Cheap Apartments for Rent in Prince George, VA from $700 (37 Rentals)

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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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Jabez Downtown
1 to 2 Bedroom Apartments

Jabez Downtown

15 W Old StPetersburg, VA 23803
Corporate Housing
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Prince George, VA Local Guide

Cheapest Neighborhoods for Apartments in Prince George, VA

Pricing Updated: 01/01/2026

Current apartment rentals in the Prince George, VA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Prince George Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Petersburg Prince George$2,269$94212

Cheapest Available Prince George Apartments for Rent and Nearby

 

The cheapest available apartment rental in Prince George, VA is a 1 Bed unit found at Cavalier Apartments II priced from $731. Studio 622 in the Old Towne Petersburg neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $809. Here is today’s list of the most affordable Prince George apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cavalier Apartments II1 Bed, 1 bath1BR,1BA$731
Studio 622STUStudio,1BA$809
Union FlatsStudioStudio,1BA$825
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$934
Puddledock Place1 Bed, 1 bath1BR,1BA$942
TANGLEWOOD APARTMENTS1 BEDROOM - SILVER1BR,1BA$975
The Lofts at Union Pen700s - One Bedroom1BR,1BA$995
The Lofts on Market Street600s - One Bedroom1BR,1BA$995
Star LoftsA21BR,1BA$997
Riverside ParkWelcome home to Riverside Park! There are no g...1BR,1BA$999

Best Value Apartments for Rent in Prince George, VA and Nearby

As of January 01, 2026 the best value apartment in the Prince George area is the $1.23 price per square foot Furnished - Studio Model at Odd Fellows Building in the in the Petersburg Chesterfield neighborhood starting from $1,910. The second greatest value Prince George apartment is the 3 Beds, 2 baths Model at Cavalier Apartments II starting at $1,285 with a $1.17 price per square foot . Here is today’s list of the best values for Prince George apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Odd Fellows BuildingFurnished - StudioStudio ,1BA$1.23
Cavalier Apartments II3 Beds, 2 baths3BR,2BA$1.17
Farmingdale TownhousesJamestown2BR,1.5BA$1.34
PinetreeB12BR,2BA$1.19
Bailey's Ridge2 Bed 2 Bath2BR,2BA$1.24
Cavalier Senior Apartments2 Beds, 2 baths2BR,2BA$1.19
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$1.04
Webster Court ApartmentsWebster Court2BR,1BA$1.15
Jesse Lee Apartments2BR2BR,2BA$1.31
Puddledock Place1 Bed, 1 bath1BR,1BA$1.26

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

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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Prince George Apartments

What is a cheap apartment in Prince George?

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

What is the price of a cheap apartment in Prince George?

The cheapest apartment in Prince George is Cavalier Apartments II which is listed at $731, while the average apartment in Prince George costs $2,269.

What types of apartments are the cheapest in Prince George?

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 6 regular apartments in Prince George 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 Prince George?

Cheap apartments in Prince George have an average cost of $561 which is $1,708 cheaper than the average rent for all rentals in Prince George.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!