Rental market trends in Lynchburg, VA
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Average Apartment Cost in Lynchburg, VA
The average rent for apartments in Lynchburg, VA, is between $830 and $1,710 in 2023. For a studio apartment in Lynchburg, VA, the average rent is $1,710. When it comes to 1-bedroom apartments, the average rent in Lynchburg, VA, is $830. For a 2-bedroom apartment, the average rent is $999.
Apartment Rent Ranges in Lynchburg, VA
Apartment Prices Proportion | |
|---|---|
How Other Cities Compare to Lynchburg, VA
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Waynesboro | $850 | -- |
| Vinton | $725 | 0% |
| Roanoke | $590 | 0% |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Forest | $1,100 | +22% |
| Roanoke | $922 | +17% |
| Madison Heights | $740 | -- |
| Vinton | $687 | -13% |
| Farmville | $673 | -- |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Forest | $1,275 | +22% |
| Waynesboro | $1,200 | -- |
| Lexington | $1,075 | -- |
| Roanoke | $1,050 | +12% |
| Vinton | $1,025 | 0% |
| Cave Spring | $950 | -- |
| Farmville | $777 | -- |
| Madison Heights | $711 | -- |
Lynchburg, VA Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 |
| $2160 | $2160 | $2160 | $2160 | $2160 | $2160 | $2100 | $2010 | $2010 | $1800 | $1855 | $1768 | $1710 |
| $874 | $874 | $875 | $875 | $875 | $912 | $912 | $912 | $912 | $865 | $830 | $830 | $830 |
| $962 | $965 | $965 | $962 | $965 | $975 | $975 | $975 | $967 | $975 | $965 | $952 | $952 |
| $1090 | $1090 | $1090 | $1090 | $1090 | $1112 | $1112 | $1112 | $1112 | $1112 | $1130 | $1130 | $1130 |
