Cheap Homes for Rent in Old Towne Petersburg Neighborhood of Petersburg, VA from $900 (5 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 the Old Towne Petersburg area of 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.

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.

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 $799. 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$799
Perry Street LoftsA11BR,1BA$840

Best Value Apartments for Rent in Old Towne Petersburg, VA

As of June 25, 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 702 Grove Ave Model at 702 Grove Ave, Unit 702 starting at $1,500 with a $1.25 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
702 Grove Ave, Unit 702702 Grove Ave3BR,2BA$1.25
The Bosco1BR/1.0BA1BR,1BA$0.91
Odd Fellows Building2 Bed 2 Bath2BR,2BA$1.36
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$1.01
Webster Court ApartmentsWebster Court2BR,1BA$1.15
Commerce Street Townhomes2 BED 1 BATH2BR,1BA$1.09
Elora Gardens at PetersburgOne Bedroom1BR,1BA$1.41
The Cameron Lofts600s - One Bedroom1BR,1BA$1.51
Perry Street LoftsA11BR,1BA$1.51

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 Old Towne Petersburg

What type of rentals are currently available in Old Towne Petersburg?

There are currently 75 Apartments for Rent in Old Towne Petersburg, VA with pricing that ranges from $799 to $2,076. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Towne Petersburg ranging from $950 to $2,300.

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 $950 to $2,300 with an average monthly rent of $1,404.

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 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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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

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.