
Cheap Homes for Rent in Petersburg, VA from $700 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Petersburg.


1412 Oakdale Ave

117 Graham Rd

513 Halifax St
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.

127 Lafayette Ave

22 Bollingbrook St

835 Gladstone St
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.

835 Gladstone St

1206 Rome St

126 Suffolk Ave

105 Indiana Ln

489 Terrace Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 | $1,439 | $1,099 | $2,000 |
| Petersburg 3 Bedroom Homes for Rent | $1,720 | $750 | $2,500 |
| Petersburg 4 Bedroom Homes for Rent | $1,900 | $1,600 | $2,700 |
Browse Top Homes for Rent in Petersburg
Explore Petersburg
Petersburg, VA Local Guide
- Petersburg Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Petersburg, VA
Pricing Updated: 12/03/2025Current 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 | $1,530 | $824 | 79 |
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. Summit Pointe Apartments in the Petersburg Chesterfield neighborhood 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cavalier Apartments II | 1 Bed, 1 bath | 1BR,1BA | $731 |
| Summit Pointe Apartments | 2x1-Small - 2 Bedroom 1 Bath | 2BR,1BA | $799 |
| Union Flats | Studio | Studio,1BA | $825 |
| Studio 622 | STU | Studio,1BA | $834 |
| Star Lofts | Studio | Studio,1BA | $865 |
Best Value Apartments for Rent in Petersburg, VA
As of December 03, 2025 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Odd Fellows Building | Furnished - Studio | Studio ,1BA | $1.23 |
| Cavalier Apartments II | 3 Beds, 2 baths | 3BR,2BA | $1.17 |
| Branders Bridge Apartments | 2BR1.5BA | 2BR,1.5BA | $1.13 |
| Pinetree | B1 | 2BR,2BA | $1.19 |
| River Road Terrace Apartment Homes | 763-2x1-Upgrade | 2BR,1BA | $1.26 |
| Cavalier Senior Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.19 |
| Petersburg ArtistSpace Lofts | 1 Bedroom | 1BR,1BA | $1.04 |
| Webster Court Apartments | Webster Court | 2BR,1BA | $1.15 |
| Commerce Street | 2BR | 2BR,1BA | $1.09 |
| Puddledock Place | 1 Bed, 1 bath | 1BR,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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 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.
Pet Friendly LifestylePetersburg, VA
Ranked #297
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Petersburg, VA
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 140 Apartments for Rent in Petersburg, VA with pricing that ranges from $731 to $2,441. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Petersburg ranging from $220 to $2,700.
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 $220 to $2,700 with an average monthly rent of $1,441.
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

