Cheap Apartments for Rent in the Diamond Hill Neighborhood of Lynchburg, VA from $300 (17 Rentals)

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

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Jobbers Overall
$651 - $932
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$651 - $932

Total Monthly Price
$651 - $932
2 to 3 Bedroom Apartments Available Now

Jobbers Overall

1501 Kemper StLynchburg, VA 24501
Cost Per Sq.Ft.
  • Verified
  • Utilities Included
property at 1401 Garfield Ave

$695

Total Monthly Price

Total Monthly Price

Base Rent
$695

Total Monthly Price
$695

1 Bedroom, 1 Bath Home for Rent

Available Now

1401 Garfield Ave

LynchburgVA24501
property at 1009 4th St

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

2 Bedroom Rentals

Available Now

1009 4th St

LynchburgVA24504
property at 1219 Pierce St

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available May 5

1219 Pierce St

LynchburgVA24501

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Cliffs Edge Lofts
Studio to 2 Bedroom Apartments

Cliffs Edge Lofts

612 Commerce StLynchburg, VA 24504
  • Utilities Included
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

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503 Church St
1 Bedroom Apartments

503 Church St

503 Church StLynchburg, VA 24504
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Red Star Flats
Studio to 3 Bedroom Apartments

Red Star Flats

1300 Main StLynchburg, VA 24504
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Midtown Lofts
1 to 2 Bedroom Apartments

Midtown Lofts

2734 Fort AveLynchburg, VA 24501
  • Utilities Included

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Midtown Lofts
Studio to 2 Bedroom Apartments

Midtown Lofts

2740 Fort AveLynchburg, VA 24501
  • Utilities Included
property at 209 Clark St

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

3 Bedroom, 2 Bath Home for Rent

Available Aug 1

209 Clark St

Madison HeightsVA24572

Diamond Hill, Lynchburg, VA Local Guide

Cheapest Available Diamond Hill Apartments for Rent

 

The cheapest available apartment rental in the Diamond Hill area of Lynchburg, VA is a 2 Beds unit found at Jobbers Overall priced from $651. Midtown on 12th has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Diamond Hill apartments for rent in Lynchburg, VA:

Apartment ListingModel NameBed/BathPriced From
Jobbers Overall2 Bed2BR,2BA$651
Midtown on 12thStudioStudio,1BA$895
Church Street Townhomes1 Bedroom, 1 Bathroom1BR,1BA$895
The Humbles Building1BR/1.0BA1BR,1BA$995
12th & Court Lofts2nd Floor StudioStudio,1BA$995

Best Value Apartments for Rent in Diamond Hill, VA

As of April 06, 2026 the best value apartment in the Diamond Hill area is the $2.20 price per square foot 1016 Jefferson St Model at 1016 Jefferson St, Unit #5 in the in the College Hill neighborhood starting from $3,300. The second greatest value Diamond Hill apartment is the One Bedroom Model at Piedmont Flour Mill Lofts starting at $1,099 with a $0.92 price per square foot in the College Hill neighborhood. Here is today’s list of the best values for Diamond Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1016 Jefferson St, Unit #51016 Jefferson St2BR,2BA$2.20
Piedmont Flour Mill LoftsOne Bedroom1BR,1BA$0.92
The WayneRiverview Flats 2BR2BR,1BA$1.16
Jobbers Overall2 Bed2BR,2BA$0.72
317 Grove Street317 Grove St2BR,1BA$1.14
Gish Flats1x11BR,1BA$1.55
12th & Court Lofts2nd Floor StudioStudio ,1BA$1.66
Church Street Townhomes1 Bedroom, 1 Bathroom1BR,1BA$1.63
The Humbles Building1BR/1.0BA1BR,1BA$1.99

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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
Diamond Hill, Lynchburg, VA

Ranked #8

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Diamond Hill Apartments

What is a cheap apartment in Diamond Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Diamond Hill is under $1,250.

What is the price of a cheap apartment in Diamond Hill?

The cheapest apartment in Diamond Hill is Church Street Townhomes which is listed at $895, while the average apartment in Diamond Hill costs $1,495.

What types of apartments are the cheapest in Diamond Hill?

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 1 regular apartments in Diamond Hill 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 Diamond Hill?

Cheap apartments in Diamond Hill have an average cost of $221 which is $1,274 cheaper than the average rent for all rentals in Diamond Hill.

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.

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