Cheap Apartments for Rent in the Cornerstone Neighborhood of Lynchburg, VA from $500 (48 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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Miller's Rest Apartments
$684 - $1,141
Total Monthly Price

Total Monthly Price

Base Rent
$679 - $1,136
Required Monthly Fees
$5

Total Monthly Price
$684 - $1,141
1 to 3 Bedroom Apartments Available Now

Miller's Rest Apartments

6125 Old Mill RdLynchburg, VA 24502
Affordability
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  • Utilities Included
  • Low Income
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Timber East Apartments
$815 - $1,280
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$785 - $1,250
Required Monthly Fees
$30

Total Monthly Price
$815 - $1,280
1 to 2 Bedroom Apartments Available Jun 26

Timber East Apartments

119 Shrader LnLynchburg, VA 24502
Affordability
  • Verified
  • Utilities Included
  • 3D Tour
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1 Element
$920 - $1,292
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$878 - $1,250
Required Monthly Fees
$42

Total Monthly Price
$920 - $1,292
Studio to 2 Bedroom Apartments Contact Us For Availability

1 Element

22 Apala CirLynchburg, VA 24502
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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WillowBrook Luxury Apartments
$1,050 - $1,655
Total Monthly Price

Total Monthly Price

Base Rent
$985 - $1,590
Required Monthly Fees
$65

Total Monthly Price
$1,050 - $1,655
1 to 4 Bedroom Apartments Available Now

WillowBrook Luxury Apartments

120 Clubhouse DrLynchburg, VA 24502
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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887 Timberlake Dr, Unit 2
$1,050
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050
2 Bedroom Apartment Available Aug 3

887 Timberlake Dr, Unit 2

887 Timberlake DrLynchburg, VA 24502
Affordability
  • Smoke Free
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Rosedale Apartments
Rent Specials
$1,125 - $1,895
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$975 - $1,745
Required Monthly Fees
$150

Total Monthly Price
$1,125 - $1,895
1 to 3 Bedroom Apartments Available Now

Rosedale Apartments

1600 Graves Mill RdLynchburg, VA 24502
Student Housing
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  • 3D Tour
  • Smoke Free
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Legacy at Linden Park
$1,152 - $1,543
Total Monthly Price

Total Monthly Price

Base Rent
$1,146 - $1,537
Required Monthly Fees
$6

Total Monthly Price
$1,152 - $1,543
1 to 3 Bedroom Apartments Available Jun 16

Legacy at Linden Park

1000 Misty Mountain RdLynchburg, VA 24502
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Kendall Square
$1,220 - $1,430
Total Monthly Price

Total Monthly Price

Base Rent
$1,220 - $1,430

Total Monthly Price
$1,220 - $1,430
2 to 3 Bedroom Apartments Available Now

Kendall Square

209 Old Graves Mill RdLynchburg, VA 24502
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Grand Vistas
$1,221 - $2,061
Total Monthly Price

Total Monthly Price

Base Rent
$1,221 - $2,061

Total Monthly Price
$1,221 - $2,061
1 to 3 Bedroom Apartments Available Now

Grand Vistas

7612 Timberlake RdLynchburg, VA 24502
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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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The Overture Apartments
Rent Specials
$1,375 - $1,945
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,225 - $1,795
Required Monthly Fees
$150

Total Monthly Price
$1,375 - $1,945
1 to 3 Bedroom Apartments Available Now

The Overture Apartments

18442 Leesville RdLynchburg, VA 24502
Family Friendly
  • Verified
  • 3D Tour
  • Smoke Free
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West Edge
$1,440 - $2,475
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $2,435
Required Monthly Fees
$40

Total Monthly Price
$1,440 - $2,475
1 to 3 Bedroom Apartments Available Now

West Edge

200 West Edge WayLynchburg, VA 24502
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Logans Landing
Rent Specials
$1,456 - $2,020
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $2,014
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Logans Landing

6343 Logans LnLynchburg, VA 24502
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
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The Gardens on Timberlake
Rent Specials
$1,481 - $1,756
Total Monthly Price

Total Monthly Price

Base Rent
$1,475 - $1,750
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Gardens on Timberlake

240 Beverly HillsLynchburg, VA 24502
Corporate Housing
  • 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

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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Ivy Ridge
2 to 3 Bedroom Apartments

Ivy Ridge

1609 McVeigh RdLynchburg, VA 24502
  • Utilities Included
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Village Court
2 Bedroom Apartments

Village Court

6115 Igloe DrLynchburg, VA 24502
property at 8108 Timberlake Rd

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1.5 Bath Townhome for Rent

Available Jun 30

8108 Timberlake Rd

LynchburgVA24502
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Whitestone Village
1 to 3 Bedroom Apartments

Whitestone Village

16 Duiguid DrLynchburg, VA 24502
  • Utilities Included
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Wyndhurst Villas
2 to 3 Bedroom Apartments

Wyndhurst Villas

301 Northwynd CirLynchburg, VA 24502

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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302 Capstone Dr
2 Bedroom Apartments

302 Capstone Dr

302 Capstone DrLynchburg, VA 24502
property at 273 Mulberry Cir

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1.5 Bath Townhome for Rent

Available Sep 5

273 Mulberry Cir

LynchburgVA24502
property at 206 Capstone Dr

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

3 Bedroom, 2 Bath Condo for Rent

Available Jul 10

206 Capstone Dr

LynchburgVA24502
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37 West Apartments
$1,125 - $1,555
Total Monthly Price

Total Monthly Price

Base Rent
$1,065 - $1,495
Required Monthly Fees
$60

Total Monthly Price
$1,125 - $1,555
1 to 3 Bedroom Apartments Contact Us For Availability

37 West Apartments

27 Odara DrForest, VA 24551
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Echo at Forest View
Rent Specials
$1,477 - $1,577
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,380 - $1,480
Required Monthly Fees
$97

Total Monthly Price
$1,477 - $1,577
2 to 3 Bedroom Apartments Available Now

Echo at Forest View

1047 E Lawn DrForest, VA 24551
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Woods Edge
1 to 2 Bedroom Apartments

Woods Edge

118 Jefferson Manor DrForest, VA 24551
  • Utilities Included

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 Miller's Rest Apartments priced from $684. Wesley Apartments - Senior Living Community has the second lowest priced unit, which is a Studio apartment currently listed from $790. Here are the most affordable Cornerstone apartments for rent in Lynchburg, VA:

Apartment ListingModel NameBed/BathPriced From
Miller's Rest ApartmentsRhine1BR,1BA$684
Wesley Apartments - Senior Living CommunityStudio (Stair Access)Studio,1BA$790
Beechwood1 Bed/ 1 Bath1BR,1BA$820
7 Hills TownhomesB12BR,2BA$1,095
Parkside Grande at Cornerstone2BR2BR,2BA$1,149
Kendall Square2 Bed/ 2 Bath2BR,2BA$1,220
Grand VistasDogwood1BR,1BA$1,221
Cornerstone Lofts1 Bed 1 Bath w/Bonus1BR,1BA$1,295
Del Ray Townhomes2 BR/1 BA RENO2BR,1BA$1,324
Gables of CornerstoneTwo Bedroom2BR,2BA$1,349

Best Value Apartments for Rent in Cornerstone, VA

As of May 31, 2026 the best value apartment in the Cornerstone area is the $1.01 price per square foot 3 Bed/ 2 Bath Model at Kendall Square in the in the Wyndhurst neighborhood starting from $1,430. The second greatest value Cornerstone apartment is the Phase 2-Call for availability before applying Model at WillowBrook Luxury Apartments starting at $1,615 with a $1.15 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.
Kendall Square3 Bed/ 2 Bath3BR,2BA$1.01
WillowBrook Luxury ApartmentsPhase 2-Call for availability before applying4BR,2BA$1.15
Logans Landing2 Bedrooms 2 Bath w/Sunroom2BR,2BA$1.16
Cornerstone Lofts2 Bed 2 Bath2BR,2BA$1.07
The Gardens on TimberlakeThe Lotus Bloom3BR,2BA$1.16
Echo at Forest ViewThe Willow2BR,2BA$1.26
Cornerstone Columns3 Bedroom3BR,2BA$1.26
Grand VistasDogwood1BR,1BA$1.10
Parkside Grande at Cornerstone2BR2BR,2BA$1.04
Miller's Rest ApartmentsPritchell2BR,2BA$0.85

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

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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Pet Friendly Lifestyle
Cornerstone, Lynchburg, VA

Ranked #4

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

Pet Friendliness Lifestyle Score

4.0
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 Miller's Rest Apartments which is listed at $684, while the average apartment in Cornerstone costs $1,750.

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 12 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 $291 which is $1,459 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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

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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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.