Cheap Homes for Rent in Lynchburg, VA from $500 (99 Rentals)

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

property at 117 Williams Rd

$535

Total Monthly Price

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Base Rent
$535

Total Monthly Price
$535

1 Bedroom, 1 Bath Townhome for Rent

Available Jun 1

117 Williams Rd

Madison HeightsVA24572
property at 113 Williams Rd

$535

Total Monthly Price

Total Monthly Price

Base Rent
$535

Total Monthly Price
$535

5 Bedroom, 5 Bath Townhome for Rent

Available Aug 1

113 Williams Rd

Madison HeightsVA24572
property at 105 Williams Rd

$535

Total Monthly Price

Total Monthly Price

Base Rent
$535

Total Monthly Price
$535

5 Bedroom, 5 Bath Townhome for Rent

Available Aug 7

105 Williams Rd

Madison HeightsVA24572
property at 209 Clark St

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

3 Bedroom, 2 Bath Home for Rent

Available Aug 1

209 Clark St

Madison HeightsVA24572
property at 1600 Wards Ferry Rd

$650

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650

1 Bedroom, 1 Bath Townhome for Rent

Available Now

1600 Wards Ferry Rd

LynchburgVA24502
property at 1917 #16 Rainbow FRST

$675

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$675

Total Monthly Price
$675

1 Bedroom, 1 Bath Home for Rent

Available Now

1917 #16 Rainbow FRST

LynchburgVA24502
property at 2908 Carroll Ave

$795

Total Monthly Price12 Month Lease Term

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Base Rent
$795

Total Monthly Price
$795

2 Bedroom, 1 Bath Home for Rent

Available Jul 5

2908 Carroll Ave

LynchburgVA24501
property at 912 Floyd St

$795

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Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

2 Bedroom, 1 Bath Condo for Rent

Available Now

912 Floyd St

LynchburgVA24501
property at 1229 Wood Rd

$800 - $1,200

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Base Rent
$800

Total Monthly Price
$800

Studio To 2 Bedroom Rentals

Available Now

1229 Wood Rd

LynchburgVA24502
property at 1112 Bedford Ave

$895

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Base Rent
$895

Total Monthly Price
$895

1 Bedroom, 1 Bath Condo for Rent

Available Now

1112 Bedford Ave

LynchburgVA24504

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.

property at 905 Centerdale St

$895

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Sep 5

905 Centerdale St

LynchburgVA24501
property at 103 Willow St

$895

Total Monthly Price

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Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

103 Willow St

LynchburgVA24503

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.

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.

property at 111 McBrandon Dr

$900

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 2 Bath Townhome for Rent

Available Jul 31

111 McBrandon Dr

Madison HeightsVA24572

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.

property at 4611 Fairmont Ave

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

3 Bedroom, 1 Bath Home for Rent

Available Jul 5

4611 Fairmont Ave

LynchburgVA24502
property at 1218 Shirley Rd

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

1218 Shirley Rd

LynchburgVA24502
property at 110 Langhorne Ln

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Townhome for Rent

Available Now

110 Langhorne Ln

LynchburgVA24501
property at 156 Cedar Crest Dr

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1.5 Bath Townhome for Rent

Available May 22

156 Cedar Crest Dr

Madison HeightsVA24572
property at 1810 Laurel St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1 Bath Home for Rent

Available Now

1810 Laurel St

LynchburgVA24504
property at 42 Countryplace Ln

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1.5 Bath Townhome for Rent

Available May 25

42 Countryplace Ln

LynchburgVA24501

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.

Lynchburg, VA Local Guide

Cheapest Neighborhoods for Apartments in Lynchburg, VA

Pricing Updated: 05/21/2026

Current apartment rentals in the Lynchburg, VA area range in price from $684 to $3,300 with an overall median price of $1,567. The three Lynchburg neighborhoods with the lowest median rent pricing are Rivermont at $695, Tate Springs at $695, and Dearington at $695. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lynchburg Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Rivermont$1,223$69569
Tate Springs$1,300$695108
Dearington$1,350$69581
College Hill$1,622$79524
Diamond Hill$1,622$79521
Downtown Lynchburg$1,622$79521
Cornerstone$1,700$68468
Fort Hill$1,700$68494
Montview$1,700$68436
Sandusky$1,700$684104

Cheapest Available Lynchburg Apartments for Rent

 

The cheapest available apartment rental in Lynchburg, VA is a 1 Bed unit found at Miller's Rest Apartments in the Wyndhurst neighborhood priced from $684. Dumont Apartments in the Tate Springs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Lynchburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Miller's Rest ApartmentsRhine1BR,1BA$684
Dumont Apartments1BR/1.0BA1BR,1BA$695
The Timbers1 Bedroom, 1 Bathroom1BR,1BA$714
Wesley Apartments - Senior Living CommunityStudio (Stair Access)Studio,1BA$790
McCausland Ridge2BR/1.0BA2BR,1BA$795
The Greenbrier ApartmentsOne Bedroom - Renovated1BR,1BA$800
Beechwood1 Bed/ 1 Bath1BR,1BA$820
44 Moss Creek Apartments2BR/1.0BA2BR,1BA$825
Bramblewood Apartments2BR/1.0BA2BR,1BA$849
Rivermont ParkStudioStudio,1BA$859

Best Value Apartments for Rent in Lynchburg, VA

As of May 21, 2026 the best value apartment in the Lynchburg area is the $0.87 price per square foot Uptown Lofts Model at The Wayne in the in the Montview neighborhood starting from $1,300. The second greatest value Lynchburg apartment is the 3 Bed/ 2 Bath Model at Kendall Square starting at $1,430 with a $1.01 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 WayneUptown Lofts1BR,1BA$0.87
Kendall Square3 Bed/ 2 Bath3BR,2BA$1.01
Ivy Creek Apartments3BR/1.5BA3BR,1.5BA$0.79
Forestbrook Apartments3 Bed/ 2 Bath with Den3BR,2BA$1.02
Boonsboro Village Apartments2 Bedroom, 1.5 Bath2BR,1.5BA$1.01
Miller's Rest ApartmentsPritchell2BR,2BA$0.85
317 Grove Street2 Bedroom 1 Bath - 487462BR,1BA$0.97
44 Moss Creek Apartments2BR/1.0BA2BR,1BA$0.97
McCausland Ridge2BR/1.0BA2BR,1BA$0.94
Dumont Apartments1BR/1.0BA1BR,1BA$0.87

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.

Read Article
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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.

Read Article
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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 227 Apartments for Rent in Lynchburg, VA with pricing that ranges from $684 to $3,212. There are also 242 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lynchburg ranging from $535 to $3,495.

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 $535 to $3,495 with an average monthly rent of $1,520.

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 $895 to $2,790, while Three Bedroom Homes, Condos, and Townhomes for rent range from $600 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $1,615.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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.