Cheap Apartments for Rent in the Petersburg Chesterfield Neighborhood of Petersburg, VA from $300 (27 Rentals)

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

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.

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Petersburg ArtistSpace Lofts
$1,011 - $2,118
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$891 - $1,998
Required Monthly Fees
$120

Total Monthly Price
$1,011 - $2,118
Studio to 2 Bedroom Apartments Available Now

Petersburg ArtistSpace Lofts

120 Perry StPetersburg, VA 23803
Eco-Friendly
  • Verified
  • Customer Reviewed
  • Low Income

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.

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Old Towne Flats
Rent Specials
$1,131 - $1,351
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$979 - $1,199
Required Monthly Fees
$152

Total Monthly Price
$1,131 - $1,351
Studio to 1 Bedroom Apartments Available Now

Old Towne Flats

230 N Sycamore StPetersburg, VA 23803
Family Friendly
  • Verified
  • Customer Reviewed
  • Smoke Free
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Petersburg Lofts
1 to 2 Bedroom Apartments

Petersburg Lofts

301 N Dunlop StPetersburg, VA 23803
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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

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.

property at 712 W Washington St

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075

Total Monthly Price
$1,075

2 Bedroom, 1 Bath Townhome for Rent

Available Now

712 W Washington St

PetersburgVA23803
property at 809 Fort Henry St

$1,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 1 Bath Home for Rent

Available Now

809 Fort Henry St

PetersburgVA23803
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New Castle Apartments
$1,004 - $1,554
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$949 - $1,499
Required Monthly Fees
$55

Total Monthly Price
$1,004 - $1,554
1 to 3 Bedroom Apartments Available Now

New Castle Apartments

201 Newcastle DrColonial Heights, VA 23834
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

property at 406 Bradsher Ave

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Townhome for Rent

Available Now

406 Bradsher Ave

Colonial HeightsVA23834
property at 21512 Jackson St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 Bedroom, 1 Bath Home for Rent

Available Now

21512 Jackson St

EttrickVA23803

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 Butterworth Flats priced from $294. Union Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable Petersburg Chesterfield apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Butterworth Flats0 Bedroom 0.5 Bath - 36075Studio,$294
Union FlatsOne Bedroom One Bathroom1BR,1BA$775
Summit Pointe Apartments2x1-Small - 2 Bedroom 1 Bath2BR,1BA$799
Commerce Street2BR2BR,1BA$950
Viva Colina2BD2BR,1BA$995
Long LoftsThe Appomattox1BR,1BA$1,000
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$1,071
Lakeview Terrace TownhomesThe James - Garden Apartment1BR,1BA$1,075
The Lofts at Dunlop1 Bedroom 1 Bath - 562411BR,1BA$1,079
Perry Street LoftsA11BR,1BA$1,095

Best Value Apartments for Rent in Petersburg Chesterfield, VA

As of May 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Colony Wood TownhomesColony Wood Townhomes2BR,1.5BA$1.11
Terrace View Apartments2x22BR,2BA$1.35
Branders Bridge Apartments2BR1.5BA2BR,1.5BA$1.13
New Castle ApartmentsRD 2x1.5 Townhome2BR,1.5BA$1.42
Walnut HillB12BR,2BA$1.32
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$1.19
Mattox Landing ApartmentsTwo Bedroom2BR,2BA$1.56
Commerce Street2BR2BR,1BA$1.15
Summit Pointe Apartments2x1-Small-Renovated2BR,1BA$1.38
Union FlatsOne Bedroom One Bathroom1BR,1BA$1.44

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The 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.

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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.

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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.

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Pet Friendly Lifestyle
Petersburg Chesterfield, Petersburg, VA

Ranked #1

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,095.

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

The cheapest apartment in Petersburg Chesterfield is Union Flats which is listed at $775, while the average apartment in Petersburg Chesterfield costs $1,687.

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 17 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 $523 which is $1,164 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

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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.

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Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters

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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.

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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.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.