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Apartments in 24502

31 - 36 of 36 Results
$1,200
*coming Soon* 166 Kitty Hawk Square // 2 Bedroom, 1.5 Bath // $1,200
166 Kitty Hawk Sq Lynchburg, VA
2 BR | Jun. 1, 2024
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House
$675
Wards Ferry Road & Walton Dr
Lynchburg, VA
1 BR | Available Now
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Dishwasher
6
$2,000
Capstone Dr
Lynchburg, VA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
1
$1,195
2 Br 2.5 Bth Townhouse Off Wards Ferry Rd
2004 Wards Ferry RD Lynchburg, VA
2 BR | Available Now
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House
$1,100
300 Mcconville Rd #35
Lynchburg, VA
2 BR | Jul. 5, 2024
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House
Dishwasher
$750
1609 Mcveigh-ivy Ridge Apartments
1609 Mcveigh Rd Lynchburg, VA
2 BR | Available Now
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31 - 36 of 36 Results
  1. Home
  2. Lynchburg
  3. 24502

How much does it cost to rent an apartment in 24502?

24502 apartments
Bed Type Average Rent Range
1BR $780 $680 - $1,350
2BR $1,230 $790 - $1,670
3BR $1,760 $1,080 - $1,970
4+BR $2,150 $1,500 - $2,200
Frequently Asked Questions

How many apartments are available in 24502 on Rentable.co?

Rentable.co has 36 apartments available for rent in 24502.

What is the average rent for an apartment in 24502?

The average rent for an apartment in 24502 is around $1,350 per month.

What is the average rent for a two-bedroom apartment in 24502?

The average rent for a two-bedroom apartment in 24502 is around $1,225 per month.

What is the average rent for a one-bedroom apartment in 24502?

The average rent for a one-bedroom apartment in 24502 is around $775 per month.

Find an Apartment in 24502
Are you searching for apartments for rent near 24502 Lynchburg, VA? Look no further! Rentable provides valuable information about the rental market in the 24502 zip code. Currently, there are 56 units available for rent in this area. The average rent in 24502 is $1,350, and the minimum rent for a 1-bedroom unit starts at $675.

The 24502 zip code encompasses several desirable neighborhoods, including Lynchburg Commons, Wyndhurst, and Cornerstone. These neighborhoods offer a range of amenities and are conveniently located near shopping centers, parks, and entertainment options.

So, if you're in the market for apartments near 24502 Lynchburg, VA, explore Rentable's listings to find the perfect rental that suits your needs and budget. Start your search today and discover the ideal home in this vibrant area.

Lynchburg:
May Rent Report

Welcome to the May 2024 Lynchburg Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Lynchburg rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Lynchburg and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Lynchburg average rent prices in the chart below.

Monthly Rent Report

$1,200
$900
$600
$300
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Lynchburg Rent Prices Increase From April to May

Lynchburg rent prices increased over the last month. From April to May, the city experienced a 4.02% increase for the price of a one-bedroom apartment. The rent price for a Lynchburg one-bedroom apartments currently stands at $932.0.

When we take a look at the two-bedroom comparison from April to May, Lynchburg experienced a 5.44% increase for the price of a two-bedroom apartment. The rent price for a Lynchburg two-bedroom apartments currently stands at $1,125.0.

May Prices: Lynchburg vs. Surrounding Areas

Lynchburg, VA
$896
$0
$300
$600
$900
$1,200
Median 1 BR Rent

Rent Prices in Lynchburg and Surrounding Areas

Rent prices have increased in Lynchburg over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Lynchburg suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Lynchburg suburbs

  • Rents did not decrease in any of the Lynchburg suburbs.

May 2024 Pricing Trends: Lynchburg vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Lynchburg, VA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$896
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Lynchburg Rent Prices More Affordable Than Major Cities

Rent growth in Lynchburg over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Lynchburg average rent prices appear to be relatively affordable for local residents.

The price for a Lynchburg one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Lynchburg and surrounding area rent prices, take a look at the complete data set below.

Data set for Lynchburg and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Lynchburg, VA $896.0 1.82% $1,067.0 5.02%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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