
Cheap Homes for Rent in Diamond Hill Neighborhood of Lynchburg, VA from $800 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Diamond Hill area of Lynchburg.


511 Florida Ave
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Diamond Hill, Lynchburg, VA Local Guide

How much does it cost to rent a home in Diamond Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Diamond Hill 2 Bedroom Homes for Rent | $1,047 | $850 | $1,250 |
Diamond Hill 3 Bedroom Homes for Rent | $1,497 | $1,100 | $1,895 |
Diamond Hill 4 Bedroom Homes for Rent | $1,900 | $1,900 | $1,900 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Diamond Hill Neighborhood of Lynchburg, VA.
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Diamond Hill, Lynchburg, VA Local Guide
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Best Value Apartments for Rent in Diamond Hill, VA
As of April 26, 2025 the best value apartment in the Diamond Hill area is the $1.25 price per square foot 3 Bed/2 Bath Type 1 Model at Town Center Apartments in the in the College Hill neighborhood starting from $1,700. The second greatest value Diamond Hill apartment is the 1016 Jefferson St Model at 1016 Jefferson St, Unit #2 starting at $1,650 with a $1.38 price per square foot in the College Hill neighborhood. Here is today’s list of the best values for Diamond Hill apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Town Center Apartments | 3 Bed/2 Bath Type 1 | 3BR,2BA | $1.25 |
1016 Jefferson St, Unit #2 | 1016 Jefferson St | 2BR,2BA | $1.38 |
Piedmont Flour Mill Lofts | One Bedroom | 1BR,1BA | $0.92 |
Park Place Apartments | 3BR/2BA Renovated | 3BR,2BA | $1.16 |
The Wayne | Riverview Two's | 2BR,2BA | $1.51 |
Gish Flats | 1x1 | 1BR,1BA | $1.30 |
Midtown Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.19 |
Palmera House Apartments | Palmera House Apts | 1BR,1BA | $1.47 |
McGregor Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.33 |
Wesley Apartments - Senior Living Community | Studio (Stair Access) | Studio ,1BA | $1.55 |
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Frequently Asked Questions about Diamond Hill
What type of rentals are currently available in Diamond Hill?
There are currently 72 Apartments for Rent in Diamond Hill, VA with pricing that ranges from $500 to $3,200. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Diamond Hill ranging from $850 to $1,900.
What is the current price range for Rental Homes in Diamond Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Diamond Hill ranges from $850 to $1,900 with an average monthly rent of $1,481.
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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.