
Cheap Homes for Rent in Diamond Hill Neighborhood of Lynchburg, VA from $600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Diamond Hill area of Lynchburg.


2536 Carter St

1209 15th St

2210 Park Pl
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.

2914 Langhorne Rd

1111 15th St

804 Wise St

511 Florida Ave
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.

1517 Garfield Ave
Diamond Hill, Lynchburg, VA Local Guide

How much does it cost to rent a home in Diamond Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Diamond Hill 2 Bedroom Homes for Rent | $1,015 | $650 | $2,100 |
Diamond Hill 3 Bedroom Homes for Rent | $1,448 | $950 | $1,900 |
Diamond Hill 4 Bedroom Homes for Rent | $2,125 | $1,900 | $2,350 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 Midtown Lofts 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 Lofts | 1 Bed 1 Bath | 1BR,1BA | $895 |
Church Street Townhomes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $895 |
12th & Court Lofts | 2nd Floor Corner Units | 1BR,1BA | $1,295 |
Best Value Apartments for Rent in Diamond Hill, VA
As of June 26, 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 1016 Jefferson St Model at 1016 Jefferson St, Unit #5 starting at $3,200 with a $2.13 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1200 Commerce St, Unit 4 | 1200 Commerce St | 2BR,2BA | $1.35 |
1016 Jefferson St, Unit #5 | 1016 Jefferson St | 2BR,2BA | $2.13 |
Church Street Townhomes | 3 Bedroom, 1.5 Bathroom | 3BR,1.5BA | $1.70 |
Piedmont Flour Mill Lofts | Two Bedroom | 2BR,1BA | $1.62 |
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 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Diamond Hill
What type of rentals are currently available in Diamond Hill?
There are currently 66 Apartments for Rent in Diamond Hill, VA with pricing that ranges from $750 to $3,200. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Diamond Hill ranging from $650 to $2,350.
What is the current price range for Rental Homes in Diamond Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Diamond Hill ranges from $650 to $2,350 with an average monthly rent of $1,345.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.