| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richmond Studio Apartments | $1,395 | $715 | $4,562 |
| Richmond 1 Bedroom Apartments | $1,601 | $671 | $5,974 |
| Richmond 2 Bedroom Apartments | $1,861 | $775 | $6,601 |
| Richmond 3 Bedroom Apartments | $2,144 | $759 | $7,082 |
| Richmond 4 Bedroom Apartments | $1,311 | $669 | $5,994 |
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A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Richmond is under $922.
The cheapest apartment in Richmond is Market Square which is listed at $671, while the average apartment in Richmond costs $2,401.
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 15,962 regular apartments in Richmond that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Richmond have an average cost of $453 which is $1,948 cheaper than the average rent for all rentals in Richmond.
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.
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.
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.
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.
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.
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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Total Monthly Price combines base rent and required monthly fees into one amount, so you can know what to expect before you apply.
