The Flats at Cornerstone (Student Housing)
200 Cornerstone St,
Lynchburg, VA 24502
$700 | 3 Beds
Nestled just 10 miles southwest of Downtown Lynchburg, Cornerstone is a quaint neighborhood near the Lynchburg Regional Airport and Liberty University. Although the majority of Cornerstone is residential with well-kept, affordable apartments available for rent, there are a few businesses in town. Iron & Ale Lynchburg Tap & Table and Bean Tree Café are two popular eateries in town. More shopping and dining options can be found along Timberlake Road or near the university along Wards Road. Supermarkets, restaurants, retailers, and big-box stores are within easy reach of Cornerstone.
As of June 2025, the average apartment rent in Cornerstone is $916 for one bedroom, $1,322 for two bedrooms, and $1,515 for three bedrooms. Apartment rent in Cornerstone has increased by 6.6% in the past year.
1 BR
703 sq ft
Average Sq Ft
$916/month
Average Rent
2 BR
1,018 sq ft
Average Sq Ft
$1,322/month
Average Rent
3 BR
1,155 sq ft
Average Sq Ft
$1,515/month
Average Rent
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Minimal Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.