Cheap Homes for Rent in Lynchburg, VA from $400 (199 Rentals)

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

property at 1600 Wards Ferry Rd

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

1 Bedroom, 1.5 Bath Townhome for Rent

Available Jul 13

1600 Wards Ferry Rd

LynchburgVA24502

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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property at 1209 15th St

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875
Total Monthly Price
$875

2 Bedroom, 1 Bath Home for Rent

Available Now

1209 15th St

LynchburgVA24504

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 901 Fifth St

$995 - $1,495

1 To 3 Bedroom Rentals

Available Now

901 Fifth St

LynchburgVA24504
property at 204 Connecticut Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

204 Connecticut Ave

LynchburgVA24502

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.

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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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Showing Results 1-50, Page 1 of 4

Lynchburg, VA Local Guide

Cheapest Neighborhoods for Apartments in Lynchburg, VA

Pricing Updated: 02/19/2026

Current apartment rentals in the Lynchburg, VA area range in price from $595 to $2,901 with an overall median price of $1,517. The three Lynchburg neighborhoods with the lowest median rent pricing are College Hill at $675, Fort Hill at $659, and Dearington at $595. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lynchburg Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
College Hill$1,450$67540
Fort Hill$1,470$659133
Dearington$1,495$59597
Rivermont$1,495$595184
Tate Springs$1,495$595118
Diamond Hill$1,500$77134
Downtown Lynchburg$1,500$59538
Montview$1,500$77065
Cornerstone$1,590$790152
Sandusky$1,600$659186

Cheapest Available Lynchburg Apartments for Rent

 

The cheapest available apartment rental in Lynchburg, VA is a 1 Bed unit found at Elora Gardens Lynchburg in the Tate Springs neighborhood priced from $696. Rivermont Park in the Tate Springs neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here is today’s list of the most affordable Lynchburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elora Gardens Lynchburg1 Bedroom1BR,1BA$696
Rivermont ParkStudioStudio,1BA$749
Forestside Apartments1B 1 BA1BR,1BA$770
Imperial Tobacco Lofts1BR/1.0BA1BR,1BA$800
Beechwood1 Bed/ 1 Bath1BR,1BA$820
Bramblewood Apartments2BR/1.0BA2BR,1BA$849
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$859
Huntingwood Apartments1 Bed, 1 bath1BR,1BA$895
Ivy Ridge2 BR2BR,1BA$895

Best Value Apartments for Rent in Lynchburg, VA

As of February 19, 2026 the best value apartment in the Lynchburg area is the $0.44 price per square foot CSQ II Model at The Vue at College Square (Student Housing) in the in the Montview neighborhood starting from $750. The second greatest value Lynchburg apartment is the 2 Bed 2.5 Bath w/Den Model at The Modern starting at $1,800 with a $1.07 price per square foot in the Wyndhurst neighborhood. Here is today’s list of the best values for Lynchburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Vue at College Square (Student Housing)CSQ II3BR,3.5BA$0.44
The Modern2 Bed 2.5 Bath w/Den2BR,2.5BA$1.07
1325-1331 Ruffner Pl4 BR 1.5 Bath4BR,1.5BA$0.97
Piedmont Flour Mill LoftsTwo Bedroom - Loft2BR,2BA$1.06
The Reserve -All Utilities Included&Furnished3 Bedroom - All Inclusive3BR,3.5BA$0.58
Kendall Square3 Bed/ 2 Bath3BR,2BA$1.01
The Flats at Cornerstone (Student Housing)The Flats3BR,3BA$0.58
Forestbrook Apartments3 Bed/ 2 Bath3BR,2BA$0.98
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$0.98
Midtown on 12thStudioStudio ,1BA$1.07

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Best Local Schools in
Lynchburg, VA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lynchburg, VA Rentals by Map

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Frequently Asked Questions about Lynchburg

What type of rentals are currently available in Lynchburg?

There are currently 239 Apartments for Rent in Lynchburg, VA with pricing that ranges from $595 to $2,901. There are also 345 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lynchburg ranging from $470 to $3,595.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lynchburg ranges from $470 to $3,595 with an average monthly rent of $1,661.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lynchburg range from $819 to $2,901, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $3,495. Four Bedroom Single-Family rentals are also available starting from $470 and Four Bedroom Apartments start at $1,000.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.