
Cheap Apartments for Rent in Richmond, ON from C$900 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in Richmond.


Lincoln Park Tower

York Towers

Parkway Towers

Britannia Park

Arbor Village - 1030 & 1040 Hollington

324 Cambridge

Windfields III

Forest Ridge
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.

Parkway Park

Carlton West

Bromley Square

Castle Towers

Arlington Apartments

Richmond Park Square

Riviera Gate

Vista Local

The Slayte
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.

LIV Apartments

Pinewood Heights

Island Park Towers

Windfields

Deschenes Court - Moodie - Accora Village
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Britannia by the Bay

Arbor Village - 1196 Shillington

90 Champagne Ave. S. – The Lennox

Orion - Accora Village

Avalon Park

Aalto II

Aspen Towers

157 Sanford Ave

155 Sanford Ave
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.

858 Bronson Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Richmond, ON Local Guide
How much does it cost to rent an apartment in Richmond?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Richmond Studio Apartments | C$1,650 | C$1,255 | C$2,125 |
Richmond 1 Bedroom Apartments | C$2,035 | C$1,444 | C$3,290 |
Richmond 2 Bedroom Apartments | C$2,571 | C$1,549 | C$6,600 |
Richmond 3 Bedroom Apartments | C$2,638 | C$1,399 | C$3,740 |
Richmond 4 Bedroom Apartments | C$1,550 | C$945 | C$3,780 |
Browse Top Apartments in Richmond
See all Apartments in RichmondExplore Richmond
Richmond, ON Local Guide
- Nearby Cities
Cheapest Available Richmond Apartments for Rent and Nearby
 The cheapest available apartment rental in Richmond, ON is a 4 Beds unit found at Woodroffe Place in the Nepean Kanata neighborhood priced from C$945. 27 Lucerne & 87 Vanier in the Nepean Kanata neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from C$1,050. Here is today’s list of the most affordable Richmond apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Woodroffe Place | 4 Bedroom x 3 Bathroom (Roomies) | 4BR,3BA | C$945 |
27 Lucerne & 87 Vanier | 27 Lucerne - Plan A | Studio,1BA | C$1,050 |
Lord Richmond | Bachelor | Studio,1BA | C$1,255 |
York Towers | 0 Bedroom(s) and 1 Bathroom(s) | Studio,1BA | C$1,279 |
Parkway Towers | 1 Bedroom A | 1BR,1BA | C$1,444 |
Arbor Village - 1030 & 1040 Hollington | 1030 Hollington - Plan A | Studio,1BA | C$1,449 |
Britannia Park | Britannia (368, 372 Zephyr) - Bach Plan A | Studio,1BA | C$1,449 |
57 Bayswater | 57 Bayswater Ave - Plan A | 1BR,1BA | C$1,499 |
324 Cambridge | 324 Cambridge - Plan A | Studio,1BA | C$1,500 |
Windfields III | 1 Bedroom | 1BR,1BA | C$1,529 |
Best Value Apartments for Rent in Richmond, ON and Nearby
As of September 10, 2025 the best value apartment in the Richmond area is the C$2.15 price per square foot 2 Bedroom Model at Sophia Apartments in the in the Nepean Kanata neighborhood starting from C$2,100. The second greatest value Richmond apartment is the 475 King Edward - Plan A Model at King Edward Avenue starting at C$2,309 with a C$2.37 price per square foot in the Downtown neighborhood. 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. |
---|---|---|---|
Sophia Apartments | 2 Bedroom | 2BR,1.5BA | C$2.15 |
King Edward Avenue | 475 King Edward - Plan A | 2BR,1BA | C$2.37 |
Parkway Park | Parkway Park - Plan B | 2BR,1BA | C$2.37 |
Edgeworth | 2 Bedroom | 2BR,1BA | C$2.24 |
Richlin Apartments | 2 Bedroom A | 2BR,1BA | C$2.35 |
Riviera Gate | 1 Bedroom | 1BR,1BA | C$2.19 |
Wentworth Arms | 2 Bedroom | 2BR,1BA | C$2.42 |
Bromley Square | 1 Bedroom | 1BR,1BA | C$2.33 |
Richmond Park Square | 1 Bedroom | 1BR,1BA | C$2.50 |
Parkway Towers | 1 Bedroom A | 1BR,1BA | C$2.41 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Richmond, ON Rentals by Map
See the most popular apartments and homes in Richmond, ON
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 27 Lucerne & 87 Vanier listed at C$1,050.
How much is rent for a Cheap One Bedroom Richmond Apartment?
The lowest price for a Cheap One Bedroom Richmond Apartment is C$1,429 at 27 Lucerne & 87 Vanier.
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 C$1,549 at Britannia Park.
What is the most affordable Richmond Three Bedroom Apartment?
The best deal on a cheap Richmond Three Bedroom Apartment rental is at Arlington Apartments and starts from C$2,199.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.