Cheap Homes for Rent in Lynchburg, VA from $500 (26 Rentals)

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Lynchburg, VA Local Guide

Cheapest Neighborhoods for Apartments in Lynchburg, VA

Pricing Updated: 04/04/2025

Current apartment rentals in the Lynchburg, VA area range in price from $595 to $3,200 with an overall median price of $1,554. The three Lynchburg neighborhoods with the lowest median rent pricing are Dearington at $679, Downtown Lynchburg at $595, and Rivermont 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$1,250$67982
Downtown Lynchburg$1,294$59541
Rivermont$1,331$59563
College Hill$1,367$75046
Diamond Hill$1,399$75038
Fort Hill$1,570$8503
Cornerstone$1,669$77028
Wyndhurst$1,669$77039
Sandusky$1,765$67961
Montview$1,889$8503

Cheapest Available Lynchburg Apartments for Rent

 

The cheapest available apartment rental in Lynchburg, VA is a 1 Bed unit found at Forestside Apartments in the Wyndhurst neighborhood priced from $770. Bramblewood Apartments in the Tate Springs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Lynchburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Forestside Apartments1B 1 BA1BR,1BA$770
Bramblewood Apartments1BR/1.0BA1BR,1BA$800
Miller's Rest ApartmentsProof -ADA2BR,2BA$803
Wesley Apartments - Senior Living CommunityStudio (Stair Access)Studio,1BA$820
Walden Pond Apartment Homes1 Bedroom1BR,1BA$847
Rivermont Park1 Bedroom, 1 Bath1BR,1BA$849
Huntingwood Apartments1 Bed, 1 bath1BR,1BA$850
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$859
Princeton Circle West ApartmentsColonial1BR,1BA$875
County Green Apartment Homes1 Bed, 1 bath1BR,1BA$875

Best Value Apartments for Rent in Lynchburg, VA

As of April 04, 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
1025 Church St, Unit A1025 Church St1BR,1.5BA$1.02
The Gables of Spring CreekAshwood Select 3rd Floor3BR,2BA$1.11
Ivy Creek Apartments3BR/1.5BA3BR,1.5BA$0.83
Park Place Apartments3BR/2BA Renovated3BR,2BA$1.03
Grand VistasDogwood1BR,1BA$0.99
Mill's Crossing22BR,2BA$0.95
Miller's Rest ApartmentsPritchell2BR,2BA$0.85
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$0.98

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Frequently Asked Questions about Lynchburg

What type of rentals are currently available in Lynchburg?

There are currently 221 Apartments for Rent in Lynchburg, VA with pricing that ranges from $595 to $3,200. There are also 120 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lynchburg ranging from $525 to $4,050.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lynchburg ranges from $525 to $4,050 with an average monthly rent of $1,944.

How much are larger Three and Four Bedroom Rentals in Lynchburg?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lynchburg range from $775 to $2,597, while Three Bedroom Homes, Condos, and Townhomes for rent range from $600 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $1,590.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.