Cheap Apartments for Rent in Petersburg, VA from $300 (16 Rentals)

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

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Butterworth Flats
$294 - $1,760
Total Monthly Price

Total Monthly Price

Base Rent
$294 - $1,760

Total Monthly Price
$294 - $1,760
Studio to 2 Bedroom Apartments Available Now

Butterworth Flats

132 N Sycamore StPetersburg, VA 23803
Affordability
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  • Customer Reviewed
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Union Flats
$690 - $860
Total Monthly Price

Total Monthly Price

Base Rent
$690 - $860

Total Monthly Price
$690 - $860
Studio to 1 Bedroom Apartments Available Now

Union Flats

36 N Union StPetersburg, VA 23803
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Cavalier Apartments II
Rent Specials
$731 - $1,580
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$731 - $1,580

Total Monthly Price
$731 - $1,580
1 to 3 Bedroom Apartments Available Now

Cavalier Apartments II

100 Cavalier DrPetersburg, VA 23805
Senior Living
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  • Utilities Included
  • Low Income
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Star Lofts
$745 - $1,660
Total Monthly Price

Total Monthly Price

Base Rent
$745 - $1,660

Total Monthly Price
$745 - $1,660
Studio to 2 Bedroom Apartments Available Now

Star Lofts

16 S Market StPetersburg, VA 23803
Corporate Housing
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  • Customer Reviewed

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

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property at 616 Harrison St

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

616 Harrison St

PetersburgVA23803
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Studio 622
Rent Specials
$839 - $1,019
Total Monthly Price

Total Monthly Price

Base Rent
$809 - $989
Required Monthly Fees
$30

Total Monthly Price
$839 - $1,019
Studio to 1 Bedroom Apartments Available Now

Studio 622

622 E Wythe StPetersburg, VA 23803
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Aubrey Apartments
Rent Specials
$900 - $1,325
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900 - $1,325

Total Monthly Price
$900 - $1,325
1 to 3 Bedroom Apartments Available Apr 8

Aubrey Apartments

1800 Boydton Plank RdPetersburg, VA 23805
Family Friendly
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Commerce Street
$900
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900
2 Bedroom Apartments Available Now

Commerce Street

645 Commerce StPetersburg, VA 23803
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Quail Oaks Apartments
2 Bedroom Apartments

Quail Oaks Apartments

2711 S Crater RdPetersburg, VA 23805
  • Utilities Included
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Burr Lofts
1 Bedroom Apartments

Burr Lofts

123 Pine StPetersburg, VA 23803
Corporate Housing

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.

Petersburg, VA Local Guide

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Cheapest Neighborhoods for Apartments in Petersburg, VA

Pricing Updated: 03/22/2026

Current apartment rentals in the Petersburg, VA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Petersburg Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Old Towne Petersburg$2,395$1,00016

Cheapest Available Petersburg Apartments for Rent

 

The cheapest available apartment rental in Petersburg, VA is a Studio unit found at Butterworth Flats in the Petersburg Chesterfield neighborhood priced from $294. Cavalier Apartments II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $731. Here is today’s list of the most affordable Petersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Butterworth Flats0 Bedroom 0.5 Bath - 36075Studio,$294
Cavalier Apartments II1 Bed, 1 bath1BR,1BA$731
Star LoftsStudioStudio,1BA$745
Union FlatsOne Bedroom One Bathroom1BR,1BA$795
Summit Pointe Apartments2x1-Small - 2 Bedroom 1 Bath2BR,1BA$799

Best Value Apartments for Rent in Petersburg, VA

As of March 22, 2026 the best value apartment in the Petersburg area is the $1.23 price per square foot Furnished - 1 Bed 1 Bath Model at Odd Fellows Building in the in the Petersburg Chesterfield neighborhood starting from $1,910. The second greatest value Petersburg apartment is the 3 Beds, 2 baths Model at Cavalier Apartments II starting at $1,285 with a $1.17 price per square foot . Here is today’s list of the best values for Petersburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Odd Fellows BuildingFurnished - 1 Bed 1 Bath1BR,1BA$1.23
Cavalier Apartments II3 Beds, 2 baths3BR,2BA$1.17
Cavalier Senior Apartments2 Beds, 2 baths2BR,2BA$1.19
Mill Creek, Mill Pond & Park Ave ApartmentsPark Ave 2 Bed2BR,1BA$1.28
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$1.19
Webster Court ApartmentsWebster Court2BR,1BA$1.15
Jesse Lee Apartments2BR2BR,2BA$1.31
Commerce Street2BR2BR,1BA$1.09
1121 Stainback St2 Beds, 1 Baths2BR,1BA$1.24
Puddledock Place1 Bed, 1 bath1BR,1BA$1.26

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Petersburg Overview

Located in Eastern Virginia at the fall line of the Appomattox River is Petersburg, VA. This town offers both beauty and modern conveniences as well as a rich history. A walk-through area neighborhoods will delight any history buff, while the modern offerings and innovative transportation options also make it a great place to live in today’s time. Therefore, choosing Petersburg apartments is a great way to experience a truly unique city, with both modern and historic offerings. 

Why live in Petersburg, VA?

The city of Petersburg, VA offers a variety of activities while providing an affordable rental market for families or singles. The city is rich in historic sites but also provides outdoor enthusiasts with many options as well thanks to its outdoor parks. In addition, the city overall is in close proximity to larger cities as well as coastal destinations that make Petersburg a unique mixture of a small town and suburban feel while offering annual festivals and transportation options. 

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Petersburg Apartments

What is the Cheapest Studio apartment in Petersburg?

Currently the most affordable Cheap Studio Apartment in Petersburg is at Butterworth Flats listed at $294.

How much is rent for a Cheap One Bedroom Petersburg Apartment?

The lowest price for a Cheap One Bedroom Petersburg Apartment is $731 at Cavalier Apartments II.

What is the lowest price for a Cheap Two Bedroom Petersburg Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Petersburg is starting from $799 at Summit Pointe Apartments.

What is the most affordable Petersburg Three Bedroom Apartment?

The best deal on a cheap Petersburg Three Bedroom Apartment rental is at Puddledock Place and starts from $1,284.

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

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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.

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Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters

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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.

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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.

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