647 W Washington St
PetersburgVA23803
Cheap Homes for Rent in Petersburg, VA from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Petersburg.
126 Suffolk Ave
Colonial HeightsVA23834
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$9952 Bedroom Apartments Available Now
1121 Stainback St, Unit 2108
1121 Stainback StPetersburg, VA 23803
104 Lee Ave
Colonial HeightsVA23834
712 High St
PetersburgVA23803
1013 Kensington Ave
Colonial HeightsVA23834
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.
24000 Sequoia Rd
PetersburgVA23803
20503 Southlawn Ave, Unit APT B
20503 Southlawn Ave
South ChesterfieldVA23803
95 Slagle Ave, Unit 505201
95 Slagle Ave
PetersburgVA23803
4422 Baxter Rd
Prince GeorgeVA23875
712 W Washington St
PetersburgVA23803
27 S Jefferson St
PetersburgVA23803
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.
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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 | $1,336 | $1,100 | $1,700 |
| Petersburg 3 Bedroom Homes for Rent | $1,647 | $1,299 | $1,957 |
| Petersburg 4 Bedroom Homes for Rent | $2,312 | $1,800 | $2,800 |
| Petersburg 5 Bedroom Homes for Rent | $2,149 | $1,699 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Petersburg, VA Local Guide
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Cheapest Neighborhoods for Apartments in Petersburg, VA
Pricing Updated: 07/02/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Old Towne Petersburg | $1,900 | $595 | 9 |
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 $182. Washington Columns in the Petersburg Chesterfield neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. 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 | $595 |
| Cavalier Apartments II | 1 Bed, 1 bath | 1BR,1BA | $731 |
| Union Flats | One Bedroom One Bathroom | 1BR,1BA | $775 |
| Summit Pointe Apartments | 2x1-Small - 2 Bedroom 1 Bath | 2BR,1BA | $799 |
Best Value Apartments for Rent in Petersburg, VA
As of July 03, 2026 the best value apartment in the Petersburg area is the $0.93 price per square foot 4 Beds, 1.5 Baths Model at 212-222 E Wythe St in the in the Petersburg neighborhood starting from $1,295. 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 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. |
|---|---|---|---|
| 212-222 E Wythe St | 4 Beds, 1.5 Baths | 4BR,1.5BA | $0.93 |
| Cavalier Apartments II | 3 Beds, 2 baths | 3BR,2BA | $1.17 |
| Pinetree | B2 | 2BR,2BA | $1.10 |
| Cavalier Senior Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.19 |
| Petersburg ArtistSpace Lofts | 1 Bedroom | 1BR,1BA | $1.19 |
| Liberty Pointe | 2 Bdrm | 2BR,1BA | $1.23 |
| Webster Court Apartments | Webster Court | 2BR,1BA | $1.15 |
| The Bosco | 1BR/1.0BA | 1BR,1BA | $1.22 |
| Puddledock Place | 1 Bed, 1 bath | 1BR,1BA | $1.26 |
| Washington Columns | 1 Beds, 1 Baths | 1BR,1BA | $1.00 |
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 Article
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
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.
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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.
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Best Local Schools in Petersburg, VA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 146 Apartments for Rent in Petersburg, VA with pricing that ranges from $182 to $2,312. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Petersburg ranging from $595 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 $595 to $2,800 with an average monthly rent of $1,702.
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.
Your Richmond Neighborhood Guide: Living Near the City's Top Employers
Written by: Richard Corrigan
Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.
Articles, How-To's, and Tips
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.