
Cheap Apartments for Rent near Richmond, MA from $800 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Richmond.


Lenox Schoolhouse Apartments

The Kennedy

The Kenmore

Primrose Gardens

Mill Creek

39 Columbia Street

Brafferton Square Apartments

Joslen Commons Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Greenbush Station

Industrie Apartments

Abraxas at 90 State

The Rise: Downtown

The Argus Apartments

Capitol View

DeLaet's Landing

Kinwood Apartments

44 James
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Forrest Pointe

Stonegate Apartments

Eagle Rock Apartments & Townhomes at Rensselaer

Van Allen Apartments

Locust View

Woodhill Apartments

Steuben Place Apartments

TOWN CENTER

The Spinney at Pond View
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Forge

125A Tamarack Rd

Park Place at Glenmont Square, LLC

465 Chapel St

Oakbrook Manor

Pinetree Apartments

Brooke Pointe

7 Pohndorf Dr

Greenbush Terrace
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.

The McManus

Park Place at 60 State

The Arcade Building

7 North St

Mahaiwe Building

2825 Best Ln

14 Franco Terrace

151 Valley View Rd

25 Forest Pl
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.

Hudson Depot Lofts

16 Longley Dr
Richmond, MA Local Guide

How much does it cost to rent an apartment in Richmond?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Richmond Studio Apartments | $1,607 | $990 | $1,945 |
| Richmond 1 Bedroom Apartments | $1,856 | $990 | $2,575 |
| Richmond 2 Bedroom Apartments | $2,233 | $1,235 | $3,500 |
| Richmond 3 Bedroom Apartments | $2,583 | $1,971 | $4,650 |
Browse Top Apartments in Richmond
See all Apartments in RichmondExplore Richmond
Richmond, MA Local Guide
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Cheapest Available Richmond Apartments for Rent and Nearby
 The cheapest available apartment rental in Richmond, MA is a Studio unit found at Lenox Schoolhouse Apartments priced from $1,082. The Kennedy in the Arbor Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,185. Here is today’s list of the most affordable Richmond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lenox Schoolhouse Apartments | Large Studio 55 and Older | Studio,1BA | $1,082 |
| The Kennedy | 403 | Studio,1BA | $1,185 |
| The Kenmore | 523 | Studio,1BA | $1,225 |
| Primrose Gardens | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,250 |
| Brafferton Square Apartments | 1 Bed/1 Bath w/Hot Water & Heat | 1BR,1BA | $1,450 |
| Joslen Commons Apartments | 1 Bedroom Classic | 1BR,1BA | $1,500 |
| Greenbush Station | 2 Bed 1.5 Bath Townhouse | 2BR,1BA | $1,525 |
| Industrie Apartments | Apartment Type A2 | Studio,1BA | $1,599 |
| The Rise: Downtown | S - B | Studio,1BA | $1,600 |
| The Argus Apartments | 1BR/1.0BA | 1BR,1BA | $1,644 |
Best Value Apartments for Rent in Richmond, MA and Nearby
As of July 26, 2026 the best value apartment in the Richmond area is the $1.48 price per square foot 2BR/2.0BA Model at Locust View in the starting from $1,900. The second greatest value Richmond apartment is the 2 Bed 1.5 Bath Townhouse Model at Greenbush Station starting at $1,525 with a $1.27 price per square foot . Here is today’s list of the best values for Richmond apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Locust View | 2BR/2.0BA | 2BR,2BA | $1.48 |
| Greenbush Station | 2 Bed 1.5 Bath Townhouse | 2BR,1.5BA | $1.27 |
| Steuben Place Apartments | Two Bed Two Bath | 2BR,2BA | $1.71 |
| Woodhill Apartments | Reinhardt | 2BR,1.5BA | $1.80 |
| Eagle Rock Apartments & Townhomes at Rensselaer | B1 | 2BR,2BA | $1.82 |
| 44 James | 211 | 2BR,1BA | $1.88 |
| The Argus Apartments | 1BR/1.0BA | 1BR,1BA | $2.05 |
| Primrose Gardens | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.08 |
| The Kennedy | 403 | Studio ,1BA | $2.00 |
| Lenox Schoolhouse Apartments | Large Studio 55 and Older | Studio ,1BA | $2.08 |
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 ArticleReal 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Richmond, MA Rentals by Map
See the most popular apartments and homes in Richmond, MA
Frequently Asked Questions about Cheap Richmond Apartments
What is the Cheapest Studio apartment in Richmond?
Currently the most affordable Cheap Studio Apartment in Richmond is at Lenox Schoolhouse Apartments listed at $1,082.
How much is rent for a Cheap One Bedroom Richmond Apartment?
The lowest price for a Cheap One Bedroom Richmond Apartment is $1,250 at Primrose Gardens.
What is the lowest price for a Cheap Two Bedroom Richmond Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Richmond is starting from $1,525 at Greenbush Station.
What is the most affordable Richmond Three Bedroom Apartment?
The best deal on a cheap Richmond Three Bedroom Apartment rental is at Kinwood Apartments and starts from $2,395.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.

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.