
Cheap Homes for Rent in Amherst, VA from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Amherst.


912 Floyd St

2461 Rivermont Ave

4 Adele St

218 Warwick Ln

922 Floyd St
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.

68 Monroe St

726 Wright Shop Rd

187 Loch Ln

1106 9th St

1609 Rivermont Ave

901 Fifth St
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.

820 Rivermont Ave
Amherst, VA Local Guide

How much does it cost to rent a home in Amherst?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Amherst 2 Bedroom Homes for Rent | $1,081 | $795 | $1,300 |
| Amherst 3 Bedroom Homes for Rent | $1,654 | $850 | $3,495 |
| Amherst 4 Bedroom Homes for Rent | $1,897 | $1,800 | $1,995 |
| Amherst 5 Bedroom Homes for Rent | $1,595 | $1,595 | $1,595 |
Browse Top Homes for Rent 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 1 Bed unit found at Elora Gardens Lynchburg in the Tate Springs neighborhood priced from $696. Imperial Tobacco Lofts in the College Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Amherst apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elora Gardens Lynchburg | 1 Bedroom | 1BR,1BA | $696 |
| Imperial Tobacco Lofts | 1BR/1.0BA | 1BR,1BA | $800 |
| Walden Pond Apartment Homes | 1 Bedroom | 1BR,1BA | $805 |
| The Timbers | 2 Bedroom, 1 Bathroom | 2BR,1BA | $859 |
| Bramblewood Apartments | 2BR/1.0BA | 2BR,1BA | $864 |
Best Value Apartments for Rent in Amherst, VA and Nearby
As of January 27, 2026 the best value apartment in the Amherst area is the $1.16 price per square foot 3 Bed 2.5 Bath Model at The Modern in the in the Wyndhurst neighborhood starting from $2,000. The second greatest value Amherst apartment is the 4 BR 1.5 Bath Model at 1325-1331 Ruffner Pl starting at $1,495 with a $0.97 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Modern | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.16 |
| 1325-1331 Ruffner Pl | 4 BR 1.5 Bath | 4BR,1.5BA | $0.97 |
| 128 Brenleigh Ct | 128 Brenleigh 3bed | 3BR,2BA | $1.15 |
| The Reserve -All Utilities Included&Furnished | 3 Bedroom - All Inclusive | 3BR,3.5BA | $0.58 |
| Kendall Square | 3 Bed/ 2 Bath | 3BR,2BA | $1.01 |
| Holly Run Apartments | Breezewood | 2BR,1.5BA | $0.88 |
| Ivy Creek Apartments | 3BR/1.5BA | 3BR,1.5BA | $0.87 |
| Forestbrook Apartments | 3 Bed/ 2 Bath | 3BR,2BA | $0.98 |
| Bramblewood Apartments | 3BR/1.0BA | 3BR,1BA | $1.13 |
| The Timbers | 2 Bedroom, 1 Bathroom | 2BR,1BA | $0.98 |
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.
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
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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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Amherst, VA
Frequently Asked Questions about Amherst
What type of rentals are currently available in Amherst?
There are currently 63 Apartments for Rent in Amherst, VA with pricing that ranges from $659 to $3,415. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Amherst ranging from $750 to $3,495.
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 $750 to $3,495 with an average monthly rent of $1,460.
How much are larger Three and Four Bedroom Rentals in Amherst?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Amherst range from $1,014 to $3,415, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $3,495. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,495.
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.