Cheap Apartments for Rent in Shipman, VA from $400 (26 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.

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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Midtown on 12th
Studio to 1 Bedroom Apartments

Midtown on 12th

1701 12th StLynchburg, VA 24501
  • Utilities Included

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.

property at 102 Sue Dr

102 Sue Dr

Madison HeightsVA24572
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723 Jefferson Street
1 Bedroom Apartments

723 Jefferson Street

723 Jefferson StreetLynchburg, VA 24504
  • Utilities Included
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100 Horseford Rd
Studio to 2 Bedroom Apartments

100 Horseford Rd

100 Horseford RdLynchburg, VA 24504
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White Star Flats
1 to 2 Bedroom Apartments

White Star Flats

1217 Church StLynchburg, VA 24504

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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The Windsor
1 to 2 Bedroom Apartments

The Windsor

200 Cleveland AveLynchburg, VA 24503
  • Utilities Included

Shipman, VA Local Guide

Cheapest Available Shipman Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shipman, VA is a 2 Beds unit found at Overlook Ridge priced from $477. Hillcrest Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Shipman apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Overlook RidgeTwo Bedroom2BR,1BA$477
Hillcrest Manor Apartments1br1BR,1BA$675
Elora Gardens Lynchburg1 Bedroom1BR,1BA$696
Rivermont Park1 Bedroom, 1 Bath1BR,1BA$849
Imperial Tobacco Lofts1BR/1.0BA1BR,1BA$850
Ryan School ApartmentsOne bedroom1BR,1BA$893
Church Street Townhomes1 Bedroom, 1 Bathroom1BR,1BA$895
The Westie in Madison Heights1 BR1BR,1BA$935
Princeton Circle West ApartmentsColonial2BR,1BA$950
Quadrangle2BED2BR,1BA$1,070

Best Value Apartments for Rent in Shipman, VA and Nearby

As of December 12, 2025 the best value apartment in the Shipman area is the $1.25 price per square foot 3 Bed/2 Bath Type 1 Model at Town Center Apartments in the starting from $1,700. The second greatest value Shipman apartment is the Aspen Model at Windigrove Apartments starting at $1,444 with a $1.14 price per square foot . Here is today’s list of the best values for Shipman apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Town Center Apartments3 Bed/2 Bath Type 13BR,2BA$1.25
Windigrove ApartmentsAspen2BR,2BA$1.14
Montague Terrace2 BDRM/2 Bath2BR,2BA$1.08
Piedmont Flour Mill LoftsTwo Bedroom2BR,1BA$1.36
Overlook RidgeThree Bedroom3BR,2BA$1.26
Boonsboro Village Apartments2 Bedroom, 1.5 Bath TH2BR,1.5BA$1.21
Princeton Circle West ApartmentsColonial2BR,1BA$0.97
Brandon Ladd Apartments & TownhomesPhase 1 - 2 Bed/1 Bath - Unrenovated2BR,1BA$1.34
Hillcrest Manor Apartments2br2BR,1BA$1.06
Rivermont Park1 Bedroom, 1 Bath1BR,1BA$1.25

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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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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Pet Friendly Lifestyle
Shipman, VA

Ranked #83

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Shipman, VA Rentals by Map

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Getting Around Shipman, VA

Walk Score®

2 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

2 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Shipman Apartments

How much is rent for a Cheap One Bedroom Shipman Apartment?

The lowest price for a Cheap One Bedroom Shipman Apartment is $675 at Hillcrest Manor Apartments.

What is the lowest price for a Cheap Two Bedroom Shipman Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shipman is starting from $477 at Overlook Ridge.

What is the most affordable Shipman Three Bedroom Apartment?

The best deal on a cheap Shipman Three Bedroom Apartment rental is at Montague Terrace and starts from $1,075.

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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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! 

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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.