
Cheap Apartments for Rent in the Downtown Lynchburg Neighborhood of Lynchburg, VA from $300 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lynchburg area of Lynchburg.


1219 Pierce St

Central City and College Hill Homes Apartment

2700 Loraine St
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.

1209 15th St

2210 Park Pl

2914 Langhorne Rd
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.
Downtown Lynchburg, Lynchburg, VA Local Guide

How much does it cost to rent an apartment in Downtown Lynchburg?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Lynchburg Studio Apartments | $995 | $995 | $995 |
Downtown Lynchburg 1 Bedroom Apartments | $1,095 | $696 | $1,558 |
Downtown Lynchburg 2 Bedroom Apartments | $1,522 | $750 | $3,200 |
Downtown Lynchburg 3 Bedroom Apartments | $1,453 | $825 | $1,900 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown Lynchburg Neighborhood of Lynchburg, VA.
See all Apartments in LynchburgExplore Lynchburg
Downtown Lynchburg, Lynchburg, VA Local Guide
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Cheapest Available Downtown Lynchburg Apartments for Rent
 The cheapest available apartment rental in the Downtown Lynchburg area of Lynchburg, VA is a 1 Bed unit found at Elora Gardens Lynchburg priced from $696. Midtown Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Downtown Lynchburg apartments for rent in Lynchburg, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Elora Gardens Lynchburg | 1 Bedroom | 1BR,1BA | $696 |
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 Downtown Lynchburg, VA
As of June 25, 2025 the best value apartment in the Downtown Lynchburg 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 Downtown Lynchburg 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 Downtown Lynchburg 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 |
Elora Gardens Lynchburg | 1 Bedroom | 1BR,1BA | $1.64 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Lynchburg, Lynchburg, VA
Ranked #9
Among neighborhoods in Lynchburg, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Downtown Lynchburg Neighborhood in Lynchburg, VA
Walk Score®
79 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
55 / 100
Bikeable
Some bike infrastructure
Transit Score®
30 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Lynchburg Apartments
What is the price of a cheap apartment in Downtown Lynchburg?
The cheapest apartment in Downtown Lynchburg is Elora Gardens Lynchburg which is listed at $696, while the average apartment in Downtown Lynchburg costs $1,500.
What types of apartments are the cheapest in Downtown Lynchburg?
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 3 regular apartments in Downtown Lynchburg 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 Downtown Lynchburg?
Cheap apartments in Downtown Lynchburg have an average cost of $257 which is $1,243 cheaper than the average rent for all rentals in Downtown Lynchburg.
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.