Cheap 1 Bedroom Apartments for Rent in Richmond, VA from $566 (329 Rentals)

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Falling Creek Apartments
Rent Specials
$817 - $1,035
Total Monthly Price

Total Monthly Price

Base Rent
$817 - $1,539
Required Monthly Fees
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1 Bedroom Apartments Available Now

Falling Creek Apartments

2530 Marina DrRichmond, VA 23234
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404 Rivertowne Apartment Homes
Rent Specials
$820 - $1,778
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$785 - $1,855
Required Monthly Fees
$163
Total Monthly Price
$948 - $2,018
1 Bedroom Apartments Available Now

404 Rivertowne Apartment Homes

402 Westover Hills BlvdRichmond, VA 23225
Student Housing
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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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property at 1204 N 20th St

$887

Total Monthly Price

Total Monthly Price

Base Rent
$825
Required Monthly Fees
$62
Total Monthly Price
$887

1 Bedroom, 1 Bath Home for Rent

Available Now

1204 N 20th St

RichmondVA23223
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The Masonry Apartments
Rent Specials
$975 - $1,369
Total Monthly Price

Total Monthly Price

Base Rent
$975 - $1,999
Required Monthly Fees
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Total Monthly Price
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1 Bedroom Apartments Available Now

The Masonry Apartments

2001 E Franklin StRichmond, VA 23223
Student Housing
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  • Low Income
property at 1017 W Leigh St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995
Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available Now

1017 W Leigh St

RichmondVA23220

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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property at 1019 W Leigh St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995
Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available Now

1019 W Leigh St

RichmondVA23220
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Residence at Brookside
Rent Specials
$1,020 - $1,175
Total Monthly Price

Total Monthly Price

Base Rent
$1,020 - $2,261
Required Monthly Fees
$28
Total Monthly Price
$1,048 - $2,289
1 Bedroom Apartments Available Jun 15

Residence at Brookside

6540 Greenbank RdRichmond, VA 23225
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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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property at 927 N 20th St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

1 Bedroom, 1 Bath Home for Rent

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927 N 20th St

RichmondVA23223
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Colonial Apartments
Rent Specials
$1,065 - $1,681
Total Monthly Price

Total Monthly Price

Base Rent
$1,020 - $2,450
Required Monthly Fees
$141
Total Monthly Price
$1,161 - $2,591
1 Bedroom Apartments Available Now

Colonial Apartments

5501 Pony Farm DrRichmond, VA 23227
Student Housing
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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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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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Richmond, VA Local Guide

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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The Ultimate Renter's Guide for Finding the Perfect Student Friendly Richmond Neighborhood to Rent

Learn about the best neighborhoods for student renters near Richmond Colleges and Universities by our Local Expert Richard Corrigan

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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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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.

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Location, Location, Location!

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Robin

February 25, 2025

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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 New Manchester Flats listed at $705.

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

The lowest price for a Cheap One Bedroom Richmond Apartment is $705 at New Manchester Flats.

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 $705 at New Manchester Flats.

What is the most affordable Richmond Three Bedroom Apartment?

The best deal on a cheap Richmond Three Bedroom Apartment rental is at New Manchester Flats and starts from $705.

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.

Helpful Local Expert Guides

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A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA

Written by: Richard Corrigan

Richmond is rightly considered one of the best places to live on the East Coast. We love Richmond’s rich history, phenomenal culinary scene, unique art and culture, and its next-level parks and green spaces.

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Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters

Written by: Richard Corrigan

Richmond isn't always thought of as a college town, but there are actually several major colleges and universities here. One thing Richmond does get credit for—and rightfully so—is being a very neighborhood-friendly city.

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Explore The River City Like a Local: The Insiders Guide to Renting in Richmond, VA

Written by: Richard Corrigan

Welcome to Richmond! For those unfamiliar, it’s Virginia’s state capitol, a city with a long and rich history, and—some might say—Virginia’s biggest small town. There’s a lot to love about living here.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.