Rosedale Apartments
1600 Graves Mill Rd,
Lynchburg, VA 24502
$1,125 - $1,895 Total Monthly Price
1-3 Beds | 12 Month Lease
Lynchburg, set against the backdrop of the Blue Ridge Mountains, combines historic architecture with contemporary living. The "City of Seven Hills" features a revitalized downtown where former warehouses now house modern loft apartments, adding to the area's residential growth. The rental market remains steady, with average rents ranging from $919 for studios to $1,461 for four-bedroom units. The city's educational landscape includes Liberty University and the University of Lynchburg, adding to the community's energy.
Residents enjoy easy access to outdoor recreation along the James River Heritage Trail and Blackwater Creek Natural Area's extensive path system. The Rivermont area showcases preserved Victorian architecture, while Boonsboro features established residential communities. Downtown Lynchburg offers local shops and restaurants, anchored by the Academy Center of the Arts. The Riverfront Park hosts community gatherings throughout the year, and the Old City Cemetery, home to Virginia's most extensive public collection of antique roses, provides a peaceful retreat. The city's rich history includes its distinction as one of Virginia's best-preserved Civil War-era communities.
Downtown Lynchburg has various shops and restaurants.
Lynchburg has a variety of housing types to choose from.
Events in Lynchburg always draw out crowds.
As of March 2026, the average apartment rent in Lynchburg, VA is $920 for a studio, $1,017 for one bedroom, $1,207 for two bedrooms, and $1,486 for three bedrooms. Apartment rent in Lynchburg has increased by 1.9% in the past year.
The cost of living in Lynchburg, VA is 6.0% lower than the national average. Generally, housing in Lynchburg is 15.3% less expensive than the national average, with rent falling between $920 - $1,486. You can expect to pay 4.5% less for groceries, 9.0% more for utilities, and 12.1% less for transportation.
Explore how walkable, bikeable, drivable, and transit-friendly Lynchburg, VA is for everyday living.
Car-Dependent
This area is considered a car-dependent area and most errands will require a car.
Minimal Transit
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
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 February 2026.