Cheap Homes for Rent in College Hill Neighborhood of Lynchburg, VA from $700 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in the College Hill area of Lynchburg.

property at 912 Floyd St

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

2 Bedroom, 1 Bath Condo for Rent

Available Now

912 Floyd St

LynchburgVA24501
property at 905 Centerdale St

$895

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

905 Centerdale St

LynchburgVA24501
property at 1810 Laurel St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1 Bath Home for Rent

Available Now

1810 Laurel St

LynchburgVA24504

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.

property at 2336 Aragon St

$995

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1 Bath Home for Rent

Available Now

2336 Aragon St

LynchburgVA24501
property at 1521 Taylor St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

3 Bedroom, 1 Bath Home for Rent

Available Now

1521 Taylor St

LynchburgVA24504
property at 901 Fifth St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 2 Bath Condo for Rent

Available Now

901 Fifth St

LynchburgVA24504
property at 1507 6th St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

4 Bedroom, 1 Bath Home for Rent

Available Now

1507 6th 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.

College Hill, Lynchburg, VA Local Guide

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 ListingModel NameBed/BathPriced From
Midtown on 12thStudioStudio,1BA$895
Church Street Townhomes1 Bedroom, 1 Bathroom1BR,1BA$895
500 Euclid Avenue5001BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
713-715 Clay St3 bed3BR,1BA$1.11
The WayneCourtyard 2nd Floor1BR,1BA$1.45
The Humbles Building2BR/2.0BA2BR,2BA$1.89
12th & Court Lofts2nd Floor StudioStudio ,1BA$1.66
500 Euclid Avenue5001BR,1BA$1.55
Church Street Townhomes1 Bedroom, 1 Bathroom1BR,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.

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Real 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.

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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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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

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

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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.

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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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.