Apartments in 24503

23 rentals

Apartments For Rent Near 24503

We found 30 more apartments matching your filters just outside 24503

Average Rent Trends in 24503

Rent in 24503 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Jun 2025$1,073
Jul 2025$1,062
Aug 2025$1,038
Sep 2025$1,059
Oct 2025$1,098
Nov 2025$962
Dec 2025$994
Jan 2026$980
Feb 2026$993
Mar 2026$1,092
Apr 2026$943
May 2026$1,048
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$895$1,175$1,595$1,850$1,250
Townhomes—$1,222——$1,222
Apartments and Condos$795$1,150$1,650—$1,150
Houses—$970$1,995$1,844$1,995

Frequently Asked Questions about Apartments and Condos for rent in 24503

  • What is the average rent of an apartment in 24503?
    The average rent of an apartment in 24503 is $1,065 per month. This is about 45% lower than the national average.
  • When is the average rent cheapest in 24503?
    In the last year, the average rent in 24503 was lowest in Nov 2025 when it was $962 per month.
  • When is the average rent most expensive in 24503?
    In the last year, the average rent in 24503 was highest in Jan 2025 when it was $1,167 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 24503?
    The average rent of a 1 bedroom apartment in 24503 is $853 per month. That is about $66 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 24503?
    There are 25 available apartments or condos to rent in 24503.
  • What are some cities near 24503?
    Some nearby cities include: Coleman Falls, Lynchburg, Forest, Monroe, Goode, Madison Heights. These cities may have more rental options to explore.