Cheap Homes for Rent in Petersburg, VA from $800 (17 Rentals)

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

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.

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.

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.

Petersburg, VA Local Guide

Cheapest Neighborhoods for Apartments in Petersburg, VA

Pricing Updated: 06/18/2025

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$1,455$730110

Cheapest Available Petersburg Apartments for Rent

 

The cheapest available apartment rental in Petersburg, VA is a Studio unit found at Union Flats in the Old Towne Petersburg neighborhood priced from $730. Summit Pointe Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $799. Here is today’s list of the most affordable Petersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Union FlatsStudioStudio,1BA$730
Summit Pointe Apartments2x1-Small - 2 Bedroom 1 Bath2BR,1BA$799
Studio 622StudioStudio,1BA$799
Puddledock Place II1 Bed, 1 bath1BR,1BA$880
Burr Lofts1BD; 1BTH1BR,1BA$895

Best Value Apartments for Rent in Petersburg, VA

As of June 18, 2025 the best value apartment in the Petersburg area is the $1.25 price per square foot 702 Grove Ave Model at 702 Grove Ave, Unit 702 in the in the Petersburg Chesterfield neighborhood starting from $1,500. The second greatest value Petersburg apartment is the 1BR/1.0BA Model at The Bosco starting at $1,025 with a $0.93 price per square foot in the Petersburg Chesterfield neighborhood. 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.
702 Grove Ave, Unit 702702 Grove Ave3BR,2BA$1.25
The Bosco1BR/1.0BA1BR,1BA$0.93
Branders Bridge Apartments2 BR/ 1 Bath2BR,1BA$1.02
708 Mount Airy St, Unit 708 Mt. Airy St.708 Mount Airy St2BR,1BA$0.91
Aubrey Apartments2b1b2BR,1BA$1.30
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$1.01
Webster Court ApartmentsWebster Court2BR,1BA$1.15
Jesse Lee Apartments2BR2BR,2BA$1.08
Commerce Street Townhomes2 BED 1 BATH2BR,1BA$1.09
Puddledock Place II1 Bed, 1 bath1BR,1BA$1.17

Quick Rent Budget Calculator

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Frequently Asked Questions about Petersburg

What type of rentals are currently available in Petersburg?

There are currently 144 Apartments for Rent in Petersburg, VA with pricing that ranges from $730 to $2,575. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Petersburg ranging from $899 to $2,300.

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 $899 to $2,300 with an average monthly rent of $1,559.

How much are larger Three and Four Bedroom Rentals in Petersburg?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Petersburg range from $1,020 to $1,948, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,499 and Four Bedroom Apartments start at $2,050.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.