Rent in Lynchburg, VA
Across Lynchburg's 9 ZIP codes, a 2-bedroom typically rents for about $1,117 a month, with figures from $923–$1,177. The highest typical rent is in 24502 ($1,177) and the lowest in 24501 ($923). 4 ZIPs have ZIP-level figures from HUD or Census; the other 5 use the county Fair Market Rent. Owner-occupied homes in Lynchburg city pay about 0.79% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $965 | $790–$1,084 | 9 |
| 1 bed | $971 | $798–$988 | 9 |
| 2 beds | $1,117 | $923–$1,177 | 9 |
| 3 beds | $1,547 | $1,151–$1,547 | 9 |
| 4 beds | $1,678 | $1,099–$1,678 | 9 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Lynchburg ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Lynchburg, VA?
- About $1,117 a month: the median of the typical rents in 9 ZIP codes, which range from $923–$1,177. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Lynchburg, VA?
- About $971 a month: the median of the typical rents in 9 ZIP codes, which range from $798–$988. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Lynchburg, VA?
- About $1,547 a month: the median of the typical rents in 9 ZIP codes, which range from $1,151–$1,547. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Lynchburg, VA?
- About $965 a month: the median of the typical rents in 9 ZIP codes, which range from $790–$1,084. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Lynchburg, VA?
- About $1,678 a month: the median of the typical rents in 9 ZIP codes, which range from $1,099–$1,678. Figures are gross rent (rent plus tenant-paid utilities).
- Which Lynchburg ZIP code has the highest rent?
- For a 2-bedroom, 24502 has the highest typical rent at $1,177 a month, and 24501 the lowest at $923.
- What is the property tax rate in Lynchburg, VA?
- Owner-occupied homes in Lynchburg city pay a typical 0.79% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Lynchburg rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).