Cheap Homes for Rent in Richmond, CA from $1,500 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes 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.

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.

property at 1315 Spruce St

$2,240

1 Bedroom, 1 Bath Rentals

Available Now

1

1315 Spruce St
BerkeleyCA94709

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.

Richmond, CA Local Guide

Cheapest Neighborhoods for Apartments in Richmond, CA

Pricing Updated: 06/19/2026

Current apartment rentals in the Richmond, CA area range in price from $1,250 to $5,165 with an overall median price of $3,136. The three Richmond neighborhoods with the lowest median rent pricing are Point Richmond at $1,250, East Richmond Heights at $1,413, and Hilltop Village at $1,413. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Richmond Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Point Richmond$2,800$1,25015
East Richmond Heights$2,950$1,41373
Hilltop Village$3,126$1,41377
Hilltop Bayview$3,208$1,41384
Hilltop Green$3,600$1,41399

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 $1,508. 1333 Market Ave in the Devon Square neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,549. 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$1,508
1333 Market Ave1 Beds, 1 Baths1BR,1BA$1,549
Vista Woods SeniorSenior Affordable StudioStudio,1BA$1,678
945 S 45th St1 Beds, 1 Baths1BR,1BA$1,695
Westridge at Hilltop ApartmentsOne Bedroom 60% AMI - Income Restricted1BR,1BA$1,701

Best Value Apartments for Rent in Richmond, CA

As of June 19, 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
Bayside Apartments2x1-B22BR,1BA$2.55
1233 S 56th St2 Beds, 1 Baths2BR,1BA$2.56
Casa Linda Apartments1/11BR,1BA$2.40
2030 Stanton Ave2 Beds, 1 Baths2BR,1BA$2.65
146-156 Marina Way2 Beds, 1 Baths2BR,1BA$2.51
Bella Vista at HilltopAvalon1BR,1BA$2.67
149 Marina Way, Unit ApartmentD149 Marina Way1BR,1BA$2.71
Baycliff ApartmentsA11BR,1BA$2.68

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 Article
Decorative image

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

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Richmond, CA
Population: 110,146

Ranked #276

in US Census Population by City

decorative image of people examining a giant globe and floating graphs

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

Explore Richmond, CA Rentals by Map

View Map
Richmond, CA Apartments Map
View Map
Richmond, CA Rental Homes Map

Frequently Asked Questions about Richmond

What type of rentals are currently available in Richmond?

There are currently 1642 Apartments for Rent in Richmond, CA with pricing that ranges from $1,250 to $14,366. There are also 82 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $1,500 to $8,975.

What is the current price range for Rental Homes in Richmond?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Richmond ranges from $1,500 to $8,975 with an average monthly rent of $4,382.

How much are larger Three and Four Bedroom Rentals in Richmond?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Richmond range from $2,400 to $5,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,850 to $8,800. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $2,800.

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in San Francisco article

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.

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

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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.