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$651 - $932
Total Monthly Price12 Month Lease Term
2 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$651 - $932
Total Monthly Price
$651 - $932
Jobbers Overall
1501 Kemper StLynchburg, VA 24501
Cheap Apartments for Rent in the Downtown Lynchburg Neighborhood of Lynchburg, VA from $300 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lynchburg area of Lynchburg.
1401 Garfield Ave
LynchburgVA24501
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$696
Plus Fees
1 Bedroom Apartments Available NowElora Gardens Lynchburg
701 Hollins StLynchburg, VA 24504
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$750Studio Apartments Available Now
1415 Kemper St
1415 Kemper StLynchburg, VA 24501
1009 4th St
LynchburgVA24504
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.
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1 to 4 Bedroom Apartments
Central City and College Hill Homes Apartment
1930 Fort AveLynchburg, VA 24501
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Studio to 2 Bedroom Apartments
Cliffs Edge Lofts
612 Commerce StLynchburg, VA 24504
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1 Bedroom Apartments
503 Church St
503 Church StLynchburg, VA 24504
912 Floyd St
LynchburgVA24501
381 Main St
Madison HeightsVA24572
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.
209 Clark St
Madison HeightsVA24572
Showing Results 1-11, Page 1 of 1
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 | $924 | $750 | $1,000 |
| Downtown Lynchburg 1 Bedroom Apartments | $1,147 | $695 | $1,600 |
| Downtown Lynchburg 2 Bedroom Apartments | $1,355 | $651 | $3,300 |
| Downtown Lynchburg 3 Bedroom Apartments | $1,494 | $740 | $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 11 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
- Nearby Lynchburg neighborhoods
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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 2 Beds unit found at Jobbers Overall priced from $651. Elora Gardens Lynchburg has the second lowest priced unit, which is a 1 Bed apartment currently listed from $696. Here are the most affordable Downtown Lynchburg apartments for rent in Lynchburg, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jobbers Overall | 2 Bed | 2BR,2BA | $651 |
| Elora Gardens Lynchburg | 1 Bedroom | 1BR,1BA | $696 |
| Church Street Townhomes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $895 |
| The Humbles Building | 1BR/1.0BA | 1BR,1BA | $995 |
| 12th & Court Lofts | 2nd Floor Studio | Studio,1BA | $995 |
Best Value Apartments for Rent in Downtown Lynchburg, VA
As of April 10, 2026 the best value apartment in the Downtown Lynchburg area is the $0.81 price per square foot 2BR/2.0BA Model at River Lofts West in the in the College Hill neighborhood starting from $1,445. The second greatest value Downtown Lynchburg apartment is the One Bedroom Model at Piedmont Flour Mill Lofts starting at $1,099 with a $0.92 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. |
|---|---|---|---|
| River Lofts West | 2BR/2.0BA | 2BR,2BA | $0.81 |
| Piedmont Flour Mill Lofts | One Bedroom | 1BR,1BA | $0.92 |
| The Wayne | Riverview Flats 2BR | 2BR,1BA | $1.16 |
| 317 Grove Street | 2 Bedroom 1 Bath - 48748 | 2BR,1BA | $1.07 |
| Jobbers Overall | 2 Bed | 2BR,2BA | $0.72 |
| Gish Flats | 1x1 | 1BR,1BA | $1.55 |
| 12th & Court Lofts | 2nd Floor Studio | Studio ,1BA | $1.66 |
| Church Street Townhomes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.63 |
| The Humbles Building | 1BR/1.0BA | 1BR,1BA | $1.99 |
| Elora Gardens Lynchburg | 1 Bedroom | 1BR,1BA | $1.64 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 LifestyleDowntown Lynchburg, Lynchburg, VA
Ranked #10
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Lynchburg Apartments
What is a cheap apartment in Downtown Lynchburg?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Lynchburg is under $1,445.
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 $1,495.
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 2 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 $222 which is $1,273 cheaper than the average rent for all rentals in Downtown Lynchburg.
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
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.
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.