Cheap Apartments for Rent near Richmond, MA from $990 (48 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.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
465 Chapel St
Studio to 1 Bedroom Apartments

465 Chapel St

465 Chapel StLee, MA 01238
  • Utilities Included
close
View Me
Pinetree Apartments
1 to 2 Bedroom Apartments

Pinetree Apartments

75-79 Church StNassau, NY 12123
  • Utilities Included
close
View Me
Brooke Pointe
1 to 2 Bedroom Apartments

Brooke Pointe

2055 E Schodack RdCastleton On Hudson, NY 12033
Senior Living
  • Utilities Included
close
View Me
Greenbush Terrace
1 to 2 Bedroom Apartments

Greenbush Terrace

95 Gilligan RdEast Greenbush, NY 12061
Senior Living
  • Utilities Included
close
View Me
The McManus
1 to 2 Bedroom Apartments

The McManus

20 Herrick StRensselaer, NY 12144
  • Utilities Included
close
View Me
Park Place at 60 State
Studio to 2 Bedroom Apartments

Park Place at 60 State

60 State StAlbany, NY 12207
  • Utilities Included

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.

Read Article
close
View Me
Mahaiwe Building
Studio to 3 Bedroom Apartments

Mahaiwe Building

4 Castle StGreat Barrington, MA 01230
close
View Me
7 North St
1 to 2 Bedroom Apartments

7 North St

7 North StPittsfield, MA 01201
close
View Me
The Arcade Building
Studio to 2 Bedroom Apartments

The Arcade Building

488 BroadwayAlbany, NY 12207
  • Utilities Included
property at 86-90-90 Park St
$1,650

Total Monthly Price

Base Rent$1,650
Total Monthly Price$1,650
2 Bedroom, 1 Bath Condo for Rent
Available Now

86-90-90 Park St

AdamsMA01220
property at 14 Franco Terrace
$2,000

Total Monthly Price

Base Rent$2,000
Total Monthly Price$2,000
3 Bedroom, 1 Bath Home for Rent
Available Now

14 Franco Terrace

PittsfieldMA01201
property at 10 Scammell Ave
$2,100

Total Monthly Price

Base Rent$2,100
Total Monthly Price$2,100
3 Bedroom, 1 Bath Townhome for Rent
Available Now

10 Scammell Ave

PittsfieldMA01201

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.

Read Article
property at 203-205-205 Main St
$2,300

Total Monthly Price

Base Rent$2,300
Total Monthly Price$2,300
3 Bedroom, 2 Bath Townhome for Rent
Available Sep 15
Cost Per Sq.Ft.

203-205-205 Main St

HancockMA01237
Showing Results 1-48, Page 1 of 1

Richmond, MA Local Guide

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 Apartments at 66 State in the Melrose neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here is today’s list of the most affordable Richmond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lenox Schoolhouse ApartmentsLarge Studio 55 and OlderStudio,1BA$1,082
The Apartments at 66 State1B1RC1BR,1BA$1,195
Primrose Gardens1 Bedroom, 1 Bathroom1BR,1BA$1,250
Brafferton Square Apartments1 Bed/1 Bath w/Hot Water & Heat1BR,1BA$1,450
The Kenmore421 with den1BR,1BA$1,495
39 Columbia Street5061BR,1BA$1,495
Joslen Commons Apartments1 Bedroom Classic1BR,1BA$1,500
Oakbrook Manor LLC2BR/1.0BA2BR,1BA$1,550
The Rise: DowntownS - BStudio,1BA$1,600
Abraxas at 90 StateA131BR,1BA$1,650

Best Value Apartments for Rent in Richmond, MA and Nearby

As of September 09, 2026 the best value apartment in the Richmond area is the $1.78 price per square foot Apartment Type C1 Model at Industrie Apartments in the in the Arbor Hill neighborhood starting from $2,425. The second greatest value Richmond apartment is the 3 Bedroom Model at Forge starting at $2,495 with a $1.86 price per square foot . 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.
Industrie ApartmentsApartment Type C12BR,2BA$1.78
Forge3 Bedroom3BR,2BA$1.86
Locust View2BR/2.0BA2BR,2BA$1.44
Steuben Place ApartmentsTwo Bed Two Bath2BR,2BA$1.96
Woodhill ApartmentsReinhardt2BR,1.5BA$1.80
Eagle Rock Apartments & Townhomes at RensselaerB12BR,2BA$2.05
Oakbrook Manor LLC2/1.52BR,1.5BA$1.49
The Kennedy4042BR,1BA$2.03
Primrose Gardens1 Bedroom, 1 Bathroom1BR,1BA$2.08
Lenox Schoolhouse ApartmentsLarge Studio 55 and OlderStudio ,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 Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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

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

Explore Richmond, MA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Richmond, MA

View Map
Richmond, MA Apartments Map
View Map
Richmond, MA Rental Homes Map

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 $1,195 at The Apartments at 66 State.

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 $1,550 at Oakbrook Manor LLC.

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 $1,972.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.