
Cheap Homes for Rent in Petersburg, VA from $800 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Petersburg.


1348 Rome St

1632 S Valor Dr

1517 Halifax St

118 N Old Church St

104 Lee Ave

126 Suffolk Ave
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.

712 W Washington St

2607 N Stedman Dr

2410 Boulevard

712 High St

21512 Jackson St

406 Bradsher Ave

2212 Ferndale Ave
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.
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 | $1,351 | $950 | $1,995 |
| Petersburg 3 Bedroom Homes for Rent | $1,793 | $1,195 | $2,500 |
| Petersburg 4 Bedroom Homes for Rent | $2,093 | $875 | $3,200 |
| Petersburg 5 Bedroom Homes for Rent | $1,899 | $1,899 | $1,899 |
Browse Top Homes for Rent in Petersburg
Explore Petersburg
Petersburg, VA Local Guide
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Cheapest Neighborhoods for Apartments in Petersburg, VA
Pricing Updated: 04/01/2026Current 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 | $1,681 | $314 | 65 |
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 $294. Cavalier Apartments II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $731. 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 0.5 Bath - 36075 | Studio, | $294 |
| Cavalier Apartments II | 1 Bed, 1 bath | 1BR,1BA | $731 |
| Union Flats | One Bedroom One Bathroom | 1BR,1BA | $795 |
| Summit Pointe Apartments | 2x1-Small - 2 Bedroom 1 Bath | 2BR,1BA | $799 |
| Studio 622 | STU | Studio,1BA | $819 |
Best Value Apartments for Rent in Petersburg, VA
As of April 01, 2026 the best value apartment in the Petersburg area is the $1.16 price per square foot Furnished - 1 Bed 1 Bath Model at Odd Fellows Building in the in the Petersburg Chesterfield neighborhood starting from $1,795. 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 - 1 Bed 1 Bath | 1BR,1BA | $1.16 |
| Cavalier Apartments II | 3 Beds, 2 baths | 3BR,2BA | $1.17 |
| Mill Creek, Mill Pond & Park Ave Apartments | Park Ave 2 Bed | 2BR,1BA | $1.28 |
| River Road Terrace Apartment Homes | 763-2x1 | 2BR,1BA | $1.21 |
| 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 | $1.09 |
| 1121 Stainback St | 2 Beds, 1 Baths | 2BR,1BA | $1.24 |
| Puddledock Place | 1 Bed, 1 bath | 1BR,1BA | $1.26 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleCash 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.
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.
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 141 Apartments for Rent in Petersburg, VA with pricing that ranges from $314 to $2,281. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Petersburg ranging from $875 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 $875 to $3,200 with an average monthly rent of $1,658.
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 $2,044, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $2,500. Four Bedroom Single-Family rentals are also available starting from $875 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

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.
Articles, How-To's, and Tips

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.

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.

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.

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.