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$566 - $1,800
Total Monthly Price
Base Rent$566 - $1,800
Total Monthly Price$566 - $1,800
Liberty Gardens
2538 Dwight AveRichmond, VA 23237
Cheap Apartments for Rent in Richmond, VA from $566 (463 Rentals)
Search the lowest-cost Apartments available for rent right now in Richmond.
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$715 - $1,585
Total Monthly Price
Base Rent$715 - $1,585
Total Monthly Price$715 - $1,585
Townhouses of Chesterfield II
2231 Chalfont DrRichmond, VA 23224
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$726 - $1,580
Total Monthly Price
Base Rent$726 - $1,580
Total Monthly Price$726 - $1,580
Brook Villas
7800 Brook RdRichmond, VA 23228
6100 Strathmore Rd
RichmondVA23234
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$799 - $1,699
Total Monthly Price
Base Rent$799 - $1,699
Total Monthly Price$799 - $1,699
Bloom Apartments II
3207 Chamberlayne AveRichmond, VA 23227
4908 Chamberlayne Ave
RichmondVA23227
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$819 - $1,385
Total Monthly Price
Base Rent$819 - $1,385
Total Monthly Price$819 - $1,385
Townhouses Of Chesterfield
3850 Guilder LnRichmond, VA 23234
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$825 - $1,300
Total Monthly Price
Base Rent$825 - $1,300
Total Monthly Price$825 - $1,300
Kingly Ones and Briarwood Court Apartments
1903 Hopkins RdRichmond, VA 23224
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$835 - $2,956
Total Monthly Price
Base Rent$835 - $2,956
Total Monthly Price$835 - $2,956
Legacy at Imperial Village
1717 Bellevue AveRichmond, VA 23227
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$835 - $1,850
Total Monthly Price
Base Rent$835 - $1,850
Total Monthly Price$835 - $1,850
New Manchester Flats
715 E 4th StRichmond, VA 23224
The Richmond Renter's Guide to Living Near Work
Get the inside scoop on Richmond's most livable neighborhoods and find the perfect apartment close to where you work. Our local expert breaks it all down by the city's top employers like VCU Health and Costar.
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$856 - $1,178
Total Monthly Price
Base Rent$856 - $1,178
Total Monthly Price$856 - $1,178
Belle Summit
600 Cowardin AveRichmond, VA 23224
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$885
Total Monthly Price
Base Rent$885
Total Monthly Price$885
3704 Chapel Dr, Unit B
3704 Chapel DrRichmond, VA 23224
2104 Phaup St
RichmondVA23223
927 N 20th St
RichmondVA23223
1927 Carrington St
RichmondVA23223
1925 Carrington St
RichmondVA23223
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$924 - $1,394
Total Monthly Price
Base Rent$849 - $1,319
Required Monthly FeesVaries
Total Monthly PriceVaries
Falling Creek Apartments
2530 Marina DrRichmond, VA 23234
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$926 - $2,335
Total Monthly Price
Base Rent$926 - $2,335
Total Monthly Price$926 - $2,335
Creighton Renaissance Apartments
3100 Purcell StRichmond, VA 23223
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$927 - $2,180
Total Monthly Price
Base Rent$899 - $2,152
Required Monthly Fees$28
Total Monthly Price$927 - $2,180
Residences at Brookside
6540 Greenbank RdRichmond, VA 23225
6436 Elkhardt Rd
RichmondVA23225
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.
1009 N 25th St
RichmondVA23223
4905 Chamberlayne Ave
RichmondVA23227
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$955 - $1,450
Total Monthly Price
Base Rent$955 - $1,450
Total Monthly Price$955 - $1,450
Creekside Manor Apartments
1601 Lakeside AveRichmond, VA 23228
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$959 - $1,499
Total Monthly Price
Base Rent$959 - $1,499
Total Monthly Price$959 - $1,499
Raven Place
1710 E Broad StRichmond, VA 23223
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$969 - $1,182
Total Monthly Price
Base Rent$969 - $1,182
Total Monthly Price$969 - $1,182
NOON Ingram
2200 Ingram AveRichmond, VA 23224
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$977 - $3,332
Total Monthly Price
Base Rent$977 - $3,332
Total Monthly PriceVaries
American Tobacco Collection
119-121 N 20th StRichmond, VA 23223
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$995 - $1,986
Total Monthly Price
Base Rent$975 - $1,966
Required Monthly Fees$20
Total Monthly Price$995 - $1,986
The Residences of Westover Hills
5852 Westower DrRichmond, VA 23225
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$995 - $2,195
Total Monthly Price
Base Rent$995 - $2,195
Total Monthly Price$995 - $2,195
T and E Apartments
1011 W Marshall StRichmond, VA 23220
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$995 - $1,395
Total Monthly Price
Base Rent$995 - $1,395
Total Monthly Price$995 - $1,395
Richfield Place
6001 Grammarcy CirRichmond, VA 23227
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Rent Specials
$995 - $2,045
Total Monthly Price
Base Rent$995 - $2,045
Total Monthly Price$995 - $2,045
The Edison
700 E Franklin StRichmond, VA 23219
Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA
Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.
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$995 - $1,695
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Base Rent$995 - $1,695
Total Monthly Price$995 - $1,695
311 W. Franklin
311 W Franklin StRichmond, VA 23220
1019 W Leigh St
RichmondVA23220
311 W Franklin St
RichmondVA23220
3810 Chamberlayne Ave
RichmondVA23227
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$998 - $1,489
Total Monthly Price
Base Rent$998 - $1,489
Total Monthly Price$998 - $1,489
Van de Vyver
713 N 1st StRichmond, VA 23219
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$1,000 - $1,860
Total Monthly Price
Base Rent$1,000 - $1,860
Total Monthly Price$1,000 - $1,860
404 Rivertowne Apartment Homes
402 Westover Hills BlvdRichmond, VA 23225
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$1,000 - $1,620
Total Monthly Price
Base Rent$1,000 - $1,620
Total Monthly Price$1,000 - $1,620
Jefferson Townhouses
1951 Venable StRichmond, VA 23223
7 W 13th St
RichmondVA23224
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$1,010 - $1,165
Total Monthly Price
Base Rent$1,010 - $1,165
Total Monthly Price$1,010 - $1,165
Norcroft Townhomes-55 and older
401 Norcroft CirRichmond, VA 23225
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$1,025 - $1,550
Total Monthly Price
Base Rent$1,025 - $1,550
Total Monthly Price$1,025 - $1,550
Flats at 25th
2400 Fairmount AveRichmond, VA 23223
Richmond’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan
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$1,025 - $1,299
Total Monthly Price
Base Rent$1,025 - $1,299
Total Monthly Price$1,025 - $1,299
1209 Hull Street- Dogtown
1209 Hull StRichmond, VA 23224
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$1,030 - $1,695
Total Monthly Price
Base Rent$1,030 - $1,695
Total Monthly Price$1,030 - $1,695
Kings Point Apartments
3401 Prince David DrRichmond, VA 23223
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$1,030 - $1,230
Total Monthly Price
Base Rent$1,030 - $1,230
Total Monthly Price$1,030 - $1,230
Crown Square Apartments
4050 Tangle DrRichmond, VA 23228
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$1,031 - $2,019
Total Monthly Price
Base Rent$1,031 - $2,019
Total Monthly Price$1,031 - $2,019
Kensington, Patterson Place and Grove Ave
3502 Kensington AveRichmond, VA 23221
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$1,045 - $1,600
Total Monthly Price
Base Rent$1,045 - $1,600
Total Monthly Price$1,045 - $1,600
Forest Ridge
2665 Granite Hill CirRichmond, VA 23225
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$1,050 - $1,550
Total Monthly Price
Base Rent$1,050 - $1,550
Total Monthly Price$1,050 - $1,550
Chippenham Townhomes
7523 Ander CtRichmond, VA 23225
3310 Barton Ave
RichmondVA23222
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$1,055 - $1,295
Total Monthly Price
Base Rent$1,055 - $1,295
Total Monthly Price$1,055 - $1,295
Quarter Mill
3000 Quarter Creek LnRichmond, VA 23294
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$1,055 - $1,280
Total Monthly Price
Base Rent$1,055 - $1,280
Total Monthly Price$1,055 - $1,280
Park at Forest Hill
3900 Forest Hill AveRichmond, VA 23225
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$1,064 - $1,314
Total Monthly Price
Base Rent$1,064 - $1,314
Total Monthly PriceVaries
Pointe at River City
11 N Laburnum AveRichmond, VA 23223
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.
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Richmond, VA Local Guide
How much does it cost to rent an apartment in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Richmond Studio Apartments | $1,471 | $715 | $2,741 |
| Cheap Richmond 1 Bedroom Apartments | $1,622 | $566 | $8,677 |
| Cheap Richmond 2 Bedroom Apartments | $1,931 | $945 | $10,000+ |
| Cheap Richmond 3 Bedroom Apartments | $2,185 | $825 | $4,554 |
| Cheap Richmond 4 Bedroom Apartments | $1,456 | $690 | $5,849 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Richmond
See all Apartments in RichmondExplore Richmond
Richmond, VA Local Guide
Written By:
Justin HabersaatEditing Staff
- Richmond Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Richmond, VA
Pricing Updated: 09/24/2026Current apartment rentals in the Richmond, VA area range in price from $566 to $15,247 with an overall median price of $1,647. The three Richmond neighborhoods with the lowest median rent pricing are Chestnut Hill at $1,182, Jeff Davis at $1,208, and Cherry Gardens at $1,275. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Richmond Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Chestnut Hill | $1,182 | $735 | 26 |
| Jeff Davis | $1,208 | $715 | 51 |
| Cherry Gardens | $1,275 | $715 | 176 |
| Cofer | $1,275 | $715 | 242 |
| Commerce Road Industrial Area | $1,275 | $715 | 48 |
| Jackson Ward | $1,277 | $690 | 80 |
| Ginter Park | $1,279 | $799 | 29 |
| Petersburg Colonial Heights | $1,296 | $942 | 23 |
| Cullenwood | $1,300 | $715 | 41 |
| Petersburg Chesterfield | $1,303 | $690 | 77 |
Cheapest Available Richmond Apartments for Rent
The cheapest available apartment rental in Richmond, VA is a 2 Beds unit found at Lambert Landing I in the Four Mile Run neighborhood priced from $573. 11 E Broad St in the Downtown Richmond neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here is today’s list of the most affordable Richmond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lambert Landing I | 2 Bdrm 951 sqft | 2BR, 1BA | $573 |
| 11 E Broad St | 1 Beds, 1 Baths | 1BR, 1BA | $749 |
| Manchester Grand Apartments | 1 Bedroom, 1 Bathroom | 1BR, 1BA | $770 |
| Bloom Apartments II | 1Bed/1Bath: 456 sq ft | 1BR, 1BA | $799 |
| Oxford Square Apartments | 1 Beds, 1 Baths | 1BR, 1BA | $800 |
| Kingly Ones and Briarwood Court Apartments | 1 Bedroom | 1BR, 1BA | $825 |
| New Manchester Flats | The Bainbridge | 2BR, 1BA | $835 |
| Legacy at Imperial Village | Studio | Studio, 1BA | $835 |
| Tobacco Landing | One Bedroom | 1BR, 1BA | $851 |
Best Value Apartments for Rent in Richmond, VA
As of September 24, 2026 the best value apartment in the Richmond area is the $0.25 price per square foot 1 Beds, 1 Baths Model at 11 E Broad St in the Downtown Richmond neighborhood starting from $749. The second greatest value Richmond apartment is the 2509 Seminary Ave Model at 2509 Seminary Ave, Unit # B in the Bellevue neighborhood starting at $1,295 with a $0.58 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. |
|---|---|---|---|
| 11 E Broad St | 1 Beds, 1 Baths | 1BR, 1BA | $0.25 |
| 2509 Seminary Ave, Unit # B | 2509 Seminary Ave | 2BR, 1BA | $0.58 |
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR, 2BA | $0.46 |
| Townhomes at Warwick Place I | 3 Bedroom D | 3BR, 2BA | $0.82 |
| Townsend Square | Townhomes starting at $1080.00- Now Accepting A... | 2BR, 1BA | $0.94 |
| The James | JAMES-2 | 2BR, 2BA | $0.89 |
| 2524 Noel St, Unit 2524-A Noel St | 2524 Noel St | 1BR, 1BA | $1.00 |
| 7815 Maris Rd, Unit 7815 Maris Rd | 7815 Maris Rd | 1BR, 1BA | $1.00 |
| 2507 Noel St, Unit 2507 Noel St | 2507 Noel St | 1BR, 1BA | $1.00 |
| 7811 Maris Rd, Unit 7811 Maris Rd | 7811 Maris Rd | 1BR, 1BA | $1.00 |
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
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.
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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.
Richmond Overview
The state capitol of Virginia, Richmond is a city boasting a long and proud history dating all the way back to the 1700's. From its bluecollar roots to the city's welcoming combination of cultural heritage and big city excitement, Richmond is one municipality well worth exploring and Richmond apartments make the perfect place to call home..
Why live in Richmond, VA?
With a keen sense of history and the local landmarks to back it up, Richmond is a fine place to call home for many reasons. The universities are highly lauded, the economy is showing steady local growth in both the housing market as well as the local industry, and the stately, architectural beauty is an even match for the area's natural splendor.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Richmond, VA Rentals by Map
See the most popular apartments and homes in Richmond, VA
Richmond, VA Area Reviews
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Frequently Asked Questions about Cheap Richmond Apartments
What is a cheap apartment in Richmond?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Richmond is under $851.
What is the price of a cheap apartment in Richmond?
The cheapest apartment in Richmond is 11 E Broad St which is listed at $749, while the average apartment in Richmond costs $1,647.
What types of apartments are the cheapest in Richmond?
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 16,529 regular apartments in Richmond that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Richmond?
Cheap apartments in Richmond have an average cost of $512 which is $1,135 cheaper than the average rent for all rentals in Richmond.
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
Your Richmond Neighborhood Guide: Living Near the City's Top Employers
Written by: Richard Corrigan
Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.
Explore The River City Like a Local: The Insider's 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.
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.
A Local Expert's 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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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.