Cheap Apartments for Rent in Amherst, VA from $500 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in Amherst.

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Rutledge Hills
1 to 3 Bedroom Apartments

Rutledge Hills

122 Dulwich DrAmherst, VA 24521
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Amherst Village
1 Bedroom Apartments

Amherst Village

111 Newington DrAmherst, VA 24521
Senior Living
  • Utilities Included

Don'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.

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Holland House
1 to 2 Bedroom Apartments

Holland House

3710 Fort AveLynchburg, VA 24501
  • Utilities Included

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.

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.

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Midtown Lofts
1 to 2 Bedroom Apartments

Midtown Lofts

2734 Fort AveLynchburg, VA 24501
  • Utilities Included
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Midtown on 12th
Studio to 1 Bedroom Apartments

Midtown on 12th

1701 12th StLynchburg, VA 24501
  • Utilities Included

Amherst, VA Local Guide

Cheapest Available Amherst Apartments for Rent and Nearby

 

The cheapest available apartment rental in Amherst, VA is a 1 Bed unit found at Elora Gardens Lynchburg in the Tate Springs neighborhood priced from $696. Bramblewood Apartments in the Tate Springs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $799. Here is today’s list of the most affordable Amherst apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elora Gardens Lynchburg1 Bedroom1BR,1BA$696
Bramblewood Apartments2BR/1.0BA2BR,1BA$799
Huntingwood Apartments1 Bed, 1 bath1BR,1BA$850
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$859
County Green Apartment Homes1 Bed, 1 bath1BR,1BA$875

Best Value Apartments for Rent in Amherst, VA and Nearby

As of October 14, 2025 the best value apartment in the Amherst area is the $0.72 price per square foot 2BR/2.0BA Model at River Lofts West in the in the College Hill neighborhood starting from $1,290. The second greatest value Amherst apartment is the 3 Bedroom - All Inclusive Model at The Reserve -All Utilities Included&Furnished starting at $825 with a $0.58 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 ListingModel NameBed/BathPrice Per Sq.Ft.
River Lofts West2BR/2.0BA2BR,2BA$0.72
The Reserve -All Utilities Included&Furnished3 Bedroom - All Inclusive3BR,3.5BA$0.58
Kendall Square3 Bed/ 2 Bath3BR,2BA$0.98
Gish Flats1x11BR,1BA$0.92
Ivy Creek Apartments3BR/1.5BA3BR,1.5BA$0.79
Forestbrook Apartments3 Bed/ 2 Bath3BR,2BA$0.92
Mill's Crossing22BR,2BA$0.95
Princeton Circle West ApartmentsColonial2BR,1BA$0.97
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$0.98
Bramblewood Apartments2BR/1.0BA2BR,1BA$1.00

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Pet Friendly Lifestyle
Amherst, VA

Ranked #309

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Amherst, VA Rentals by Map

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Getting Around Amherst, VA

Walk Score®

19 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

12 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Amherst Apartments

How much is rent for a Cheap One Bedroom Amherst Apartment?

The lowest price for a Cheap One Bedroom Amherst Apartment is $696 at Elora Gardens Lynchburg.

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 $799 at Bramblewood Apartments.

What is the most affordable Amherst Three Bedroom Apartment?

The best deal on a cheap Amherst Three Bedroom Apartment rental is at Ivy Creek Apartments and starts from $949.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.