
Cheap Apartments for Rent near Lynchburg, SC from $500 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Lynchburg.


The Flats at 915

Bracey Square

Magnolia Manor

Palmetto Gardens and Willwood Gardens

Cambridge Apartments of Florence

Deerfield Run Apartments

Four Oaks Apartments

Forest Lake Apartments
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.

South Parker Commons

Total Monthly Price
Oaks at Florence

Sage Pointe Apartments

Hunters Glen

Palmetto Pointe Apartments

Sedgefield

Dillon Trace Apartments

Archdale
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.

Total Monthly Price
Bentree Apartments

Preston Oaks

Brittany Place

Total Monthly Price
Landmark Woods Apartment Homes

Charles Pointe Apartments

Somersett Acres

Companion at Carter Mill Apartments

The Grove Luxury Townhomes

Waterchase Apartment Homes
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.

Woodlake Apartments

Carolina Crossings Apartments

18 Carrol Dr

2228 Woodridge Ln

Pace Magnolia

730 S Dargan St

Florence Flats Apartment Homes

603 Aster Bend

508 Blakley Dr
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.

523 Colonial Dr

Waterforde Place Apartments

6675 County Rd 43-49

701 Coventry Ln

Stroud Townhomes

1177 Waxwing Dr

1313 E Lydia Hwy

3552 Texas Rd

16 Wilson 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.
Lynchburg, SC Local Guide

How much does it cost to rent an apartment in Lynchburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lynchburg Studio Apartments | $795 | $695 | $895 |
| Lynchburg 1 Bedroom Apartments | $1,334 | $759 | $2,080 |
| Lynchburg 2 Bedroom Apartments | $1,540 | $849 | $2,735 |
| Lynchburg 3 Bedroom Apartments | $1,504 | $971 | $2,765 |
| Lynchburg 4 Bedroom Apartments | $1,236 | $1,236 | $1,236 |
Browse Top Apartments in Lynchburg
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Lynchburg, SC Local Guide
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Cheapest Available Lynchburg Apartments for Rent and Nearby
 The cheapest available apartment rental in Lynchburg, SC is a Studio unit found at The Ridges at Florence priced from $595. Bracey Square has the second lowest priced unit, which is a 2 Beds apartment currently listed from $849. Here is today’s list of the most affordable Lynchburg apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Ridges at Florence | Parkside | Studio,1BA | $595 |
| Bracey Square | 2 Bed/1 Bath | 2BR,1BA | $849 |
| Palmetto Gardens and Willwood Gardens | Studio Apartment | Studio,1BA | $895 |
| Cambridge Apartments of Florence | 2 Beds, 2 Baths | 2BR,2BA | $925 |
| Four Oaks Apartments | 2 Beds, 2 baths | 2BR,2BA | $925 |
| Deerfield Run Apartments | 2 Beds, 2 baths | 2BR,2BA | $925 |
| Forest Lake Apartments | 2 Beds, 2 baths | 2BR,2BA | $950 |
| South Parker Commons | A | 2BR,2BA | $950 |
| 403 S Thomas Rd | 1 Beds, 1 Baths | 1BR,1BA | $950 |
| Sage Pointe Apartments | 2 Beds, 2 baths | 2BR,2BA | $975 |
Best Value Apartments for Rent in Lynchburg, SC and Nearby
As of July 26, 2026 the best value apartment in the Lynchburg area is the $0.98 price per square foot 2 Bed / 2 Bath - Renovated Model at Basswood Apartment Homes in the starting from $1,320. The second greatest value Lynchburg apartment is the 3 Beds, 2 baths Model at Sage Pointe Apartments starting at $1,175 with a $0.98 price per square foot . Here is today’s list of the best values for Lynchburg apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Basswood Apartment Homes | 2 Bed / 2 Bath - Renovated | 2BR,2BA | $0.98 |
| Sage Pointe Apartments | 3 Beds, 2 baths | 3BR,2BA | $0.98 |
| Dillon Trace Apartments | 2 Beds, 2 baths | 2BR,2BA | $0.88 |
| Hunters Glen | 2 Bedroom 2 Bath | 2BR,2BA | $0.91 |
| Cambridge Apartments of Florence | 2 Beds, 2 Baths | 2BR,2BA | $0.89 |
| South Parker Commons | A | 2BR,2BA | $0.92 |
| Forest Lake Apartments | 2 Beds, 2 baths | 2BR,2BA | $0.95 |
| Four Oaks Apartments | 2 Beds, 2 baths | 2BR,2BA | $0.93 |
| Deerfield Run Apartments | 2 Beds, 2 baths | 2BR,2BA | $0.93 |
| Bracey Square | 2 Bed/1 Bath | 2BR,1BA | $1.01 |
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 ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lynchburg, SC Rentals by Map
See the most popular apartments and homes in Lynchburg, SC
Frequently Asked Questions about Cheap Lynchburg Apartments
What is the Cheapest Studio apartment in Lynchburg?
Currently the most affordable Cheap Studio Apartment in Lynchburg is at The Ridges at Florence listed at $595.
How much is rent for a Cheap One Bedroom Lynchburg Apartment?
The lowest price for a Cheap One Bedroom Lynchburg Apartment is $895 at The Ridges at Florence.
What is the lowest price for a Cheap Two Bedroom Lynchburg Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lynchburg is starting from $849 at Bracey Square.
What is the most affordable Lynchburg Three Bedroom Apartment?
The best deal on a cheap Lynchburg Three Bedroom Apartment rental is at Bracey Square and starts from $971.
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

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.

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.

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.

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.
