
Cheap Apartments for Rent in Amherst, VA from $500 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Amherst.


Total Monthly Price
Jobbers Overall

Miller's Rest Apartments

Elora Gardens Lynchburg

Total Monthly Price
The Timbers

Total Monthly Price
Wesley Apartments - Senior Living Community
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Total Monthly Price
Bramblewood Apartments

Total Monthly Price
Rivermont Park

Huntingwood Apartments

Total Monthly Price
Princeton Circle West Apartments

Midtown on 12th

Church Street Townhomes
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

500 Euclid Avenue

381 Main St

105 Williams Rd

117 Williams Rd

113 Williams Rd

115 Williams Rd
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Holland House

209 Clark St

912 Floyd St

313 Wadsworth St

Midpoint Apartments

Lakeside Plaza Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Midtown Lofts

1112 Bedford Ave
Amherst, VA Local Guide

How much does it cost to rent an apartment in Amherst?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Amherst Studio Apartments | $949 | $790 | $1,395 |
| Amherst 1 Bedroom Apartments | $1,200 | $679 | $2,237 |
| Amherst 2 Bedroom Apartments | $1,313 | $651 | $2,370 |
| Amherst 3 Bedroom Apartments | $1,556 | $740 | $3,601 |
| Amherst 4 Bedroom Apartments | $2,403 | $1,740 | $3,280 |
Browse Top Apartments in Amherst
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Amherst, VA Local Guide
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Cheapest Available Amherst Apartments for Rent and Nearby
 The cheapest available apartment rental in Amherst, VA is a 2 Beds unit found at Jobbers Overall in the Montview neighborhood priced from $651. Miller's Rest Apartments in the Wyndhurst neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $679. Here is today’s list of the most affordable Amherst apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jobbers Overall | 2 Bed | 2BR,2BA | $651 |
| Miller's Rest Apartments | Rhine | 1BR,1BA | $679 |
| Elora Gardens Lynchburg | 1 Bedroom | 1BR,1BA | $696 |
| The Timbers | 1 Bedroom, 1 Bathroom | 1BR,1BA | $714 |
| Wesley Apartments - Senior Living Community | Studio (Stair Access) | Studio,1BA | $790 |
| Bramblewood Apartments | 2BR/1.0BA | 2BR,1BA | $849 |
| Rivermont Park | Studio | Studio,1BA | $859 |
| Huntingwood Apartments | 1 bd | 1BR,1BA | $895 |
| Midtown on 12th | Studio | Studio,1BA | $895 |
| Church Street Townhomes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $895 |
Best Value Apartments for Rent in Amherst, VA and Nearby
As of April 22, 2026 the best value apartment in the Amherst area is the $0.81 price per square foot 2BR/2.0BA Model at River Lofts West in the in the College Hill neighborhood starting from $1,445. The second greatest value Amherst apartment is the 3 Bedrooms 2 Bath Model at Logans Landing starting at $1,496 with a $1.03 price per square foot in the Wyndhurst neighborhood. Here is today’s list of the best values for Amherst apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| River Lofts West | 2BR/2.0BA | 2BR,2BA | $0.81 |
| Logans Landing | 3 Bedrooms 2 Bath | 3BR,2BA | $1.03 |
| The Reserve - All Inclusive Student Community | 3 Bedroom - All Inclusive | 3BR,3.5BA | $0.54 |
| Kendall Square | 3 Bed/ 2 Bath | 3BR,2BA | $1.01 |
| County Green Apartment Homes | 3 Beds, 2 baths | 3BR,2BA | $1.00 |
| Ivy Creek Apartments | 3BR/1.5BA | 3BR,1.5BA | $0.83 |
| Piedmont Flour Mill Lofts | One Bedroom | 1BR,1BA | $0.92 |
| Forestbrook Apartments | 3 Bed/ 2 Bath with Den | 3BR,2BA | $1.02 |
| Miller's Rest Apartments | Pritchell | 2BR,2BA | $0.85 |
| Jobbers Overall | 2 Bed | 2BR,2BA | $0.72 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Best Local Schools in Amherst, VA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Amherst, VA Rentals by Map
See the most popular apartments and homes in Amherst, VA
Frequently Asked Questions about Cheap Amherst Apartments
What is the Cheapest Studio apartment in Amherst?
Currently the most affordable Cheap Studio Apartment in Amherst is at Wesley Apartments - Senior Living Community listed at $790.
How much is rent for a Cheap One Bedroom Amherst Apartment?
The lowest price for a Cheap One Bedroom Amherst Apartment is $679 at Miller's Rest Apartments.
What is the lowest price for a Cheap Two Bedroom Amherst Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Amherst is starting from $651 at Jobbers Overall.
What is the most affordable Amherst Three Bedroom Apartment?
The best deal on a cheap Amherst Three Bedroom Apartment rental is at Jobbers Overall and starts from $740.
Expert Rental Resources
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.
Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.