Cheap Apartments for Rent in Lynchburg, VA from $300 (66 Rentals)

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property at 1209 Pierce St

1209 Pierce St

LynchburgVA24501

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.

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.

property at 812 Jackson St

812 Jackson St

LynchburgVA24504

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
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Montvue Apartments
2 to 4 Bedroom Apartments

Montvue Apartments

1220 Moseley DrLynchburg, VA 24502
  • Utilities Included

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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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.

Lynchburg, VA Local Guide

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Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Lynchburg, VA

Pricing Updated: 11/05/2025

Current apartment rentals in the Lynchburg, VA area range in price from $750 to $2,850 with an overall median price of $1,842. The three Lynchburg neighborhoods with the lowest median rent pricing are Diamond Hill at $750, Downtown Lynchburg at $750, and Dearington at $750. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lynchburg Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Diamond Hill$1,375$75023
Downtown Lynchburg$1,375$75025
Dearington$1,550$75049
College Hill$1,600$75025
Montview$1,700$7509
Cornerstone$1,745$1,1508
Tate Springs$1,750$75054
Wyndhurst$1,850$1,5002
Sandusky$2,325$8954
Fort Hill$2,500$8958

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
Princeton Circle West ApartmentsColonial Terrace1BR,1BA$785
Bramblewood Apartments2BR/1.0BA2BR,1BA$799
BeechwoodLarge 1 Bed/ 1 Bath1BR,1BA$805
Rivermont Park1 Bedroom, 1 Bath1BR,1BA$849
Huntingwood Apartments1 Bed, 1 bath1BR,1BA$850
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$859
County Green Apartment Homes1 Bed, 1 bath1BR,1BA$875
Ivy Ridge2 BR2BR,1BA$895

Best Value Apartments for Rent in Lynchburg, VA

As of November 06, 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
Ivy Creek Apartments3BR/1.5BA3BR,1.5BA$0.75
1417 Early St, Unit Unit 11417 Early St2BR,1BA$0.98
Forestbrook Apartments3 Bed/ 2 Bath3BR,2BA$0.92
177 N Princeton Cir2 Beds, 2 Baths2BR,2BA$1.00
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$0.98
Bramblewood Apartments2BR/1.0BA2BR,1BA$1.00

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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

Explore Lynchburg, VA Rentals by Map

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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

Frequently Asked Questions about Cheap Lynchburg Apartments

How much is rent for a Cheap One Bedroom Lynchburg Apartment?

The lowest price for a Cheap One Bedroom Lynchburg Apartment is $696 at Elora Gardens Lynchburg.

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 $799 at Bramblewood Apartments.

What is the most affordable Lynchburg Three Bedroom Apartment?

The best deal on a cheap Lynchburg Three Bedroom Apartment rental is at Ivy Creek Apartments and starts from $899.

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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.