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Apartments under $500 for Rent in Lynchburg, VA

1 Rentals
.
  1. Building Photo - 381 Main St
    4 BEDS, 2 BATHS
    $470
    Total Monthly Price Total Monthly Price New
    Base Rent$470
    Required Monthly FeesNone
    Total Monthly Price$470

    381 Main St

    381 Main St, Madison Heights, VA 24572

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Living & Renting in Lynchburg

Lynchburg at a Glance

Average Rent

$1,019
(All bedrooms and property types)
Learn more about
Average Rent in Lynchburg
3

School Rating

out of 10 Rating
Learn more about
Schools in Lynchburg
20

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Lynchburg
32

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Lynchburg

Lynchburg, VA Apartments for Rent

Perched in the foothills of the Blue Ridge Mountains along the James River, Lynchburg is called the "City of Seven Hills" and has a fascinating history that goes back to 1757. If you're searching for apartments for rent in Lynchburg, you'll discover a rental market that's easy on your wallet, with one-bedroom units averaging around $1,012 per month—significantly less than the Virginia state average. The city's revitalized downtown showcases converted warehouse lofts alongside traditional apartment communities, while established neighborhoods like Rivermont and Boonsboro offer everything from historic Victorian-style residences to modern apartment communities.

Renting in Lynchburg makes sense for those who want affordability plus access to education, outdoor recreation, and cultural attractions. The city hosts Liberty University and the University of Lynchburg, which keep the rental market steady and the community energetic. Residents love being close to the James River Heritage Trail and can explore miles of paths at Blackwater Creek Natural Area for hiking and biking adventures. Downtown Lynchburg serves up local dining and shopping experiences, plus the Academy Center of the Arts and seasonal festivities at Riverfront Park. With U.S. Route 29 and U.S. Route 460 making commutes easy, Lynchburg works as a regional center for jobs in education, healthcare, and other growing industries.

Why Lynchburg?

  • Schools include Virginia University of Lynchburg, Liberty University, Randolph College, and Lynchburg College.
  • The Lynchburg Museum at the Old Court House houses historic artifacts and memorabilia.
  • Historic downtown Lynchburg is home to the Renaissance Theatre and the Academy of Fine Arts.
  • Lynchburg features 11 Civil War trails, walking tours of seven historic districts, and the Battle of Lynchburg Driving Tour.
  • The stunning Natural Bridge is an easy drive from Lynchburg and is a National Historic Landmark.
  • The historic Kemper Street Train Station is home to the Nature Zone, a hands-on children’s museum.

Renting in Lynchburg

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Lynchburg

(For 1 bedroom apartments)

Getting Around Lynchburg

Transportation

46

Car-Dependent

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
32

Somewhat Bikeable

out of 100 BikeScore® Rating
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.
20

Minimal Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

Private University
Private University
GreatSchools Rating
Brookville High

Public High School

Public
Grades 9-12
971 Students
GreatSchools Rating
E.C. Glass High

Public High School

Public
Grades 9-12
1,325 Students
GreatSchools Rating
Heritage High

Public High School

Public
Grades 9-12
1,073 Students
GreatSchools Rating
Paul Laurence Dunbar Mid. For Innov.

Public Middle School

Public
Grades 6-8
531 Students
GreatSchools Rating
Brookville Middle

Public Middle School

Public
Grades 6-8
715 Students
GreatSchools Rating
Linkhorne Middle

Public Middle School

Public
Grades 6-8
586 Students
GreatSchools Rating
Sandusky Middle

Public Middle School

Public
Grades 6-8
568 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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