Cheap Apartments for Rent near Long Island, VA from $500 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in Long Island.

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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
  • Verified
  • Utilities Included
  • Low Income
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Timber East Apartments
$815 - $1,280
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$785 - $1,250
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Contact Us For Availability

Timber East Apartments

119 Shrader LnLynchburg, VA 24502
Affordability
  • Verified
  • Utilities Included
  • 3D Tour

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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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
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1 Element
$920 - $1,292
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$878 - $1,250
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Contact Us For Availability

1 Element

22 Apala CirLynchburg, VA 24502
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Walden Pond Apartment Homes
Rent Specials
$932 - $2,611
Total Monthly Price

Total Monthly Price

Base Rent
$925 - $2,604
Required Monthly Fees
$7

Total Monthly Price
$932 - $2,611
1 to 3 Bedroom Apartments Available Now

Walden Pond Apartment Homes

1400 Weeping Willow DrLynchburg, VA 24501
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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Imperial Tobacco Lofts
$949
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850
Required Monthly Fees
$99

Total Monthly Price
$949
1 Bedroom Apartments Contact Us For Availability

Imperial Tobacco Lofts

1220 Commerce StLynchburg, VA 24504
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
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Holland House
1 to 2 Bedroom Apartments

Holland House

3710 Fort AveLynchburg, VA 24501
  • Utilities Included
property at 57 Torrence Ct

$695

Total Monthly Price

Total Monthly Price

Base Rent
$695

Total Monthly Price
$695

2 Bedroom, 1 Bath Home for Rent

Available Now

57 Torrence Ct

BrooknealVA24528
property at 823 Main St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

2 Bedroom, 1 Bath Home for Rent

Available Now

823 Main St

AltavistaVA24517

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 47 Bonnydale Ln

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

2 Bedroom, 1 Bath Home for Rent

Available Now

47 Bonnydale Ln

ConcordVA24538
property at 7075 Colonial Hwy

$825

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825

2 Bedroom, 1 Bath Home for Rent

Available Now

7075 Colonial Hwy

EvingtonVA24550
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Midtown Lofts
1 to 2 Bedroom Apartments

Midtown Lofts

2734 Fort AveLynchburg, VA 24501
  • Utilities Included
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Ivy Ridge
2 to 3 Bedroom Apartments

Ivy Ridge

1609 McVeigh RdLynchburg, VA 24502
  • Utilities Included
property at 27 Bonnydale Ln

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

3 Bedroom, 1 Bath Home for Rent

Available Now

27 Bonnydale Ln

ConcordVA24538
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1701 12th Street
Studio to 1 Bedroom Apartments

1701 12th Street

1701 12th StLynchburg, VA 24501
  • Utilities Included

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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723 Jefferson Street
1 Bedroom Apartments

723 Jefferson Street

723 Jefferson StreetLynchburg, VA 24504
  • Utilities Included
property at 417-419 Novelty St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

3 Bedroom, 1 Bath Townhome for Rent

Available Now

417-419 Novelty St

AltavistaVA24517

Long Island, VA Local Guide

Cheapest Available Long Island Apartments for Rent and Nearby

 

The cheapest available apartment rental in Long Island, 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 Long Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Miller's Rest ApartmentsRhine1BR,1BA$684
Wesley Apartments - Senior Living CommunityStudio (UFAS/Accesible)Studio,1BA$790
Daniel Hill Apartments2 Bed 1 Bath2BR,1BA$820
BeechwoodLarge 1 Bed/ 1 Bath1BR,1BA$845
500 Euclid Avenue5001BR,1BA$895
1701 12th Street1701 12th Street - 204Studio,1BA$925
Walden Pond Apartment Homes1 Bedroom1BR,1BA$932
Park Place Apartments2BR/2BA2BR,2BA$995
Church Street Townhomes2 Bedroom, 1 Bathroom2BR,1BA$995
County Green Apartment Homes2 Beds, 1.5 baths2BR,1BA$1,035

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

As of July 27, 2026 the best value apartment in the Long Island area is the $1.05 price per square foot 3BR 2.5BA Model at 100 Independence Ln in the in the Wyndhurst neighborhood starting from $1,895. The second greatest value Long Island apartment is the 4BR/2BA-Livingston Model at The Gables of Spring Creek starting at $1,750 with a $1.04 price per square foot in the Wyndhurst neighborhood. Here is today’s list of the best values for Long Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
100 Independence Ln3BR 2.5BA3BR,2.5BA$1.05
The Gables of Spring Creek4BR/2BA-Livingston4BR,2BA$1.04
Kendall Square3 Bed/ 2 Bath3BR,2BA$0.97
Cornerstone Lofts2 Bed 2 Bath2BR,2BA$1.04
County Green Apartment Homes3 Beds, 2 baths3BR,2BA$1.00
Park Place Apartments3BR/Den3BR,2BA$1.03
Forestbrook Apartments3 Bed/ 2 Bath3BR,2BA$1.01
Grand VistasDogwood1BR,1BA$1.09
Miller's Rest ApartmentsPritchell2BR,2BA$0.85
Daniel Hill Apartments2 Bed 1 Bath2BR,1BA$1.03

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 Long Island Apartments

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

The lowest price for a Cheap One Bedroom Long Island Apartment is $684 at Miller's Rest Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Long Island is starting from $808 at Miller's Rest Apartments.

What is the most affordable Long Island Three Bedroom Apartment?

The best deal on a cheap Long Island Three Bedroom Apartment rental is at Miller's Rest Apartments and starts from $930.

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.