Cheap Apartments for Rent in Richmond, CA from $500 (87 Rentals)

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Search the lowest-cost Apartments available for rent right now in Richmond.

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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Chesley Mutual Housing
2 to 3 Bedroom Apartments

Chesley Mutual Housing

802 Chesley AveRichmond, CA 94801
  • Utilities Included

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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Monterey Pines
2 to 3 Bedroom Apartments

Monterey Pines

680 37th StRichmond, CA 94805
  • Utilities Included
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2601 Center Ave
Studio to 2 Bedroom Apartments

2601 Center Ave

2601 Center AveRichmond, CA 94804
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144 13th St
Studio to 1 Bedroom Apartments

144 13th St

144 13th StRichmond, CA 94801
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201 Sanford Ave
2 Bedroom Apartments

201 Sanford Ave

201 Sanford AveRichmond, CA 94801
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645-647 S 29th St
2 Bedroom Apartments

645-647 S 29th St

645-647 S 29th StRichmond, CA 94804
  • Utilities Included

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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property at 555 Pierce St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

1 Bedroom, 1 Bath Condo for Rent

Available Now

555 Pierce St, Unit #1134, Unit #1134

555 Pierce St
AlbanyCA94706
property at 237 Colusa Ave

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

1 Bedroom, 1 Bath Home for Rent

Available Jun 1

237 Colusa Ave

El CerritoCA94530

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.

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Bay Living Like a Local: The Insider's Guide to Life and Renting in San Francisco, CA

Unlock the personality of Renting and Living in the City by the Bay. Learn where to eat the best tacos, find hidden views, and embrace the charming contradictions of San Francisco life.

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Richmond, CA Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Richmond, CA

Pricing Updated: 05/23/2026

Current apartment rentals in the Richmond, CA area range in price from $1,195 to $13,230 with an overall median price of $5,291. The three Richmond neighborhoods with the lowest median rent pricing are Hilltop Village at $1,413, East Richmond Heights at $1,331, and Point Richmond at $1,195. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Richmond Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Hilltop Village$3,126$1,41373
East Richmond Heights$3,250$1,33176
Point Richmond$3,250$1,19516
Hilltop Green$3,600$1,41393
Hilltop Bayview$13,230$1,41382

Cheapest Available Richmond Apartments for Rent

 

The cheapest available apartment rental in Richmond, CA is a Studio unit found at Terraces at Nevin in the Cortez neighborhood priced from $1,459. Heritage Park at Hilltop| 55+ Senior Affordable Community in the Hilltop neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,665. Here is today’s list of the most affordable Richmond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Terraces at NevinSeniors Studio Type AStudio,1BA$1,459
Heritage Park at Hilltop| 55+ Senior Affordable Community1 Bedroom 1 Bathroom1BR,1BA$1,665
Vista Woods SeniorSenior Affordable StudioStudio,1BA$1,678
Westridge at Hilltop ApartmentsOne Bedroom 60% AMI - Income Restricted1BR,1BA$1,701
Rumrill Place Apartment2BR2BR,1BA$1,750
Hilltop Commons ApartmentsA21BR,1BA$1,782
Baycliff ApartmentsA11BR,1BA$1,782
1 Bed 1 Bath in Historical Building1BR/1.0BA1BR,1BA$1,795
6500 Donal Ave1BR/1.0BA1BR,1BA$1,850
Casa Linda Apartments1/11BR,1BA$1,875

Best Value Apartments for Rent in Richmond, CA

As of May 23, 2026 the best value apartment in the Richmond area is the $2.46 price per square foot 312 Richmond Avenue Model at 162 Santa Fe Ave in the in the Atchison Village neighborhood starting from $2,950. The second greatest value Richmond apartment is the Redwood Model at Sequoia Townhouses starting at $2,500 with a $2.50 price per square foot in the Tara Hills neighborhood. Here is today’s list of the best values for Richmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
162 Santa Fe Ave312 Richmond Avenue2BR,1BA$2.46
Sequoia TownhousesRedwood2BR,1.5BA$2.50
Evergreen ApartmentsStandard 22BR,1BA$2.74
Bayside Apartments2x1-B22BR,1BA$2.55
Casa Linda Apartments1/11BR,1BA$2.40
Casa del Sol2BR/1.0BA2BR,1BA$2.75
Bella Vista at HilltopAvalon1BR,1BA$2.67
The Villas at Harbor PointeMARINA1BR,1BA$2.73
Baycliff ApartmentsA11BR,1BA$2.68
Heritage Park at Hilltop| 55+ Senior Affordable Community1 Bedroom 1 Bathroom1BR,1BA$2.76

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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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in San Francisco

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Bay area for affordable living. Find your perfect San Francisco Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real 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.

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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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Richmond Overview

For East Bay living in the San Francisco area, there?s nothing quite like Richmond, CA. No other city in the region boasts as much waterfront as Richmond! For those looking to move to an apartment in Richmond, your odds of a water view are much higher than in surrounding areas -- all without the headaches of property taxes.

Why live in Richmond, CA?

Where else can you find a diverse community that is nestled between two bays? The San Francisco Bay and the San Pablo Bay each add magic to Richmond. It?s got a laid-back vibe with a nautical history, diverse population and tons of shoreline trails to explore. The cost of living in Richmond is lower than in most of Contra Costa Country. In addition, 10 of its sites are on the National Register of Historic Places.

Richmond, CA
Population: 110,146

Ranked #276

in US Census Population by City

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Best Local Schools in
Richmond, CA

School data provided by Great Schools

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

Explore Richmond, CA Rentals by Map

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Frequently Asked Questions about Cheap Richmond Apartments

What is a cheap apartment in Richmond?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Richmond is under $1,875.

What is the price of a cheap apartment in Richmond?

The cheapest apartment in Richmond is Heritage Park at Hilltop| 55+ Senior Affordable Community which is listed at $1,665, while the average apartment in Richmond costs $5,291.

What types of apartments are the cheapest in Richmond?

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 73 regular apartments in Richmond 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 Richmond?

Cheap apartments in Richmond have an average cost of $707 which is $4,584 cheaper than the average rent for all rentals in Richmond.

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

decorative image for A San Francisco Local Expert’s Guide to the Top Budget-Friendly Bay Area Neighborhoods to Rent article

A San Francisco Local Expert’s Guide to the Top Budget-Friendly Bay Area Neighborhoods to Rent

Written by: Shannon Hilson

If you’re anything like me, the thought of San Francisco is synonymous with concepts like creativity, character, and quirky local style.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in San Francisco

Written by: Shannon Hilson

Naturally, going away to college or university is super exciting in and of itself. It’s the prelude to the rest of your life, not to mention an unforgettable experience all its own.

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Where to Live, Where to Work: Your Guide to Top Neighborhoods to Rent Near San Francisco's 5 Best Employers

Written by: Shannon Hilson

Deciding to move to San Francisco for work is a huge deal. San Fran is exciting and just weird enough to let you know you’re in for an amazing adventure, right from day one.

decorative image for Bay Living Like a Local: The Insiders Guide to Life and Renting in San Francisco, CA article

Bay Living Like a Local: The Insiders Guide to Life and Renting in San Francisco, CA

Written by: Shannon Hilson

San Francisco is so much more than just postcard-perfect views of cable cars and the Golden Gate Bridge.

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.