Cheap Apartments for Rent in Lynchburg, VA from $300 (61 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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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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Woodbine, LLC
1 to 2 Bedroom Apartments

Woodbine, LLC

1424 Tunbridge RdLynchburg, VA 24501
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Cliffs Edge Lofts
Studio to 2 Bedroom Apartments

Cliffs Edge Lofts

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

New London Apartments

9 Turkey Foot RdLynchburg, VA 24502
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Nottingham
1 to 2 Bedroom Apartments

Nottingham

3463 Fort AveLynchburg, VA 24501

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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503 Church St
1 Bedroom Apartments

503 Church St

503 Church StLynchburg, VA 24504
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The Virginian Lofts
1 Bedroom Apartments

The Virginian Lofts

301 Rivermont AveLynchburg, VA 24504
  • Utilities Included
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River Lofts West
Studio to 2 Bedroom Apartments

River Lofts West

920-926 Commerce StLynchburg, VA 24504
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Red Star Flats
Studio to 3 Bedroom Apartments

Red Star Flats

1300 Main StLynchburg, VA 24504
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713-715 Clay St
2 Bedroom Apartments

713-715 Clay St

713-715 Clay StLynchburg, VA 24504

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Lynchburg, VA Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Lynchburg, VA

Pricing Updated: 01/25/2026

Current apartment rentals in the Lynchburg, VA area range in price from $659 to $3,415 with an overall median price of $1,513. The three Lynchburg neighborhoods with the lowest median rent pricing are Fort Hill at $659, College Hill at $696, and Diamond Hill 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
Fort Hill$1,415$659145
College Hill$1,450$69647
Diamond Hill$1,450$75041
Downtown Lynchburg$1,450$69644
Dearington$1,495$696100
Rivermont$1,495$696190
Tate Springs$1,495$696119
Montview$1,593$77562
Cornerstone$1,600$790151
Sandusky$1,600$659200

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. Forestside Apartments in the Wyndhurst neighborhood 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
Forestside Apartments1B 1 BA1BR,1BA$770
Imperial Tobacco Lofts1BR/1.0BA1BR,1BA$800
Walden Pond Apartment Homes1 Bedroom1BR,1BA$805
Beechwood1 Bed/ 1 Bath1BR,1BA$820
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$859
Bramblewood Apartments2BR/1.0BA2BR,1BA$864
Huntingwood Apartments1 Bed, 1 bath1BR,1BA$895
Ivy Ridge2 BR2BR,1BA$895

Best Value Apartments for Rent in Lynchburg, VA

As of January 25, 2026 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 4 BR 1.5 Bath Model at 1325-1331 Ruffner Pl starting at $1,495 with a $0.97 price per square foot in the Tate Springs 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
1325-1331 Ruffner Pl4 BR 1.5 Bath4BR,1.5BA$0.97
The Reserve -All Utilities Included&Furnished3 Bedroom - All Inclusive3BR,3.5BA$0.58
Kendall Square3 Bed/ 2 Bath3BR,2BA$1.01
The Flats at Cornerstone (Student Housing)The Flats3BR,3BA$0.58
Holly Run ApartmentsBreezewood2BR,1.5BA$0.88
Ivy Creek Apartments3BR/1.5BA3BR,1.5BA$0.87
1417 Early St, Unit Unit 11417 Early St2BR,1BA$0.98
Forestbrook Apartments3 Bed/ 2 Bath3BR,2BA$0.98
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$0.98

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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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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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.

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Lynchburg, VA

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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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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 $895.

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 $1,513.

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 105 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 $164 which is $1,349 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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.