2 Days Ago
Highlights
- Spacious studio
- All utilities included
- Large windows
- Stacked washer/dryer
- High ceilings
Location
722 Commerce Street #304, Lynchburg, Virginia 24551, United States|Central Business District
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Property Overview
Offering a spacious studio with high ceilings and large windows that enhance natural lighting, the location includes all utilities in the rent for added convenience. With high-speed internet and multiple providers available, the space is ideal for remote work. The vibrant neighborhood features diverse eateries and pet-friendly amenities, contributing to a lively social atmosphere while ensuring accessibility and transit options for residents.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby
Great for
Work-from-home
Pet owners
Social life
Amenities for 722 Commerce Street #304, Central Business District
Apartment Amenities
| Electricity | Freezer |
| Hardwood Floor | High Ceilings |
| Utilities Included | Washer/Dryer Hookups |
| Water |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Range/Oven | Refrigerator |
Tech
| Internet |
Building
| Cats OK | Controlled Building |
| Onsite Laundry | Sewage |
| Wall |
Neighborhood
| Near Parks |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 722 Commerce Street #304
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Apartments in LynchburgCentral Business District 722 Commerce Street #304, Lynchburg, Virginia 24551, United States
Apartments in LynchburgCentral Business District 722 Commerce Street #304, Lynchburg, Virginia 24551, United StatesProperty Id: 1211099 Great location! A few blocks away from dining, performing arts, parks, shopping and more! Less than 15 minutes of driving gets you to several area universities! All utilities - including internet - are included in this amazing studio unit! Spacious, stacked washer/dryer, large windows, high ceilings! A wall unit provides heating & cooling. CATS ONLY. This unit is in a multi-use historic building (residential units, professional offices, concert venue). Sound will be heard from surrounding units due to the historic nature of the building. Quiet hours 9pm-7am. UTILITIES ARE INCLUDED in rent. Background check required at tenants' expense ($40), which will be deducted from first month's rent, if lease is signed. Submit a pre-screening application then contact us for a tour!
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 722 Commerce Street #304 compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
Address details
| Neighborhood | Central Business District |
|---|---|
| Zip code | 24551 |
| Type | Condo for rent |
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Rent trends in Central Business District
1-bedroom apartments at 722 Commerce Street #304 cost about 5% less than the average rent price for 1-bedroom apartments in Lynchburg.
Median rents as of Nov 29 2025.
Central Business District
Lynchburg
| Month | Median Rent |
|---|---|
| December 2023 | $1,080 |
| January 2024 | $1,095 |
| February 2024 | $1,009 |
| March 2024 | $1,091 |
| April 2024 | $1,224 |
| May 2024 | $1,214 |
| June 2024 | $1,224 |
| July 2024 | $1,224 |
| August 2024 | $1,224 |
| September 2024 | $1,224 |
| October 2024 | $1,028 |
| November 2024 | $1,025 |
| December 2024 | $1,025 |
| January 2025 | $1,025 |
| February 2025 | $1,025 |
| March 2025 | $1,025 |
| April 2025 | $995 |
| May 2025 | $963 |
| June 2025 | $983 |
| July 2025 | $1,013 |
| August 2025 | $1,017 |
| September 2025 | $1,010 |
| October 2025 | $1,016 |
| November 2025 | $1,045 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,095 |
| January 2024 | $1,095 |
| February 2024 | $1,065 |
| March 2024 | $909 |
| April 2024 | $864 |
| May 2024 | $895 |
| June 2024 | $896 |
| July 2024 | $995 |
| August 2024 | $984 |
| September 2024 | $974 |
| October 2024 | $973 |
| November 2024 | $942 |
| December 2024 | $950 |
| January 2025 | $928 |
| February 2025 | $972 |
| March 2025 | $957 |
| April 2025 | $986 |
| May 2025 | $942 |
| June 2025 | $923 |
| July 2025 | $919 |
| August 2025 | $1,025 |
| September 2025 | $1,086 |
| October 2025 | $1,063 |
| November 2025 | $1,100 |
Affordability calculator
Can I afford to live at 722 Commerce Street #304?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$42,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $42,000 annually to afford this 1-bedroom monthly rent price of $1,050.
For more information on rent affordability, visit our rent calculator.
Schools near 722 Commerce Street #304
Paul Munro Elementary School
4641 locksview rd
lynchburg, VA, 24503
PK, K-5Public
A-
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Internet available near 722 Commerce Street #304
Getting around Lynchburg near 722 Commerce Street #304
Walking
4/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 722 Commerce Street #304, Lynchburg
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
5/10
At least one elementary school within a 30-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Nightlife
4/10
Few or no bars within walking distance
Explore the area around 722 Commerce Street #304
Z Market
1401 Park Ave
Sedalia Country Store Inc
Wadsworth & Fort Ave
F & L Market
2517 Memorial Ave
Food Land LLC
2517 Memorial Ave
Food Lion
2909 Memorial Ave
Pastiche at Main
811 Main St
Leecy's Bridal Special
920 Main St
Stewdiaw African Designs
1205 Rivermont Ave
Benaiah Clothing LLC
1415 Kemper St
Forever Yours Bridal
21 Wadsworth St
Blackwater Coffee Co
828 Main St
Golf Park Coffee
2306 Bedford Ave
Dunkin'
4764 S Amherst Hwy
Starbucks
4744 S Amherst Hwy
Nomad Coffee Company
1700 Old Langhorne Rd
The Water Dog
1016 Jefferson St
Touchdown Bar
1125 Main St
Greenhaus
1124 Church St
Fratelli Italian Kitchen-Wine
1200 Commerce St
7 Rooftop Bar
1208 Commerce St
Montana Plains Bakery
828 Main St
American Pie Bakery
1219 Main St
Flowers Baking Co Manufacturing
1905 Hollins Mill Rd
En Polvo Homemade Alfajores
Lorraine Bakery
1007 New Hampshire Ave
Blackwater Coffee Co
828 Main St
Al Ryan Mediterranean Cuisine
817 1/2 Main St
Chicago on the James Pizzeria
817 Main St
Market at Main
904 Main St
Aji Ramen & Sushi Inc
908 Main St
Commerce St./Midblock Between 8th & 9th St. (Inbound)
1A
Commerce
Plaza Mem, Lgh, Dtwn Lynchburg, White Rock, Post Office, Dmv, Vec, River Ridge Mall, Genworth
Commerce St. (Eastbound, Midblock Between 8th And 9Th St.)
1B
Commerce
Post Office, Dmv, Vec, River Ridge Mall, Genworth, Plaza Mem, Lgh, Dtwn Lynchburg, White Rock
Bank of the James
3A, 9
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