Cheap Apartments for Rent in Richmond City County, VA from $500 (367 Rentals)

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

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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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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Cheapest Available Richmond City County Apartments for Rent

 

The cheapest available apartment rental in Richmond City County, VA is a 1 Bed unit found at New Manchester Flats in the East neighborhood priced from $705. Kingly Ones and Briarwood Court Apartments in the Broad Rock neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Richmond City County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
New Manchester FlatsThe Decatur1BR,1BA$705
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$825
Legacy at Imperial VillageStudioStudio,1BA$835
1822 Williamsburg Rd2 Beds, 1 Baths2BR,1BA$895
Bloom Apartments II1Bed/1Bath: 456 sq ft1BR,1BA$899
Towers on FranklinGoldStudio,1BA$900
Hatcher Tobacco Flats1X11BR,1BA$933
North Oak ApartmentsOne Bedroom1BR,1BA$965
404 Rivertowne Apartment HomesBrookline1BR,1BA$975

Best Value Apartments for Rent in Richmond City County, VA

As of December 04, 2025 the best value apartment in the Richmond City County area is the $1.26 price per square foot Canal 236 2 Beds Model at Lofts and Upper Lofts at Canal Walk - Canal I and Canal II in the in the Downtown Richmond neighborhood starting from $1,637. The second greatest value Richmond City County apartment is the Wood II Model at Townhouses of Chesterfield II starting at $1,110 with a $1.00 price per square foot in the Broad Rock neighborhood. Here is today’s list of the best values for Richmond City County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lofts and Upper Lofts at Canal Walk - Canal I and Canal IICanal 236 2 BedsStudio ,1BA$1.26
Townhouses of Chesterfield IIWood II2BR,1.5BA$1.00
27th Townhomes2 Bedroom 1 Bath - 258132BR,1BA$1.16
Marshall Street Apartments1BR/1.0BA1BR,1BA$1.25
The Arbors at Hull Street Senior Apartments1X11BR,1BA$1.32
City View Place2 Bedroom Unit2BR,1.5BA$1.18
4306 Chamberlayne Ave1 Beds, 1 Baths1BR,1BA$1.29
Belle SummitRainer2BR,2BA$1.21
1822 Williamsburg Rd2 Beds, 1 Baths2BR,1BA$1.12
1527 Mechanicsville Tpke, Unit 11527 Mechanicsville Tpke1BR,1BA$1.17

Frequently Asked Questions about Cheap Richmond City County Apartments

What is a cheap apartment in Richmond City County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Richmond City County is under $975.

What is the price of a cheap apartment in Richmond City County?

The cheapest apartment in Richmond City County is New Manchester Flats which is listed at $706, while the average apartment in Richmond City County costs $2,120.

What types of apartments are the cheapest in Richmond City County?

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 477 regular apartments in Richmond City County 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 City County?

Cheap apartments in Richmond City County have an average cost of $529 which is $1,591 cheaper than the average rent for all rentals in Richmond City County.

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.