Lynchburg, VA Rental Market Trends
Last updated: May 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lynchburg is $1,278, a 3.41% increase compared to the previous year, when the average rent was $1,236.
One-bedroom apartments provide 779 square feet for $1,095, balancing privacy and affordability.
Two-beedroom units at $1,241 offer 1,041 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,237 sq ft) for $1,578, suitable for larger households.
Average rent in Lynchburg, VA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,278 | 1,021 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,095 | 779 sq. ft. |
| 2 Beds | $1,241 | 1,041 sq. ft. |
| 3 Beds | $1,578 | 1,237 sq. ft. |
Lynchburg, VA rent trends
Rental prices in Lynchburg, VA have increased by 3.41% over the past year. The average rent moved from $1,236 to $1,278.
What's the typical rent budget in Lynchburg, VA?
The largest share of rentals in Lynchburg, VA (64%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lynchburg, VA?
14,674 or 51% of the households in Lynchburg, VA are renter-occupied while 14,027 or 49% are owner-occupied.
How Lynchburg Compares to Other Cities
| City | Average Rent |
|---|---|
| Lynchburg | $1,278 |
| Richmond | $1,615 |
| Charlottesville | $2,108 |
| Arlington | $2,727 |
| Alexandria | $2,184 |
| Newport News | $1,439 |
| Virginia Beach | $1,794 |
| Norfolk | $1,627 |
| Woodbridge | $2,090 |
| Henrico | $1,616 |
| Chesapeake | $1,819 |
| Forest, VA | $1,415 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lynchburg apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.