Cheap Apartments for Rent in the Diamond Hill Neighborhood of Lynchburg, VA from $300 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Cliffs Edge Lofts
Studio to 2 Bedroom Apartments

Cliffs Edge Lofts

612 Commerce StLynchburg, VA 24504
  • Utilities Included
close
View Me
503 Church St
1 Bedroom Apartments

503 Church St

503 Church StLynchburg, VA 24504

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 Church Street Townhomes priced from $895. The Humbles Building Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Diamond Hill apartments for rent in Lynchburg, VA:

Apartment ListingModel NameBed/BathPriced From
Church Street Townhomes1 Bedroom, 1 Bathroom1BR,1BA$895
The Humbles Building Apartments1BR/1.0BA1BR,1BA$1,100
12th & Court Lofts2nd Floor Corner Units1BR,1BA$1,195
Gish Flats1x11BR,1BA$1,199
Imperial Tobacco Lofts2BR/2.5BA2BR,2BA$1,400

Best Value Apartments for Rent in Diamond Hill, VA

As of November 10, 2025 the best value apartment in the Diamond Hill area is the $1.09 price per square foot 2BR/2.0BA Model at River Lofts West in the in the College Hill neighborhood starting from $1,945. The second greatest value Diamond Hill apartment is the 3 Bed + 2 Bath Model at 12th & Court Lofts starting at $2,195 with a $1.57 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.
River Lofts West2BR/2.0BA2BR,2BA$1.09
12th & Court Lofts3 Bed + 2 Bath3BR,2BA$1.57
Imperial Tobacco Lofts2BR/2.5BA2BR,2.5BA$1.05
206 11th St, Unit 206 11th206 11th St2BR,2BA$1.30
Piedmont Flour Mill LoftsTwo Bedroom2BR,1BA$1.36
Gish Flats1x11BR,1BA$1.41
Church Street Townhomes1 Bedroom, 1 Bathroom1BR,1BA$1.63

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Diamond Hill, Lynchburg, VA

Ranked #9

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Diamond Hill Apartments

How much is rent for a Cheap One Bedroom Diamond Hill Apartment?

The lowest price for a Cheap One Bedroom Diamond Hill Apartment is $895 at Church Street Townhomes.

What is the lowest price for a Cheap Two Bedroom Diamond Hill Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Diamond Hill is starting from $995 at Church Street Townhomes.

What is the most affordable Diamond Hill Three Bedroom Apartment?

The best deal on a cheap Diamond Hill Three Bedroom Apartment rental is at Church Street Townhomes and starts from $1,395.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.