Cheap Homes for Rent in Downtown Lynchburg Neighborhood of Lynchburg, VA from $400 (8 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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 $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 ListingModel NameBed/BathPriced From
Elora Gardens Lynchburg1 Bedroom1BR,1BA$696
Midtown Lofts1 Bed 1 Bath1BR,1BA$895
Church Street Townhomes2 Bedroom, 1 Bathroom2BR,1BA$995

Best Value Apartments for Rent in Downtown Lynchburg, VA

As of August 19, 2025 the best value apartment in the Downtown Lynchburg area is the $0.69 price per square foot 2BR/2.0BA Model at River Lofts West in the in the College Hill neighborhood starting from $1,240. The second greatest value Downtown Lynchburg apartment is the 1200 Commerce St Model at 1200 Commerce St, Unit 4 starting at $2,300 with a $1.35 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 ListingModel NameBed/BathPrice Per Sq.Ft.
River Lofts West2BR/2.0BA2BR,2BA$0.69
1200 Commerce St, Unit 41200 Commerce St2BR,2BA$1.35
Krise Luxury Lofts1BR/1.5BA1BR,1.5BA$1.25
206 11th St2 Beds, 2 baths2BR,2BA$1.30
Church Street Townhomes3 Bedroom, 1.5 Bathroom3BR,1.5BA$1.70
Piedmont Flour Mill LoftsTwo Bedroom2BR,1BA$1.62
The WayneCourtyard1BR,1BA$1.45
Midtown Lofts1 Bed 1 Bath1BR,1BA$1.19
White Star Flats1BR/1.0BA1BR,1BA$1.77
Elora Gardens Lynchburg1 Bedroom1BR,1BA$1.64

Quick Rent Budget Calculator

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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

3.5
Pet Friendly

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Frequently Asked Questions about Downtown Lynchburg

What type of rentals are currently available in Downtown Lynchburg?

There are currently 72 Apartments for Rent in Downtown Lynchburg, VA with pricing that ranges from $595 to $4,950. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lynchburg ranging from $470 to $1,695.

What is the current price range for Rental Homes in Downtown Lynchburg?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lynchburg ranges from $470 to $1,695 with an average monthly rent of $893.

How much are larger Three and Four Bedroom Rentals in Downtown Lynchburg?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Lynchburg range from $850 to $2,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $1,695. Four Bedroom Single-Family rentals are also available starting from $470 and Four Bedroom Apartments start at $1,650.

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.

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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.