Low Income Apartments and Affordable Housing For Rent in Lynchburg, VA (2024)

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Discover affordable housing in Lynchburg where there are 73+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

The Meadows Lynchburg

2315 Yorktown Avenue, Lynchburg, Virginia 24501

bed1-4

switch_access_shortcutShort Wait

paymentSubsidized

accessibilityAccessible

Wesley Apartments

1201 Long Meadows Dr, Lynchburg, Virginia 24502

bed1

switch_access_shortcutShort Wait

accessibilityAccessible

Hilltop Homes

101 Jackson St, Lynchburg, Virginia 24504

bed2-4

switch_access_shortcutShort Wait

real_estate_agentAccepts Vouchers

Hillcrest Apartments

3000 Birchwood Dr , Lynchburg, Virginia 24501

bed1

paymentSubsidized

Central City Apartments

1021 Court St, Lynchburg, Virginia 24501

bed1-4

College Hill Homes

1014 Wise St, Lynchburg, Virginia 24501

bed1-4

Cornerstone Apartments

1957 Fort Ave, Lynchburg, Virginia 24501

bed1-2

switch_access_shortcutShort Wait

real_estate_agentAccepts Vouchers

The Vistas at Dreaming Creek

7612 Timberlake Rd, Lynchburg, Virginia 24502

switch_access_shortcutShort Wait

accessibilityAccessible

Lynchburg High Apartments

1301 Park Ave, Lynchburg, Virginia 24501

switch_access_shortcutShort Wait

accessibilityAccessible

Shalom Apartments

700 Federal St, Lynchburg, Virginia 24504

switch_access_shortcutShort Wait

paymentSubsidized

accessibilityAccessible

Timber Ridge Apartment Homes

7500 Timberlake Rd, Lynchburg, Virginia 24502

bed1-2

switch_access_shortcutShort Wait

accessibilityAccessible

Clear Brook Apartments

3006 Hill St, Lynchburg, Virginia 24501

paymentSubsidized

elderlySenior

accessibilityAccessible

Mill Woods Apartments

6224 Old Mill Rd, Lynchburg, Virginia 24502

paymentSubsidized

Mcgurk House

2425 Tate Springs Rd, Lynchburg, Virginia 24501

paymentSubsidized

Lynchburg Supervised Apartments

1000 Rockbridge Ave, Lynchburg, Virginia 24501

switch_access_shortcutShort Wait

College Hill Apartments

810 Harrison Street, Lynchburg, Virginia 24504

paymentSubsidized

accessibilityAccessible

Old Forest Village

2550 Anthony Place, Lynchburg, Virginia 24501

bed1-2

switch_access_shortcutShort Wait

real_estate_agentAccepts Vouchers

paymentIncome Based

accessibilityAccessible

Burton Creek Apartments

679 Leesville Rd, Lynchburg, Virginia 24502

bed2-3

switch_access_shortcutShort Wait

paymentSubsidized

accessibilityAccessible

James Crossing Apartments

808 Greenfield Dr #29, Lynchburg, Virginia 24501

bed1-3

payment$381-700/mo.

switch_access_shortcutShort Wait

paymentSubsidized

accessibilityAccessible

1905 Cleveland Ave

1905 Cleveland Ave, Lynchburg, Virginia 24503

bed3

payment$995/mo.

switch_access_shortcutShort Wait

real_estate_agentAccepts Vouchers

real_estate_agentNaturally Affordable

How To Identify Affordable Housing in Lynchburg, Virginia

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

BadgeDescription

switch_access_shortcutShort Wait

Low income apartments with no or short waiting lists.

paymentSubsidized

Low income housing where the rent is subsidized and the renter pays only a portion of total rent.

real_estate_agentAccepts Vouchers

Apartments that accept Section 8 vouchers near you

elderlySenior

Rental housing for seniors who are 55 (or sometimes 62) and older.

paymentIncome Based

Affordable apartments where the rent paid is based on renter income.

accessibilityAccessible

Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.

accessible_forwardDisability

Apartments for individuals or families with disabilities.

real_estate_agentNaturally Affordable

Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.

Back to rentals ↑

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InLynchburg, Virginia

$20.70/hour

$8.70

(+73%) more thanVirginia minimum wage and

$13.45

(+186%) more than the Federal minimum wage.

Learn More About Lynchburg, Virginia AffordableHousing ↓

What HUD offices serve Lynchburg, Virginia?

Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.

Lynchburg Redevelopment and Housing Authority

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Lynchburg, Virginia.

Go to theVirginiaPublic Housing and Low-Income Apartments Waiting Lists page for openings near Lynchburg.

How many renters live in Lynchburg, Virginia?

The City of Lynchburg haspeople living in households.

There are renters living inrenter households in thisCity. Renters make up 44.52percent of the population living in Lynchburg.

What is the rental market like in Lynchburg, Virginia?

There are an estimated housing units in theLynchburg area. Of these, units are rentalhomes, making up percent of the housing market. Forevery renter household in Lynchburg, Virginia, there are1.1 rental units.

What is the vacancy rate for rentals in Lynchburg?

The rental vacancy rate in Lynchburg is 11 percent.This is ahigher than averagevacancy rate.When rental vacancy rates are high it means that there are a lot of available units and rents tendto be lower.

How many rental units are in Lynchburg for each bedroom size?

Occupied Rental Units by Size in Lynchburg
StudioOne-BedroomTwo-BedroomThree-BedroomFour+ Bedrooms
5222,6327,6623,1011,464

Occupied Rental Units by Size in Lynchburg

A large number of apartments in Lynchburg have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.

How Much Is Rent in Lynchburg

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $948 to $1,627. FMRs areupdated annually by HUD for every city and county nationwide.

Bed Size2024 Fair Market Rents
Studio$948
One BR$966
Two BR$1,093
Three BR$1,494
Four BR$1,627

2024 Fair Market Rents in Lynchburg, Virginia

How many units are rented at Fair Market Rent (FMR) in Lynchburg?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit SizeCount of Units Below FMRPercentage of Total Units Below FMR
Studio36069 percent
One BR1,76867 percent
Two BR5,34170 percent

Rental Units Below FMR in Lynchburg, Virginia

How many affordable rental units are in Lynchburg?

There are a variety of federal affordable housing programs serving households inLynchburg, Virginia including the following:

Federal ProgramUnit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Tracked Units by Federal Program in Lynchburg, Virginia

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Lynchburg, Virginia

Lynchburg features 1,318 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.

Low Rent Apartments in Lynchburg, Virginia

There are 1,073 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Lynchburg.

Housing Choice Vouchers in Lynchburg, Virginia

On average, Section 8 Housing Choice vouchers pay Lynchburg landlords$400 per month towards rent. The average voucher holdercontributes $300 towards rent inLynchburg.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lynchburg, Virginia fora two-bedroom apartment is between $984 and $1,202.

Sourced from federal housing data and AffordableHousingOnline.comresearch.

Affordable Housing Tip

Prepare to pay a fee to apply for units that accept Section 8 vouchers.

While there is no charge for Section 8 applications, a private landlord may charge a fee to apply for an available unit.

What Renters Say About Us

Steve Rubin says:

"Affordable Housing Online is an excellent resource, and an important service for those who need it."

Low Income Apartments and Affordable Housing For Rent in Lynchburg, VA (2024)
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