1009 4th St
LynchburgVA24504
Cheap Apartments for Rent in the Diamond Hill Neighborhood of Lynchburg, VA from $300 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Diamond Hill area of Lynchburg.
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$864 - $996
Total Monthly Price12 Month Lease Term
2 to 3 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$864 - $996
Total Monthly Price
$864 - $996
Jobbers Overall
1501 Kemper StLynchburg, VA 24501
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$895 - $1,695
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowChurch Street Townhomes
1312 Church StLynchburg, VA 24504
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$895 - $995
Plus Fees
Studio to 1 Bedroom Apartments Available NowMidtown on 12th
1701 12th StLynchburg, VA 24501
1219 Pierce St
LynchburgVA24501
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$910 - $960
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$875 - $925
Required Monthly Fees
$35
Total Monthly Price
$910 - $960
317 Grove Street
317 Grove StLynchburg, VA 24501
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$925 - $1,150
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available Jul 10Total Monthly Price
Base Rent
$925 - $1,150
Total Monthly Price
$925 - $1,150
White Star Flats
1217 Church StLynchburg, VA 24504
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.
1821 Taylor St
LynchburgVA24504
1815 Park Ave
LynchburgVA24501
900 Polk St
LynchburgVA24504
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$995 - $2,195
Plus Fees
Studio to 3 Bedroom Apartments Available Now12th & Court Lofts
400 12th StLynchburg, VA 24504
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$999 - $1,849
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available Jun 1Total Monthly Price
Base Rent
$900 - $1,750
Required Monthly Fees
$99
Total Monthly Price
$999 - $1,849
Imperial Tobacco Lofts
1220 Commerce StLynchburg, VA 24504
701 Orchard St
LynchburgVA24501
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1 to 4 Bedroom Apartments
Central City and College Hill Homes Apartment
1930 Fort AveLynchburg, VA 24501
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.
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Studio to 2 Bedroom Apartments
Cliffs Edge Lofts
612 Commerce StLynchburg, VA 24504
912 Floyd St
LynchburgVA24501
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1 Bedroom Apartments
503 Church St
503 Church StLynchburg, VA 24504
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1 to 2 Bedroom Apartments
Midpoint Apartments
1101 Jefferson StLynchburg, VA 24504
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Studio to 3 Bedroom Apartments
Red Star Flats
1300 Main StLynchburg, VA 24504
901 Jefferson St
LynchburgVA24502
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1 to 2 Bedroom Apartments
Midtown Lofts
2734 Fort AveLynchburg, VA 24501
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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1 to 3 Bedroom Apartments
Waters at James Crossing
808 Greenfield DrLynchburg, VA 24501
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Studio to 2 Bedroom Apartments
Midtown Lofts
2740 Fort AveLynchburg, VA 24501
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1 to 4 Bedroom Apartments
Lynchburg High Apartments
1301 Park AveLynchburg, VA 24501
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Studio to 2 Bedroom Apartments
River Lofts West
920-926 Commerce StLynchburg, VA 24504
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1 Bedroom Apartments
723 Jefferson Street
723 Jefferson StreetLynchburg, VA 24504
1810 Laurel St
LynchburgVA24504
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2 to 3 Bedroom Apartments
713-715 Clay St
713-715 Clay StLynchburg, VA 24504
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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1 to 2 Bedroom Apartments
Virginia Laundry Lofts
712 12th StLynchburg, VA 24504
209 Clark St
Madison HeightsVA24572
Showing Results 1-30, Page 1 of 1
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 | $911 | $895 | $995 |
| Diamond Hill 1 Bedroom Apartments | $1,189 | $895 | $1,747 |
| Diamond Hill 2 Bedroom Apartments | $1,276 | $795 | $2,250 |
| Diamond Hill 3 Bedroom Apartments | $1,583 | $985 | $2,195 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the Diamond Hill Neighborhood of Lynchburg, VA.
See all Apartments in LynchburgExplore Lynchburg
Diamond Hill, Lynchburg, VA Local Guide
- Nearby Lynchburg neighborhoods
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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 Studio unit found at Midtown on 12th priced from $895. Church Street Townhomes 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 |
|---|---|---|---|
| Midtown on 12th | Studio | Studio,1BA | $895 |
| Church Street Townhomes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $895 |
| 317 Grove Street | 2 Bedroom 1 Bath - 48746 | 2BR,1BA | $910 |
| 12th & Court Lofts | 2nd Floor Studio | Studio,1BA | $995 |
| The Wayne | Uptown Lofts | 1BR,1BA | $1,300 |
| The Humbles Building | 2BR/2.0BA | 2BR,2BA | $1,325 |
Best Value Apartments for Rent in Diamond Hill, VA
As of May 21, 2026 the best value apartment in the Diamond Hill area is the $0.87 price per square foot Uptown Lofts Model at The Wayne in the in the Montview neighborhood starting from $1,300. The second greatest value Diamond Hill apartment is the 2 Bedroom 1 Bath - 48746 Model at 317 Grove Street starting at $910 with a $0.97 price per square foot in the Montview 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. |
|---|---|---|---|
| The Wayne | Uptown Lofts | 1BR,1BA | $0.87 |
| 317 Grove Street | 2 Bedroom 1 Bath - 48746 | 2BR,1BA | $0.97 |
| Midtown on 12th | Studio | Studio ,1BA | $1.07 |
| The Humbles Building | 2BR/2.0BA | 2BR,2BA | $1.89 |
| 12th & Court Lofts | 2nd Floor Studio | Studio ,1BA | $1.66 |
| Church Street Townhomes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.63 |
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.
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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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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 LifestyleDiamond Hill, Lynchburg, VA
Ranked #9
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Diamond Hill, Lynchburg, VA
Paul Laurence Dunbar Mid. For Innov.
Lynchburg City Public Schools
Public School - Grades 6-8 (531)
5 out of 10
School data provided by Great Schools
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 $1,325.
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 $1,622.
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 $284 which is $1,338 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.
Articles, How-To's, and Tips
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.
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.
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.
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.