Cheap Homes for Rent in Downtown Lynchburg Neighborhood of Lynchburg, VA from $700 (9 Rentals)

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

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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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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Showing Results 1-9, Page 1 of 1

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. Church Street Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here are the most affordable Downtown Lynchburg apartments for rent in Lynchburg, VA:

Apartment ListingModel NameBed/BathPriced From
Elora Gardens Lynchburg1 Bedroom1BR,1BA$696
Church Street Townhomes2 Bedroom, 1 Bathroom2BR,1BA$995
12th & Court Lofts2nd Floor 1 Bed1BR,1BA$1,000

Best Value Apartments for Rent in Downtown Lynchburg, VA

As of October 07, 2025 the best value apartment in the Downtown Lynchburg area is the $0.72 price per square foot 2BR/2.0BA Model at River Lofts West in the in the College Hill neighborhood starting from $1,290. The second greatest value Downtown Lynchburg apartment is the 3BR/3.5BA Model at Imperial Tobacco Lofts starting at $1,700 with a $0.98 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$0.72
Imperial Tobacco Lofts3BR/3.5BA3BR,3.5BA$0.98
405 Harrison St, Unit 2405 Harrison St3BR,2BA$1.11
1025 Church St3x23BR,2BA$1.04
Gish Flats1x11BR,1BA$0.92
Church Street Townhomes3 Bedroom, 1.5 Bathroom3BR,1.5BA$1.70
The WayneCourtyard1BR,1BA$1.22
Virginia Laundry Lofts1BR/1.5BA1BR,1.5BA$1.68
12th & Court Lofts2nd Floor 1 Bed1BR,1BA$1.67
Elora Gardens Lynchburg1 Bedroom1BR,1BA$1.64

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downtown Lynchburg, Lynchburg, VA

Ranked #11

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 Downtown Lynchburg

What type of rentals are currently available in Downtown Lynchburg?

There are currently 69 Apartments for Rent in Downtown Lynchburg, VA with pricing that ranges from $695 to $3,259. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lynchburg ranging from $750 to $2,850.

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 $750 to $2,850 with an average monthly rent of $1,334.

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 $1,095 to $2,195, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,850. Four Bedroom Single-Family rentals are also available starting from $1,275 and Four Bedroom Apartments start at $3,259.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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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.