Cheap Apartments for Rent in Big Island, VA from $500 (18 Rentals)

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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
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Beechwood
$820 - $1,030
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$820 - $1,030

Total Monthly Price
$820 - $1,030
1 to 2 Bedroom Apartments Available Now

Beechwood

549 Beechwood DrLynchburg, VA 24502
Affordability
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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.

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Bramblewood Apartments
$849 - $1,064
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$849 - $1,064

Total Monthly Price
$849 - $1,064
2 to 3 Bedroom Apartments Available Now

Bramblewood Apartments

3300 Old Forest RdLynchburg, VA 24501
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  • 3D Tour
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Rivermont Park
$859 - $1,109
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$749 - $999
Required Monthly Fees
$110

Total Monthly Price
$859 - $1,109
Studio to 2 Bedroom Apartments Available Now

Rivermont Park

2935 Rivermont AveLynchburg, VA 24503
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Midtown on 12th
$895 - $995
Total Monthly Price

Total Monthly Price

Base Rent
$895 - $995

Total Monthly Price
$895 - $995
Studio to 1 Bedroom Apartments Available Now

Midtown on 12th

1701 12th StLynchburg, VA 24501
Affordability
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Holland House
1 to 2 Bedroom Apartments

Holland House

3710 Fort AveLynchburg, VA 24501
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 268 Crescent Ln

$700

Total Monthly Price4 Month Lease Term

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

2 Bedroom, 1 Bath Townhome for Rent

Available Now

268 Crescent Ln

MonroeVA24574
property at 129 W Vail Ct

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

1 Bedroom, 1 Bath Townhome for Rent

Available Apr 1

129 W Vail Ct

Madison HeightsVA24572
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
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Midtown Lofts
1 to 2 Bedroom Apartments

Midtown Lofts

2734 Fort AveLynchburg, VA 24501
  • Utilities Included

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.

Big Island, VA Local Guide

Cheapest Available Big Island Apartments for Rent and Nearby

 

The cheapest available apartment rental in Big Island, VA is a 1 Bed unit found at Elora Gardens Lynchburg in the Tate Springs neighborhood priced from $696. Hillcrest Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Big Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elora Gardens Lynchburg1 Bedroom1BR,1BA$696
Hillcrest Manor Apartments1br1BR,1BA$700
Beechwood1 Bed/ 1 Bath1BR,1BA$820
Midtown on 12thStudioStudio,1BA$895
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$914

Best Value Apartments for Rent in Big Island, VA and Nearby

As of March 22, 2026 the best value apartment in the Big Island area is the $1.15 price per square foot 128 Brenleigh 3bed Model at 128 Brenleigh Ct in the in the Montview neighborhood starting from $1,695. The second greatest value Big Island apartment is the 3 Bed/ 2 Bath Model at Kendall Square starting at $1,430 with a $1.01 price per square foot in the Wyndhurst neighborhood. Here is today’s list of the best values for Big Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
128 Brenleigh Ct128 Brenleigh 3bed3BR,2BA$1.15
Kendall Square3 Bed/ 2 Bath3BR,2BA$1.01
Ivy Creek Apartments3BR/1.5BA3BR,1.5BA$0.83
Forestbrook Apartments3 Bed/ 2 Bath with Den3BR,2BA$1.02
Huntingwood Apartments2 bd2BR,1BA$1.05
Bramblewood Apartments3BR/1.0BA3BR,1BA$1.11
317 Grove St317 Grove St2BR,1BA$1.14
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$1.04
Midtown on 12thStudioStudio ,1BA$1.07
Hillcrest Manor Apartments1br1BR,1BA$1.08

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.

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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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The 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.

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Cash 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.

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

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Frequently Asked Questions about Cheap Big Island Apartments

What is the Cheapest Studio apartment in Big Island?

Currently the most affordable Cheap Studio Apartment in Big Island is at Midtown on 12th listed at $895.

How much is rent for a Cheap One Bedroom Big Island Apartment?

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

What is the lowest price for a Cheap Two Bedroom Big Island Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Big Island is starting from $765 at Hillcrest Manor Apartments.

What is the most affordable Big Island Three Bedroom Apartment?

The best deal on a cheap Big Island Three Bedroom Apartment rental is at Bramblewood Apartments and starts from $999.

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

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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.

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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.

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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.

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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.