What is the average rent for a 1-bedroom apartment in Central Business District, Lynchburg, VA?

One-bedroom apartments in Central Business District average around $1,000 per month in 2025, representing a 4.9% increase from the previous year. These units typically measure around 662 sqft on average.

What is the average rent for a 2-bedroom apartment in Central Business District, Lynchburg, VA?

Two-bedroom apartments in Central Business District rent for around $1,500 per month in 2025, down 6.9% from 2024. These units average approximately 685 sqft in size.

What is the average rent for a 3-bedroom apartment in Central Business District, Lynchburg, VA?

Three-bedroom apartments in Central Business District average around $1,900 per month in 2025, showing the largest rent increase at 10.4% year over year. These larger units typically offer around 1,547 sqft of living space.

How much does it cost to rent an apartment in Central Business District, Lynchburg, VA?

Central Business District's rental market averaged around $1,100 per month across all property types in 2025, up 4.0% from 2024. Rent varies significantly by unit size, from around $1,000 for studios and one-bedrooms to around $1,900 for three-bedroom apartments.

What is the average apartment size in Central Business District, Lynchburg, VA?

Apartments in Central Business District average 770 sqft across all unit types. Size varies considerably by bedroom count, with studios at 477 sqft, one-bedrooms at 662 sqft, two-bedrooms at 685 sqft, and three-bedrooms offering the most space at 1,547 sqft.

What type of apartment is most common in Central Business District, Lynchburg, VA?

One-bedroom apartments are the most common rental type in Central Business District, with about 10 listings available monthly out of an average of 18 total listings. This represents more than half of the available rental inventory in the neighborhood.

What type of apartment is least common in Central Business District, Lynchburg, VA?

Studio apartments have the lowest availability in Central Business District, with about 1 listing per month on average. Three-bedroom units are also relatively uncommon, averaging about 2 listings monthly.

Cheap Apartments for Rent in Central Business District, Lynchburg, VA

25 rentals available

4d ago

7.8

Very good

373A Main Street

373A Main St, Madison Heights, VA 24572

Affordable | On-site laundry

Studio–1 bed

1–2 baths

$420–$450

Apartment for rent

Top amenities

On-Site Laundry

5d+ ago

Cheap apartment for rent in Madison Heights

391 Main St #B, Madison Heights, VA 24572

Affordable | In-unit laundry | On-site management

1 bed

1 bath

$795

Apartment for rent

Top amenities

In-Unit Laundry

On-Site Laundry

On-Site Management

5d+ ago

Cheap College Hill apartment for rent in Lynchburg

912 Floyd Street, Lynchburg, VA 24501

Affordable

2 beds

1 bath

$795

Apartment for rent

5d+ ago

Cheap Rivermont apartment for rent in Lynchburg

431 blackford st, Apt 2

431 Blackford St #2, Lynchburg, VA 24504

Affordable | In-unit laundry | Garage parking

1 bed

1 bath

$895

Apartment for rent

Available Jun 15

Top amenities

Dishwasher

Furnished

In-Unit Laundry

Storage

5d+ ago

Cheap College Hill apartment for rent in Lynchburg

900 Polk St #A, Lynchburg, VA 24504

Affordable | On-site management | Carpet

3 beds

1 bath

$895

Apartment for rent

Available Apr 14

Top amenities

On-Site Management

1d ago

Cheap Central Business District apartment for rent in Lynchburg

Affordable | On-site laundry

1 bed

1 bath

$950

Apartment for rent

Available Jun 22

Top amenities

On-Site Laundry

Nearby rental good for eco-living

$1,500

Diamond Hill

Nearby rental good for pet owners

$995–$1,300

Diamond Hill

5d+ ago

Cheap Diamond Hill house for rent in Lynchburg

1810 Laurel St, Lynchburg, VA 24504

Affordable

2 beds

1 bath

$995

House for rent

5d+ ago

Cheap Diamond Hill apartment for rent in Lynchburg

400 12th St #103, Lynchburg, VA 24504

Affordable | In-unit laundry | Dishwasher

Studio

1 bath

$1,095

Apartment for rent

Available Aug 1

Top amenities

In-Unit Laundry

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5d+ ago

Cheap Diamond Hill apartment for rent in Lynchburg

400 12th St #101, Lynchburg, VA 24504

Affordable | In-unit laundry | Dishwasher

Studio

1 bath

$1,095

Apartment for rent

Available Aug 1

Top amenities

In-Unit Laundry

5d+ ago

Cheap College Hill apartment for rent in Lynchburg

1000 Taylor St, Lynchburg, VA 24504

Affordable

2 beds

1 bath

$1,095

Apartment for rent

Find sweet deals near Central Business District

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$450

Madison Heights

$1,150

College Hill

$795

College Hill

1d ago

Cheap College Hill apartment for rent in Lynchburg

1105 Fillmore St #B, Lynchburg, VA 24501

Affordable

3 beds

1 bath

$1,150

Apartment for rent

Available Jun 22

22h ago

9.1

Excellent

The Wayne

1500 Main St, Lynchburg, VA 24504

Affordable | In-unit laundry | Assigned parking

1–2 beds

1 bath

$1,250–$1,600

Apartment for rent

Top amenities

Assigned Parking

Dishwasher

In-Unit Laundry

5d+ ago

Cheap Diamond Hill apartment for rent in Lynchburg

400 12th St #104, Lynchburg, VA 24504

Affordable | In-unit laundry | Dishwasher

1 bed

1 bath

$1,295

Apartment for rent

Available Aug 1

Top amenities

In-Unit Laundry

5d+ ago

Cheap Diamond Hill apartment for rent in Lynchburg

400 12th St #102, Lynchburg, VA 24504

Affordable | In-unit laundry | Dishwasher

1 bed

1 bath

$1,295

Apartment for rent

Available Aug 1

Top amenities

In-Unit Laundry

5d+ ago

Cheap College Hill apartment for rent in Lynchburg

611 7th St #611, Lynchburg, VA 24504

Affordable | In-unit laundry | On-site management

3 beds

2 baths

$1,495

$1,295

Price drop

Apartment for rent

Available Jun 15

Top amenities

In-Unit Laundry

On-Site Laundry

On-Site Management

5d+ ago

Cheap Central Business District apartment for rent in Lynchburg

51 11th St, Lynchburg, VA 24504

Affordable | In-unit laundry | Microwave

1 bed

1 bath

$1,400

$1,295

Price drop

Apartment for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap College Hill apartment for rent in Lynchburg

1108 Taylor St. Thankfulness - A

1108 Taylor St #A, Lynchburg, VA 24504

Affordable

2 beds

1 bath

$1,300

Apartment for rent

Available Jul 1

5d+ ago

Cheap Diamond Hill apartment for rent in Lynchburg

1316 Church St #A, Lynchburg, VA 24504

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$1,395

Apartment for rent

Available Jun 18

Top amenities

In-Unit Laundry

On-Site Laundry

5d+ ago

Cheap College Hill house for rent in Lynchburg

1110 11th Street - 1

1110 11th St #1, Lynchburg, VA 24504

Affordable | In-unit laundry

3 beds

1.5 baths

$1,450

House for rent

Available Jun 19

Top amenities

In-Unit Laundry

5d+ ago

Cheap Diamond Hill condo for rent in Lynchburg

1316 Harrison St, Lynchburg, VA 24504

Affordable | On-site laundry | Furnished

3 beds

1.5 baths

$1,500

Condo for rent

Available Dec 21

Top amenities

On-Site Laundry

5d+ ago

Cheap Central Business District apartment for rent in Lynchburg

2 Bedroom Apartment in Downtown Lynchburg!

819 Main St #2, Lynchburg, VA 24504

Affordable | Hardwood floor | High ceilings

2 beds

1 bath

$1,595

Apartment for rent

Available Jan 15

5d+ ago

Cheap Diamond Hill apartment for rent in Lynchburg

400 12th St #105, Lynchburg, VA 24504

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$1,695

Apartment for rent

Available Aug 1

Top amenities

In-Unit Laundry

New construction

5d+ ago

Cheap College Hill house for rent in Lynchburg

Brand NEW home with huge basement & views of Downtown Lynchburg

1008 8th St, Lynchburg, VA 24504

Affordable | Dishwasher | Storage

3 beds

2 baths

$1,795

House for rent

Available May 15

Top amenities

Dishwasher

Microwave

New construction

5d+ ago

Cheap College Hill house for rent in Lynchburg

Charming 3 Bed/2 Bath Single Family Home in Lynchburg, VA

812 Taylor St, Lynchburg, VA 24504

Affordable | Dishwasher | Storage

3 beds

2 baths

$1,950

House for rent

5d+ ago

Cheap Central Business District condo for rent in Lynchburg

Luxury 2 Bedroom Condo in Downtown Lynchburg!

1208 Commerce St #301, Lynchburg, VA 24504

Affordable | In-unit laundry | Assigned parking

2 beds

2 baths

$2,795

Condo for rent

Available Jun 15

Top amenities

Fireplace

In-Unit Laundry

On-Site Laundry

Showing 1 - 25 of 25 results

Home > Apartments in Lynchburg > Central Business District > Central Business District Cheap Apartments For Rent

Updated: June 24, 2026

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