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1 to 2 Bedroom Apartments Available NowElora Gardens Lynchburg
701 Hollins StLynchburg, VA 24504
Cheap Apartments for Rent in the Downtown Lynchburg Neighborhood of Lynchburg, VA from $300 (1 Rental)
Search the lowest-cost Apartments available for rent right now in the Downtown Lynchburg area of Lynchburg.
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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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 | $907 | $850 | $1,000 |
| Downtown Lynchburg 1 Bedroom Apartments | $1,081 | $595 | $1,600 |
| Downtown Lynchburg 2 Bedroom Apartments | $1,247 | $771 | $2,525 |
| Downtown Lynchburg 3 Bedroom Apartments | $1,490 | $819 | $2,195 |
| Downtown Lynchburg 4 Bedroom Apartments | $1,700 | $1,700 | $1,700 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Downtown Lynchburg, Lynchburg, VA Local Guide
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Best Value Apartments for Rent in Downtown Lynchburg, VA
As of February 21, 2026 the best value apartment in the Downtown Lynchburg area is the $1.06 price per square foot Two Bedroom - Loft Model at Piedmont Flour Mill Lofts in the in the Downtown Lynchburg neighborhood starting from $1,624. The second greatest value Downtown Lynchburg apartment is the Riverview Flats 2BR Model at The Wayne starting at $1,250 with a $1.16 price per square foot in the Downtown Lynchburg 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. |
|---|---|---|---|
| Piedmont Flour Mill Lofts | Two Bedroom - Loft | 2BR,2BA | $1.06 |
| The Wayne | Riverview Flats 2BR | 2BR,1BA | $1.16 |
| Gish Flats | 2x2 | 2BR,2BA | $1.40 |
| Midtown on 12th | Studio | Studio ,1BA | $1.07 |
| White Star Flats | 1BR/1.0BA | 1BR,1BA | $1.30 |
| 605 Harrison St. | 2 Bed 1 Bath | 2BR,1BA | $1.42 |
| Imperial Tobacco Lofts | 1BR/1.0BA | 1BR,1BA | $1.35 |
| 12th & Court Lofts | 2nd Floor Studio | Studio ,1BA | $1.66 |
| Church Street Townhomes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.63 |
| Elora Gardens Lynchburg | 1 Bedroom | 1BR,1BA | $1.64 |
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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Pet Friendly LifestyleDowntown Lynchburg, Lynchburg, VA
Ranked #10
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Downtown Lynchburg Apartments
What is the Cheapest Studio apartment in Downtown Lynchburg?
Currently the most affordable Cheap Studio Apartment in Downtown Lynchburg is at Midtown on 12th listed at $895.
How much is rent for a Cheap One Bedroom Downtown Lynchburg Apartment?
The lowest price for a Cheap One Bedroom Downtown Lynchburg Apartment is $696 at Elora Gardens Lynchburg.
What is the lowest price for a Cheap Two Bedroom Downtown Lynchburg Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Lynchburg is starting from $830 at Elora Gardens Lynchburg.
What is the most affordable Downtown Lynchburg Three Bedroom Apartment?
The best deal on a cheap Downtown Lynchburg Three Bedroom Apartment rental is at Church Street Townhomes and starts from $1,395.
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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.