Rosedale Apartments
1600 Graves Mill Rd,
Lynchburg, VA 24502
1-3 Beds | $1,245 - $2,145
Rental Market Trends in Lynchburg, VA
Updated September 2026
The average rent in Lynchburg, VA is $1,037/month.
Rent in Lynchburg is 38% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.
$1,037/month
Average Rent
721 Sq Ft
Average Size
+3.4%
Change / Year
794
Available Apartments
Lynchburg rent varies by unit size and layout:
- Studio apartments in Lynchburg average $906 per month.
- One-bedroom apartments in Lynchburg average $1,037 per month.
- Two-bedroom apartments in Lynchburg average $1,234 per month.
- Three-bedroom apartments in Lynchburg average $1,544 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Lynchburg, VA?
In the past year, rent has increased by 3.4%, which averages out to $35 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Lynchburg, VA
September 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
6%
Below $700/month
36%
$700 - $1,000/month
48%
$1,001 - $1,500/month
9%
$1,501 - $2,000/month
1%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Lynchburg?
Based on current rent prices, Downtown Lynchburg is the most affordable neighborhood in Lynchburg.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Lynchburg?
Based on current rent prices, Downtown Lynchburg is the most expensive neighborhood in Lynchburg.
Neighborhood
Average Rent
Average Sq Ft
Which Lynchburg neighborhoods have the most rentals available?
The neighborhood in Lynchburg with the most apartments available is Downtown Lynchburg .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Lynchburg, VA?
Because the average rent in Lynchburg is $1,037, you’ll want to make about $3,456 per month or $41,472 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 5.9% lower than the national average. Generally, housing in Lynchburg is 14.6% less expensive than the national average, with rent falling between $906 - $1,544. You can expect to pay 4.4% less for groceries, 8.9% more for utilities, and 11.9% 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.
View the Lynchburg Area GuideStudio
$943/month
$943/month
One Bedroom
$1,063/month
$1,063/month
Two Bedroom
$1,268/month
$1,268/month
Three Bedroom
$1,602/month
$1,602/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Lynchburg We Think You'll Love
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Frequently Asked Questions
What is the average rent in Lynchburg?
The average rent in Lynchburg is $1,037 per month, which is 37.7% lower than the national average of $1,665.
What is the average rent for a house in Lynchburg?
The average rent for a house in Lynchburg, VA is $1,832 per month.
What is the average rent for a townhome in Lynchburg?
The average rent for a townhome in Lynchburg, VA is $1,168 per month.
Are rents going up or down in Lynchburg?
Rents in Lynchburg, VA are increasing, with prices up 3.4% year-over-year and $35 more per month.
What rent range is most common in Lynchburg?
In Lynchburg, VA, 48% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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 September 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.