
Cheap Homes for Rent in College Hill Neighborhood of Lynchburg, VA from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the College Hill area of Lynchburg.


905 Centerdale St

431 Blackford St, Unit Apt 2

722 Commerce St, Unit 217

1810 Laurel St
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.

2336 Aragon St

1612 Pierce St, Unit B

1521 Taylor St

901 Fifth St

1507 6th St
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.
College Hill, Lynchburg, VA Local Guide

How much does it cost to rent a home in College Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| College Hill 2 Bedroom Homes for Rent | $1,270 | $795 | $2,100 |
| College Hill 3 Bedroom Homes for Rent | $1,662 | $1,195 | $1,950 |
| College Hill 4 Bedroom Homes for Rent | $1,697 | $1,195 | $2,200 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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
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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 Studio unit found at Midtown on 12th priced from $895. Church Street Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable College Hill apartments for rent in Lynchburg, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Midtown on 12th | Studio | Studio,1BA | $895 |
| Church Street Townhomes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $895 |
| 500 Euclid Avenue | 500 | 1BR,1BA | $900 |
Best Value Apartments for Rent in College Hill, VA
As of June 09, 2026 the best value apartment in the College Hill area is the $1.11 price per square foot 3 bed Model at 713-715 Clay St in the in the Tate Springs neighborhood starting from $1,000. The second greatest value College Hill apartment is the Courtyard 2nd Floor Model at The Wayne starting at $1,250 with a $1.45 price per square foot in the Montview 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. |
|---|---|---|---|
| 713-715 Clay St | 3 bed | 3BR,1BA | $1.11 |
| The Wayne | Courtyard 2nd Floor | 1BR,1BA | $1.45 |
| The Humbles Building | 2BR/2.0BA | 2BR,2BA | $1.89 |
| 12th & Court Lofts | 2nd Floor Studio | Studio ,1BA | $1.66 |
| 500 Euclid Avenue | 500 | 1BR,1BA | $1.55 |
| Church Street Townhomes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.63 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 College Hill
What type of rentals are currently available in College Hill?
There are currently 71 Apartments for Rent in College Hill, VA with pricing that ranges from $785 to $2,250. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in College Hill ranging from $795 to $2,200.
What is the current price range for Rental Homes in College Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in College Hill ranges from $795 to $2,200 with an average monthly rent of $1,481.
How much are larger Three and Four Bedroom Rentals in College Hill?
For those who are looking for larger living arrangements, Three Bedroom Apartments in College Hill range from $895 to $2,195, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $1,950. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $1,000.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.