Average Rent in Lynchburg, VA

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Current Versus Historical Lynchburg, VA Rents

Lynchburg rentals average $950 for a 1-bedroom rental to $2,147 for a 4-bedroom rental. The median price of all currently available listings is $995, or roughly $13 per square feet.
For the apartment units and housing in June 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $379 (-25.56%) year-over-year from $1,484 to $1,105. 1-bedroom rentals prices have increased by $154 (19.37%) year-over-year from $796 to $950. 2-bedroom rentals prices have decreased by $25 (-2.45%) year-over-year from $1,020 to $995. 3-bedroom rentals prices have increased by $163 (10.66%) year-over-year from $1,532 to $1,695. 4-bedroom rentals prices have increased by $357 (17.48%) year-over-year from $2,042 to $2,399. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone up by 12.43% this month. 2-bedroom rents have gone up by 2.40% this month. 3-bedroom rents have gone up by 10.06% this month. 4-bedroom rents have gone up by 19.57% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $13.92 $950 $796 (19.37%) $836 (13.66%)
2 BR $11.94 $995 $1,020 (-2.45%) $984 (1.10%)
3 BR $12.69 $1,695 $1,532 (10.66%) $1,424 (19.02%)
4+ BR $16.60 $2,399 $2,042 (17.48%) $1,965 (22.09%)

Historical Rents in Lynchburg, VA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

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Frequently Asked Questions - Lynchburg Average Rents

What is the average rent price in Lynchburg, VA?
The average monthly rental price for Lynchburg, VA apartments for rent is approximately $995. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Lynchburg, VA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Lynchburg, VA.
How much is a one bedroom apartment in Lynchburg, VA?
The average monthly rental price for one bedroom apartments is $950 and an average price per square feet of $13.92. There are a total of 3 one bedroom apartment listings currently available for rent in Lynchburg.
How much is a two bedroom apartment in Lynchburg, VA?
The average monthly rental price for two bedroom apartments is $995 and an average price per square feet of $11.94. There are a total of 9 two bedroom apartment listings currently available for rent in Lynchburg.
How have rent prices in Lynchburg, VA changed this year?
Rent prices for rentals in Lynchburg, VA can fluctuate yearly. Specifically, studio rental prices have changed by -0.26%, one bedroom rental prices have changed by 0.19%, two bedroom rental prices have changed by -0.02%, three bedroom rental prices have changed by 0.11% year-over-year.
What is a reasonable rent price in Lynchburg, VA?
A reasonable rent price in Lynchburg, VA is around $796/month. You can search for these reasonably priced rental listings on RentHop.
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