Cheap Apartments for Rent in Henrico County, VA from $700 (116 Rentals)

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Search the lowest-cost Apartments available for rent right now in Henrico County.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Acclaim at Carriage Hill
$1,205 - $2,055
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200 - $2,050
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Acclaim at Carriage Hill

7050 Coachman LnRichmond, VA 23228
Senior Living
  • Verified
  • Customer Reviewed
  • Low Income
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Treehouse
Rent Specials
$1,223 - $2,798
Total Monthly Price

Total Monthly Price

Base Rent
$1,105 - $2,680
Required Monthly Fees
$118
Total Monthly Price
$1,223 - $2,798
1 to 3 Bedroom Apartments Available Now

Treehouse

5701 Pony Farm DrRichmond, VA 23227
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Staples Mill Townhomes
Rent Specials
$1,250 - $2,005
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $2,005
Total Monthly Price
$1,250 - $2,005
1 to 3 Bedroom Apartments Available Now

Staples Mill Townhomes

4100-A Townhouse RdRichmond, VA 23228
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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Colonial Apartments
Rent Specials
$1,276 - $2,556
Total Monthly Price

Total Monthly Price

Base Rent
$1,135 - $2,415
Required Monthly Fees
$141
Total Monthly Price
$1,276 - $2,556
1 to 3 Bedroom Apartments Available Now

Colonial Apartments

5501 Pony Farm DrRichmond, VA 23227
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Carriage Club Apartments
$1,300 - $1,890
Total Monthly Price

Total Monthly Price

Base Rent
$1,215 - $1,805
Required Monthly Fees
$85
Total Monthly Price
$1,300 - $1,890
1 to 3 Bedroom Apartments Available Now

Carriage Club Apartments

7098 Fernwood StRichmond, VA 23228
Active Lifestyle
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  • Customer Reviewed
  • 3D Tour

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Cheapest Available Henrico County Apartments for Rent

 

The cheapest available apartment rental in Henrico County, VA is a 2 Beds unit found at Richfield Place Apartments in the Bellevue neighborhood priced from $995. Kings Point Apartments in the Brauers neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,030. Here is today’s list of the most affordable Henrico County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Richfield Place ApartmentsThe York2BR,1BA$995
Kings Point Apartments1BR/1BA1BR,1BA$1,030
Mallard Greens2bd/1bth2BR,1BA$1,050
Quarter MillMill Creek1BR,1BA$1,055
Linden at Highland ParkOne Bedroom Apartment1BR,1BA$1,075
Townsend SquareTownhomes starting at $1080.00- Now Accepting A...2BR,1BA$1,080
Village at the ArborsOne Bedroom1BR,1BA$1,099
Acclaim at Carriage HillThe Monroe II1BR,1BA$1,205
Landmark at TuckahoeThe Westmoreland1BR,1BA$1,222
Amber Ridge Apartments ~ Boutique Cottage Style Living Meets Hassle Free LeasingStudioStudio,1BA$1,230

Best Value Apartments for Rent in Henrico County, VA

As of April 17, 2026 the best value apartment in the Henrico County area is the $1.04 price per square foot 3 Bedroom 2 Bath Model at Jackson Pointe Townhomes in the starting from $1,750. The second greatest value Henrico County apartment is the 3 Bedroom - Townhouse Model at Hermitage Manor starting at $1,850 with a $1.38 price per square foot in the Bellevue neighborhood. Here is today’s list of the best values for Henrico County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Jackson Pointe Townhomes3 Bedroom 2 Bath3BR,2BA$1.04
Hermitage Manor3 Bedroom - Townhouse3BR,2BA$1.38
Chelsea Square ApartmentsSapphire2BR,1.5BA$1.33
Three Chopt West ApartmentsPine & Spruce2BR,1.5BA$1.30
Townsend SquareTownhomes starting at $1080.00- Now Accepting A...2BR,1BA$0.94
Creekside Manor Apartments3 Bedroom Apartment3BR,1.5BA$1.28
The Greens at Virginia Center2 Bedroom Garden2BR,2BA$1.32
Audubon Village Apartments3 BED / 2 BATH3BR,2BA$1.38
Highland WoodsTwo Bedroom / Phase 12BR,1BA$1.38
Mallard GreensSpring Fever at Mallard Greens (No Cure Needed!)2BR,1BA$1.33

Frequently Asked Questions about Cheap Henrico County Apartments

What is a cheap apartment in Henrico County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Henrico County is under $1,230.

What is the price of a cheap apartment in Henrico County?

The cheapest apartment in Henrico County is Richfield Place Apartments which is listed at $995, while the average apartment in Henrico County costs $2,174.

What types of apartments are the cheapest in Henrico County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 207 regular apartments in Henrico County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Henrico County?

Cheap apartments in Henrico County have an average cost of $634 which is $1,540 cheaper than the average rent for all rentals in Henrico County.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.