Cheap Apartments for Rent in 24503
45 rentals
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Use arrow keys to navigatePET FRIENDLY$795 - $825/mo
1 Bed
1 Bath1900-04 Canterbury Court Apartments | 1900 & 1904 Canterbury Cir,
Lynchburg, VA 24503
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PET FRIENDLY$930 - $1,140/mo1-3 Beds1-3 BathsPrinceton Circle West Apartments | 18 W Princeton Cir,
Lynchburg, VA 24503
FURNISHED
PET FRIENDLY
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NEW - 1 DAY AGOPET FRIENDLY
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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 Sep 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,260 |
| Nov 2025 | $1,095 |
| Dec 2025 | $1,100 |
| Jan 2026 | $1,224 |
| Feb 2026 | $1,181 |
| Mar 2026 | $1,238 |
| Apr 2026 | $1,100 |
| May 2026 | $1,250 |
| Jun 2026 | $1,130 |
| Jul 2026 | $1,170 |
| Aug 2026 | $1,176 |
| Sep 2026 | $1,203 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $895 | $1,095 | $1,650 | $1,795 | $1,184 |
| Townhomes | — | $1,895 | — | — | $1,895 |
| Apartments and Condos | $895 | $1,095 | $1,295 | — | $995 |
| Houses | $1,095 | $1,200 | $1,975 | $1,795 | $1,875 |
Frequently Asked Questions about Rentals in 24503
- What is the average rent of an apartment in 24503?The average rent of an apartment in 24503 is $1,008 per month. This is about 48% lower than the national average.
- What are the cheapest months to find an apartment to rent in 24503?Last year, the cheapest month to find an apartment to rent was Nov 2025 when it was $1,095 per month.
- How many cheap apartments are available in 24503?There are 20 apartments to rent that are cheaper than the city’s average rent of $1,184.
- When is the average rent most expensive in 24503?In the last year, the average rent in 24503 was highest in May 2025 when it was $1,300 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 $895 per month. That is about $100 less than the cost of a studio apartment.
- 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.
View this page in Spanish: Apartamentos baratos en renta en 24503 - 61 Rentas | Trulia