Cheap Homes for Rent in Amherst, VA from $500 (11 Rentals)

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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.

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.

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 The Timbers priced from $659. Elora Gardens Lynchburg in the Tate Springs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $696. Here is today’s list of the most affordable Amherst apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Timbers1 Bedroom, 1 Bathroom1BR,1BA$659
Elora Gardens Lynchburg1 Bedroom Medium1BR,1BA$696
Bramblewood Apartments2BR/1.0BA2BR,1BA$800
Miller's Rest ApartmentsPritchell2BR,2BA$803
Wesley Apartments - Senior Living CommunityStudio (Stair or Ramp Access)Studio,1BA$820

Best Value Apartments for Rent in Amherst, VA and Nearby

As of June 05, 2025 the best value apartment in the Amherst area is the $0.83 price per square foot 3BR/1.5BA Model at Ivy Creek Apartments in the starting from $999. The second greatest value Amherst apartment is the One Bedroom Model at Piedmont Flour Mill Lofts starting at $1,206 with a $1.01 price per square foot in the Tate Springs 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.
Ivy Creek Apartments3BR/1.5BA3BR,1.5BA$0.83
Piedmont Flour Mill LoftsOne Bedroom1BR,1BA$1.01
Forestbrook Apartments3 Bed/ 2 Bath with Den3BR,2BA$0.92
Park Place Apartments3BR/2BA Renovated3BR,2BA$1.16
Miller's Rest ApartmentsPritchell2BR,2BA$0.85
Legacy at Linden ParkThe Hillsborough1BR,1BA$1.19
Bramblewood Apartments2BR/1.0BA2BR,1BA$1.00
County Green Apartment Homes1 Bed, 1 bath1BR,1BA$1.15
Midtown Lofts1 Bed 1 Bath1BR,1BA$1.19
Princeton Circle West ApartmentsContemporary1BR,1BA$1.19

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Frequently Asked Questions about Amherst

What type of rentals are currently available in Amherst?

There are currently 53 Apartments for Rent in Amherst, VA with pricing that ranges from $679 to $2,398. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Amherst ranging from $525 to $4,299.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Amherst ranges from $525 to $4,299 with an average monthly rent of $1,216.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.