Cheap Homes for Rent in Lynchburg, VA from $400 (104 Rentals)

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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 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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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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Lynchburg, VA Local Guide

Cheapest Neighborhoods for Apartments in Lynchburg, VA

Pricing Updated: 08/03/2025

Current apartment rentals in the Lynchburg, VA area range in price from $490 to $2,700 with an overall median price of $2,105. The three Lynchburg neighborhoods with the lowest median rent pricing are Montview at $795, Downtown Lynchburg at $490, and Dearington at $490. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lynchburg Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Montview$1,447$7955
Downtown Lynchburg$1,499$49014
Dearington$1,895$49020
Rivermont$1,895$49016
Cornerstone$2,095$1,2002
College Hill$2,250$60013
Diamond Hill$2,250$60014
Tate Springs$2,325$60023
Sandusky$2,400$1,1002
Wyndhurst$2,400$1,2504

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. Beechwood in the Wyndhurst neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $780. Here is today’s list of the most affordable Lynchburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elora Gardens Lynchburg1 Bedroom1BR,1BA$696
Beechwood1 Bed/ 1 Bath1BR,1BA$780
Bramblewood Apartments2BR/1.0BA2BR,1BA$799
Wesley Apartments - Senior Living CommunityStudio (Stair or Ramp Access)Studio,1BA$820
500 Euclid Avenue500 Euclid Apartments1BR,1BA$845
Rivermont Park1 Bedroom, 1 Bath1BR,1BA$849
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$859
Imperial Tobacco Lofts1BR/1.0BA1BR,1BA$860
Midtown Lofts1 Bed 1 Bath1BR,1BA$895
Ivy Ridge2 BR2BR,1BA$895

Best Value Apartments for Rent in Lynchburg, VA

As of August 04, 2025 the best value apartment in the Lynchburg area is the $0.69 price per square foot 2BR/2.0BA Model at River Lofts West in the in the College Hill neighborhood starting from $1,240. The second greatest value Lynchburg apartment is the 3 Bed 2 Bath Model at Eleven25 starting at $1,695 with a $0.98 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.
River Lofts West2BR/2.0BA2BR,2BA$0.69
Eleven253 Bed 2 Bath3BR,2BA$0.98
1025 Church St, Unit A1025 Church St1BR,1.5BA$0.91
County Green Apartment Homes3 Beds, 2 baths3BR,2BA$0.96
Ivy Creek Apartments3BR/1.5BA3BR,1.5BA$0.79
Park Place Apartments2BR/2BA +Den Renovated2BR,2BA$0.97
Forestbrook Apartments2 Bed/ 2 Bath2BR,2BA$0.91
The Oasis (Student Housing)Student Only - Rent By The Room2BR,2BA$0.90
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$0.98
Bramblewood Apartments2BR/1.0BA2BR,1BA$1.00

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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Frequently Asked Questions about Lynchburg

What type of rentals are currently available in Lynchburg?

There are currently 219 Apartments for Rent in Lynchburg, VA with pricing that ranges from $595 to $3,200. There are also 262 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lynchburg ranging from $490 to $3,999.

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 $490 to $3,999 with an average monthly rent of $1,639.

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 $949 to $2,410, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $3,999. Four Bedroom Single-Family rentals are also available starting from $490 and Four Bedroom Apartments start at $1,590.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.