Rent in Lynchburg, VA at a glance
2-bedroom rent (HUD)
$1,187$14,244 a year · HUD fiscal year 2026From October 1, 2026: $1,117 (−5.9%)How much rent can you afford in Lynchburg, VA?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Lynchburg, VA by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $1,027 | $12,324 | $41,080 | $19.75/hr |
| 1 bedroom | $1,033 | $12,396 | $41,320 | $19.87/hr |
| 2 bedroomsMost searched | $1,187 | $14,244 | $47,480 | $22.83/hr |
| 3 bedrooms | $1,635 | $19,620 | $65,400 | $31.44/hr |
| 4 bedrooms | $1,750 | $21,000 | $70,000 | $33.65/hr |
Cost of living in Lynchburg, VA: income, prices and a budget →
Living and working in Lynchburg, VA
Rent in Lynchburg, VA: common questions
How much is rent going down in Lynchburg, VA in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,117 for a two-bedroom, down 5.9% from $1,187. A one-bedroom goes from $1,033 to $971, a studio from $1,027 to $965.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Lynchburg, VA?
HUD's Fair Market Rent for 2026 is $1,033 for a one-bedroom and $1,187 for a two-bedroom, utilities included. That is $14,244 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Lynchburg, VA?
To keep a $1,187 two-bedroom at 30% of gross pay, one full-time worker needs $22.83 an hour, or $47,480 a year. A one-bedroom at $1,033 takes $19.87 an hour.
How much is a 1, 2 or 3-bedroom apartment in Lynchburg, VA?
At HUD's 2026 Fair Market Rent: studio $1,027, one bedroom $1,033, two $1,187, three $1,635 and four $1,750 a month.
Is rent affordable in Lynchburg, VA?
For the typical household, earning $57,947 a year ($4,829 a month, Census ACS), a two-bedroom at $1,187 takes 24.6% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,187 × 12) ÷ 0.30 = $47,480. Divided by 2,080 working hours, that is $22.83 an hour.