Cheap Apartments for Rent in the Old Towne Petersburg Neighborhood of Petersburg, VA from $700 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Towne Petersburg area of Petersburg.

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141 East
1 Bedroom Apartments

141 East

141 E Wythe StPetersburg, VA 23803
  • Utilities Included
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Old Towne Flats
Studio to 1 Bedroom Apartments

Old Towne Flats

230 N Sycamore StPetersburg, VA 23803
Showing Results 1-20, Page 1 of 1

Old Towne Petersburg, Petersburg, VA Local Guide

Cheapest Available Old Towne Petersburg Apartments for Rent

 

The cheapest available apartment rental in the Old Towne Petersburg area of Petersburg, VA is a Studio unit found at Union Flats priced from $730. Studio 622 has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Old Towne Petersburg apartments for rent in Petersburg, VA:

Apartment ListingModel NameBed/BathPriced From
Union FlatsStudioStudio,1BA$730
Studio 622StudioStudio,1BA$749
Perry Street LoftsA1A1BR,1BA$840
The Lofts at Union Pen700s - One Bedroom1BR,1BA$895
Burr Lofts1BD; 1BTH1BR,1BA$895

Best Value Apartments for Rent in Old Towne Petersburg, VA

As of July 15, 2025 the best value apartment in the Old Towne Petersburg area is the $1.42 price per square foot 2 x 2 - Imagine Model at High Street Lofts in the in the Petersburg Chesterfield neighborhood starting from $1,742. The second greatest value Old Towne Petersburg apartment is the 1BR/1.0BA Model at The Bosco starting at $999 with a $0.91 price per square foot in the Petersburg Chesterfield neighborhood. Here is today’s list of the best values for Old Towne Petersburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
High Street Lofts2 x 2 - Imagine2BR,2BA$1.42
The Bosco1BR/1.0BA1BR,1BA$0.91
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$1.01
Mattox Landing ApartmentsTwo Bedroom2BR,2BA$1.49
Webster Court ApartmentsWebster Court2BR,1BA$1.15
Commerce Street Townhomes2 BED 1 BATH2BR,1BA$1.09
Elora Gardens at PetersburgOne Bedroom1BR,1BA$1.24
Windham Hills2 Bed 1 BATH2BR,1BA$1.40
The Cameron Lofts600s - One Bedroom1BR,1BA$1.51
The Lofts at Union Pen500s - One Bedroom1BR,1BA$1.52

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Pet Friendly Lifestyle
Old Towne Petersburg, Petersburg, VA

Ranked #2

Among neighborhoods in Petersburg, VA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Old Towne Petersburg Neighborhood in Petersburg, VA

Walk Score®

76 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Old Towne Petersburg Apartments

What is the Cheapest Studio apartment in Old Towne Petersburg?

Currently the most affordable Cheap Studio Apartment in Old Towne Petersburg is at Union Flats listed at $730.

How much is rent for a Cheap One Bedroom Old Towne Petersburg Apartment?

The lowest price for a Cheap One Bedroom Old Towne Petersburg Apartment is $825 at Union Flats.

What is the lowest price for a Cheap Two Bedroom Old Towne Petersburg Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Old Towne Petersburg is starting from $900 at Commerce Street Townhomes.

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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.