
Cheap Apartments for Rent in the Diamond Hill Neighborhood of Lynchburg, VA from $300 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Diamond Hill area of Lynchburg.


2932 Langhorne Rd

1219 Pierce St

Central City and College Hill Homes Apartment
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2700 Loraine St

2914 Langhorne Rd

2536 Carter St
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Diamond Hill, Lynchburg, VA Local Guide

How much does it cost to rent an apartment in Diamond Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Diamond Hill Studio Apartments | $995 | $995 | $995 |
Diamond Hill 1 Bedroom Apartments | $1,109 | $450 | $1,558 |
Diamond Hill 2 Bedroom Apartments | $1,501 | $695 | $3,200 |
Diamond Hill 3 Bedroom Apartments | $1,600 | $1,000 | $1,885 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Diamond Hill Neighborhood of Lynchburg, VA.
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Diamond Hill, Lynchburg, VA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Midpoint Apartments | 1BR/1.0BA | 1BR,1BA | $870 |
Midtown Lofts | 1 Bed 1 Bath | 1BR,1BA | $895 |
Church Street Townhomes | 1 Bedroom, 1 Bathroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1200 Commerce St, Unit 4 | 1200 Commerce St | 2BR,2BA | $1.35 |
405 Harrison St, Unit 2 | 405 Harrison St | 3BR,3BA | $1.26 |
1025 Church St, Unit A | 1025 Church St | 1BR,1.5BA | $1.02 |
Town Center Apartments | 3 Bed/2 Bath Type 1 | 3BR,2BA | $1.25 |
Piedmont Flour Mill Lofts | One Bedroom | 1BR,1BA | $1.52 |
Church Street Townhomes | 3 Bedroom, 1.5 Bathroom | 3BR,1.5BA | $1.70 |
The Wayne | Riverview Two's | 2BR,2BA | $1.51 |
Midtown Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.19 |
12th & Court Lofts | 2nd Floor Corner Units | 1BR,1BA | $2.07 |
Midpoint Apartments | 1BR/1.0BA | 1BR,1BA | $1.49 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDiamond Hill, Lynchburg, VA
Ranked #5
Among neighborhoods in Lynchburg, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Diamond Hill, Lynchburg, VA
Paul Laurence Dunbar Mid. For Innov.
School data provided by Great Schools
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.