Charlottesville vs Lynchburg
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lynchburg is 49% cheaper for renters. A 2-bedroom rents for $721/mo vs $1,075/mo in Charlottesville — saving $4,248/year.
Rent by Unit Size
| Unit Size | Charlottesville | Lynchburg | Difference |
|---|---|---|---|
| Studio | $700 | $494 | $206 |
| 1 Bedroom | $878 | $589 | $289 |
| 2 Bedrooms | $1,075 | $721 | $354 |
| 3 Bedrooms | $1,404 | $933 | $471 |
| 4 Bedrooms | $1,498 | $1,024 | $474 |
| Median Income | $70,871 | $37,857 | $33,014 |
Charlottesville
- Studio
- $700/mo
- 1 BR
- $878/mo
- 2 BR
- $1,075/mo
- 3 BR
- $1,404/mo
- 4 BR
- $1,498/mo
- Median Income
- $70,871/yr
Lynchburg
- Studio
- $494/mo
- 1 BR
- $589/mo
- 2 BR
- $721/mo
- 3 BR
- $933/mo
- 4 BR
- $1,024/mo
- Median Income
- $37,857/yr
Frequently Asked Questions
Is Charlottesville or Lynchburg cheaper to rent in?
Lynchburg is cheaper — a 2-bedroom Fair Market Rent is $721/mo vs $1,075/mo in Charlottesville. That's $354/mo or $4,248/year more expensive in Charlottesville (49% higher).
What is the 2-bedroom rent in Charlottesville vs Lynchburg?
The HUD Fair Market Rent for a 2-bedroom in Charlottesville is $1,075/month. In Lynchburg, a 2-bedroom FMR is $721/month.
How do incomes compare between Charlottesville and Lynchburg?
The median household income in Charlottesville is $70,871/year. In Lynchburg it is $37,857/year. Charlottesville has the higher median income.
What is the studio rent in Charlottesville vs Lynchburg?
A studio apartment Fair Market Rent in Charlottesville is $700/mo. In Lynchburg it is $494/mo.