Apartments in Downtown Lynchburg

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$1,100
4925 Sycamore Pl Lynchburg, VA
2 BR | Available Now
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$650
Lynchburg, VA
2 BR | Available Now
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10
$895
Lynchburg, VA
2 BR | Available Now
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$1,295
1602 Cliff St Lynchburg, VA
3 BR | Available Now
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$895
2420 Holiday St Lynchburg, VA
2 BR | Available Now
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6
$595
2248 Campbell Ave Lynchburg, VA
2 BR | Available Now
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Balcony/Deck/Patio
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$850
122 Jubilee Dr Lynchburg, VA
2 BR | Available Now
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8
$695
Lynchburg, VA
1 BR | Available Now
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$1,400
Lynchburg, VA
3 BR | Available Now
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8
$895
903 Centerdale St Lynchburg, VA
2 BR | Available Now
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Disability Access
1
$995
Lynchburg, VA
2 BR | Available Now
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16
$1,550
Lynchburg, VA
3 BR | Available Now
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15
$1,225 - 1,236
123 Phelps Rd Madison Heights, VA
1 - 2 BR | Available Now
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1
$1,095
Lynchburg, VA
3 BR | Available Now
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9
$970 - 1,236
Madison Heights, VA
1 - 2 BR | Available Now
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1
$775
Lynchburg, VA
1 BR | Available Now
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$850
2466 Cobbs St Lynchburg, VA
2 BR | Jan. 5, 2025
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26
$945
Lynchburg, VA
3 BR | Ask for Availability
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7
$995
Lynchburg, VA
2 BR | Available Now
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Downtown Lynchburg
0
$1,095
1801 Ridge Ave Lynchburg, VA
2 BR | Available Now
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1
$749
4995 S Amherst Hwy Madison Heights, VA
2 BR | Available Now
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1
$749
4993 S Amherst Hwy Madison Heights, VA
2 BR | Available Now
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11
$850
Lynchburg, VA
2 BR | Available Now
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1
$895
Lynchburg, VA
2 BR | Available Now
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1
$995
2216 Early St Lynchburg, VA
2 BR | Dec. 16, 2024
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29
$1,995
Lynchburg, VA
4 BR | Available Now
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6
$950 - 1,200
2404 Tate Springs RD Lynchburg, VA
2 - 3 BR | Available Now
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Air Conditioning
Surface Parking
1
$1,295
Lynchburg, VA
2 BR | Available Now
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$850
3106 Richmond St Lynchburg, VA
2 BR | Ask for Availability
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$895
2237 Rivermont Ave Lynchburg, VA
1 BR | Available Now
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Downtown Lynchburg Neighborhood Summary

Lynchburg is a great city with lots of great neighborhoods to live in and fun places to hang out. And the heart of the city is downtown. Whether you’re living in a modern loft or renovated historic home, you will find yourself enchanted by the many shopping, dining, and entertainment options here.

Lynchburg:
November Rent Report

Welcome to the November 2024 Lynchburg Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Lynchburg rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Lynchburg and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Lynchburg average rent prices in the chart below.

Monthly Rent Report

$1,200
$900
$600
$300
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Lynchburg Rent Prices Increase From October to November

Lynchburg rent prices increased over the last month. From October to November, the city experienced a 4.53% increase for the price of a one-bedroom apartment. The rent price for a Lynchburg one-bedroom apartments currently stands at $1,016.0.

When we take a look at the two-bedroom comparison from October to November, Lynchburg experienced a 4.94% increase for the price of a two-bedroom apartment. The rent price for a Lynchburg two-bedroom apartments currently stands at $1,125.0.

November Prices: Lynchburg vs. Surrounding Areas

Lynchburg, VA
Bedford, VA
Altavista, VA
$972
$950
$593
$0
$350
$700
$1,050
$1,400
Median 1 BR Rent

Rent Prices in Lynchburg and Surrounding Areas

Rent prices have increased in Lynchburg over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Lynchburg suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Lynchburg suburbs

  • Rent decreased in Altavista, VA, Bedford, VA.

  • 2 suburbs are currently priced lower than the city of Lynchburg.

November 2024 Pricing Trends: Lynchburg vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Lynchburg, VA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$972
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Lynchburg Rent Prices More Affordable Than Major Cities

Rent growth in Lynchburg over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Lynchburg average rent prices appear to be relatively affordable for local residents.

The price for a Lynchburg one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Lynchburg and surrounding area rent prices, take a look at the complete data set below.

Data set for Lynchburg and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Lynchburg, VA $972.0 3.96% $1,072.0 4.28%
Altavista, VA $593.0 -0.17% $795.0 0.00%
Bedford, VA $950.0 0.00% $1,075.0 -3.76%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.