Cheap Homes for Rent in Lynchburg, VA from $500 (157 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 117 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

117 Williams Rd

Madison HeightsVA24572
property at 107 Williams Rd

$535

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$535
Total Monthly Price
$535

1 Bedroom, 1 Bath Townhome for Rent

Available Aug 1

107 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 Now

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 1600 Wards Ferry Rd

$750

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

1 Bedroom, 1.5 Bath Townhome for Rent

Available Soon

1600 Wards Ferry Rd

LynchburgVA24502
property at 155 Pomona Dr

$785

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$785
Total Monthly Price
$785

2 Bedroom, 1 Bath Home for Rent

Available Now

155 Pomona Dr

Madison HeightsVA24572
property at 912 Floyd St

$795

Total Monthly Price

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 2908 Carroll Ave

$795

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$795
Total Monthly Price
$795

2 Bedroom, 1 Bath Home for Rent

Available Now

2908 Carroll Ave

LynchburgVA24501
property at 4509 Brooklawn Cir

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Aug 22

4509 Brooklawn Cir

LynchburgVA24502

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.

Read Article
property at 1112 Bedford Ave

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895
Total Monthly Price
$895

1 Bedroom, 1 Bath Condo for Rent

Available Now

1112 Bedford Ave

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.

Read Article

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.

Read Article

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.

Read Article
property at 4914 Fort Ave

$945

Total Monthly Price

Total Monthly Price

Base Rent
$945
Total Monthly Price
$945

2 Bedroom, 1 Bath Condo for Rent

Available Now

4914 Fort Ave

LynchburgVA24502

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
Showing Results 1-50, Page 1 of 4

Lynchburg, VA Local Guide

Cheapest Neighborhoods for Apartments in Lynchburg, VA

Pricing Updated: 07/05/2026

Current apartment rentals in the Lynchburg, VA area range in price from $684 to $2,586 with an overall median price of $1,536. 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$1,235$69595
Tate Springs$1,280$69571
Dearington$1,300$69557
College Hill$1,395$79520
Diamond Hill$1,395$69514
Downtown Lynchburg$1,395$69518
Cornerstone$1,750$68499
Wyndhurst$1,750$684112
Fort Hill$1,800$68477
Montview$1,800$68427

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
Woodbine, LLC1BR/1.0BA1BR,1BA$700
Cardinal's Crest Apartments1 Bedroom1BR,1BA$770
Landover Apartments1 Bed, 1 bath1BR,1BA$790
Wesley Apartments - Senior Living CommunityStudio (UFAS/Accesible)Studio,1BA$790
McCausland Ridge2BR/1.0BA2BR,1BA$795
BeechwoodLarge 1 Bed/ 1 Bath1BR,1BA$845
Bramblewood Apartments2BR/1.0BA2BR,1BA$845
Elora Gardens Lynchburg1 Bedroom1BR,1BA$854

Best Value Apartments for Rent in Lynchburg, VA

As of July 05, 2026 the best value apartment in the Lynchburg area is the $0.71 price per square foot 2x2.5 Model at 1025 Church St in the in the Tate Springs neighborhood starting from $2,250. 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.
1025 Church St2x2.52BR,2.5BA$0.71
Kendall Square3 Bed/ 2 Bath3BR,2BA$1.01
County Green Apartment Homes3 Beds, 2 baths3BR,2BA$1.00
Park Place Apartments3BR/Den3BR,2BA$1.03
Forestbrook Apartments3 Bed/ 2 Bath3BR,2BA$1.01
Miller's Rest ApartmentsPritchell2BR,2BA$0.85
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$1.04
McCausland Ridge2BR/1.0BA2BR,1BA$0.94
Dumont Apartments2BR/1.0BA2BR,1BA$0.99
Bramblewood Apartments2BR/1.0BA2BR,1BA$1.06

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
Decorative image

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
Decorative image

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.

decorative image of people with a giant lease agreement

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

Decorative image of map

See the most popular apartments and homes in Lynchburg, VA

View Map
Lynchburg, VA Apartments Map
View Map
Lynchburg, VA Rental Homes Map

Frequently Asked Questions about Lynchburg

What type of rentals are currently available in Lynchburg?

There are currently 234 Apartments for Rent in Lynchburg, VA with pricing that ranges from $684 to $2,586. There are also 375 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lynchburg ranging from $535 to $3,500.

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 $3,500 with an average monthly rent of $1,585.

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 $880 to $2,586, while Three Bedroom Homes, Condos, and Townhomes for rent range from $600 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,195 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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.