Cheap Homes for Rent in Lynchburg, VA from $500 (178 Rentals)

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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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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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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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Lynchburg, VA Local Guide

Cheapest Neighborhoods for Apartments in Lynchburg, VA

Pricing Updated: 01/01/2026

Current apartment rentals in the Lynchburg, VA area range in price from $525 to $2,995 with an overall median price of $1,800. The three Lynchburg neighborhoods with the lowest median rent pricing are Rivermont at $525, Cornerstone at $1,300, and Fort Hill at $795. 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$1,595$52530
Cornerstone$1,695$1,3007
Fort Hill$1,707$79510
College Hill$1,780$69523
Dearington$1,780$69542
Diamond Hill$1,780$69520
Downtown Lynchburg$1,780$69523
Tate Springs$1,780$69541
Montview$1,815$7259
Sandusky$1,945$8953

Cheapest Available Lynchburg Apartments for Rent

 

The cheapest available apartment rental in Lynchburg, VA is a Studio unit found at Ridgeview Apartments priced from $685. Elora Gardens Lynchburg in the Tate Springs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $696. Here is today’s list of the most affordable Lynchburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ridgeview ApartmentsStudio, 1 bathStudio,1BA$685
Elora Gardens Lynchburg1 Bedroom1BR,1BA$696
Country Place Apartments1 Bed, 1.5 baths1BR,1BA$735
Nottingham1 Bed, 1 bath1BR,1BA$770
Vista Apartment Homes & Duplexes1 Bed, 1 bath1BR,1BA$775
Wesley Apartments - Senior Living CommunityStudio (Stair Access)Studio,1BA$790
Bramblewood Apartments2BR/1.0BA2BR,1BA$799
Woodbine, LLC2BR/1.0BA2BR,1BA$800
The Lexington Apartments1 Bed, 1 bath1BR,1BA$805
Beechwood1 Bed/ 1 Bath1BR,1BA$820

Best Value Apartments for Rent in Lynchburg, VA

As of January 01, 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 405 Harrison St Model at 405 Harrison St, Unit #1 starting at $1,675 with a $0.99 price per square foot in the Tate Springs 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
405 Harrison St, Unit #1405 Harrison St3BR,2BA$0.99
The Reserve -All Utilities Included&Furnished3 Bedroom - All Inclusive3BR,3.5BA$0.58
The Flats at Cornerstone (Student Housing)The Flats3BR,3BA$0.58
Ivy Creek Apartments3BR/1.5BA3BR,1.5BA$0.83
Forestbrook Apartments3 Bed/ 2 Bath3BR,2BA$0.98
258 Munford St, Unit A258 Munford St2BR,1BA$0.90
Village Court2 Beds, 1 bath2BR,1BA$0.99
Locksview2 Beds, 1.5 baths2BR,1.5BA$0.96
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$0.98

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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See the most popular apartments and homes in Lynchburg, VA

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Frequently Asked Questions about Lynchburg

What type of rentals are currently available in Lynchburg?

There are currently 226 Apartments for Rent in Lynchburg, VA with pricing that ranges from $659 to $2,964. There are also 328 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lynchburg ranging from $525 to $3,900.

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 $525 to $3,900 with an average monthly rent of $1,576.

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 $899 to $2,464, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $1,590.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!