close
View Me
$696 - $8301 to 2 Bedroom Apartments Available Now
Elora Gardens Lynchburg
701 Hollins StLynchburg, VA 24504
Cheap Apartments for Rent in Phenix, VA from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Phenix.
close
View Me
$770 - $1,0351 to 2 Bedroom Apartments Available Now
Cardinal's Crest Apartments
41 Point DrLynchburg, VA 24502
close
View Me
close
View Me
Rent Specials
$790 - $1,000Studio to 2 Bedroom Apartments Available Now
Wesley Apartments - Senior Living Community
1201 Long Meadows DrLynchburg, VA 24502
close
View Me
$795 - $1,2501 to 2 Bedroom Apartments Available Now
Timber East Apartments
119 Shrader LnLynchburg, VA 24502
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.
close
View Me
$850 - $1,4001 to 2 Bedroom Apartments Available Now
Imperial Tobacco Lofts
1220 Commerce StLynchburg, VA 24504
close
View Me
$895 - $1,250Studio to 2 Bedroom Apartments Available Oct 28
1 Element
22 Apala CirLynchburg, VA 24502
close
View Me
close
View Me
close
View Me
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.
1078 Arrington Trail
VirgilinaVA24598
close
View Me
close
View Me
close
View Me
close
View Me
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.
Showing Results 1-15, Page 1 of 1
Phenix, VA Local Guide
Antique Car in Virginia by dbnunley is licensed under CC BY 2.0
How much does it cost to rent an apartment in Phenix?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phenix Studio Apartments | $874 | $790 | $1,095 |
| Phenix 1 Bedroom Apartments | $1,133 | $696 | $2,336 |
| Phenix 2 Bedroom Apartments | $1,346 | $830 | $3,213 |
| Phenix 3 Bedroom Apartments | $1,640 | $1,050 | $3,608 |
| Phenix 4 Bedroom Apartments | $1,590 | $1,590 | $1,590 |
Browse Top Apartments in Phenix
See all Apartments in PhenixExplore Phenix
Phenix, VA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Phenix Apartments for Rent and Nearby
The cheapest available apartment rental in Phenix, VA is a 1 Bed unit found at Elora Gardens Lynchburg in the Tate Springs neighborhood priced from $696. Cardinal's Crest Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. Here is today’s list of the most affordable Phenix apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elora Gardens Lynchburg | 1 Bedroom | 1BR,1BA | $696 |
| Cardinal's Crest Apartments | 1 Bedroom | 1BR,1BA | $770 |
| Beechwood | Large 1 Bed/ 1 Bath | 1BR,1BA | $805 |
| Ivy Ridge | 2 BR | 2BR,1BA | $895 |
| Wesley Apartments - Senior Living Community | 1 Bedroom WAITLIST ONLY | 1BR,1BA | $920 |
Best Value Apartments for Rent in Phenix, VA and Nearby
As of October 26, 2025 the best value apartment in the Phenix area is the $0.46 price per square foot CSQ II Model at The Vue at College Square (Student Housing) in the in the Montview neighborhood starting from $790. The second greatest value Phenix apartment is the 3B/2B Model at 37 West Apartments starting at $1,495 with a $0.95 price per square foot in the Wyndhurst neighborhood. Here is today’s list of the best values for Phenix apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Vue at College Square (Student Housing) | CSQ II | 3BR,3.5BA | $0.46 |
| 37 West Apartments | 3B/2B | 3BR,2BA | $0.95 |
| The Reserve -All Utilities Included&Furnished | 3 Bedroom - All Inclusive | 3BR,3.5BA | $0.58 |
| Kendall Square | 3 Bed/ 2 Bath | 3BR,2BA | $0.98 |
| Imperial Tobacco Lofts | 2BR/2.5BA | 2BR,2.5BA | $1.05 |
| Gish Flats | 1x1 | 1BR,1BA | $0.92 |
| The Flats at Cornerstone (Student Housing) | The Flats | 3BR,3BA | $0.61 |
| City Place at Wyndhurst | 3 BR | 3BR,2BA | $1.08 |
| Grand Vistas | Dogwood | 1BR,1BA | $1.02 |
| Parkside Grande at Cornerstone | 2BR | 2BR,2BA | $0.95 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read Article
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 ArticleThe 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.
Read ArticleQuick 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.
Let everyone know!
Do you know the Phenix area?
If you’re an expert on all things Phenix, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestylePhenix, VA
Ranked #161
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Phenix, VA Rentals by Map
See the most popular apartments and homes in Phenix, VA
Getting Around Phenix, VA
Walk Score®
4 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
14 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Phenix Apartments
How much is rent for a Cheap One Bedroom Phenix Apartment?
The lowest price for a Cheap One Bedroom Phenix Apartment is $696 at Elora Gardens Lynchburg.
What is the lowest price for a Cheap Two Bedroom Phenix Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Phenix is starting from $830 at Elora Gardens Lynchburg.
What is the most affordable Phenix Three Bedroom Apartment?
The best deal on a cheap Phenix Three Bedroom Apartment rental is at Park Place Apartments and starts from $1,050.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.