Last updated
Average Rent in Lynchburg, VA & Rent Trends
Rent prices and market trends across 6 apartment communities in Lynchburg, VA. Updated daily.
Market Average
$1,102/mo
▲ +0.4% from last month
Lowest Available
$600/mo
cheapest unit on market
Communities
6
tracked daily
Units Listed
52
available now
Price Cuts This Week in Lynchburg, VA
4 listed units across 3 buildings in Lynchburg, VA dropped their asking rent in the past 7 days, an average cut of $216/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| NBS Rentals | Unit e1d35c26-fce7-437f-b7fc-a7ac466c44f2 | $995 | $600 | $395 |
| NBS Rentals | Unit c955058a-d213-4436-a0d6-21d30611c77e | $950 | $750 | $200 |
| Piedmont Flour Mill Lofts | Unit 5, Two Bedroom | $1,559 | $1,399 | $160 |
| Langley Rentals | Unit 14 | $1,135 | $1,025 | $110 |
Rent by Neighborhood in Lynchburg, VA
Compare average rent across Lynchburg, VA neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Lynchburg 24504 | $1,316 | ▼ $38 | $1,149 | 2 | 8 |
| Lynchburg 24501 | $1,199 | ▼ $24 | $600 | 2 | 15 |
| Boonsboro Acres | $996 | $0 | $844 | 1 | 3 |
| Cornerstone | $993 | ▼ $20 | $685 | 1 | 26 |
Is Rent Going Up or Down in Lynchburg, VA?
As of October 2026, the average rent in Lynchburg, VA is $1,102 per month across 6 apartment communities and 52 available units. Rents have increased $5 (0.4%) over the past month.
The most affordable option is NBS Rentals starting at $600/mo. By unit type, a studio averages $798/mo, a 1-bedroom averages $1,011/mo, a 2-bedroom averages $1,155/mo, a 3-bedroom averages $1,250/mo.
Prices range from $600 to $1,559 per month. The most common price point is the $800 range, where 16 units are currently listed.
Lynchburg, VA Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,156 | - | 6 |
| August 2026 | $1,167 | +$11 | 6 |
| September 2026 | $1,160 | -$7 | 6 |
| October 2026 | $1,160 | $0 | 5 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Lynchburg, VA
Rent Prices by Apartment in Lynchburg, VA
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| NBS Rentals | $600/mo | $824/mo | 4 | 3.1 |
| Langley Rentals | $685/mo | $993/mo | 26 | 3.5 |
| Maple Ridge Apartments | $844/mo | $996/mo | 3 | 4.2 |
| Walden Pond Apartment Homes | $1,055/mo | $1,336/mo | 11 | 3.9 |
| Piedmont Flour Mill Lofts | $1,149/mo | $1,308/mo | 4 | 3.8 |
| Gish Flats -Apartments | $1,249/mo | $1,324/mo | 4 | 3.6 |
Frequently Asked Questions About Rent in Lynchburg, VA
What is the average rent in Lynchburg, VA?
Is rent going up or down in Lynchburg, VA?
What is the cheapest apartment in Lynchburg, VA?
How much is a 1-bedroom apartment in Lynchburg, VA?
How many apartments are available in Lynchburg, VA?
What salary do I need to live comfortably in Lynchburg, VA?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$44,000/year
Based on the 30 percent rule, using our tracked average rent of $1,102/mo.
Comfortable income
$53,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($600/mo), you need to earn at least $24,000/year.
Median household income in Lynchburg, VA is $59,808 , about 13% above the comfortable-living threshold.
Cost of living in Lynchburg, VA
Overall prices in Lynchburg, VA runs below the national average by about 9% (BEA Regional Price Parity index 90.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Lynchburg, VA's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,102 |
| Utilities | $277 |
| Groceries | $524 |
| Transportation | $661 |
| Healthcare | $323 |
| Other goods and services | $516 |
| Estimated total | $3,404/mo |
Population
79,255
Median household income
$59,808
Census median rent
$1,043/mo
Census rent burden
28.9%
Median age
28.4
Mean commute
17 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Lynchburg, VA Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Lynchburg, VA Apartments
Browse all 6 communities with daily-updated pricing and availability.