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Apartments for Rent in Lynchburg, VA 24501

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Viewing 1-20 of 35 rentals in 24501
What to Know About

Living in 24501

Lynchburg is a historic city recognized for its stunning natural beauty, vibrant culture, and growing economy. Discover Lynchburg's fascinating past by checking out the Lynchburg Museum, the Old City Cemetery, and the Legacy Museum of African American History. It's also known for its outstanding institutions of higher learning, such as Lynchburg College and Liberty University, which offer top-notch academic programs to students from all walks of life. The local economy is driven by healthcare, education, manufacturing, and technology, with many opportunities for employment and entrepreneurship.

Outdoor enthusiasts can enjoy the scenic beauty by visiting the James River Heritage Trail System, Amazement Square, and the Lynchburg Community Market. The city is also home to some of the best restaurants in the region, from upscale eateries to cozy pubs. Throughout the year, Lynchburg boasts several exciting events, including the Lynchburg Beer, Wine & Cider Festival, the Virginia Wine Festival, and the Lynchburg Music Festival.

Lynchburg offers an outstanding balance of urban amenities and natural beauty, making it an ideal place to call home for those looking for a slower pace of life with access to city conveniences.

Rental Market Trends

Lynchburg, VA

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As of November 2026, Lynchburg's rental market is balanced, with rentals spending about 33 days on the market, slower than in Virginia (30), and rents up 1.5% over the past year. Lynchburg's average rent is 32.8% ($627) lower than the Virginia average of $1,910 and 37.0% ($753) lower than the U.S. average of $2,036.

Average Rent
$1,283
Monthly ChangeMonth Over Month Change
Increased0.62% ($8)
Yearly ChangeYear Over Year Change
Increased1.5% ($18)
Days on Market
33
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,030 Increased0.34% ($3) Decreased0.8% ($9)
2 Beds $1,176 Increased0.53% ($6) Increased1.6% ($19)
3 Beds $1,564 Increased0.61% ($9) Increased2.7% ($41)
Nearby Cities Average Rent Avg. Rent vs. LynchburgAverage Rent vs. Lynchburg Days on Market
Madison Heights $1,090 Decreased15.0% ($193) 32 days
Forest $1,409 Increased9.8% ($126) 32 days
Rustburg $1,634 Increased27.4% ($351) 33 days
Concord $1,141 Decreased11.1% ($142) 32 days
Evington $1,327 Increased3.4% ($44) 31 days
Based on rentals advertised on RentalSource in and around Lynchburg.
Frequently Asked Questions
Lynchburg Rental Market FAQs

Explore rental prices, market conditions, and affordability in Lynchburg, VA.

The average rent in Lynchburg, VA is $1,283 per month.
In Lynchburg, the average rent is $1,030 per month for a 1-bedroom apartment, $1,176 for a 2-bedroom apartment and $1,564 for a 3-bedroom apartment.
The average rent in Lynchburg is 37% ($753) lower than the national average of $2,036 per month.
The rental market in Lynchburg, VA is currently balanced, with rentals spending about 33 days on the market, slower than in Virginia (30), and rents up 1.5% over the past year.
Based on the current averages, a household would need an annual income of $47,000 to comfortably afford a 2-bedroom apartment in Lynchburg.
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