
Cheap Apartments for Rent in Shipman, VA from $600 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Shipman.


Hillcrest Manor Apartments

Total Monthly Price
Elora Gardens Lynchburg

Total Monthly Price
Charanne

Total Monthly Price
Dumont Apartments

Total Monthly Price
Rivermont Park

Total Monthly Price
Princeton Circle West Apartments

Church Street Townhomes

Brandon Ladd
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Total Monthly Price
White Star Flats

Montague Terrace

12th & Court Lofts

Total Monthly Price
5th Street Place

Total Monthly Price
Imperial Tobacco Lofts

Boonsboro Village Apartments

Hickory Hope Apartments

The Windsor

Piedmont Flour Mill Lofts
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.

Total Monthly Price
The Westie

Mountain Ridge Apartments

Garland Rodes Apartments

Gish Flats

Town Center Apartments

The Wayne

Total Monthly Price
Summercrest Apartments

Total Monthly Price
Quadrangle

Total Monthly Price
Augusta Farms
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.

113 Williams Rd

117 Williams Rd

107 Williams Rd

101 Williams Rd

155 Pomona Dr

Midtown on 12th

Midpoint

133 E Vail Dr

723 Jefferson Street
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.

100 Horseford Rd

The Motor Company Lofts

Palmera House Apartments

Factory 88

457 Steeles Fort Rd

169 Crescent Ln

Virginia Laundry Lofts

1208 S Coolwell Rd

730 Canal St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Shipman, VA Local Guide

How much does it cost to rent an apartment in Shipman?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shipman Studio Apartments | $930 | $688 | $1,095 |
| Shipman 1 Bedroom Apartments | $1,526 | $700 | $2,345 |
| Shipman 2 Bedroom Apartments | $1,893 | $765 | $2,870 |
| Shipman 3 Bedroom Apartments | $2,082 | $1,075 | $3,487 |
Browse Top Apartments in Shipman
See all Apartments in ShipmanExplore Shipman
Shipman, VA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Shipman Apartments for Rent and Nearby
 The cheapest available apartment rental in Shipman, VA is a 1 Bed unit found at Hillcrest Manor Apartments priced from $700. Elora Gardens Lynchburg in the Tate Springs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Shipman apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hillcrest Manor Apartments | 1br | 1BR,1BA | $700 |
| Elora Gardens Lynchburg | 1 Bedroom | 1BR,1BA | $795 |
| Dumont Apartments | 1BR/1.0BA | 1BR,1BA | $800 |
| Ryan School Apartments | One bedroom | 1BR,1BA | $893 |
| Rivermont Park | 1 Bedroom, 1 Bath | 1BR,1BA | $904 |
| Church Street Townhomes | 2 Bedroom, 1 Bathroom | 2BR,1BA | $995 |
| Brandon Ladd | Phase 2 - 1 Bed/1 Bath - Unrenovated | 1BR,1BA | $1,075 |
| Hickory Hope Apartments | 1 Bedroom - Phase A | 1BR,1BA | $1,090 |
| The Motor Company Lofts | 1 Beds, 1 Baths | 1BR,1BA | $1,095 |
| Mountain Ridge Apartments | 2x1 | 2BR,1BA | $1,125 |
Best Value Apartments for Rent in Shipman, VA and Nearby
As of June 22, 2026 the best value apartment in the Shipman area is the $1.07 price per square foot Uptown Lofts Model at The Wayne in the in the Montview neighborhood starting from $1,600. The second greatest value Shipman apartment is the Hawthorn-Acc Model at Windigrove Apartments starting at $1,732 with a $1.19 price per square foot . Here is today’s list of the best values for Shipman apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Wayne | Uptown Lofts | 1BR,1BA | $1.07 |
| Windigrove Apartments | Hawthorn-Acc | 3BR,2BA | $1.19 |
| Montague Terrace | ADA Accessible | 2BR,2BA | $1.12 |
| Boonsboro Village Apartments | 2 Bedroom, 1.5 Bath TH | 2BR,1.5BA | $1.26 |
| Eagles Landing Apartments | 2x2 | 2BR,2BA | $1.12 |
| Town Center Apartments | 1 Bed/1 Bath Type 1 | 1BR,1BA | $1.40 |
| Church Street Townhomes | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.24 |
| Dumont Apartments | 1BR/1.0BA | 1BR,1BA | $1.00 |
| Rivermont Park | 1 Bedroom, 1 Bath | 1BR,1BA | $1.33 |
| Hillcrest Manor Apartments | 1br | 1BR,1BA | $1.08 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Shipman, VA Rentals by Map
See the most popular apartments and homes in Shipman, VA
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 $700 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 $765 at Hillcrest Manor Apartments.
What is the most affordable Shipman Three Bedroom Apartment?
The best deal on a cheap Shipman Three Bedroom Apartment rental is at Quadrangle and starts from $1,440.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.