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Updated 2 hours ago

507 Madison St


Lynchburg, VA

1 Bed
•
1 Bath

500 Sq. Ft.

Available Now
Floor plans
1 Bed • 1 Bath
$595
500 ft2
1 Available
Managed By: 127 Rentals LLC
Unit 4
$595
Available Now
View
View More
2 Beds • 1 Bath
$750
750 ft2
0 Available
Managed By: 127 Rentals LLC
Unit 5
$750
Rented
View
Where you'll live
Street View
Map View
Satellite View
507 Madison St
507 Madison St
507 Madison St
Location ratings
Walk Score®
77
Very Walkable
Transit Score®
34
Some Transit
Bike Score®
71
Very Bikeable
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $595
Property details
Additional Details
Total Unit Count: 5
Last Updated: Updated 2 hours ago
Contact Number: (434) 202-4361
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 300.0 10.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Verizon Communications Inc. 15.0 1.0
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
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Photos Floor Plans
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 507 Madison St by bedroom type below.
1 Bedroom
Suggested income:
$21,400
per year
Rent report

507 Madison St Rent vs. Lynchburg Average

 507 Madison St      Lynchburg Average
1BR
$595
$998
$0
$350
$700
$1,050
$1,400

507 Madison St is asking 40% less than the average 1 bedroom apartment in Lynchburg.

If you upsized to an average priced Lynchburg 2 bedroom apartment, you would pay 11% more per month.

If you downsized to an average priced Lynchburg studio apartment, you would pay 33% more per month.

507 Madison St provides 31% less square footage than the average Lynchburg 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
507 Madison St
1BR $595 $1.20 $1,785
Lynchburg Average
Studio $1,494 $1.90 $4,483
1BR $998 $1.40 $2,995
2BR $1,123 $1.20 $3,369
3BR $1,496 $1.00 $4,487
4BR $1,858 $0.90 $5,575

Availability in Lynchburg

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 61 2BR units on the market in Lynchburg. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
8% 22% 46% 21% 3%
Available Units in Lynchburg
Studio 10
1BR 29
2BR 61
3BR 28
4BR 4
Location
Nearby College

Liberty University

Nearby Hospitals
Name Distance
Centra Lynchburg Ge NER Al Hospital 1.25 mi.
Centra Health Virginia Baptist Hospital 2.63 mi.
Centra Specialty Hospital 2.65 mi.
Nearby Fire Stations
Name Distance
Lynchburg Fire Department 0.21 mi.
Lynchburg Area Joint Fire & Ambulance District 5.96 mi.
Powhatan County Fire Department 7.55 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 500 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
507 Madison St has a 1 bedroom unit starting at $595.
Where is this property located?
This property is at 507 Madison St in Lynchburg, VA. It's 0.6 miles northwest from the center of Lynchburg.
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