Cheap Apartments for Rent in 24504
62 rentals
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- $1,025 - $1,625/mo1-2 Beds1-2 Baths1205 Rosedale Blvd | 1205 Rosedale Ln #11212610,
Lynchburg, VA 24504 - $1,150 - $1,747/mo1-2 Beds1 BathPiedmont Flour Mill Lofts | 1329 Jefferson St #204,
Lynchburg, VA 24504 Save Search in 24504
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Average Rent Trends in 24504
Rent in 24504 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $995 |
| Jul 2025 | $1,150 |
| Aug 2025 | $1,200 |
| Sep 2025 | $1,195 |
| Oct 2025 | $1,250 |
| Nov 2025 | $1,195 |
| Dec 2025 | $1,250 |
| Jan 2026 | $1,195 |
| Feb 2026 | $1,195 |
| Mar 2026 | $1,162 |
| Apr 2026 | $1,195 |
| May 2026 | $1,195 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $949 | $1,325 | $1,495 | $2,200 | $1,199 |
| Townhomes | $1,050 | — | $1,495 | — | $1,495 |
| Apartments and Condos | $899 | $1,325 | $1,745 | — | $995 |
| Houses | — | $995 | $1,495 | $2,200 | $1,495 |
Frequently Asked Questions about Rentals in 24504
- What is the average rent of an apartment in 24504?The average rent of an apartment in 24504 is $1,184 per month. This is about 39% lower than the national average.
- What is the average rent of a house in 24504?The average rent of a house in 24504 is $1,495 per month. This is about 23% lower than the national average.
- What is the average rent of a townhome in 24504?The average rent of a townhome in 24504 is $1,495 per month. This is about 23% lower than the national average.
- When is the average rent cheapest in 24504?In the last year, the average rent in 24504 was lowest in Apr 2025 when it was $995 per month.
- When is the average rent most expensive in 24504?In the last year, the average rent in 24504 was highest in Oct 2025 when it was $1,250 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 24504?The average rent of a 1 bedroom apartment in 24504 is $949 per month. That is about $145 more than the cost of a studio apartment.
- How many available rental listings are in 24504?There are 68 available rental listings in 24504.
- What are some cities near 24504?Some nearby cities include: Lynchburg, Rustburg, Concord, Madison Heights, Spout Spring, Evington. These cities may have more rental options to explore.