Cheap Homes for Rent in Lynchburg, VA from $500 (32 Rentals)

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Lynchburg, VA Local Guide

Cheapest Neighborhoods for Apartments in Lynchburg, VA

Pricing Updated: 04/25/2025

Current apartment rentals in the Lynchburg, VA area range in price from $525 to $2,600 with an overall median price of $2,094. The three Lynchburg neighborhoods with the lowest median rent pricing are Montview at $750, Cornerstone at $1,025, and Fort Hill at $1,300. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lynchburg Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Montview$1,300$7501
Cornerstone$1,795$1,0251
Fort Hill$1,850$1,3002
Diamond Hill$1,900$8504
College Hill$2,225$8255
Downtown Lynchburg$2,225$8257
Rivermont$2,225$52516
Wyndhurst$2,300$1,4953
Sandusky$2,400$1,6953
Dearington$2,412$69522

Cheapest Available Lynchburg Apartments for Rent

 

The cheapest available apartment rental in Lynchburg, VA is a 1 Bed unit found at The Timbers priced from $659. Bramblewood Apartments in the Tate Springs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. Here is today’s list of the most affordable Lynchburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Timbers1 Bedroom, 1 Bathroom1BR,1BA$659
Bramblewood Apartments2BR/1.0BA2BR,1BA$800
Miller's Rest ApartmentsProof -ADA2BR,2BA$803
Wesley Apartments - Senior Living CommunityStudio (Stair Access)Studio,1BA$820
Rivermont Park1 Bedroom, 1 Bath1BR,1BA$849
Huntingwood Apartments1 Bed, 1 bath1BR,1BA$850
County Green Apartment Homes1 Bed, 1 bath1BR,1BA$875
Midtown Lofts1 Bed 1 Bath1BR,1BA$895
Walden Pond Apartment Homes1 Bedroom1BR,1BA$913
McGregor Lofts1 Bed 1 Bath1BR,1BA$935

Best Value Apartments for Rent in Lynchburg, VA

As of April 25, 2025 the best value apartment in the Lynchburg area is the $0.95 price per square foot 3B/2B Model at 37 West Apartments in the in the Wyndhurst neighborhood starting from $1,495. The second greatest value Lynchburg apartment is the 3BR/1.5BA Model at Ivy Creek Apartments starting at $999 with a $0.83 price per square foot . 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.
37 West Apartments3B/2B3BR,2BA$0.95
Ivy Creek Apartments3BR/1.5BA3BR,1.5BA$0.83
Piedmont Flour Mill LoftsOne Bedroom1BR,1BA$0.92
Forestbrook Apartments3 Bed/ 2 Bath with Den3BR,2BA$0.92
214 Langhorne Ln, Unit 2 Bed 1 Bath near U of L214 Langhorne Ln2BR,1BA$1.02
Grand VistasDogwood1BR,1BA$0.99
Parkside Grande at Cornerstone2BR2BR,2BA$1.09
Princeton Circle West ApartmentsContemporary2BR,2BA$1.03
Miller's Rest ApartmentsProof -ADA2BR,2BA$0.85
1949 Sunnymeade Rd, Unit D1949 Sunnymeade Rd2BR,1BA$1.12

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Frequently Asked Questions about Lynchburg

What type of rentals are currently available in Lynchburg?

There are currently 219 Apartments for Rent in Lynchburg, VA with pricing that ranges from $500 to $3,200. There are also 124 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lynchburg ranging from $525 to $4,500.

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 $4,500 with an average monthly rent of $1,468.

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 $925 to $2,603, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,500 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.

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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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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.

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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.