Rosedale Apartments
1600 Graves Mill Rd,
Lynchburg, VA 24502
$1,125 - $1,895 Total Monthly Price
1-3 Beds | 12 Month Lease
Rental Market Trends in Lynchburg, VA
What is the average rent in Lynchburg, VA?
$1,017/month
Average Rent
731 Sq Ft
Average Apartment Size
+1.9%
Increase in the Last Year
As of March 2026, the average rent in Lynchburg, VA is $1,017 per month. This is 37% lower than the national average rent of $1,627/month, making renting in Lynchburg more affordable than most cities in the US. When you rent an apartment in Lynchburg, you can expect to pay about $920 per month for a studio, $1,017 for a one-bedroom apartment, and around $1,207 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,486 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Lynchburg, VA?
In the past year, rent has increased by 1.9%, which averages out to $19 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025
2026
Rent Ranges in Lynchburg, VA
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
7%
Below $700/month
36%
$700 - $1,000/month
48%
$1,001 - $1,500/month
7%
$1,501 - $2,000/month
1%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Lynchburg?
Based on current rent prices, Rivermont Heights, Downtown Lynchburg and Dreaming Creek are the most affordable neighborhoods in Lynchburg.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Lynchburg?
Based on current rent prices, Dreaming Creek, Downtown Lynchburg and Rivermont Heights are the most expensive neighborhoods in Lynchburg.
Neighborhood
Average Rent
Average Sq Ft
Which Lynchburg neighborhoods have the most rentals available?
The neighborhoods in Lynchburg with the most apartments available are Downtown Lynchburg, Rivermont Heights and Dreaming Creek .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Lynchburg, VA?
Because the average rent in Lynchburg is $1,017, you’ll want to make about $3,390 per month or $40,680 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
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.
How does Lynchburg, VA compare to other nearby cities and neighborhoods?
Use the tool below to compare Lynchburg, VA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Apartment communities in Lynchburg we think you'll love
Property Management Companies in Lynchburg, VA
Greenbrier Management
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R. Fralin & Associates
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13
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Willow Bridge
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715
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Solomon Organization
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Van Rooy
-
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Methodology
† 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.
* Percentages may not total 100 due to rounding.