Cheap Apartments for Rent in Shipman, VA from $600 (47 Rentals)

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Rivermont Park
$784 - $1,034

Total Monthly Price

Base Rent$749 - $999
Required Monthly Fees$35

Total Monthly Price$784 - $1,034
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

Rivermont Park

2935 Rivermont AveLynchburg, VA 24503
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The Wayne
$950

Total Monthly Price

Base Rent$950

Total Monthly Price$950
1 Bedroom Apartments Available Nov 20

The Wayne

1500 Main StLynchburg, VA 24504
Student Housing
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Montague Terrace
$980 - $1,365

Total Monthly Price

Base Rent$980 - $1,365

Total Monthly Price$980 - $1,365
12 Month Lease Term
2 to 3 Bedroom Apartments Available Now

Montague Terrace

28 Montague CtStuarts Draft, VA 24477
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12th & Court Lofts
$995 - $2,195

Total Monthly Price

Base Rent$995 - $2,195

Total Monthly Price$995 - $2,195
Studio to 3 Bedroom Apartments Available Now

12th & Court Lofts

400 12th StLynchburg, VA 24504
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Imperial Tobacco Lofts
$999 - $1,399

Total Monthly Price

Base Rent$900 - $1,300
Required Monthly Fees$99

Total Monthly Price$999 - $1,399
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Imperial Tobacco Lofts

1220 Commerce StLynchburg, VA 24504
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5th Street Place
Rent Specials
$1,029 - $2,212

Total Monthly Price

Base Rent$988 - $2,171
Required Monthly FeesVaries

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

5th Street Place

411 Afton Pond CtCharlottesville, VA 22902
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Boonsboro Village Apartments
$1,060 - $1,434

Total Monthly Price

Base Rent$1,025 - $1,399
Required Monthly Fees$35

Total Monthly Price$1,060 - $1,434
12 Month Lease Term
2 to 3 Bedroom Apartments Available Now

Boonsboro Village Apartments

4715 Boonsboro RdLynchburg, VA 24503
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Hickory Hope
Rent Specials
$1,090 - $2,694

Total Monthly Price

Base Rent$1,090 - $2,694

Total Monthly Price$1,090 - $2,694
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Hickory Hope

2980 Horizon RdCharlottesville, VA 22902
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Factory 88
$1,125

Total Monthly Price

Base Rent$1,125

Total Monthly Price$1,125
12 Month Lease Term
1 Bedroom Apartments Available Now

Factory 88

320 12th StLynchburg, VA 24504
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Town Center Apartments
Rent Specials
$1,200 - $1,850

Total Monthly Price

Base Rent$1,200 - $1,850

Total Monthly Price$1,200 - $1,850
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Town Center Apartments

115 Town Center PkyMadison Heights, VA 24572
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Gish Flats
$1,249 - $1,449

Total Monthly Price

Base Rent$1,249 - $1,449

Total Monthly Price$1,249 - $1,449
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Gish Flats

410 Court StLynchburg, VA 24504
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Summercrest Apartments
Rent Specials
$1,275 - $1,525

Total Monthly Price

Base Rent$1,275 - $1,525

Total Monthly Price$1,275 - $1,525
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Summercrest Apartments

86 Summercrest AveWaynesboro, VA 22980
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Augusta Farms
Rent Specials
$1,305 - $1,485

Total Monthly Price

Base Rent$1,300 - $1,480
Required Monthly Fees$5

Total Monthly Price$1,305 - $1,485
2 to 3 Bedroom Apartments Available Now

Augusta Farms

22 Farmside StWaynesboro, VA 22980
Corporate Housing
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Stone Creek Village Apartments
Rent Specials
$1,412 - $2,760

Total Monthly Price

Base Rent$1,412 - $2,760

Total Monthly Price$1,412 - $2,760
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Stone Creek Village Apartments

365 Stone Creek PtCharlottesville, VA 22902
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The Westie
$1,420

Total Monthly Price

Base Rent$1,385
Required Monthly Fees$35

Total Monthly Price$1,420
12 Month Lease Term
2 Bedroom Apartments Available Oct 1

The Westie

123 Phelps RdMadison Heights, VA 24572
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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.

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Brittany Knoll
$1,425 - $1,475

Total Monthly Price

Base Rent$1,425 - $1,475

Total Monthly PriceVaries
12 Month Lease Term
2 to 3 Bedroom Apartments Available Now

Brittany Knoll

28 Brittany LnStuarts Draft, VA 24477
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Quadrangle
Rent Specials
$1,485 - $1,530

Total Monthly Price

Base Rent$1,480 - $1,525
Required Monthly Fees$5

Total Monthly Price$1,485 - $1,530
3 Bedroom Apartments Available Now

Quadrangle

901 4th StWaynesboro, VA 22980
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1701 12th Street
Studio to 1 Bedroom Apartments

1701 12th Street

1701 12th StLynchburg, VA 24501
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Midpoint
1 to 2 Bedroom Apartments

Midpoint

1101 Jefferson StLynchburg, VA 24504
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723 Jefferson Street
1 Bedroom Apartments

723 Jefferson Street

723 Jefferson StreetLynchburg, VA 24504
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White Star Flats
1 to 2 Bedroom Apartments

White Star Flats

1217 Church StLynchburg, VA 24504
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100 Horseford Rd
Studio to 2 Bedroom Apartments

100 Horseford Rd

100 Horseford RdLynchburg, VA 24504
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River Lofts West
Studio to 2 Bedroom Apartments

River Lofts West

920-926 Commerce StLynchburg, VA 24504

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.

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The Windsor
1 to 2 Bedroom Apartments

The Windsor

200 Cleveland AveLynchburg, VA 24503
  • Utilities Included
property at 110 Phelps Rd
$1,175

Total Monthly Price

Base Rent$1,175

Total Monthly Price$1,175
2 Bedroom, 1 Bath Townhome for Rent
Available Now

110 Phelps Rd

Madison HeightsVA24572
property at 2617 Bonny View Ln
$1,195

Total Monthly Price

Base Rent$1,195

Total Monthly Price$1,195
1 Bedroom, 1 Bath Home for Rent
Available Now

2617 Bonny View Ln

North GardenVA22959
property at 441 Steeles Fort Rd
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
2 Bedroom, 1 Bath Townhome for Rent
Available Now

441 Steeles Fort Rd

RaphineVA24472
property at 457 Steeles Fort Rd
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
2 Bedroom, 1 Bath Townhome for Rent
Available Oct 1

457 Steeles Fort Rd

RaphineVA24472
property at 188 Ross Rd
$1,300

Total Monthly Price

Base Rent$1,300

Total Monthly Price$1,300
12 Month Lease Term
3 Bedroom, 2 Bath Home for Rent
Available Now

188 Ross Rd

ArringtonVA22922

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.

property at 5677 Myrtle St
$1,470

Total Monthly Price

Base Rent$1,470

Total Monthly Price$1,470
2 Bedroom, 1 Bath Home for Rent
Available Nov 1

5677 Myrtle St

CrozetVA22932
property at 147 Bryant Mountain Rd
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
1 Bedroom, 1 Bath Home for Rent
Available Now

147 Bryant Mountain Rd

RoselandVA22967

Shipman, VA Local Guide

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 $854. Here is today’s list of the most affordable Shipman apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hillcrest Manor Apartments1br1BR, 1BA$700
Elora Gardens Lynchburg1 Bedroom1BR, 1BA$854
Rivermont Park1 Bedroom, 1 Bath1BR, 1BA$884
Ryan School ApartmentsOne bedroom1BR, 1BA$893
1701 12th Street1701 12th Street - 3011BR, 1BA$895
Montague Terrace2 BDRM/2 Bath2BR, 2BA$980
Church Street Townhomes2 Bedroom, 1 Bathroom2BR, 1BA$995
Dumont Apartments0BR/1.0BAStudio, 1BA$995
Princeton Circle West ApartmentsColonial1BR, 1BA$1,035
Boonsboro Village Apartments2 Bedroom, 1.5 Bath2BR, 1BA$1,060

Best Value Apartments for Rent in Shipman, VA and Nearby

As of September 22, 2026 the best value apartment in the Shipman area is the $1.22 price per square foot 3 Bed/2 Bath Type 1 Model at Town Center Apartments starting from $1,650. The second greatest value Shipman apartment is the One Bedroom Model at Piedmont Flour Mill Lofts in the College Hill neighborhood starting at $1,099 with a $0.92 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$1.22
Piedmont Flour Mill LoftsOne Bedroom1BR, 1BA$0.92
Montague Terrace3 BDRM/2 Bath3BR, 2BA$1.15
Gish Flats2x22BR, 2BA$1.40
Boonsboro Village Apartments2 Bedroom, 1.5 Bath TH2BR, 1.5BA$1.30
Church Street Townhomes2 Bedroom, 1 Bathroom2BR, 1BA$1.33
Princeton Circle West ApartmentsColonial1BR, 1BA$1.40
Hillcrest Manor Apartments2br2BR, 1BA$1.10
Rivermont Park1 Bedroom, 1 Bath1BR, 1BA$1.30
1701 12th Street1701 12th Street - 204Studio, 1BA$1.40

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real 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.

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

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Frequently Asked Questions about Cheap Shipman Apartments

What is the Cheapest Studio apartment in Shipman?

Currently the most affordable Cheap Studio Apartment in Shipman is at 1701 12th Street listed at $895.

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 $795 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 Boonsboro Village Apartments and starts from $1,334.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.