Cheap Apartments for Rent in the Old Towne Petersburg Neighborhood of Petersburg, VA from $300 (33 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Studio 622
$839 - $989
Total Monthly Price

Total Monthly Price

Base Rent
$809 - $959
Required Monthly Fees
$30

Total Monthly Price
$839 - $989
Studio to 1 Bedroom Apartments Available Now

Studio 622

622 E Wythe StPetersburg, VA 23803
  • Verified
  • 3D Tour

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.

close
View Me
Petersburg ArtistSpace Lofts
Rent Specials
$1,011 - $2,118
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$891 - $1,998
Required Monthly Fees
$120

Total Monthly Price
$1,011 - $2,118
Studio to 2 Bedroom Apartments Available Now

Petersburg ArtistSpace Lofts

120 Perry StPetersburg, VA 23803
Eco-Friendly
  • Verified
  • Customer Reviewed
  • Low Income

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.

close
View Me
Old Towne Flats
$1,181 - $1,401
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,029 - $1,249
Required Monthly Fees
$152

Total Monthly Price
$1,181 - $1,401
Studio to 1 Bedroom Apartments Available Now

Old Towne Flats

230 N Sycamore StPetersburg, VA 23803
Family Friendly
  • Verified
  • Customer Reviewed
  • Smoke Free
close
View Me
Burr Lofts
1 Bedroom Apartments

Burr Lofts

123 Pine StPetersburg, VA 23803
Corporate Housing
close
View Me
141 East
1 to 2 Bedroom Apartments

141 East

141 E Wythe StPetersburg, VA 23803
  • Utilities Included
close
View Me
Petersburg Lofts
1 to 2 Bedroom Apartments

Petersburg Lofts

301 N Dunlop StPetersburg, VA 23803
close
View Me
Union Pen Lofts
1 to 2 Bedroom Apartments

Union Pen Lofts

15 N Union StPetersburg, VA 23803
close
View Me
Lofts on Market
1 to 2 Bedroom Apartments

Lofts on Market

9 S Market StPetersburg, VA 23803
close
View Me
High Street Lofts
Studio to 2 Bedroom Apartments

High Street Lofts

526 High StPetersburg, VA 23803
  • Utilities Included

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.

close
View Me
Jabez Downtown
1 to 2 Bedroom Apartments

Jabez Downtown

15 W Old StPetersburg, VA 23803
Corporate Housing
  • Utilities Included
property at 712 W Washington St

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075

Total Monthly Price
$1,075

2 Bedroom, 1 Bath Townhome for Rent

Available Now

712 W Washington St

PetersburgVA23803
close
View Me
The Cameron Lofts
1 to 3 Bedroom Apartments

The Cameron Lofts

325 Brown StPetersburg, VA 23803
property at 712 High St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom Rentals

Available Now

712 High St

PetersburgVA23803
property at 809 Fort Henry St

$1,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 1 Bath Home for Rent

Available Now

809 Fort Henry St

PetersburgVA23803
property at 104 Lee Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available May 19

104 Lee Ave

Colonial HeightsVA23834

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 406 Bradsher Ave

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Townhome for Rent

Available Now

406 Bradsher Ave

Colonial HeightsVA23834

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 Butterworth Flats priced from $294. Union Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Old Towne Petersburg apartments for rent in Petersburg, VA:

Apartment ListingModel NameBed/BathPriced From
Butterworth Flats0 Bedroom 0.5 Bath - 36075Studio,$294
Union FlatsOne Bedroom One Bathroom1BR,1BA$795
Studio 622STUStudio,1BA$839
Commerce Street2BR2BR,1BA$900
Star LoftsStudioStudio,1BA$947
Elora Gardens at PetersburgOne Bedroom1BR,1BA$999
Webster Court ApartmentsWebster Court2BR,1BA$1,000
Perry Street LoftsA21BR,1BA$1,024
The Lofts at Dunlop1 Bedroom 1 Bath - 416691BR,1BA$1,030
Windham Hills2BR2BR,1BA$1,050

Best Value Apartments for Rent in Old Towne Petersburg, VA

As of April 04, 2026 the best value apartment in the Old Towne Petersburg area is the $1.16 price per square foot Furnished - 1 Bed 1 Bath Model at Odd Fellows Building in the in the Old Towne Petersburg neighborhood starting from $1,795. The second greatest value Old Towne Petersburg apartment is the Three Bedroom Model at Mattox Landing Apartments starting at $1,585 with a $1.48 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.
Odd Fellows BuildingFurnished - 1 Bed 1 Bath1BR,1BA$1.16
Mattox Landing ApartmentsThree Bedroom3BR,2BA$1.48
Courthouse View Apartments2/22BR,2BA$1.49
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$1.19
Webster Court ApartmentsWebster Court2BR,1BA$1.15
Commerce Street2BR2BR,1BA$1.09
Elora Gardens at PetersburgOne Bedroom1BR,1BA$1.32
Windham Hills2BR2BR,1BA$1.40
The Cameron Lofts1 Bedroom 1 Bath - 432271BR,1BA$1.61
Union FlatsOne Bedroom One Bathroom1BR,1BA$1.48

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 Article
Decorative image

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
Decorative image

The 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 Article
Decorative image

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.

Read Article
Decorative image

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

Pet Friendly Lifestyle
Old Towne Petersburg, Petersburg, VA

Ranked #2

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Old Towne Petersburg Apartments

What is a cheap apartment in Old Towne Petersburg?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Towne Petersburg is under $1,050.

What is the price of a cheap apartment in Old Towne Petersburg?

The cheapest apartment in Old Towne Petersburg is Union Flats which is listed at $795, while the average apartment in Old Towne Petersburg costs $1,681.

What types of apartments are the cheapest in Old Towne Petersburg?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Old Towne Petersburg that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

Articles, How-To's, and Tips

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.