Cheap Homes for Rent in Cornerstone Neighborhood of Lynchburg, VA from $1,000 (7 Rentals)

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

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 Jul 5

8108 Timberlake Rd

LynchburgVA24502
property at 207 Portico St

$1,800

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 2.5 Bath Townhome for Rent

Available Jul 4

207 Portico St

LynchburgVA24502

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 419 Rotunda St

$1,875

Total Monthly Price

Total Monthly Price

Base Rent
$1,875

Total Monthly Price
$1,875

3 Bedroom, 2 Bath Condo for Rent

Available Now

419 Rotunda St

LynchburgVA24502
property at 419 Rotunda St

$1,875

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,875

Total Monthly Price
$1,875

3 Bedroom, 2 Bath Condo for Rent

Available Now

419 Rotunda St, Unit 2002, Unit 2002

419 Rotunda St
LynchburgVA24502
property at 420 Capstone Dr

$1,875

Total Monthly Price

Total Monthly Price

Base Rent
$1,875

Total Monthly Price
$1,875

3 Bedroom, 2 Bath Condo for Rent

Available Now

420 Capstone Dr

LynchburgVA24502

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.

property at 318 Meridian St

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

318 Meridian St

LynchburgVA24502

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

Best Value Apartments for Rent in Cornerstone, VA

As of May 21, 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
Cornerstone Lofts2 Bed 2 Bath2BR,2BA$1.07
The Gardens on TimberlakeThe Lotus Bloom3BR,2BA$1.16
Logans Landing2 Bedroom 2 Bath2BR,2BA$1.11
Echo at Forest ViewThe Willow2BR,2BA$1.26
Grand VistasDogwood1BR,1BA$1.10
Parkside Grande at Cornerstone2BR2BR,2BA$1.04
Miller's Rest ApartmentsPritchell2BR,2BA$0.85
44 Moss Creek Apartments2BR/1.0BA2BR,1BA$0.97

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 Article
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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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Pet Friendly Lifestyle
Cornerstone, Lynchburg, VA

Ranked #3

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 Cornerstone

What type of rentals are currently available in Cornerstone?

There are currently 60 Apartments for Rent in Cornerstone, VA with pricing that ranges from $684 to $3,212. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cornerstone ranging from $1,000 to $2,300.

What is the current price range for Rental Homes in Cornerstone?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cornerstone ranges from $1,000 to $2,300 with an average monthly rent of $1,780.

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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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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.