Cheap Homes for Rent in Petersburg, VA from $600 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article
Showing Results 1-10, Page 1 of 1

Petersburg, VA Local Guide

Cheapest Neighborhoods for Apartments in Petersburg, VA

Pricing Updated: 07/30/2025

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$1,538$79974

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 $683. Union Flats in the Petersburg Chesterfield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $730. Here is today’s list of the most affordable Petersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cavalier Apartments II1 Bed, 1 bath1BR,1BA$683
Union FlatsStudioStudio,1BA$730
Studio 622StudioStudio,1BA$749

Best Value Apartments for Rent in Petersburg, VA

As of July 30, 2025 the best value apartment in the Petersburg area is the $0.91 price per square foot 1BR/1.0BA Model at The Bosco in the in the Petersburg Chesterfield neighborhood starting from $999. The second greatest value Petersburg apartment is the B1 Model at Walnut Hill starting at $1,300 with a $1.32 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.
The Bosco1BR/1.0BA1BR,1BA$0.91
Walnut HillB12BR,2BA$1.32
Cavalier Apartments II2 Beds, 2 baths2BR,2BA$1.08
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
Elora Gardens at PetersburgOne Bedroom1BR,1BA$1.28
Puddledock Place II1 Bed, 1 bath1BR,1BA$1.26
Summit Pointe Apartments2x1-Small-Renovated2BR,1BA$1.38

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Petersburg

What type of rentals are currently available in Petersburg?

There are currently 149 Apartments for Rent in Petersburg, VA with pricing that ranges from $683 to $2,575. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Petersburg ranging from $600 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 $600 to $3,200 with an average monthly rent of $1,428.

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.

decorative image for A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.