
Cheap Homes for Rent in Old Towne Petersburg Neighborhood of Petersburg, VA from $800 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Old Towne Petersburg area of Petersburg.


127 Lafayette 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.

132 Chesterfield Ave

1206 Rome 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.
Old Towne Petersburg, Petersburg, VA Local Guide

How much does it cost to rent a home in Old Towne Petersburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Towne Petersburg 2 Bedroom Homes for Rent | $1,395 | $1,000 | $1,700 |
| Old Towne Petersburg 3 Bedroom Homes for Rent | $2,056 | $1,675 | $2,500 |
| Old Towne Petersburg 4 Bedroom Homes for Rent | $1,849 | $1,399 | $2,300 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Old Towne Petersburg Neighborhood of Petersburg, VA.
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Old Towne Petersburg, Petersburg, VA Local Guide
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Best Value Apartments for Rent in Old Towne Petersburg, VA
As of December 25, 2025 the best value apartment in the Old Towne 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 Old Towne Petersburg apartment is the 1 Bedroom Model at Petersburg ArtistSpace Lofts starting at $934 with a $1.04 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Odd Fellows Building | Furnished - Studio | Studio ,1BA | $1.23 |
| Petersburg ArtistSpace Lofts | 1 Bedroom | 1BR,1BA | $1.04 |
| The Lofts at Dunlop | 800s - Two Bedroom | 2BR,2BA | $1.51 |
| Mattox Landing Apartments | Two Bedroom | 2BR,2BA | $1.49 |
| Webster Court Apartments | Webster Court | 2BR,1BA | $1.15 |
| High Street Lofts | 1 x 1 - Outlast | 1BR,1BA | $1.63 |
| Commerce Street | 2BR | 2BR,1BA | $1.09 |
| Windham Hills | 2BR | 2BR,1BA | $1.40 |
| The Lofts on Market Street | 600s - One Bedroom | 1BR,1BA | $1.49 |
| The Lofts at Union Pen | 600s - One Bedroom | 1BR,1BA | $1.53 |
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 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 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 LifestyleOld Towne Petersburg, Petersburg, VA
Ranked #2
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Old Towne Petersburg
What type of rentals are currently available in Old Towne Petersburg?
There are currently 72 Apartments for Rent in Old Towne Petersburg, VA with pricing that ranges from $802 to $2,441. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Towne Petersburg ranging from $850 to $2,500.
What is the current price range for Rental Homes in Old Towne Petersburg?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Towne Petersburg ranges from $850 to $2,500 with an average monthly rent of $1,549.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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!