Cheap Homes for Rent in Downtown Lynchburg Neighborhood of Lynchburg, VA from $500 (5 Rentals)

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

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 11, 2025 the best value apartment in the Downtown Lynchburg 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 Downtown Lynchburg 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 Downtown Lynchburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Piedmont Flour Mill LoftsTwo Bedroom - Loft2BR,2BA$0.95
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/2BA3BR,2BA$0.94
Krise Luxury Lofts2BR/2.0BA2BR,2BA$1.40
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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Frequently Asked Questions about Downtown Lynchburg

What type of rentals are currently available in Downtown Lynchburg?

There are currently 78 Apartments for Rent in Downtown Lynchburg, VA with pricing that ranges from $595 to $3,200. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lynchburg ranging from $500 to $2,225.

What is the current price range for Rental Homes in Downtown Lynchburg?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lynchburg ranges from $500 to $2,225 with an average monthly rent of $1,383.

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.