Zumper
modified
20 Hours Ago

Highlights

  • Pet Friendly
  • Keyless entry
  • Hardwood flooring
  • Modern apartments
  • Indoor bicycle storage
  • Modern apartment complex
  • Paid onsite parking

Location

320 12th St, Lynchburg, VA 24504, USA|Diamond Hill
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Contact

Management

Opal Partners LLC

Leasing office

(434) 253-0101

Property Overview

Factory 88 features modern apartments with keyless entry and hardwood flooring, enhancing the living experience for residents. With a Zumper expert rating of 8.6 and outstanding ratings in price, amenities, and location, it offers excellent value and convenience. The property is ideal for work-from-home lifestyles, social activities, and pet-friendly living, thanks to nearby coworking spaces, a vibrant dining scene, and essential pet services.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.6
Very Good
With a solid 8.6 out of 10 overall, Factory 88 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Factory 88 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby

Great for

  • Social life
  • Work-from-home
  • Pet owners

Floor plans

1BR/1.0BA1 bed1 bath503+ sqft$900 /mo2 units availableThis ground floor 1 bedroom, 1 bathroom apartment is located at Factory 88, one of downtown Lynchburg's oldest buildings. The apartment features original natural stone, quartz countertops and polished concrete flooring throughout and black and white tile in the bathroom. Enjoy fresh air in the outdoor area just behind the apartment which is private and only accessible by this apartment. Included in the apartment is a washer/dryer, dishwasher, microwave and garbage disposal. Internet is included in rent (your own network, NOT shared Wi-Fi.)

Let's explore this property.

Amenities for Factory 88

Apartment Amenities

Water

Appliances

DishwasherGarbage Disposal
IcemakerIn-Unit Laundry
MicrowaveRange/Stove/Oven
RefrigeratorWashing Machine/Dryer

Tech

InternetKeyless Entry

Building

Cats OKDogs OK
Indoor Bicycle Storage

Grounds

Storage

Services

Trash Removal
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

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units23
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About Factory 88

HomeApartments in LynchburgDiamond Hill Factory 88

Welcome to Factory 88, located in Lynchburg, VA. Our modern apartments offer convenient building access control and keyless entry for added security and peace of mind. Enjoy the ease of paid onsite parking, eliminating the hassle of searching for a spot. Take advantage of our community-use grill for outdoor gatherings and cookouts. Experience a comfortable and secure living environment at Factory 88.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, Factory 88 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Factory 88 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Factory 88
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Factory 88 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Factory 88 goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Factory 88 receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Factory 88 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Factory 88 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Factory 88 is great for:

Social life

  • 66 restaurants within 1 mile of this property
  • Diverse age groups live in this area
  • 22 theaters, music venues, or sports arenas nearby
  • Areas nearby are accessible by walking

Work-from-home

  • High speed internet is an amenity
  • 2 internet service provider options nearby
  • 1 coworking space or cafe within 1 mile

Pet owners

  • Tile, vinyl or hardwood floors
  • 2 pet hospitals in the area
  • 1 pet grooming service nearby
  • 1 pet supply store near the property

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 Factory 88 compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.4 mile away

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Diamond Hill

1-bedroom apartments at Factory 88 cost about 9% less than the average rent price for 1-bedroom apartments in Diamond Hill.

Median rents as of Jan 17 2026.
Diamond Hill
Lynchburg
A table of studio rental data trends in Lynchburg
MonthMedian Rent
February 2024$1,000
March 2024$1,028
April 2024$1,067
May 2024$1,088
June 2024$1,089
July 2024$1,045
August 2024$953
September 2024$950
October 2024$908
November 2024$895
December 2024$895
January 2025$895
February 2025$895
March 2025$895
April 2025$895
May 2025$895
June 2025$884
July 2025$895
August 2025$895
September 2025$896
October 2025$915
November 2025$902
December 2025$897
January 2026$895
A table of studio rental data trends in Diamond Hill
MonthMedian Rent
August 2025$950
September 2025$950
October 2025$975
January 2026$950

Affordability calculator

Can I afford to live at 320 12th St?

Bedrooms

1 bedroom

Rent-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

$36,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $36,000 annually to afford this 1-bedroom monthly rent price of $900.
For more information on rent affordability, visit our rent calculator.

Schools near Factory 88

Sandusky Elementary School

5828 apache ln

lynchburg, VA, 24502

PK, K-5Public
B
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Internet available near Factory 88

Getting around Lynchburg near 320 12th St

Walking

6/10
Some shops and stores are within a few minutes.

Driving

6/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

4/10
Frequent public transit options are within walking distance.

Points of interest for 320 12th St, Lynchburg

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Some restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Nightlife

4/10
Some bars within walking distance

Explore the area around 320 12th St

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

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