Rentometer, Inc. | Data as of 11/14/2025
Lynchburg, Virginia, offers a diverse rental landscape that caters to students, young professionals, and growing families alike. The city’s historic downtown district, anchored by the vibrant Fifth Street corridor and the iconic American Shakespeare Center, provides a lively backdrop for boutique apartments and charming historic homes. Meanwhile, the River Ridge and Bailey neighborhoods appeal to those seeking quieter, family‑friendly streets with easy access to parks, schools, and the James River waterfront.
Apartment options in Lynchburg range from efficient studios—typically priced in the $800‑$900 range—to spacious three‑bedroom units that often rent around $1,500. One‑bedroom apartments commonly fall within the $1,100‑$1,200 bracket, while two‑bedroom units are usually seen in the $1,200‑$1,300 range, reflecting a balanced market for both single occupants and small households. For renters preferring a house, the city delivers a variety of choices: one‑bedroom homes are generally available near $850‑$900, two‑bedroom homes hover around $1,100, and larger three‑bedroom houses commonly rent in the $1,600‑$1,700 range. Larger families can find four‑plus bedroom homes with rents centered near the $2,300‑$2,400 level.
Beyond pricing, Lynchburg’s rental market benefits from its strong community amenities, including the University of Lynchburg, Liberty University satellite campuses, and a growing tech corridor that draws young talent. Easy access to major highways, a revitalized downtown cultural scene, and an abundance of outdoor activities make the city an attractive destination for renters seeking both convenience and a high quality of life in Virginia.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $864 | $857 | $749 - $995 | $820 - $995 |
| Apartment | 1 Bedroom | $1,130 | $1,137 | $659 - $2,213 | $900 - $1,250 |
| Apartment | 2 Bedroom | $1,256 | $1,284 | $799 - $1,800 | $1,028 - $1,487 |
| Apartment | 3 Bedroom | $1,454 | $1,489 | $680 - $2,295 | $1,294 - $1,695 |
| House | 1 Bedroom | $929 | $875 | $540 - $1,600 | $645 - $1,195 |
| House | 2 Bedroom | $1,107 | $1,095 | $600 - $2,400 | $895 - $1,285 |
| House | 3 Bedroom | $1,698 | $1,650 | $650 - $4,299 | $1,390 - $1,900 |
| House | 4+ Bedroom | $2,315 | $2,350 | $1,200 - $3,995 | $1,900 - $2,600 |
In the current period, the average rent in Lynchburg was $808 for Studio, $1,085 for 1 Bedroom, $1,172 for 2 Bedroom, $1,642 for 3 Bedroom, and $2,099 for 4+ Bedroom.
Data provided by Rentometer, Inc.