Cheap Homes for Rent in Petersburg, VA from $800 (15 Rentals)

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

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.

property at 111 Virginia Ave

$1,099

Total Monthly Price

Total Monthly Price

Base Rent
$1,099

Total Monthly Price
$1,099

3 Bedroom, 1 Bath Home for Rent

Available Now

111 Virginia Ave

PetersburgVA23803

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.

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

Cheapest Neighborhoods for Apartments in Petersburg, VA

Pricing Updated: 02/06/2026

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$2,050$85011

Cheapest Available Petersburg Apartments for Rent

 

The cheapest available apartment rental in Petersburg, VA is a 1 Bed unit found at Cavalier Apartments II priced from $731. Union Flats in the Petersburg Chesterfield neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Petersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cavalier Apartments II1 Bed, 1 bath1BR,1BA$731
Union FlatsOne Bedroom One Bathroom1BR,1BA$795
Summit Pointe Apartments2x1-Small - 2 Bedroom 1 Bath2BR,1BA$799
Studio 622STUStudio,1BA$809
Perry Street LoftsA11BR,1BA$889

Best Value Apartments for Rent in Petersburg, VA

As of February 07, 2026 the best value apartment in the Petersburg area is the $1.23 price per square foot Furnished - Studio 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 - StudioStudio ,1BA$1.23
Cavalier Apartments II3 Beds, 2 baths3BR,2BA$1.17
Branders Bridge Apartments2BR1.5BA2BR,1.5BA$1.13
Mill Creek, Mill Pond & Park Ave ApartmentsPark Ave 2 Bed2BR,1BA$1.28
Cavalier Senior Apartments2 Beds, 2 baths2BR,2BA$1.19
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$1.06
Webster Court ApartmentsWebster Court2BR,1BA$1.15
Commerce Street2BR2BR,1BA$1.09
1121 Stainback St2 Beds, 1 Baths2BR,1BA$1.24
Puddledock Place1 Bed, 1 bath1BR,1BA$1.26

Don'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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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The 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

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

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Frequently Asked Questions about Petersburg

What type of rentals are currently available in Petersburg?

There are currently 137 Apartments for Rent in Petersburg, VA with pricing that ranges from $690 to $2,441. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Petersburg ranging from $850 to $3,200.

What is the current price range for Rental Homes in Petersburg?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Petersburg ranges from $850 to $3,200 with an average monthly rent of $1,861.

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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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.

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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.

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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

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.