Cheap Homes for Rent in the Downtown Lynchburg Neighborhood of Lynchburg, VA from $750 (10 Rentals)

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

property at 2228 Tulip St
$750

Total Monthly Price

Base Rent$750

Total Monthly Price$750
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

2228 Tulip St

LynchburgVA24504
property at 912 Floyd St
$795

Total Monthly Price

Base Rent$795

Total Monthly Price$795
2 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

912 Floyd St

LynchburgVA24501
property at 2200 Memorial Ave
$850

Total Monthly Price

Base Rent$850

Total Monthly Price$850
2 Bedroom, 1 Bath Townhome for Rent
Available Sep 18
Affordability

2200 Memorial Ave

LynchburgVA24501
property at 512 Stuart St
$875

Total Monthly Price

Base Rent$875

Total Monthly Price$875
12 Month Lease Term
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

512 Stuart St

LynchburgVA24501
property at 2249 Aragon St
$895

Total Monthly Price

Base Rent$895

Total Monthly Price$895
12 Month Lease Term
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

2249 Aragon St

LynchburgVA24501

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property at 709 Jackson St
$950

Total Monthly Price

Base Rent$950

Total Monthly Price$950
2 Bedroom, 1 Bath Home for Rent
Available Nov 13
Affordability

709 Jackson St

LynchburgVA24504
property at 11 Beverly St
$995

Total Monthly Price

Base Rent$995

Total Monthly Price$995
2 Bedroom, 1 Bath Home for Rent
Available Sep 25
Affordability

11 Beverly St

LynchburgVA24501
property at 1810 Laurel St
$995

Total Monthly Price

Base Rent$995

Total Monthly Price$995
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1810 Laurel St

LynchburgVA24504
property at 1311 13th St
$1,045

Total Monthly Price

Base Rent$1,045

Total Monthly Price$1,045
2 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

1311 13th St

LynchburgVA24504

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

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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 $854. 1701 12th Street 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$854
1701 12th Street1701 12th Street - 3011BR,1BA$895
Church Street Townhomes2 Bedroom, 1 Bathroom2BR,1BA$995

Best Value Apartments for Rent in Downtown Lynchburg, VA

As of September 07, 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 2x2 Model at Gish Flats starting at $1,399 with a $1.40 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1016 Jefferson St, Unit #41016 Jefferson St2BR,2BA$1.42
Gish Flats2x22BR,2BA$1.40
1504 Pierce St1504 Pierce St2BR,1BA$1.40
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 - 204Studio ,1BA$1.40
12th & Court Lofts1st Floor StudioStudio ,1BA$1.83
Midpoint1BR/1.0BA1BR,1BA$1.85
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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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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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 Downtown Lynchburg

What type of rentals are currently available in Downtown Lynchburg?

There are currently 75 Apartments for Rent in Downtown Lynchburg, VA with pricing that ranges from $745 to $2,300. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lynchburg ranging from $750 to $3,300.

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 $3,300 with an average monthly rent of $1,461.

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 Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.