Example household · $83,730 · same pay · 1 adult

Lynchburg

Housing in Lynchburg, VA: Rent, Home Prices & Property Tax

$2,392 left/mo

$948/mo (1 bd) in Lynchburg. Median home $224,600. Property tax 0.53%.

Rent (1-bedroom)
$948
/mo
Buy
$1,530
Mortgage, tax, insurance
Buying costs more
$582
/mo

To buy

  • 20% down payment$44,920
  • Mortgage at 7.24%$1,225
  • Property tax (0.53% of value)$99/mo · $1,190/yr
  • Insurance and upkeep$206
  • Monthly total$1,530

Months to 20% down

$2,392 left each month. About 19 months (1.6 years) to save $44,920.

Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.

Guide: state tax and rent when you compare cities

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