Zumper
modified
5+ Days Ago

Highlights

  • Dishwasher
  • Modern kitchen
  • Private patio or balcony
  • Separate dining area
  • Refrigerator
  • Large walk-in closets

Location

121 Colonnade St, Lynchburg, VA 24502, USA|Cornerstone
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Contact

Management

Priority One

Leasing office

(844) 338-5721 ext. 9169

Property Overview

121 Colonnade Street receives an impressive Zumper Expert Rating of 8.8, reflecting its strong appeal to renters. The property features modern amenities like a dishwasher, large walk-in closets, and a private patio, while its competitive pricing and exceptional value rank it 10 out of 10. With a convenient location near top schools and a solid trustworthiness rating, this property stands out as an excellent choice for those seeking quality living in a desirable area.

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

8.8
Very Good
With a solid 8.8 out of 10 overall, 121 Colonnade Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 121 Colonnade Street 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
  • High school nearby
  • Images Available

Great for

  • Pet owners

Floor plans

121 Colonnade Street - 1082 bed2 bath900 sqft$1,250 /moNew Year Move-In Special! Unlock the savings that work for you: enjoy one month FREE with a 13-month lease, or save big with $100 OFF every month when you choose an 18-month lease. Your perfect deal is waiting! Prices vary by property — contact us to learn more and lock in your best rate before January 31st, 2026. Showings available after January 29th. This unit is currently occupied. This home offers an open floor plan with generously sized bedrooms, each featuring a large walk-in closet with shelving, plus an additional coat closet for extra storage. Enjoy 9' ceilings, a separate dining area, contemporary paint palette, and laminate hardwood flooring throughout. Relax outdoors on your private patio or balcony. The modern kitchen includes upgraded custom cabinetry and countertops, pantry, electric range, over-the-range microwave, refrigerator with ice maker, dishwasher, and a full-size washer and dryer. Located in the Cornerstone Community, just off Greenview Drive and within 2 minute
121 Colonnade Street - 3013 bed2 bath1,100 sqft$1,395 /moThis unit is currently occupied and not available for showings. Check back in mid June, showings TBD at this time. Your third floor condo will include an open floor plan with generous size bedrooms each featuring a large walk in closet with shelving, coat closet, private patio, 9' ceilings, separate dining area and contemporary paint pallets. The kitchen has cabinetry, pantry, electric range, above range microwave, refrigerator, dishwasher, and a full size washer/dryer. Trash is included in the rent. Tenant is responsible for water, electricity and internet. High speed fiber optic telephone, cable, and internet available through Lumos. Lease Terms: 12 month leases Security Deposit: Same as rent. Due within 48 hrs of being approved. Security deposit needs to be paid before a lease will be issued. First Months Rent (Prorated if not moved in on the first) **Animals approved on a case by case basis in accordance with applicable rules and regulations** Your condo is located in the Cornersto

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Policies and fees

Applicants

Application Fee

One-time. Agent application fee.

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REQUIRED FEES

Security Deposit

One-time.

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Building details

Property details

Units1
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About 121 Colonnade Street

HomeApartments in LynchburgCornerstone 121 Colonnade Street

New Year Move-In Special! Unlock the savings that work for you: enjoy one month FREE with a 13-month lease, or save big with $100 OFF every month when you choose an 18-month lease. Your perfect deal is waiting! Prices vary by property — contact us to learn more and lock in your best rate before January 31st, 2026. SHOWING NOW!! This ground floor home offers an open floor plan with generously sized bedrooms, each featuring a large walk-in closet with shelving, plus an additional coat closet for extra storage. Enjoy 9' ceilings, a separate dining area, contemporary paint palette, and laminate hardwood flooring throughout. Relax outdoors on your private patio or balcony. The modern kitchen includes upgraded custom cabinetry and countertops, pantry, electric range, over-the-range microwave, refrigerator with ice maker, dishwasher, and a full-size washer and dryer. Located in the Cornerstone Community, just off Greenview Drive and within 2 minutes of Route 460, Wards Road, Timberlake Road, Enterprise Drive, LU, and CVCC. Enjoy close proximity to shopping, dining, and entertainment, along with community amenities including a pool, park, walking trails, open green spaces, and beautiful mountain views. 12-month lease Security Deposit: Equal to one month's rent (due within 48 hours of approval) First Month's Rent: Prorated if move-in is not on the 1st Trash included Tenant responsible for water, electricity, and internet T-Mobile Fiber is the internet provider Heritage Elementary Sandusky Middle Heritage High *Pictures are representative and may not be actual. **Animals approved on a case by case basis in accordance with applicable rules and regulations** All information herein has not been verified and is not guaranteed - We Do Business in Accordance with the Federal Fair Housing Law


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.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, 121 Colonnade Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 121 Colonnade Street 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 121 Colonnade Street
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.
121 Colonnade Street 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.
121 Colonnade Street goes above and beyond to provide sought-after conveniences and desirable perks, including building or unit level amenities. Renters looking for popular or luxurious features will find them here—and for that reason, 121 Colonnade Street 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.
121 Colonnade Street 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·7A 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 it may not have as many distinctive features as similar properties in the surrounding area, renters can trust 121 Colonnade Street to provide reasonable accomodations and accurate details about its community.
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.

121 Colonnade Street is great for:

Pet owners

  • Outdoor spaces are available at this property
  • Tile, vinyl or hardwood floors
  • 1 pet hospital in the area
  • 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 121 Colonnade Street compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1 mile away
High school nearby
There is a high school 1 mile away
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors

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Rent trends in Cornerstone

If you decide to upgrade your space, you can expect 2-bedrooms at 121 Colonnade Street to be on par with the average for similarly sized apartments in Cornerstone.

3-bedroom apartments at 121 Colonnade Street cost about 10% less than the average rent price for 3-bedroom apartments in Cornerstone.

Median rents as of Jan 17 2026.
Cornerstone
Lynchburg
A table of 1-bedroom apartment rental data trends in Lynchburg
MonthMedian Rent
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
December 2025$1,036
January 2026$1,025
A table of 1-bedroom apartment rental data trends in Cornerstone
MonthMedian Rent
April 2024$1,295
May 2024$1,278
June 2024$1,295
July 2024$1,228
August 2024$1,195

Affordability calculator

Can I afford to live at 121 Colonnade St?

Bedrooms

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

$50,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $50,000 annually to afford this 2-bedrooms monthly rent price of $1,250.
For more information on rent affordability, visit our rent calculator.

Schools near 121 Colonnade Street

Heritage Elementary School

501 leesville rd

lynchburg, VA, 24502

PK, K-5Public
C+
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Internet available near 121 Colonnade Street

Getting around Lynchburg near 121 Colonnade St

Walking

4/10
Some shops and stores are within a few minutes.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 121 Colonnade St, Lynchburg

Groceries

1/10
Closest supermarket further than a 30-minute walk

Shopping

4/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

4/10
At least one elementary school within a 30-minute walk

High schools

4/10
At least one high school within a 20-minute walk

Nightlife

1/10
Few or no bars within walking distance

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