Cheap Apartments for Rent in the Downtown Lynchburg Neighborhood of Lynchburg, VA from $367 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Lynchburg area of Lynchburg.

property at 2380 Aragon St

$695

Total Monthly Price

Total Monthly Price

Base Rent
$695

Total Monthly Price
$695

1 Bedroom, 1 Bath Home for Rent

Available Now

2380 Aragon St

LynchburgVA24501
property at 1716 Church St

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

1 Bedroom, 1 Bath Home for Rent

Available Aug 24

1716 Church St

LynchburgVA24504
property at 708 Court St

$820

Total Monthly Price

Total Monthly Price

Base Rent
$820

Total Monthly Price
$820

1 Bedroom, 1 Bath Home for Rent

Available Nov 5

708 Court St

LynchburgVA24504
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Jobbers Overall
$864 - $996
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$864 - $996

Total Monthly Price
$864 - $996
2 to 3 Bedroom Apartments Contact Us For Availability

Jobbers Overall

1501 Kemper StLynchburg, VA 24501
Affordability
  • Verified
  • Utilities Included
property at 512 Stuart St

$875

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

2 Bedroom, 1 Bath Home for Rent

Available Now

512 Stuart St

LynchburgVA24501

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Imperial Tobacco Lofts
$1,049 - $1,348
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950 - $1,249
Required Monthly Fees
$99

Total Monthly Price
$1,049 - $1,348
1 Bedroom Apartments Available Sep 1

Imperial Tobacco Lofts

1220 Commerce StLynchburg, VA 24504
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 1000 Taylor St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Now

1000 Taylor St

LynchburgVA24504
property at 611 7th St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

3 Bedroom, 2 Bath Home for Rent

Available Now

611 7th St

LynchburgVA24504
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Cliffs Edge Lofts
Studio to 2 Bedroom Apartments

Cliffs Edge Lofts

612 Commerce StLynchburg, VA 24504
  • Utilities Included
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503 Church St
1 Bedroom Apartments

503 Church St

503 Church StLynchburg, VA 24504

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 912 Floyd St

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

2 Bedroom, 1 Bath Condo for Rent

Available Now

912 Floyd St

LynchburgVA24501
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The Virginian Lofts
1 Bedroom Apartments

The Virginian Lofts

301 Rivermont AveLynchburg, VA 24504
  • Utilities Included
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Red Star Flats
Studio to 3 Bedroom Apartments

Red Star Flats

1300 Main StLynchburg, VA 24504
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River Lofts West
Studio to 2 Bedroom Apartments

River Lofts West

920-926 Commerce StLynchburg, VA 24504
property at 2249 Aragon St

$895

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

2249 Aragon St

LynchburgVA24501
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Midtown Lofts
1 to 2 Bedroom Apartments

Midtown Lofts

2734 Fort AveLynchburg, VA 24501
  • Utilities Included
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Midtown Lofts
Studio to 2 Bedroom Apartments

Midtown Lofts

2740 Fort AveLynchburg, VA 24501
  • Utilities Included
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317 Grove Street
2 Bedroom Apartments

317 Grove Street

317 Grove StLynchburg, VA 24501

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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1701 12th Street
Studio to 1 Bedroom Apartments

1701 12th Street

1701 12th StLynchburg, VA 24501
  • Utilities Included
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723 Jefferson Street
1 Bedroom Apartments

723 Jefferson Street

723 Jefferson StreetLynchburg, VA 24504
  • Utilities Included
property at 1810 Laurel St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1 Bath Home for Rent

Available Now

1810 Laurel St

LynchburgVA24504
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Midpoint
1 to 2 Bedroom Apartments

Midpoint

1101 Jefferson StLynchburg, VA 24504
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713-715 Clay St
2 to 3 Bedroom Apartments

713-715 Clay St

713-715 Clay StLynchburg, VA 24504
  • Smoke Free
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Washington Street
1 to 2 Bedroom Apartments

Washington Street

310-312 Washington 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.

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White Star Flats
1 to 2 Bedroom Apartments

White Star Flats

1217 Church StLynchburg, VA 24504
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100 Horseford Rd
Studio to 2 Bedroom Apartments

100 Horseford Rd

100 Horseford RdLynchburg, VA 24504
property at 1311 13th St

$1,045

Total Monthly Price

Total Monthly Price

Base Rent
$1,045

Total Monthly Price
$1,045

2 Bedroom, 2 Bath Home for Rent

Available Now

1311 13th St

LynchburgVA24504
property at 2020 Rose Ln

$1,095

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Now

2020 Rose Ln

LynchburgVA24501
property at 1507 6th St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

4 Bedroom, 1 Bath Home for Rent

Available Now

1507 6th St

LynchburgVA24501
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Watt House
1 Bedroom Apartments

Watt House

1007 Court StLynchburg, VA 24504
  • Smoke Free
property at 130 8th St

$745

Total Monthly Price

Total Monthly Price

Base Rent
$745

Total Monthly Price
$745

1 Bedroom, 1 Bath Home for Rent

Available Now

130 8th 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.

property at 100 Otway Dr

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom Rentals

Available Now

100 Otway Dr

Madison HeightsVA24572

Downtown Lynchburg, Lynchburg, VA Local Guide

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 $854. 1701 12th Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Downtown Lynchburg apartments for rent in Lynchburg, VA:

Apartment ListingModel NameBed/BathPriced From
Elora Gardens Lynchburg1 Bedroom1BR,1BA$854
1701 12th Street1701 12th Street - 4051BR,1BA$925
Church Street Townhomes2 Bedroom, 1 Bathroom2BR,1BA$995
12th & Court Lofts1st Floor StudioStudio,1BA$1,095
The Humbles Building2BR/2.0BA2BR,2BA$1,325
River Lofts West2BR/2.0BA2BR,2BA$1,455
Wills-Camp Lofts2 Bed 1 Bath2BR,1BA$1,595
Krise Luxury Lofts1BR/1.5BA1BR,1BA$1,875

Best Value Apartments for Rent in Downtown Lynchburg, VA

As of August 23, 2026 the best value apartment in the Downtown Lynchburg area is the $1.42 price per square foot 1016 Jefferson St Model at 1016 Jefferson St, Unit #4 in the in the College Hill neighborhood starting from $1,650. The second greatest value Downtown Lynchburg apartment is the 1504 Pierce St Model at 1504 Pierce St starting at $1,500 with a $1.50 price per square foot in the Montview neighborhood. Here is today’s list of the best values for Downtown Lynchburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1016 Jefferson St, Unit #41016 Jefferson St2BR,2BA$1.42
1504 Pierce St1504 Pierce St2BR,1BA$1.50
Krise Luxury Lofts1BR/1.5BA1BR,1.5BA$2.09
River Lofts West2BR/2.0BA2BR,2BA$1.67
Church Street Townhomes2 Bedroom, 1 Bathroom2BR,1BA$1.33
The Humbles Building2BR/2.0BA2BR,2BA$1.89
1701 12th Street1701 12th Street - 405Studio ,1BA$1.45
12th & Court Lofts1st Floor StudioStudio ,1BA$1.83
Wills-Camp Lofts2 Bed 1 Bath2BR,1BA$2.66
Elora Gardens Lynchburg1 Bedroom1BR,1BA$2.01

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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Quick Rent Budget Calculator

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 Lifestyle
Downtown Lynchburg, Lynchburg, VA

Ranked #10

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 $1,875.

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 $854, while the average apartment in Downtown Lynchburg costs $1,195.

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.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.