Property prices for rent in Lynchburg (Virginia)

The rent prices in real estate in Lynchburg, in the Virginia region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.

$964.17
Average price last 6 months
$0.82
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Lynchburg has risen during the last 6 months. In May, the average price per sq.feet was $0.78. In June this price barely changed remaining at $0.79 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $0.79 to $0.82 per sq.feet. The price per sq.feet has risen 107 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $0.8 to $0.86 during September, and October.

Average price

When referring to the price in Lynchburg (cities), there have hardly been any changes in the last 6 months. In our first sample month during May, the average price is $946. In June This price remains at $974. In the following two months the average price has hardly changed with regard to the previous two months from $960 to $1,003.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $981.75 to $929 in September and October.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $942 they are 23 % more affordable than the average price for Lynchburg . The properties with the highest average price have 4 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,227.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.61 / sq.feet, with an average $0.85 / sq.feet price in Lynchburg. The properties with the most expensive average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.87 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $942 it is 15 % more affordable than the average price in Lynchburg. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $869 it is 24 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $0.82 / sq.feet followed by "House" priced at $0.86 / sq.feet. "Apartment" is the most expensive type of property with a $0.89 / sq.feet value followed by "House" with an average price of $0.86 / sq.feet.

Charts data
Average price October
Average price per sq.feet October
Number of properties used in Lynchburg
Number of properties used in region Virginia
$942
$0.85
838
185,612
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Logans Landing 2 Bedroom Apartment For Rent At 6343 Logans Ln, Lynchburg, Va 24502
 16
Logans Landing 2 Bedroom Apartment For Rent At 6343 Logans Ln, Lynchburg, Va 24502
$1,185
Lynchburg, Virginia - For Rent - Apartment - 1,316 sq.feet - 2 bedrooms - 2 bathrooms
The apartment features a sun room. Take a virtual tour today! Lynchburg’s newest community is waiting for you to make your way home. Seize your chance to live...
Logans Landing 2 Bedroom Apartment For Rent At 6343 Logans Ln, Lynchburg, Va 24502
 16
Logans Landing 2 Bedroom Apartment For Rent At 6343 Logans Ln, Lynchburg, Va 24502
$1,100
Lynchburg, Virginia - For Rent - Apartment - 1,223 sq.feet - 2 bedrooms - 2 bathrooms
Take a virtual tour today! Lynchburg’s newest community is waiting for you to make your way home. Seize your chance to live in this brand new development...
Logans Landing 3 Bedroom Apartment For Rent At 6343 Logans Ln, Lynchburg, Va 24502
 16
Logans Landing 3 Bedroom Apartment For Rent At 6343 Logans Ln, Lynchburg, Va 24502
$1,295
Lynchburg, Virginia - For Rent - Apartment - 1,381 sq.feet - 3 bedrooms - 2 bathrooms
Take a virtual tour today! Lynchburg’s newest community is waiting for you to make your way home. Seize your chance to live in this brand new development...
2 Bedroom Apartment For Rent At 1221 Wards Ferry Road #44, Lynchburg, Va 24502 Vista Acres
 3
2 Bedroom Apartment For Rent At 1221 Wards Ferry Road #44, Lynchburg, Va 24502 Vista Acres
$495
Lynchburg, Virginia - For Rent - Apartment - 887 sq.feet - 2 bedrooms - 1 bathroom
Properties inc equal opportunity housing 3720 old forest road lynchburg va, 24501 please...
2 Bedroom Home For Rent At 31 Crocetti Lane, Lynchburg, Va 24501
 14
2 Bedroom Home For Rent At 31 Crocetti Lane, Lynchburg, Va 24501
$950
Lynchburg, Virginia - For Rent - House - 1,168 sq.feet - 2 bedrooms - 2 bathrooms
Properties inc equal opportunity housing 3720 old forest road lynchburg va, 24501 please...