
Cheap Homes for Rent in Diamond Hill Neighborhood of Lynchburg, VA from $600 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Diamond Hill area of Lynchburg.
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 | $1,197 | $995 | $1,500 |
Diamond Hill 3 Bedroom Homes for Rent | $1,257 | $600 | $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 3 rentals with your search options within a 2 mile radius of the Diamond Hill Neighborhood of Lynchburg, VA.
Explore Lynchburg
Diamond Hill, Lynchburg, VA Local Guide
- Nearby Lynchburg neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Diamond Hill, VA
As of April 05, 2025 the best value apartment in the Diamond Hill area is the $0.95 price per square foot Two Bedroom - Loft Model at Piedmont Flour Mill Lofts in the in the Tate Springs neighborhood starting from $1,449. The second greatest value Diamond Hill apartment is the 1025 Church St Model at 1025 Church St, Unit A starting at $1,425 with a $1.02 price per square foot in the Tate Springs 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. |
---|---|---|---|
Piedmont Flour Mill Lofts | Two Bedroom - Loft | 2BR,2BA | $0.95 |
1025 Church St, Unit A | 1025 Church St | 1BR,1.5BA | $1.02 |
Town Center Apartments | 3 Bed/2 Bath Type 1 | 3BR,2BA | $1.25 |
Park Place Apartments | 3BR/2BA Renovated | 3BR,2BA | $1.03 |
Krise Luxury Lofts | 2BR/2.0BA | 2BR,2BA | $1.58 |
The Wayne | Riverview Two's | 2BR,2BA | $1.51 |
Gish Flats | 1x1 | 1BR,1BA | $1.41 |
Midtown Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.19 |
McGregor Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.33 |
Wesley Apartments - Senior Living Community | Studio (Stair Access) | Studio ,1BA | $1.55 |
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.
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 $750 to $3,200. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Diamond Hill ranging from $600 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 $600 to $1,900 with an average monthly rent of $1,451.
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.

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.

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.

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.