
Cheap Apartments for Rent in the Petersburg Chesterfield Neighborhood of Petersburg, VA from $500 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Petersburg Chesterfield area of Petersburg.


Union Flats

Summit Pointe Apartments

Total Monthly Price
Viva Colina

Commerce Street

Market St Lofts

High Street Lofts
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1121 Stainback St, Unit 2108

The Lofts at Dunlop

Total Monthly Price
Petersburg ArtistSpace Lofts

Total Monthly Price
The Bosco

Star Lofts

Total Monthly Price
Old Towne Flats

The Cameron Lofts
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.

Perry Street Lofts

River Road Terrace Apartment Homes

Mayton Transfer Lofts

647 W Washington St

Washington Columns

301 NORTH - Petersburg Loft Living

712 High St
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.

High Street Lofts

Long Lofts

The Lofts at South Street

712 W Washington St

New Castle Apartments

Lakeview Terrace Townhomes

Branders Bridge Apartments
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.

20503 Southlawn Ave, Unit APT B

Colonial Court Apartments
Petersburg Chesterfield, Petersburg, VA Local Guide

How much does it cost to rent an apartment in Petersburg Chesterfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Petersburg Chesterfield Studio Apartments | $1,036 | $182 | $1,750 |
| Petersburg Chesterfield 1 Bedroom Apartments | $1,194 | $775 | $1,782 |
| Petersburg Chesterfield 2 Bedroom Apartments | $1,365 | $799 | $2,422 |
| Petersburg Chesterfield 3 Bedroom Apartments | $1,692 | $1,395 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the Petersburg Chesterfield Neighborhood of Petersburg, VA.
See all Apartments in PetersburgExplore Petersburg
Petersburg Chesterfield, Petersburg, VA Local Guide
- Nearby Petersburg neighborhoods
- Nearby Cities
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- Local Counties
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Cheapest Available Petersburg Chesterfield Apartments for Rent
 The cheapest available apartment rental in the Petersburg Chesterfield area of Richmond, VA is a Studio unit found at Butterworth Flats priced from $182. Washington Columns has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here are the most affordable Petersburg Chesterfield apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Butterworth Flats | 0 Bedroom 2 Bath - 71452 | Studio,2BA | $182 |
| Washington Columns | 1 Beds, 1 Baths | 1BR,1BA | $595 |
| Union Flats | One Bedroom One Bathroom | 1BR,1BA | $775 |
| Summit Pointe Apartments | 2x1-Small - 2 Bedroom 1 Bath | 2BR,1BA | $799 |
| Viva Colina | 2BD | 2BR,1BA | $895 |
| 301 NORTH - Petersburg Loft Living | 600s - One Bedroom | 1BR,1BA | $895 |
| Commerce Street | 2BR | 2BR,1BA | $950 |
| The Lofts at Dunlop | 600s - One Bedroom | 1BR,1BA | $995 |
| The Bosco | 1BR/1.0BA | 1BR,1BA | $1,015 |
| Old Towne Flats | 500s - One Bedroom | 1BR,1BA | $1,047 |
Best Value Apartments for Rent in Petersburg Chesterfield, VA
As of July 01, 2026 the best value apartment in the Petersburg Chesterfield area is the $1.11 price per square foot Colony Wood Townhomes Model at Colony Wood Townhomes in the in the Petersburg Chesterfield neighborhood starting from $1,495. The second greatest value Petersburg Chesterfield apartment is the 2x2 Model at Terrace View Apartments starting at $1,463 with a $1.35 price per square foot in the Petersburg Chesterfield neighborhood. Here is today’s list of the best values for Petersburg Chesterfield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Colony Wood Townhomes | Colony Wood Townhomes | 2BR,1.5BA | $1.11 |
| Terrace View Apartments | 2x2 | 2BR,2BA | $1.35 |
| New Castle Apartments | RD 2x1.5 Townhome | 2BR,1.5BA | $1.36 |
| Walnut Hill | B1 | 2BR,2BA | $1.32 |
| River Road Terrace Apartment Homes | 763-2x1-Renovated | 2BR,1BA | $1.43 |
| Petersburg ArtistSpace Lofts | 1 Bedroom | 1BR,1BA | $1.19 |
| The Bosco | 1BR/1.0BA | 1BR,1BA | $1.22 |
| Commerce Street | 2BR | 2BR,1BA | $1.15 |
| Summit Pointe Apartments | 2x1-Small-Renovated | 2BR,1BA | $1.38 |
| Washington Columns | 1 Beds, 1 Baths | 1BR,1BA | $1.00 |
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.
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 LifestylePetersburg Chesterfield, 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 Cheap Petersburg Chesterfield Apartments
What is the price of a cheap apartment in Petersburg Chesterfield?
The cheapest apartment in Petersburg Chesterfield is Washington Columns which is listed at $595, while the average apartment in Petersburg Chesterfield costs $1,670.
What types of apartments are the cheapest in Petersburg Chesterfield?
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 19 regular apartments in Petersburg Chesterfield that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Petersburg Chesterfield?
Cheap apartments in Petersburg Chesterfield have an average cost of $495 which is $1,175 cheaper than the average rent for all rentals in Petersburg Chesterfield.
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.
Helpful Local Expert Guides

A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA
Written by: Richard Corrigan
Richmond is rightly considered one of the best places to live on the East Coast. We love Richmond’s rich history, phenomenal culinary scene, unique art and culture, and its next-level parks and green spaces.

Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters
Written by: Richard Corrigan
Richmond isn't always thought of as a college town, but there are actually several major colleges and universities here. One thing Richmond does get credit for—and rightfully so—is being a very neighborhood-friendly city.

Explore The River City Like a Local: The Insiders Guide to Renting in Richmond, VA
Written by: Richard Corrigan
Welcome to Richmond! For those unfamiliar, it’s Virginia’s state capitol, a city with a long and rich history, and—some might say—Virginia’s biggest small town. There’s a lot to love about living here.

Your Richmond Neighborhood Guide: Living Near the City's Top Employers
Written by: Richard Corrigan
Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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
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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.

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.