Cheap Apartments for Rent in the Downtown Lynchburg Neighborhood of Lynchburg, VA from $300 (5 Rentals)

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

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Kemper Lofts
1 to 3 Bedroom Apartments

Kemper Lofts

1401 Kemper StLynchburg, VA 24501
  • Utilities Included
property at 130 8th St

130 8th St

Madison HeightsVA24572

Downtown Lynchburg, Lynchburg, VA Local Guide

Cheapest Available Downtown Lynchburg Apartments for Rent

 

The cheapest available apartment rental in the Downtown Lynchburg area of Lynchburg, VA is a Studio unit found at Wesley Apartments - Senior Living Community priced from $820. Midtown Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Downtown Lynchburg apartments for rent in Lynchburg, VA:

Apartment ListingModel NameBed/BathPriced From
Wesley Apartments - Senior Living CommunityStudio (Stair Access)Studio,1BA$820
Midtown Lofts1 Bed 1 Bath1BR,1BA$895
McGregor Lofts1 Bed 1 Bath1BR,1BA$935

Best Value Apartments for Rent in Downtown Lynchburg, VA

As of April 06, 2025 the best value apartment in the Downtown Lynchburg area is the $1.02 price per square foot 1025 Church St Model at 1025 Church St, Unit A in the in the Tate Springs neighborhood starting from $1,425. The second greatest value Downtown Lynchburg apartment is the 3 Bed/2 Bath Type 1 Model at Town Center Apartments starting at $1,700 with a $1.25 price per square foot in the College Hill neighborhood. Here is today’s list of the best values for Downtown Lynchburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1025 Church St, Unit A1025 Church St1BR,1.5BA$1.02
Town Center Apartments3 Bed/2 Bath Type 13BR,2BA$1.25
Park Place Apartments3BR/2BA Renovated3BR,2BA$1.03
Krise Luxury Lofts2BR/2.0BA2BR,2BA$1.58
Piedmont Flour Mill LoftsTwo Bedroom2BR,1BA$1.36
The WayneRiverview Two's2BR,2BA$1.51
Gish Flats1x11BR,1BA$1.41
Midtown Lofts1 Bed 1 Bath1BR,1BA$1.19
McGregor Lofts1 Bed 1 Bath1BR,1BA$1.33
Wesley Apartments - Senior Living CommunityStudio (Stair Access)Studio ,1BA$1.55

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Pet Friendly Lifestyle
Downtown Lynchburg, Lynchburg, VA

Ranked #1

Among neighborhoods in Lynchburg, VA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Downtown Lynchburg Neighborhood in Lynchburg, VA

Walk Score®

79 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

55 / 100

Bikeable

Some bike infrastructure

Transit Score®

30 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Downtown Lynchburg Apartments

What is the price of a cheap apartment in Downtown Lynchburg?

The cheapest apartment in Downtown Lynchburg is Wesley Apartments - Senior Living Community which is listed at $860, while the average apartment in Downtown Lynchburg costs $1,294.

What types of apartments are the cheapest in Downtown 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 9 regular apartments in Downtown 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 Downtown Lynchburg?

Cheap apartments in Downtown Lynchburg have an average cost of $277 which is $1,017 cheaper than the average rent for all rentals in Downtown 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.