
Cheap Apartments for Rent in Hopewell, VA from $500 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Hopewell.


123 Hopewell St, Unit 123 Boston Street

901 Cedar Level Rd

11125 Chappell Crk Cir

Madison Terrace Apartments

Freedman Point

Total Monthly Price
Riverside Park
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.

Kippax Place

Conway Apartments

Edgewood Apartments

2356 Dellrose Dr

2107 Johnson St

11125 Chappell Crk Cir

Hopewell Lofts
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.

3805 Woodlawn St

1003 Bank St

Total Monthly Price
Studio 622

Webster Court Apartments

Total Monthly Price
New Castle Apartments

Crater Square

Windham Hills
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.

Mayton Transfer Lofts

Lakeview Terrace Townhomes

Branders Bridge Apartments

The Bosco

Colonial Court Apartments

118 N Old Church St

406 Bradsher Ave
Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA
Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.

Jabez Downtown
Hopewell, VA Local Guide

How much does it cost to rent an apartment in Hopewell?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Hopewell Studio Apartments | $932 | $839 | $1,129 |
| Cheap Hopewell 1 Bedroom Apartments | $1,340 | $660 | $1,879 |
| Cheap Hopewell 2 Bedroom Apartments | $1,542 | $995 | $2,218 |
| Cheap Hopewell 3 Bedroom Apartments | $1,763 | $1,409 | $2,244 |
| Cheap Hopewell 4 Bedroom Apartments | $2,629 | $2,609 | $2,709 |
Browse Top Apartments in Hopewell
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Hopewell, VA Local Guide
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Cheapest Available Hopewell Apartments for Rent
 The cheapest available apartment rental in Hopewell, VA is a Studio unit found at Studio 622 in the Old Towne Petersburg neighborhood priced from $839. Webster Court Apartments in the Old Towne Petersburg neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,000. Here is today’s list of the most affordable Hopewell apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Studio 622 | STU | Studio,1BA | $839 |
| Webster Court Apartments | Webster Court | 2BR,1BA | $1,000 |
| Edgewood Apartments | 2 Bedroom 1.5 Bath - 50067 | 2BR,1BA | $1,005 |
| Windham Hills | 2BR | 2BR,1BA | $1,050 |
| Lakeview Terrace Townhomes | The James - Garden Apartment | 1BR,1BA | $1,075 |
| Freedman Point | Two Bedroom | 2BR,1BA | $1,087 |
| Branders Bridge Apartments | 2BR1.5BA | 2BR,1BA | $1,165 |
| Colonial Court Apartments | 2 Bed & 1 Bath | 2BR,1BA | $1,199 |
| Riverside Park | Welcome home to Riverside Park, where we have e... | 1BR,1BA | $1,249 |
| Crater Square | 2 Bedroom 1 Bath | 2BR,1BA | $1,249 |
Best Value Apartments for Rent in Hopewell, VA
As of April 27, 2026 the best value apartment in the Hopewell area is the $1.33 price per square foot B2 Model at Pinetree in the starting from $1,441. The second greatest value Hopewell apartment is the 2x2 Model at Terrace View Apartments starting at $1,463 with a $1.35 price per square foot in the Petersburg Chesterfield neighborhood. Here is today’s list of the best values for Hopewell apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pinetree | B2 | 2BR,2BA | $1.33 |
| Terrace View Apartments | 2x2 | 2BR,2BA | $1.35 |
| Canterbury Townhomes | 2 BR Townhouse | 2BR,1.5BA | $1.40 |
| Branders Bridge Apartments | 2BR1.5BA | 2BR,1.5BA | $1.13 |
| Farmingdale Townhouses | Williamsburg | 2BR,1BA | $1.34 |
| Bailey's Ridge | 2 Bed 2 Bath | 2BR,2BA | $1.33 |
| Webster Court Apartments | Webster Court | 2BR,1BA | $1.15 |
| Freedman Point | Two Bedroom | 2BR,1.5BA | $1.27 |
| Edgewood Apartments | 2 Bedroom 1.5 Bath - 50067 | 2BR,1.5BA | $1.26 |
| Windham Hills | 2BR | 2BR,1BA | $1.40 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleThe Ultimate Renter's Guide for Finding the Perfect Student Friendly Richmond Neighborhood to Rent
Learn about the best neighborhoods for student renters near Richmond Colleges and Universities by our Local Expert Richard Corrigan
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Hopewell, VA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hopewell, VA Rentals by Map
See the most popular apartments and homes in Hopewell, VA
Frequently Asked Questions about Cheap Hopewell Apartments
What is the Cheapest Studio apartment in Hopewell?
Currently the most affordable Cheap Studio Apartment in Hopewell is at Studio 622 listed at $839.
How much is rent for a Cheap One Bedroom Hopewell Apartment?
The lowest price for a Cheap One Bedroom Hopewell Apartment is $1,075 at Lakeview Terrace Townhomes.
What is the lowest price for a Cheap Two Bedroom Hopewell Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hopewell is starting from $1,000 at Webster Court Apartments.
What is the most affordable Hopewell Three Bedroom Apartment?
The best deal on a cheap Hopewell Three Bedroom Apartment rental is at Crater Square and starts from $1,409.
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.
Helpful Local Expert Guides

A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA
Written by: Richard Corrigan
Richmond is rightly considered one of the best places to live on the East Coast. We love Richmond’s rich history, phenomenal culinary scene, unique art and culture, and its next-level parks and green spaces.

Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters
Written by: Richard Corrigan
Richmond isn't always thought of as a college town, but there are actually several major colleges and universities here. One thing Richmond does get credit for—and rightfully so—is being a very neighborhood-friendly city.

Explore The River City Like a Local: The Insiders Guide to Renting in Richmond, VA
Written by: Richard Corrigan
Welcome to Richmond! For those unfamiliar, it’s Virginia’s state capitol, a city with a long and rich history, and—some might say—Virginia’s biggest small town. There’s a lot to love about living here.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.

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.

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.