
Cheap Homes for Rent in Phenix, VA from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Phenix.


5698 Colonial Hwy

114 Mattox St

147 Dana Dr

511 Florida Ave
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.

4970 Reedy Spring Rd

823 Webster St

2446 Kemper St

100 Montview Forest Dr
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.

120 Old Tavern Cir

122 Old Tavern Cir

704 Griffin Blvd
Phenix, VA Local Guide

How much does it cost to rent a home in Phenix?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Phenix 2 Bedroom Homes for Rent | $1,234 | $850 | $1,750 |
Phenix 3 Bedroom Homes for Rent | $1,580 | $850 | $2,700 |
Phenix 4 Bedroom Homes for Rent | $1,900 | $1,800 | $2,000 |
Browse Top Homes for Rent in Phenix
Explore 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 |
Wesley Apartments - Senior Living Community | Studio (Stair or Ramp Access) | Studio,1BA | $820 |
Midtown Lofts | 1 Bed 1 Bath | 1BR,1BA | $895 |
Ivy Ridge | 2 BR | 2BR,1BA | $895 |
Best Value Apartments for Rent in Phenix, VA and Nearby
As of August 29, 2025 the best value apartment in the Phenix 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 Phenix apartment is the 3 Bedroom - All Inclusive Model at The Reserve -All Utilities Included&Furnished starting at $825 with a $0.58 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. |
---|---|---|---|
River Lofts West | 2BR/2.0BA | 2BR,2BA | $0.69 |
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 |
Belmont Landing Apartments | The Cumberland | 2BR,2BA | $1.11 |
Krise Luxury Lofts | 1BR/1.5BA | 1BR,1.5BA | $1.25 |
Park Place Apartments | 3BR/2BA Renovated | 3BR,2BA | $1.16 |
New Brick Historic Lofts | 2BR/2.0BA | 2BR,2BA | $1.18 |
Mill's Crossing | 1 Bedroom | 1BR,1BA | $1.19 |
Midtown Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.19 |
Ivy Ridge | 2 BR | 2BR,1BA | $1.24 |
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.
Pet Friendly LifestylePhenix, VA
Ranked #100
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
Frequently Asked Questions about Phenix
What type of rentals are currently available in Phenix?
There are currently 57 Apartments for Rent in Phenix, VA with pricing that ranges from $696 to $3,913. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Phenix ranging from $850 to $2,700.
What is the current price range for Rental Homes in Phenix?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Phenix ranges from $850 to $2,700 with an average monthly rent of $1,546.
How much are larger Three and Four Bedroom Rentals in Phenix?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Phenix range from $1,050 to $3,913, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,800 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.

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.

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.

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.

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.