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Rental Market Trends in Lynchburg, VA

What is the average rent in Lynchburg, VA?

$1,015/month

Average Rent

736 Sq Ft

Average Apartment Size

+0.8%

Increase in the Last Year

As of June 2025, the average rent in Lynchburg, VA is $1,015 per month. This is 38% 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 $927 per month for a studio, $1,015 for a one-bedroom apartment, and around $1,205 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,459 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$927/month
570 Sq Ft
One Bedroom
$1,015/month
736 Sq Ft
Two Bedroom
$1,205/month
1,042 Sq Ft
Three Bedroom
$1,459/month
1,349 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,210/month
999 Sq Ft
Three Bedroom
$1,765/month
1,274 Sq Ft
Four Bedroom
$2,100/month
1,968 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$703/month
396 Sq Ft
Two Bedroom
$1,355/month
1,191 Sq Ft
Three Bedroom
$1,750/month
1,458 Sq Ft
Four Bedroom
$1,862/month
1,352 Sq Ft

How much has average rent changed in Lynchburg, VA?

In the past year, rent has increased by 0.8%, which averages out to $8 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Lynchburg, VA
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Lynchburg, VA
Percentage*
Rent Range
8% Below $700/month
39% $700 - $1,000/month
45% $1,001 - $1,500/month
8% $1,501 - $2,000/month
1% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Lynchburg?

Based on current rent prices, Rivermont Heights, Rivermont and Downtown Lynchburg are the most affordable neighborhoods in Lynchburg.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Rivermont Heights
$896/month
672 Sq Ft
Rivermont
$1,084/month
622 Sq Ft
Downtown Lynchburg
$1,117/month
712 Sq Ft

What are the most expensive neighborhoods in Lynchburg?

Based on current rent prices, Downtown Lynchburg, Rivermont and Rivermont Heights are the most expensive neighborhoods in Lynchburg.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Lynchburg
$1,117/month
712 Sq Ft
Rivermont
$1,084/month
622 Sq Ft
Rivermont Heights
$896/month
672 Sq Ft

Which Lynchburg neighborhoods have the most rentals available?

The neighborhoods in Lynchburg with the most apartments available are Downtown Lynchburg, Rivermont and Rivermont Heights .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Lynchburg
$1,117/month
712 Sq Ft
Rivermont
$1,084/month
622 Sq Ft
Rivermont Heights
$896/month
672 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Lynchburg, VA?

Because the average rent in Lynchburg is $1,015, you’ll want to make about $3,383 per month or $40,596 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 7.7% lower than the national average. Generally, housing in Lynchburg is 18.9% less expensive than the national average, with rent falling between $927 - $1,459. You can expect to pay 5.7% less for groceries, 11.1% more for utilities, and 10.7% less for transportation.

City

Lynchburg, VA

759 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Lynchburg, VA

Apartment Averages

Rivermont Heights

Lynchburg, VA

Downtown Lynchburg

Lynchburg, VA

Studio
-
$1,000/month
One Bedroom
-
$1,110/month
Two Bedroom
-
$1,181/month
Three Bedroom
-
$1,414/month
Search
Search

Apartment communities in Lynchburg we think you'll love

The Vine

The Vine

2121 Langhorne Road,
Lynchburg, VA 24501

1-3 Beds | $1,145 - $1,645

Rosedale Apartments

Rosedale Apartments

1600 Graves Mill Rd,
Lynchburg, VA 24502

1-3 Beds | $1,095 - $1,725

The Overture Apartments

The Overture Apartments

18442 Leesville Rd,
Lynchburg, VA 24502

1-3 Beds | $1,245 - $1,800

Palisades at Hunter’s Creek

Palisades at Hunter’s Creek

1230 Cottontown Rd,
Forest, VA 24551

1-3 Beds | $1,235 - $1,975

Property Management Companies in Lynchburg, VA

Greenbrier Management
Greenbrier Management
  • 29

    Communities

  • 3,961

    Units

  • 13

    Cities

6 Communities in Lynchburg
Drucker & Falk
Drucker & Falk
  • 158

    Communities

  • 38,068

    Units

  • 60

    Cities

3 Communities in Lynchburg
Southwood Realty Company
Southwood Realty Company
  • 102

    Communities

  • 24,650

    Units

  • 58

    Cities

3 Communities in Lynchburg
R. Fralin & Associates
R. Fralin & Associates
  • 11

    Communities

  • 987

    Units

  • 6

    Cities

3 Communities in Lynchburg
Willow Bridge
Willow Bridge
  • 705

    Communities

  • 191,765

    Units

  • 328

    Cities

1 Community in Lynchburg
Solomon Organization
Solomon Organization
  • 54

    Communities

  • 21,307

    Units

  • 44

    Cities

1 Community in Lynchburg
Park Properties Management Co.
Park Properties Management Co.
  • 21

    Communities

  • 2,835

    Units

  • 17

    Cities

1 Community in Lynchburg
Amurcon Realty Company
Amurcon Realty Company
  • 16

    Communities

  • 2,576

    Units

  • 14

    Cities

1 Community in Lynchburg

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United States Virginia Lynchburg Rental Trends

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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity