Cheap Apartments for Rent in Amherst, VA from $500 (29 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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Miller's Rest Apartments
$684 - $1,141
Total Monthly Price

Total Monthly Price

Base Rent
$679 - $1,136
Required Monthly Fees
$5

Total Monthly Price
$684 - $1,141
1 to 3 Bedroom Apartments Available Now

Miller's Rest Apartments

6125 Old Mill RdLynchburg, VA 24502
Affordability
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  • Utilities Included
  • Low Income
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The Timbers
$714 - $1,014
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$659 - $959
Required Monthly Fees
$55

Total Monthly Price
$714 - $1,014
1 to 2 Bedroom Apartments Available Now

The Timbers

2 Timber CtLynchburg, VA 24501
Affordability
  • Verified
  • Customer Reviewed
  • Smoke Free
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Rivermont Park
Rent Specials
$784 - $1,034
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$749 - $999
Required Monthly Fees
$35

Total Monthly Price
$784 - $1,034
Studio to 2 Bedroom Apartments Available Now

Rivermont Park

2935 Rivermont AveLynchburg, VA 24503
Affordability
  • Verified
  • Customer Reviewed
  • Smoke Free

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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McCausland Ridge
Rent Specials
$845
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$845

Total Monthly Price
$845
2 Bedroom Apartments Contact Us For Availability

McCausland Ridge

2075 Langhorne RdLynchburg, VA 24501
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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Bramblewood Apartments
$845 - $900
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$845 - $900

Total Monthly Price
$845 - $900
2 to 3 Bedroom Apartments Available Now

Bramblewood Apartments

3300 Old Forest RdLynchburg, VA 24501
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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Jobbers Overall
$864 - $996
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$864 - $996

Total Monthly Price
$864 - $996
2 to 3 Bedroom Apartments Contact Us For Availability

Jobbers Overall

1501 Kemper StLynchburg, VA 24501
Affordability
  • Verified
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 381 Main St

$480

Total Monthly Price24 Month Lease Term

Total Monthly Price

Base Rent
$480

Total Monthly Price
$480

4 Bedroom, 2 Bath Home for Rent

Available Aug 3

381 Main St

Madison HeightsVA24572
property at 103 Williams Rd

$535

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$535

Total Monthly Price
$535

1 Bedroom, 1 Bath Townhome for Rent

Available Aug 9

103 Williams Rd

Madison HeightsVA24572
property at 117 Williams Rd

$535

Total Monthly Price

Total Monthly Price

Base Rent
$535

Total Monthly Price
$535

5 Bedroom, 5 Bath Townhome for Rent

Available Aug 7

117 Williams Rd

Madison HeightsVA24572
property at 105 Williams Rd

$535

Total Monthly Price

Total Monthly Price

Base Rent
$535

Total Monthly Price
$535

5 Bedroom, 5 Bath Townhome for Rent

Available Now

105 Williams Rd

Madison HeightsVA24572
property at 107 Williams Rd

$535

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$535

Total Monthly Price
$535

1 Bedroom, 1 Bath Townhome for Rent

Available Aug 1

107 Williams Rd

Madison HeightsVA24572
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Holland House
1 to 2 Bedroom Apartments

Holland House

3710 Fort AveLynchburg, VA 24501
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 209 Clark St

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

3 Bedroom, 2 Bath Home for Rent

Available Aug 1

209 Clark St

Madison HeightsVA24572
property at 155 Pomona Dr

$785

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$785

Total Monthly Price
$785

2 Bedroom, 1 Bath Home for Rent

Available Now

155 Pomona Dr

Madison HeightsVA24572
property at 912 Floyd St

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

2 Bedroom, 1 Bath Condo for Rent

Available Now

912 Floyd St

LynchburgVA24501
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River Lofts West
Studio to 2 Bedroom Apartments

River Lofts West

920-926 Commerce StLynchburg, VA 24504
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Midtown Lofts
1 to 2 Bedroom Apartments

Midtown Lofts

2734 Fort AveLynchburg, VA 24501
  • Utilities Included
property at 1112 Bedford Ave

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

1 Bedroom, 1 Bath Condo for Rent

Available Now

1112 Bedford Ave

LynchburgVA24504

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.

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Midpoint
1 to 2 Bedroom Apartments

Midpoint

1101 Jefferson StLynchburg, VA 24504

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 Miller's Rest Apartments in the Wyndhurst neighborhood priced from $684. Wesley Apartments - Senior Living Community in the Wyndhurst neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $790. Here is today’s list of the most affordable Amherst apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Miller's Rest ApartmentsRhine1BR,1BA$684
Wesley Apartments - Senior Living CommunityStudio (UFAS/Accesible)Studio,1BA$790
Bramblewood Apartments2BR/1.0BA2BR,1BA$845
Elora Gardens Lynchburg1 Bedroom1BR,1BA$854
Huntingwood Apartments1 bd1BR,1BA$895
500 Euclid Avenue5001BR,1BA$895
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$914
1701 12th Street1701 12th Street - 204Studio,1BA$925
Church Street Townhomes2 Bedroom, 1 Bathroom2BR,1BA$995
Park Place Apartments2BR/2BA2BR,2BA$995

Best Value Apartments for Rent in Amherst, VA and Nearby

As of July 24, 2026 the best value apartment in the Amherst area is the $0.97 price per square foot 3 Bed/ 2 Bath Model at Kendall Square in the in the Wyndhurst neighborhood starting from $1,375. The second greatest value Amherst apartment is the 3 Bed/2 Bath Type 1 Model at Town Center Apartments starting at $1,650 with a $1.22 price per square foot . 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.
Kendall Square3 Bed/ 2 Bath3BR,2BA$0.97
Town Center Apartments3 Bed/2 Bath Type 13BR,2BA$1.22
Logans Landing2 Bedrooms 2 Bath w/Sunroom2BR,2BA$1.17
County Green Apartment Homes3 Beds, 2 baths3BR,2BA$1.00
Walden Pond Apartment Homes3 Bedroom3BR,2BA$1.26
Park Place Apartments3BR/Den3BR,2BA$1.03
Forestbrook Apartments3 Bed/ 2 Bath3BR,2BA$1.01
Miller's Rest ApartmentsPritchell2BR,2BA$0.85
Church Street Townhomes2 Bedroom, 1 Bathroom2BR,1BA$1.24
Bramblewood Apartments2BR/1.0BA2BR,1BA$1.06

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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

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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 $684 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 $808 at Miller's Rest Apartments.

What is the most affordable Amherst Three Bedroom Apartment?

The best deal on a cheap Amherst Three Bedroom Apartment rental is at Bramblewood Apartments and starts from $880.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.