Cheap Apartments for Rent in Lynchburg, VA from $300 (92 Rentals)

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

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Lynchburg, VA Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Lynchburg, VA

Pricing Updated: 07/30/2025

Current apartment rentals in the Lynchburg, VA area range in price from $595 to $2,395 with an overall median price of $1,538. The three Lynchburg neighborhoods with the lowest median rent pricing are Rivermont at $595, Tate Springs at $595, and Montview at $679. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lynchburg Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Rivermont$1,246$59597
Tate Springs$1,353$59565
Montview$1,398$67939
Fort Hill$1,479$65982
Dearington$1,495$59560
Sandusky$1,550$65991
Cornerstone$1,590$67978
College Hill$1,672$59529
Diamond Hill$1,672$59523
Downtown Lynchburg$1,672$59525

Cheapest Available Lynchburg Apartments for Rent

 

The cheapest available apartment rental in Lynchburg, VA is a 1 Bed unit found at Miller's Rest Apartments in the Wyndhurst neighborhood priced from $679. Elora Gardens Lynchburg in the Tate Springs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $696. Here is today’s list of the most affordable Lynchburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Miller's Rest ApartmentsTrundle1BR,1BA$679
Elora Gardens Lynchburg1 Bedroom1BR,1BA$696
Beechwood1 Bed/ 1 Bath1BR,1BA$780
Bramblewood Apartments2BR/1.0BA2BR,1BA$799
Wesley Apartments - Senior Living CommunityStudio (Stair or Ramp Access)Studio,1BA$820
500 Euclid AvenueStudio - 500 Euclid1BR,1BA$850
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$859
Ivy Ridge2 BR2BR,1BA$895
Midtown Lofts1 Bed 1 Bath1BR,1BA$895
Forestbrook Apartments2 Bed/ 2 Bath2BR,2BA$925

Best Value Apartments for Rent in Lynchburg, VA

As of July 31, 2025 the best value apartment in the Lynchburg area is the $0.69 price per square foot 2BR/2.0BA Model at River Lofts West in the in the College Hill neighborhood starting from $1,240. The second greatest value Lynchburg apartment is the 3 Bed 2 Bath Model at Eleven25 starting at $1,695 with a $0.98 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.
River Lofts West2BR/2.0BA2BR,2BA$0.69
Eleven253 Bed 2 Bath3BR,2BA$0.98
1025 Church St, Unit A1025 Church St1BR,1.5BA$0.91
County Green Apartment Homes3 Beds, 2 baths3BR,2BA$0.96
Ivy Creek Apartments3BR/1.5BA3BR,1.5BA$0.79
Park Place Apartments2BR/2BA Renovated2BR,2BA$0.98
Forestbrook Apartments2 Bed/ 2 Bath2BR,2BA$0.91
The Oasis (Student Housing)Student Only - Rent By The Room2BR,2BA$0.90
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$0.98
Miller's Rest ApartmentsTrundle1BR,1BA$0.96

Quick Rent Budget Calculator

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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 $925.

What is the price of a cheap apartment in Lynchburg?

The cheapest apartment in Lynchburg is Miller's Rest Apartments which is listed at $679, while the average apartment in Lynchburg costs $1,538.

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 116 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 $222 which is $1,316 cheaper than the average rent for all rentals in Lynchburg.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.