Cheap Apartments for Rent in Lynchburg, VA from $300 (69 Rentals)

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

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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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.

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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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Holland House
1 to 2 Bedroom Apartments

Holland House

3710 Fort AveLynchburg, VA 24501
  • Utilities Included
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Timber Ridge
1 to 3 Bedroom Apartments

Timber Ridge

7500 Timberlake RdLynchburg, VA 24502

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.

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Montvue Apartments
2 to 4 Bedroom Apartments

Montvue Apartments

1220 Moseley DrLynchburg, VA 24502
  • Utilities Included
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Nottingham
1 to 2 Bedroom Apartments

Nottingham

3463 Fort AveLynchburg, VA 24501
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Cliffs Edge Lofts
Studio to 2 Bedroom Apartments

Cliffs Edge Lofts

612 Commerce StLynchburg, VA 24504
  • Utilities Included
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New London Apartments
1 to 2 Bedroom Apartments

New London Apartments

9 Turkey Foot RdLynchburg, VA 24502
  • Utilities Included
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503 Church St
1 Bedroom Apartments

503 Church St

503 Church StLynchburg, VA 24504
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Woodbine, LLC
1 to 2 Bedroom Apartments

Woodbine, LLC

1424 Tunbridge RdLynchburg, VA 24501
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Lynchburg, VA Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Lynchburg, VA

Pricing Updated: 12/12/2025

Current apartment rentals in the Lynchburg, VA area range in price from $645 to $3,840 with an overall median price of $2,591. The three Lynchburg neighborhoods with the lowest median rent pricing are Cornerstone at $780, Wyndhurst at $770, and Sandusky at $659. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lynchburg Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Cornerstone$1,644$780158
Wyndhurst$1,644$770201
Sandusky$1,742$659172
Fort Hill$2,769$659115
Montview$2,769$77538
College Hill$2,820$64541
Dearington$2,820$64574
Downtown Lynchburg$2,820$64538
Rivermont$2,820$64599
Tate Springs$2,820$64589

Cheapest Available Lynchburg Apartments for Rent

 

The cheapest available apartment rental in Lynchburg, VA is a 1 Bed unit found at Elora Gardens Lynchburg in the Tate Springs neighborhood priced from $696. Cardinal's Crest Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. Here is today’s list of the most affordable Lynchburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elora Gardens Lynchburg1 Bedroom1BR,1BA$696
Cardinal's Crest Apartments1 Bedroom1BR,1BA$770
Beechwood1 Bed/ 1 Bath1BR,1BA$780
Wesley Apartments - Senior Living CommunityStudio (Stair Access)Studio,1BA$790
Bramblewood Apartments2BR/1.0BA2BR,1BA$849
Rivermont Park1 Bedroom, 1 Bath1BR,1BA$849
Huntingwood Apartments1 Bed, 1 bath1BR,1BA$850
Imperial Tobacco Lofts1BR/1.0BA1BR,1BA$850
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$859
County Green Apartment Homes1 Bed, 1 bath1BR,1BA$875

Best Value Apartments for Rent in Lynchburg, VA

As of December 12, 2025 the best value apartment in the Lynchburg area is the $0.44 price per square foot CSQ II Model at The Vue at College Square (Student Housing) in the in the Montview neighborhood starting from $750. The second greatest value Lynchburg apartment is the 3 Bedroom - All Inclusive Model at The Reserve -All Utilities Included&Furnished starting at $825 with a $0.58 price per square foot in the Wyndhurst neighborhood. Here is today’s list of the best values for Lynchburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Vue at College Square (Student Housing)CSQ II3BR,3.5BA$0.44
The Reserve -All Utilities Included&Furnished3 Bedroom - All Inclusive3BR,3.5BA$0.58
Kendall Square3 Bed/ 2 Bath3BR,2BA$0.98
The Flats at Cornerstone (Student Housing)The Flats3BR,3BA$0.58
1417 Early St, Unit Unit 11417 Early St2BR,1BA$0.98
Forestbrook Apartments3 Bed/ 2 Bath3BR,2BA$0.92
258 Munford St, Unit A258 Munford St2BR,1BA$0.90
Princeton Circle West ApartmentsColonial2BR,1BA$0.97
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$0.98
Bramblewood Apartments2BR/1.0BA2BR,1BA$1.06

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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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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Lynchburg Overview

Apart from the great weather of the area, the Lynchburg, VA boasts of an ethnically and culturally diverse local population. There are great shopping areas, recreational facilities, and restaurants as well as quality education and healthcare facilities. With a population of about 80,000 the transport network and media outlets serve the residents well.

Why live in Lynchburg, VA?

Lynchburg is home to an engaged business community that makes it a great city to live and work. The vibrant culture and rich history of the city combine with the education system to deliver an enjoyable city for both young and old. The culturally diverse community is warm and welcoming and will give you an easy time to fit in. Also, the Lynchburg real estate market has modern houses, making it a good idea to look for apartments in Lynchburg.

Lynchburg, VA
Population: 82,126

Ranked #419

in US Census Population by City

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Pet Friendly Lifestyle
Lynchburg, VA

Ranked #22

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Lynchburg, VA

School data provided by Great Schools

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

Explore Lynchburg, VA Rentals by Map

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See the most popular apartments and homes in Lynchburg, VA

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Getting Around Lynchburg, VA

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

20 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lynchburg Apartments

What is a cheap apartment in Lynchburg?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lynchburg is under $875.

What is the price of a cheap apartment in Lynchburg?

The cheapest apartment in Lynchburg is Elora Gardens Lynchburg which is listed at $696, while the average apartment in Lynchburg costs $2,591.

What types of apartments are the cheapest in Lynchburg?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 115 regular apartments in Lynchburg that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lynchburg?

Cheap apartments in Lynchburg have an average cost of $191 which is $2,400 cheaper than the average rent for all rentals in Lynchburg.

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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.