Cheap Apartments for Rent in the Diamond Hill Neighborhood of Lynchburg, VA from $300 (8 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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503 Church St
1 Bedroom Apartments

503 Church St

503 Church StLynchburg, VA 24504

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.

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 1 Bed unit found at Midpoint Apartments priced from $870. Midtown Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Diamond Hill apartments for rent in Lynchburg, VA:

Apartment ListingModel NameBed/BathPriced From
Midpoint Apartments1BR/1.0BA1BR,1BA$870
Midtown Lofts1 Bed 1 Bath1BR,1BA$895
Church Street Townhomes1 Bedroom, 1 Bathroom1BR,1BA$895

Best Value Apartments for Rent in Diamond Hill, VA

As of June 11, 2025 the best value apartment in the Diamond Hill area is the $1.35 price per square foot 1200 Commerce St Model at 1200 Commerce St, Unit 4 in the in the College Hill neighborhood starting from $2,300. The second greatest value Diamond Hill apartment is the 405 Harrison St Model at 405 Harrison St, Unit 2 starting at $1,885 with a $1.26 price per square foot in the Tate Springs 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.
1200 Commerce St, Unit 41200 Commerce St2BR,2BA$1.35
405 Harrison St, Unit 2405 Harrison St3BR,3BA$1.26
1025 Church St, Unit A1025 Church St1BR,1.5BA$1.02
Town Center Apartments3 Bed/2 Bath Type 13BR,2BA$1.25
Piedmont Flour Mill LoftsOne Bedroom1BR,1BA$1.52
Church Street Townhomes3 Bedroom, 1.5 Bathroom3BR,1.5BA$1.70
The WayneRiverview Two's2BR,2BA$1.51
Midtown Lofts1 Bed 1 Bath1BR,1BA$1.19
12th & Court Lofts2nd Floor Corner Units1BR,1BA$2.07
Midpoint Apartments1BR/1.0BA1BR,1BA$1.49

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Pet Friendly Lifestyle
Diamond Hill, Lynchburg, VA

Ranked #5

Among neighborhoods in Lynchburg, VA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Diamond Hill Apartments

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

The cheapest apartment in Diamond Hill is Midpoint Apartments which is listed at $870, while the average apartment in Diamond Hill costs $1,695.

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 4 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 $321 which is $1,374 cheaper than the average rent for all rentals in Diamond Hill.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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The Art of the Rental Viewing: What to look for during a property tour

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