridge

1609 McVeigh RdLynchburg, VA 24502
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Montvue Apartments
2 Bedroom Apartments

Montvue Apartments

1220 Moseley DrLynchburg, VA 24502
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Nottingham
1 to 2 Bedroom Apartments

Nottingham

3463 Fort AveLynchburg, VA 24501
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Woodbine, LLC
1 Bedroom Apartments

Woodbine, LLC

1424 Tunbridge RdLynchburg, VA 24501
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New London Apartments
1 to 2 Bedroom Apartments

New London Apartments

9 Turkey Foot RdLynchburg, VA 24502
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503 Church St
1 Bedroom Apartments

503 Church St

503 Church StLynchburg, VA 24504
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500 Euclid Avenue
1 Bedroom Apartments

500 Euclid Avenue

500 Euclid AveLynchburg, VA 24501
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Timber East Apartments
1 to 2 Bedroom Apartments

Timber East Apartments

119 Shrader LnLynchburg, VA 24502
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Locksview
2 Bedroom Apartments

Locksview

2315 Atherholt RdLynchburg, VA 24501
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The Virginian Lofts
1 Bedroom Apartments

The Virginian Lofts

301 Rivermont AveLynchburg, VA 24504
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Cliffs Edge Lofts
1 to 2 Bedroom Apartments

Cliffs Edge Lofts

612 Commerce StLynchburg, VA 24504
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Showing Results 1-50, Page 1 of 2

Lynchburg, VA Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Lynchburg, VA

Pricing Updated: 03/26/2025

Current apartment rentals in the Lynchburg, VA area range in price from $595 to $3,200 with an overall median price of $1,507. The three Lynchburg neighborhoods with the lowest median rent pricing are Dearington at $679, Diamond Hill at $750, and Downtown Lynchburg at $595. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lynchburg Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Dearington$1,200$6793271
Diamond Hill$1,200$7501937
Downtown Lynchburg$1,200$5951964
Rivermont$1,237$5952532
College Hill$1,274$7502175
Fort Hill$1,570$85014
Cornerstone$1,669$7701667
Wyndhurst$1,669$7701716
Sandusky$1,780$6792755
Montview$1,889$85015

Cheapest Available Lynchburg Apartments for Rent

 

The cheapest available apartment rental in Lynchburg, VA is a 1 Bed unit found at The Timbers priced from $659. Cardinal's Crest Apartments in the Cornerstone neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. Here is today’s list of the most affordable Lynchburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Timbers1 Bedroom, 1 Bathroom1BR,1BA$659
Cardinal's Crest Apartments1 Bedroom1BR,1BA$770
Forestside Apartments1B 1 BA1BR,1BA$770
Beechwood1 Bed/ 1 Bath1BR,1BA$780
Bramblewood Apartments1BR/1.0BA1BR,1BA$800
Miller's Rest ApartmentsProof -ADA2BR,2BA$803
Wesley Apartments - Senior Living CommunityStudio (Stair Access)Studio,1BA$820
Rivermont Park1 Bedroom, 1 Bath1BR,1BA$849
Huntingwood Apartments1 Bed, 1 bath1BR,1BA$850
Princeton Circle West ApartmentsColonial1BR,1BA$875

Best Value Apartments for Rent in Lynchburg, VA

As of March 26, 2025 the best value apartment in the Lynchburg area is the $1.03 price per square foot 3 Bed 2 Bath Model at Eleven25 in the in the Tate Springs neighborhood starting from $1,780. The second greatest value Lynchburg apartment is the 2BR/2.5BA Model at The Modern starting at $1,800 with a $1.07 price per square foot in the Tate Springs neighborhood. Here is today’s list of the best values for Lynchburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eleven253 Bed 2 Bath3BR,2BA$1.03
The Modern2BR/2.5BA2BR,2.5BA$1.07
37 West Apartments3B/2B3BR,2BA$0.95
Grand VistasCardinal3BR,2BA$1.01
WillowBrook Luxury ApartmentsPhase 2-Call for availability before applying4BR,2BA$1.14
The Gables of Spring CreekAshwood Select 3rd Floor3BR,2BA$1.11
Park Place Apartments2BR/2BA +Den Renovated2BR,2BA$0.97
Miller's Rest ApartmentsPritchell2BR,2BA$0.85
County Green Apartment Homes1 Bed, 1 bath1BR,1BA$1.15
Bramblewood Apartments1BR/1.0BA1BR,1BA$1.18

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Lynchburg Overview

Apart from the great weather of the area, the Lynchburg, VA boasts of an ethnically and culturally diverse local population. There are great shopping areas, recreational facilities, and restaurants as well as quality education and healthcare facilities. With a population of about 80,000 the transport network and media outlets serve the residents well.

Why live in Lynchburg, VA?

Lynchburg is home to an engaged business community that makes it a great city to live and work. The vibrant culture and rich history of the city combine with the education system to deliver an enjoyable city for both young and old. The culturally diverse community is warm and welcoming and will give you an easy time to fit in. Also, the Lynchburg real estate market has modern houses, making it a good idea to look for apartments in Lynchburg.

Pet Friendly Lifestyle
Lynchburg, VA

Ranked #24

Among cities in Virginia for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Lynchburg, VA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lynchburg, VA Rentals by Map

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See the most popular apartments and homes in Lynchburg, VA

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Getting Around Lynchburg, VA

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

20 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lynchburg Apartments

What is a cheap apartment in Lynchburg?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lynchburg is under $875.

What is the price of a cheap apartment in Lynchburg?

The cheapest apartment in Lynchburg is The Timbers which is listed at $659, while the average apartment in Lynchburg costs $1,507.

What types of apartments are the cheapest in Lynchburg?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5,135 regular apartments in Lynchburg that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lynchburg?

Cheap apartments in Lynchburg have an average cost of $376 which is $1,131 cheaper than the average rent for all rentals in Lynchburg.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.