
Cheap Homes for Rent in the Old Towne Petersburg Neighborhood of Petersburg, VA from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Old Towne Petersburg area of Petersburg.


104 Lee Ave

712 High St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

131 S Old Church St, Unit B

712 W Washington St

27 S Jefferson St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,402 | $1,170 | $1,900 |
| Old Towne Petersburg 3 Bedroom Homes for Rent | $1,799 | $1,350 | $2,400 |
| Old Towne Petersburg 4 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
| Old Towne Petersburg 5 Bedroom Homes for Rent | $1,847 | $1,799 | $1,895 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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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Cheapest Available Old Towne Petersburg Apartments for Rent
 The cheapest available apartment rental in the Old Towne Petersburg area of Petersburg, VA is a 1 Bed unit found at Washington Columns priced from $695. Studio 622 has the second lowest priced unit, which is a Studio apartment currently listed from $834. Here are the most affordable Old Towne Petersburg apartments for rent in Petersburg, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Washington Columns | 1 Beds, 1 Baths | 1BR,1BA | $695 |
| Studio 622 | STU | Studio,1BA | $834 |
| The Lofts at Dunlop | 600s - One Bedroom | 1BR,1BA | $995 |
Best Value Apartments for Rent in Old Towne Petersburg, VA
As of August 02, 2026 the best value apartment in the Old Towne Petersburg area is the $0.88 price per square foot 1231 W Washington St Model at 1231 W Washington St, Unit Apt. A (Downstairs) in the in the Petersburg neighborhood starting from $1,500. The second greatest value Old Towne Petersburg apartment is the Three Bedroom Model at Mattox Landing Apartments starting at $1,670 with a $1.56 price per square foot in the Petersburg Colonial Heights 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. |
|---|---|---|---|
| 1231 W Washington St, Unit Apt. A (Downstairs) | 1231 W Washington St | 3BR,1BA | $0.88 |
| Mattox Landing Apartments | Three Bedroom | 3BR,2BA | $1.56 |
| Webster Court Apartments | Webster Court | 2BR,1BA | $1.15 |
| The Bosco | 1BR/1.0BA | 1BR,1BA | $1.22 |
| Commerce Street | 2BR | 2BR,1BA | $1.21 |
| Windham Hills | 2BR | 2BR,1BA | $1.40 |
| The Cameron Lofts | 600s - One Bedroom | 1BR,1BA | $1.56 |
| Washington Columns | 1 Beds, 1 Baths | 1BR,1BA | $1.17 |
| The Lofts at Union Pen | 500s - One Bedroom | 1BR,1BA | $1.69 |
| 30 Franklin Apartments | 500s - One Bedroom | 1BR,1BA | $1.72 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Pet Friendly LifestyleOld Towne Petersburg, Petersburg, VA
Ranked #1
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 78 Apartments for Rent in Old Towne Petersburg, VA with pricing that ranges from $690 to $2,100. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Towne Petersburg ranging from $695 to $3,500.
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 $695 to $3,500 with an average monthly rent of $1,581.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.