
Cheap Homes for Rent in Petersburg, VA from $900 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Petersburg.


712 High St

31 S Jefferson St

1221 Montgomery Ave

20503 Southlawn Ave, Unit APT B

15713 S Crater Rd

712 W Washington St
The Richmond Renter's Guide to Living Near Work
Get the inside scoop on Richmond's most livable neighborhoods and find the perfect apartment close to where you work. Our local expert breaks it all down by the city's top employers like VCU Health and Costar.

130 Leavenworth St

2125 Dupuy Rd

1026 Stainback St

27 S Jefferson St

2146 Colston St

1102 Custer St

721 Wilson St
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Petersburg, VA Local Guide

How much does it cost to rent a home in Petersburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Petersburg 2 Bedroom Homes for Rent | $1,428 | $1,100 | $2,115 |
| Petersburg 3 Bedroom Homes for Rent | $1,784 | $1,199 | $2,641 |
| Petersburg 4 Bedroom Homes for Rent | $2,082 | $1,599 | $2,800 |
| Petersburg 5 Bedroom Homes for Rent | $2,159 | $1,599 | $2,500 |
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Petersburg, VA Local Guide
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Cheapest Neighborhoods for Apartments in Petersburg, VA
Pricing Updated: 08/16/2026Current apartment rentals in the Petersburg, VA area range in price from $182 to $2,113 with an overall median price of $1,301. Here is today’s list neighborhoods with the lowest median pricing for Petersburg Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Old Towne Petersburg | $1,301 | $182 | 67 |
Cheapest Available Petersburg Apartments for Rent
 The cheapest available apartment rental in Petersburg, VA is a Studio unit found at Butterworth Flats in the Old Towne Petersburg neighborhood priced from $182. Washington Columns in the Petersburg Chesterfield neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Petersburg apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Butterworth Flats | 0 Bedroom 2 Bath - 71452 | Studio,2BA | $182 |
| Washington Columns | 1 Beds, 1 Baths | 1BR,1BA | $695 |
| Cavalier Apartments II | 1 Bed, 1 bath | 1BR,1BA | $731 |
| Summit Pointe Apartments | 2x1-Small - 2 Bedroom 1 Bath | 2BR,1BA | $799 |
| Stainback | 2 Beds, 1 Baths | 2BR,1BA | $895 |
Best Value Apartments for Rent in Petersburg, VA
As of August 16, 2026 the best value apartment in the Petersburg area is the $0.88 price per square foot 1231 W Washington St Model at 1231 W Washington St, Unit Apt. A (Downstairs) in the in the Petersburg neighborhood starting from $1,500. The second greatest value Petersburg apartment is the 2X2 Model at IVY Gates starting at $1,475 with a $1.08 price per square foot in the Petersburg neighborhood. Here is today’s list of the best values for Petersburg apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1231 W Washington St, Unit Apt. A (Downstairs) | 1231 W Washington St | 3BR,1BA | $0.88 |
| IVY Gates | 2X2 | 2BR,2BA | $1.08 |
| Cavalier Apartments II | 3 Beds, 2 baths | 3BR,2BA | $1.17 |
| Pinetree | B2 | 2BR,2BA | $1.10 |
| Jesse Lee Apartments | 3BR | 3BR,2BA | $1.19 |
| Cavalier Senior Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.19 |
| Petersburg ArtistSpace Lofts | 1 Bedroom | 1BR,1BA | $1.19 |
| Webster Court Apartments | Webster Court | 2BR,1BA | $1.15 |
| Commerce Street | 2BR | 2BR,1BA | $1.21 |
| Washington Columns | 1 Beds, 1 Baths | 1BR,1BA | $1.17 |
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.
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 Petersburg, VA
Walnut Hill Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Petersburg, VA Rentals by Map
See the most popular apartments and homes in Petersburg, VA
Frequently Asked Questions about Petersburg
What type of rentals are currently available in Petersburg?
There are currently 150 Apartments for Rent in Petersburg, VA with pricing that ranges from $182 to $2,113. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Petersburg ranging from $995 to $2,800.
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 $995 to $2,800 with an average monthly rent of $1,701.
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 $1,222 to $2,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,199 to $2,641. Four Bedroom Single-Family rentals are also available starting from $1,599 and Four Bedroom Apartments start at $2,000.
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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