Cheap Homes for Rent in Big Island, VA from $700 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in Big Island.

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
property at 313 Wadsworth St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

Studio, 1 Bath Home for Rent

Available Now

313 Wadsworth St

LynchburgVA24501
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
property at 1218 Shirley Rd

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

2 Bedroom, 1 Bath Home for Rent

Available May 5

1218 Shirley Rd

LynchburgVA24502
property at 110 Langhorne Ln

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Townhome for Rent

Available Now

110 Langhorne Ln

LynchburgVA24501

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.

property at 42 Countryplace Ln

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1.5 Bath Townhome for Rent

Available May 5

42 Countryplace Ln

LynchburgVA24501
property at 216 Kenyon St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1 Bath Condo for Rent

Available Now

216 Kenyon St

LynchburgVA24501
property at 1266 Oak Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

1266 Oak Ave

Buena VistaVA24416
property at 89 Countryplace Ln

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

2 Bedroom, 1.5 Bath Townhome for Rent

Available Jun 5

89 Countryplace Ln

LynchburgVA24501
property at 1810 Ozone Ct

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Condo for Rent

Available Now

1810 Ozone Ct

LynchburgVA24503

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.

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 McCausland Ridge in the Tate Springs neighborhood priced from $650. Miller's Rest Apartments in the Wyndhurst neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $684. Here is today’s list of the most affordable Big Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McCausland Ridge1BR/1.0BA1BR,1BA$650
Miller's Rest ApartmentsRhine1BR,1BA$684
Elora Gardens Lynchburg1 Bedroom1BR,1BA$696

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

As of April 28, 2026 the best value apartment in the Big Island area is the $1.01 price per square foot 3 Bed/ 2 Bath Model at Kendall Square in the in the Wyndhurst neighborhood starting from $1,430. The second greatest value Big Island apartment is the 3 Beds, 2 baths Model at County Green Apartment Homes starting at $1,295 with a $1.00 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.
Kendall Square3 Bed/ 2 Bath3BR,2BA$1.01
County Green Apartment Homes3 Beds, 2 baths3BR,2BA$1.00
Ivy Creek Apartments3BR/1.5BA3BR,1.5BA$0.83
Forestbrook Apartments3 Bed/ 2 Bath with Den3BR,2BA$1.02
Miller's Rest ApartmentsPritchell2BR,2BA$0.85
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$1.04
McCausland Ridge2BR/1.0BA2BR,1BA$0.94
Midtown on 12thStudioStudio ,1BA$1.07
Dumont Apartments2BR/1.0BA2BR,1BA$0.90
Bramblewood Apartments2BR/1.0BA2BR,1BA$1.06

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.

Read Article
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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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Quick Rent Budget Calculator

How much rent can you afford?

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.

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

Explore Big Island, VA Rentals by Map

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Frequently Asked Questions about Big Island

What type of rentals are currently available in Big Island?

There are currently 57 Apartments for Rent in Big Island, VA with pricing that ranges from $650 to $3,668. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Big Island ranging from $795 to $2,700.

What is the current price range for Rental Homes in Big Island?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Big Island ranges from $795 to $2,700 with an average monthly rent of $1,480.

How much are larger Three and Four Bedroom Rentals in Big Island?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Big Island range from $930 to $3,668, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,175 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $1,740.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.