209 Clark St
Madison HeightsVA24572
Cheap Homes for Rent in Downtown Lynchburg Neighborhood of Lynchburg, VA from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lynchburg area of Lynchburg.
912 Floyd St
LynchburgVA24501
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$8501 Bedroom Apartments Available Jun 1
431 Blackford St, Unit Apt 2
431 Blackford 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.
901 Jefferson St
LynchburgVA24502
905 Centerdale St
LynchburgVA24501
1810 Laurel St
LynchburgVA24504
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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Downtown Lynchburg, Lynchburg, VA Local Guide
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 | $1,031 | $795 | $1,325 |
| Downtown Lynchburg 3 Bedroom Homes for Rent | $1,426 | $600 | $1,800 |
| Downtown Lynchburg 4 Bedroom Homes for Rent | $1,932 | $1,700 | $2,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 6 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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Cheapest Available Downtown Lynchburg Apartments for Rent
The cheapest available apartment rental in the Downtown Lynchburg area of Lynchburg, VA is a Studio unit found at Midtown on 12th priced from $895. Church Street Townhomes 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Midtown on 12th | Studio | Studio,1BA | $895 |
| Church Street Townhomes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $895 |
| 317 Grove Street | 2 Bedroom 1 Bath - 48746 | 2BR,1BA | $910 |
Best Value Apartments for Rent in Downtown Lynchburg, VA
As of May 25, 2026 the best value apartment in the Downtown Lynchburg area is the $0.97 price per square foot 2 Bedroom 1 Bath - 48746 Model at 317 Grove Street in the in the Montview neighborhood starting from $910. The second greatest value Downtown Lynchburg apartment is the Courtyard 2nd Floor Model at The Wayne starting at $1,250 with a $1.45 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 317 Grove Street | 2 Bedroom 1 Bath - 48746 | 2BR,1BA | $0.97 |
| The Wayne | Courtyard 2nd Floor | 1BR,1BA | $1.45 |
| Midtown on 12th | Studio | Studio ,1BA | $1.07 |
| The Humbles Building | 2BR/2.0BA | 2BR,2BA | $1.89 |
| 12th & Court Lofts | 2nd Floor Studio | Studio ,1BA | $1.66 |
| Church Street Townhomes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.63 |
| Elora Gardens Lynchburg | 1 Bedroom | 1BR,1BA | $2.34 |
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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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 LifestyleDowntown Lynchburg, Lynchburg, VA
Ranked #9
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Downtown Lynchburg
What type of rentals are currently available in Downtown Lynchburg?
There are currently 66 Apartments for Rent in Downtown Lynchburg, VA with pricing that ranges from $795 to $2,250. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lynchburg ranging from $600 to $2,200.
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 $600 to $2,200 with an average monthly rent of $1,316.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.