2700 Loraine St
LynchburgVA24504
Cheap Homes for Rent in Downtown Lynchburg Neighborhood of Lynchburg, VA from $700 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lynchburg area of Lynchburg.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
905 Centerdale St
LynchburgVA24501
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Downtown Lynchburg, Lynchburg, VA Local Guide
Corner of Main and 12th Street by Nannette Turner is licensed under CC BY 2.0
How much does it cost to rent a home in Downtown Lynchburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lynchburg 2 Bedroom Homes for Rent | $1,092 | $825 | $1,295 |
| Downtown Lynchburg 3 Bedroom Homes for Rent | $1,490 | $950 | $1,895 |
| Downtown Lynchburg 4 Bedroom Homes for Rent | $1,875 | $1,850 | $1,900 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Downtown Lynchburg Neighborhood of Lynchburg, VA.
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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 May 14, 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 Two Bedroom - Loft Model at Piedmont Flour Mill Lofts starting at $1,665 with a $1.09 price per square foot in the Tate Springs 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 |
| Piedmont Flour Mill Lofts | Two Bedroom - Loft | 2BR,2BA | $1.09 |
| 1025 Church St, Unit A | 1025 Church St | 1BR,1.5BA | $1.02 |
| Town Center Apartments | 3 Bed/2 Bath Type 1 | 3BR,2BA | $1.25 |
| 1016 Jefferson St, Unit #2 | 1016 Jefferson St | 2BR,2BA | $1.38 |
| Park Place Apartments | 3BR/2BA Renovated | 3BR,2BA | $1.16 |
| The Wayne | Riverview Two's | 2BR,2BA | $1.51 |
| Midtown Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.19 |
| Garland Rodes Apartments | One Bedroom | 1BR,1BA | $1.47 |
| Palmera House Apartments | Palmera House Apts | 1BR,1BA | $1.47 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Downtown Lynchburg
What type of rentals are currently available in Downtown Lynchburg?
There are currently 78 Apartments for Rent in Downtown Lynchburg, VA with pricing that ranges from $500 to $3,200. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lynchburg ranging from $825 to $2,195.
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 $825 to $2,195 with an average monthly rent of $1,663.
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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.