
Cheap Apartments for Rent near Richmond, VT from $850 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Richmond.


Cedar Hill Townhouses

Keen's Crossing

111 E Allen St

30 City Hall Pl

Quarry Hill Club & Condominiums

Maiden Lane

65 Northgate Plz

67 Pikes Point Rd
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.

Great Cedars

Olde Orchard Park Apartments

Winooski Block

11 Park Street Apartments

Riverside In the Village

Schoolhouse Apartments at 17 Park Street

5 Corners

Catamount Lane

Parc Terrace
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.

61 North Dorset

Toad Lane

Millhouse West

Bartlett Brook

247Pearl

Sunset House

THE WOOLEN MILL ASSOCIATES

City Lofts

Silversmith
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.

Brook Hill

1185 Shelburne

Village at Autumn Pond

Mansfield Apartments

200 Garden Street Apartments

144 Larkin Way

119 Main St

46 Browns Trce

46 School Street
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.

Taylor Park Residences

12 Railroad St

103-105 Puckerbrush East Rd

322 Pearl St

Eagle Crest Senior Housing

Hillview Off Campus Housing

410 Farrell St

90 N Winooski Ave

94 Malletts Bay Ave
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.

465-467-467 Colchester Ave

77 Residences
Richmond, VT Local Guide

How much does it cost to rent an apartment in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richmond Studio Apartments | $1,805 | $1,450 | $2,225 |
| Richmond 1 Bedroom Apartments | $1,951 | $1,029 | $2,800 |
| Richmond 2 Bedroom Apartments | $2,309 | $1,295 | $2,995 |
| Richmond 3 Bedroom Apartments | $2,520 | $1,495 | $3,159 |
| Richmond 4 Bedroom Apartments | $1,948 | $1,000 | $4,900 |
Browse Top Apartments in Richmond
See all Apartments in RichmondExplore Richmond
Richmond, VT Local Guide
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Cheapest Available Richmond Apartments for Rent and Nearby
 The cheapest available apartment rental in Richmond, VT is a 1 Bed unit found at Pines Senior Living priced from $1,029. Cedar Hill Townhouses has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,295. Here is today’s list of the most affordable Richmond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pines Senior Living | 1 Bedroom | 1BR, 1BA | $1,029 |
| Cedar Hill Townhouses | 2-Bedroom | 2BR, 1BA | $1,295 |
| Keen's Crossing | Cedar | 2BR, 2BA | $1,397 |
| 30 City Hall Pl | One Bedroom | 1BR, 1BA | $1,475 |
| Quarry Hill Club & Condominiums | Building 430 Studios | Studio, 1BA | $1,495 |
| Great Cedars | 1 Bedroom | 1BR, 1BA | $1,550 |
| 11 Park Street Apartments | Studio | Studio, 1BA | $1,600 |
| Schoolhouse Apartments at 17 Park Street | Studio | Studio, 1BA | $1,600 |
| Winooski Block | Winooski Block | 1 Bed with den (33 East Alle | 1BR, 1BA | $1,600 |
| 5 Corners | 1 bed 1 bath | 1BR, 1BA | $1,650 |
Best Value Apartments for Rent in Richmond, VT and Nearby
As of September 22, 2026 the best value apartment in the Richmond area is the $1.70 price per square foot 2 Bedroom 2 bath unit with w/d Model at Riverside In the Village starting from $2,200. The second greatest value Richmond apartment is the Two Bedroom Town House Model at Millhouse Terrace in the Centennial neighborhood starting at $2,700 with a $2.43 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. |
|---|---|---|---|
| Riverside In the Village | 2 Bedroom 2 bath unit with w/d | 2BR, 2BA | $1.70 |
| Millhouse Terrace | Two Bedroom Town House | 2BR, 1BA | $2.43 |
| Winooski Block | Winooski Block | 1 Bed (3-15 East Allen) | 1BR, 1BA | $1.61 |
| 5 Corners | 2 Bed 2 Bath | 2BR, 2BA | $2.13 |
| Falcon Manor Senior Housing | 2 bed 1 bath | 2BR, 1BA | $2.05 |
| Mansfield Apartments | One Bedroom One Bath | 1BR, 1BA | $2.24 |
| Cedar Hill Townhouses | 2-Bedroom | 2BR, 1BA | $1.64 |
| Millhouse West | West 2 Bedroom | 2BR, 1BA | $2.32 |
| 30 City Hall Pl | One Bedroom | 1BR, 1BA | $2.11 |
| Pines Senior Living | 1 Bedroom | 1BR, 1BA | $1.63 |
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 ArticleNavigating 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 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, VT Rentals by Map
See the most popular apartments and homes in Richmond, VT
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 Quarry Hill Club & Condominiums listed at $1,495.
How much is rent for a Cheap One Bedroom Richmond Apartment?
The lowest price for a Cheap One Bedroom Richmond Apartment is $1,029 at Pines Senior Living.
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 $1,295 at Cedar Hill Townhouses.
What is the most affordable Richmond Three Bedroom Apartment?
The best deal on a cheap Richmond Three Bedroom Apartment rental is at Cedar Hill Townhouses and starts from $1,495.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.

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.