Cheap Apartments for Rent in the Cornerstone Neighborhood of Lynchburg, VA from $500 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Cornerstone area of Lynchburg.

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Timber East Apartments
$795 - $1,250
Total Monthly Price

Total Monthly Price

Base Rent
$765 - $1,220
Required Monthly Fees
$30

Total Monthly Price
$795 - $1,250
1 to 2 Bedroom Apartments Available Now

Timber East Apartments

119 Shrader LnLynchburg, VA 24502
Affordability
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  • Utilities Included
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1 Element
$895 - $1,250
Total Monthly Price

Total Monthly Price

Base Rent
$853 - $1,208
Required Monthly Fees
$42

Total Monthly Price
$895 - $1,250
Studio to 2 Bedroom Apartments Available Mar 6

1 Element

22 Apala CirLynchburg, VA 24502
Affordability
  • Verified
  • Customer Reviewed
  • 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
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Woods Edge
1 to 2 Bedroom Apartments

Woods Edge

118 Jefferson Manor DrForest, VA 24551
  • Utilities Included

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Cornerstone, Lynchburg, VA Local Guide

Cheapest Available Cornerstone Apartments for Rent

 

The cheapest available apartment rental in the Cornerstone area of Lynchburg, VA is a 1 Bed unit found at Beechwood priced from $820. Ivy Ridge has the second lowest priced unit, which is a 2 Beds apartment currently listed from $895. Here are the most affordable Cornerstone apartments for rent in Lynchburg, VA:

Apartment ListingModel NameBed/BathPriced From
Beechwood1 Bed/ 1 Bath1BR,1BA$820
Ivy Ridge2 BR2BR,1BA$895
7 Hills TownhomesA11BR,1BA$953
Mill's Crossing1 Bedroom1BR,1BA$974
Legacy at Linden ParkThe Hillsborough1BR,1BA$1,046

Best Value Apartments for Rent in Cornerstone, VA

As of February 20, 2026 the best value apartment in the Cornerstone 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 Cornerstone 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 Cornerstone 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$1.01
WillowBrook Luxury ApartmentsPhase 2-Call for availability before applying4BR,2BA$1.14
Cornerstone Lofts2 Bed 2 Bath2BR,2BA$1.07
The Flats at Cornerstone (Student Housing)The Flats3BR,3BA$0.58
Echo at Forest ViewThe Maple2BR,2BA$1.21
The Gables of Spring Creek2B/2B-Mulberry2BR,2BA$1.16
Grand VistasDogwood1BR,1BA$1.08
Del Ray Townhomes2 BR/1 BA RENO2BR,1BA$1.24

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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Pet Friendly Lifestyle
Cornerstone, Lynchburg, VA

Ranked #3

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Cornerstone Apartments

What is the price of a cheap apartment in Cornerstone?

The cheapest apartment in Cornerstone is Beechwood which is listed at $820, while the average apartment in Cornerstone costs $1,590.

What types of apartments are the cheapest in Cornerstone?

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 5 regular apartments in Cornerstone 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 Cornerstone?

Cheap apartments in Cornerstone have an average cost of $271 which is $1,319 cheaper than the average rent for all rentals in Cornerstone.

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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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.

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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.