Cheap Apartments for Rent in the Petersburg Chesterfield Neighborhood of Petersburg, VA from $700 (27 Rentals)

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

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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.

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Long Lofts
1 Bedroom Apartments

Long Lofts

1131 Commerce StPetersburg, VA 23803
  • Utilities Included
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High Street Lofts
Studio to 2 Bedroom Apartments

High Street Lofts

526 High StPetersburg, VA 23803
  • Utilities Included

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Petersburg Chesterfield, Petersburg, VA Local Guide

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 Union Flats priced from $730. Summit Pointe Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $799. Here are the most affordable Petersburg Chesterfield apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Union FlatsStudioStudio,1BA$730
Summit Pointe Apartments2x1-Small - 2 Bedroom 1 Bath2BR,1BA$799
Perry Street LoftsA11BR,1BA$840
Burr Lofts1BD; 1BTH1BR,1BA$895
Commerce Street Townhomes2 BED 1 BATH2BR,1BA$900
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$909
The Lofts at South Street600s - One Bedroom1BR,1BA$995
301 NORTH - Petersburg Loft Living600s - One Bedroom1BR,1BA$995
The Bosco1BR/1.0BA1BR,1BA$999

Best Value Apartments for Rent in Petersburg Chesterfield, VA

As of June 23, 2025 the best value apartment in the Petersburg Chesterfield area is the $1.30 price per square foot 412 Mistletoe St Model at 412 Mistletoe St, Unit 412 in the in the Petersburg Chesterfield neighborhood starting from $1,600. The second greatest value Petersburg Chesterfield 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 Petersburg Chesterfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
412 Mistletoe St, Unit 412412 Mistletoe St3BR,2BA$1.30
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
Terrace View Apartments2x22BR,2BA$1.36
Branders Bridge Apartments2 BR/ 1 Bath2BR,1BA$1.02
708 Mount Airy St, Unit 708 Mt. Airy St.708 Mount Airy St2BR,1BA$0.91
Walnut HillB12BR,2BA$1.32
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$1.01
Commerce Street Townhomes2 BED 1 BATH2BR,1BA$1.09

Quick Rent Budget Calculator

How much rent can you afford?

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Pet Friendly Lifestyle
Petersburg Chesterfield, Petersburg, VA

Ranked #2

Among neighborhoods in Petersburg, VA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Petersburg Chesterfield Neighborhood in Petersburg, VA

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Petersburg Chesterfield Apartments

What is a cheap apartment in Petersburg Chesterfield?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Petersburg Chesterfield is under $999.

What is the price of a cheap apartment in Petersburg Chesterfield?

The cheapest apartment in Petersburg Chesterfield is Union Flats which is listed at $825, while the average apartment in Petersburg Chesterfield costs $2,050.

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 11 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 $251 which is $1,799 cheaper than the average rent for all rentals in Petersburg Chesterfield.

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.

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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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

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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.