Cheap Apartments for Rent in 24503

37 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 decreased in Apr 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
May 2025$1,300
Jun 2025$1,173
Jul 2025$1,200
Aug 2025$1,260
Sep 2025$1,260
Oct 2025$1,260
Nov 2025$1,095
Dec 2025$1,100
Jan 2026$1,224
Feb 2026$1,181
Mar 2026$1,250
Apr 2026$1,100
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$1,300—$1,222
Apartments and Condos$795$1,150$1,650—$1,150
Houses—$1,300$1,995$1,844$1,995

Frequently Asked Questions about Rentals in 24503

  • What is the average rent in 24503?
    The average rent in 24503 is $1,250. Rent prices range from $775 to as much as $3,095, depending on the type of rental.
  • How does the rent in 24503 compare to the national average?
    Average rent in 24503 is about 35% lower than the national average rent of $1,910. That means it is less expensive to rent in 24503 compared to the U.S. average.
  • What is the average rent in 24503, by number of bedrooms?
    The average rent in 24503 is $779 for a studio, $895 for a 1 bedroom, $1,175 for a 2 bedroom, $1,595 for a 3 bedroom, and $1,850 for a 4 bedroom.
  • How have rent prices in 24503 changed compared to last year?
    In the past year, the average rent price in 24503 has decreased by $250. That means the average rent is 20% lower than last year.
  • How many available rental listings are in 24503?
    There are 44 available rental listings 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.