Cheap Apartments for Rent in Richmond, ON from $500 (78 Rentals)

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Lord Richmond
$1,349Studio Apartments Available Jul 1

Lord Richmond

851 Richmond RdOttawa, ON K2A 3X2
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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.

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Windfields III
$1,425 - $1,879Studio to 2 Bedroom Apartments Available Now

Windfields III

1170 Fisher AveOttawa, ON K1Z 5R7
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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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Riviera Gate
$1,9592 Bedroom Apartments Available Aug 1

Riviera Gate

1300-1310 Mcwatters RdOttawa, ON K2C 3N8
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Edgeworth
$1,6251 Bedroom Apartments Available Now

Edgeworth

810 Edgeworth AveOttawa, ON K2B 7Y3
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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.

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Wentworth Arms
$1,6952 Bedroom Apartments Contact Us For Availability

Wentworth Arms

525 Wentworth AveOttawa, ON K2B 8E5
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Windfields
$1,6991 Bedroom Apartments Contact Us For Availability

Windfields

1140-1150 Fisher AveOttawa, ON K1Z 5R7
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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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William Mosgrove Tower
$2,0002 Bedroom Apartments Available Jul 1

William Mosgrove Tower

2881 Richmond RdOttawa, ON K2B 8J5
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Lincoln Park Tower
$1,284 - $2,069Studio to 2 Bedroom Apartments

Lincoln Park Tower

1330 Richmond RdOttawa, ON K2B 8J6
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The Park West
$1,349 - $2,799Studio to 3 Bedroom Apartments

The Park West

30 Mcewen AveOttawa, ON K2B 5K8
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57 Bayswater
$1,399 - $2,149Studio to 2 Bedroom Apartments

57 Bayswater

57 Bayswater AveOttawa, ON K1Y 3C4
  • Utilities Included

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.

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Richmond, ON Local Guide

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 $525. 27 Lucerne in the Nepean Kanata neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here is today’s list of the most affordable Richmond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodroffe Place4 Bedroom x 3 Bathroom (Roomies)4BR,3BA$525
27 Lucerne27 Lucerne - Studio Plan AStudio,1BA$1,050
Château golf1 Bedroom1BR,1BA$1,321
324 CambridgeStudioStudio,1BA$1,328
Kanata Lakes1 Bedroom1BR,1BA$1,369
The Dale1 Bedroom1BR,1BA$1,395
1276 Dorchester1 Bedroom Promotional Price For First 8 Months*1BR,1BA$1,399
Arbor Village HollingtonHollington - StudioStudio,1BA$1,399
218 Maclaren1 Bedroom Promotional Price For First 8 Months*1BR,1BA$1,442
Aspen TowersStudioStudio,1BA$1,495

Best Value Apartments for Rent in Richmond, ON and Nearby

As of June 01, 2026 the best value apartment in the Richmond area is the $0.61 price per square foot 4 Bedroom x 3 Bathroom Model at Woodroffe Place in the in the Nepean Kanata neighborhood starting from $1,060. The second greatest value Richmond apartment is the Penthouse Model at Baseline starting at $2,895 with a $2.11 price per square foot in the Nepean Kanata 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.
Woodroffe Place4 Bedroom x 3 Bathroom4BR,3BA$0.61
BaselinePenthouse1BR,1BA$2.11
MountshannonLedgestone Flat - Lower Floor2BR,2BA$1.95
Château golf2 Bedrooms2BR,1BA$1.65
122 Conservancy DrTwo Bedroom2BR,1.5BA$2.20
Williams Court D & G1 Bedroom1BR,1BA$2.09
LumaOne Bedroom1BR,1BA$2.20
Richmond Park Square2 Bedroom2BR,1.5BA$2.27
Richlin Apartments2 Bedroom B2BR,1BA$2.24
The Dale1 Bedroom1BR,1BA$2.02

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.

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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.

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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 listed at $1,050.

How much is rent for a Cheap One Bedroom Richmond Apartment?

The lowest price for a Cheap One Bedroom Richmond Apartment is $1,115 at 27 Lucerne.

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 $1,329 at 27 Lucerne.

What is the most affordable Richmond Three Bedroom Apartment?

The best deal on a cheap Richmond Three Bedroom Apartment rental is at Parkway Park and starts from $2,439.

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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.