
Cheap Apartments for Rent in the College Hill Neighborhood of Lynchburg, VA from $300 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the College Hill area of Lynchburg.


2244 Memorial Ave

Elora Gardens Lynchburg

707 Mansfield Ave

1009 4th St

1219 Pierce St

Church Street Townhomes

Midtown on 12th

500 Euclid Avenue
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.

900 Polk St

12th & Court Lofts

1821 Taylor St

701 Orchard St

Total Monthly Price
317 Grove Street

Total Monthly Price
Imperial Tobacco Lofts

Total Monthly Price
White Star Flats

1000 Taylor St

Piedmont Flour Mill Lofts
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.

722 Commerce St, Unit 303

The Wayne

Gish Flats

Central City and College Hill Homes Apartment

Cliffs Edge Lofts

912 Floyd St

503 Church St

The Virginian Lofts

313 Wadsworth St
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.

Midpoint Apartments

Red Star Flats

Midtown Lofts

905 Centerdale St

Midtown Lofts

Lynchburg High Apartments

River Lofts West

1810 Laurel St

216 Kenyon St
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.

723 Jefferson Street

2019 3rd St

713-715 Clay St

100 Horseford Rd

Factory 88

605 Harrison St.

Virginia Laundry Lofts

1710 15th St

Watt House
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.
College Hill, Lynchburg, VA Local Guide

How much does it cost to rent an apartment in College Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| College Hill Studio Apartments | $911 | $895 | $995 |
| College Hill 1 Bedroom Apartments | $1,164 | $695 | $1,747 |
| College Hill 2 Bedroom Apartments | $1,357 | $651 | $3,300 |
| College Hill 3 Bedroom Apartments | $1,450 | $740 | $2,195 |
Browse Apartments in this Neighborhood
There are currently 45 rentals with your search options within a 2 mile radius of the College Hill Neighborhood of Lynchburg, VA.
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College Hill, Lynchburg, VA Local Guide
- Nearby Lynchburg neighborhoods
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Cheapest Available College Hill Apartments for Rent
 The cheapest available apartment rental in the College Hill area of Lynchburg, VA is a 2 Beds unit found at Jobbers Overall priced from $651. Elora Gardens Lynchburg has the second lowest priced unit, which is a 1 Bed apartment currently listed from $696. Here are the most affordable College Hill apartments for rent in Lynchburg, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jobbers Overall | 2 Bed | 2BR,2BA | $651 |
| Elora Gardens Lynchburg | 1 Bedroom | 1BR,1BA | $696 |
| Midtown on 12th | Studio | Studio,1BA | $895 |
| Church Street Townhomes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $895 |
| 500 Euclid Avenue | 522 | 2BR,1BA | $995 |
| 12th & Court Lofts | 2nd Floor Studio | Studio,1BA | $995 |
| 317 Grove Street | 2 Bedroom 1 Bath - 48748 | 2BR,1BA | $1,010 |
| Piedmont Flour Mill Lofts | One Bedroom | 1BR,1BA | $1,099 |
| The Wayne | Courtyard 1st Floor | 1BR,1BA | $1,150 |
| Gish Flats | 1x1 | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in College Hill, VA
As of April 25, 2026 the best value apartment in the College Hill area is the $0.81 price per square foot 2BR/2.0BA Model at River Lofts West in the in the College Hill neighborhood starting from $1,445. The second greatest value College Hill apartment is the One Bedroom Model at Piedmont Flour Mill Lofts starting at $1,099 with a $0.92 price per square foot in the College Hill neighborhood. Here is today’s list of the best values for College Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| River Lofts West | 2BR/2.0BA | 2BR,2BA | $0.81 |
| Piedmont Flour Mill Lofts | One Bedroom | 1BR,1BA | $0.92 |
| 409 Euclid Ave, Unit Fully Furnished Suite A | 409 Euclid Ave | 2BR,1BA | $1.39 |
| 317 Grove Street | 2 Bedroom 1 Bath - 48748 | 2BR,1BA | $1.07 |
| Jobbers Overall | 2 Bed | 2BR,2BA | $0.72 |
| The Wayne | Courtyard 1st Floor | 1BR,1BA | $1.33 |
| Midtown on 12th | Studio | Studio ,1BA | $1.07 |
| 500 Euclid Avenue | 522 | 2BR,1BA | $1.28 |
| Gish Flats | 1x1 | 1BR,1BA | $1.55 |
| Church Street Townhomes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.63 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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.
Best Local Schools in College Hill, Lynchburg, VA
Paul Laurence Dunbar Mid. For Innov.
School data provided by Great Schools
Frequently Asked Questions about Cheap College Hill Apartments
What is a cheap apartment in College Hill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in College Hill is under $1,199.
What is the price of a cheap apartment in College Hill?
The cheapest apartment in College Hill is Elora Gardens Lynchburg which is listed at $696, while the average apartment in College Hill costs $1,395.
What types of apartments are the cheapest in College Hill?
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 2 regular apartments in College Hill 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 College Hill?
Cheap apartments in College Hill have an average cost of $360 which is $1,035 cheaper than the average rent for all rentals in College Hill.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.