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$835 - $2,956
Plus Fees
Studio to 2 Bedroom Apartments Available NowLegacy at Imperial Village
1717 Bellevue AveRichmond, VA 23227
Cheap Gated Apartments for Rent in Richmond, VA from $300 (69 Rentals)
Search the lowest-cost Apartments available for rent right now in Richmond.
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$856 - $1,178
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowBelle Summit
600 Cowardin AveRichmond, VA 23224
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$950 - $1,800
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowEagle Mill Lofts
1418 W Marshall StRichmond, VA 23220
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$950 - $2,300
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowNew Manchester Flats
715 E 4th StRichmond, VA 23224
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$969 - $1,182
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowNOON Ingram
2200 Ingram AveRichmond, VA 23224
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$995 - $1,795
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Hill Building
114 Virginia StRichmond, VA 23219
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$995 - $1,395
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowRichfield Place Apartments
6001 Grammarcy CirRichmond, VA 23227
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$998 - $1,489
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowVan de Vyver
713 N 1st StRichmond, VA 23219
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$1,010 - $1,165
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityNorcroft Townhomes-55 and older
401 Norcroft CirRichmond, VA 23225
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$1,031 - $1,962
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Aug 19Kensington, Patterson Place and Grove Ave
3502 Kensington AveRichmond, VA 23221
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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$1,096 - $2,700
Plus Fees
1 to 3 Bedroom Apartments Available NowThe Berkshire
300 W Franklin StRichmond, VA 23220
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$1,100
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityThe Grand Richmond at Brook Run
6000 Brook RdRichmond, VA 23227
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$1,104 - $2,881
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,092 - $2,869
Required Monthly Fees
$12
Total Monthly Price
$1,104 - $2,881
Coliseum Lofts
1335-1387 W Broad StRichmond, VA 23220
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$1,120 - $1,370
Plus Fees
2 Bedroom Apartments Available Jul 7Deering Manor
2720 Hopkins RdRichmond, VA 23234
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$1,131 - $1,346
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowMiller Lofts @ Plant Zero
500 Stockton StRichmond, VA 23224
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$1,135 - $2,139
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$990 - $1,994
Required Monthly Fees
$145
Total Monthly Price
$1,135 - $2,139
Towers on Franklin
104 W Franklin StRichmond, VA 23220
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$1,140 - $1,516
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,140 - $1,516
Total Monthly Price
$1,140 - $1,516
2000 Riverside Apartments
2000 Riverside DrRichmond, VA 23225
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$1,145 - $3,235
Plus Fees1 Month Lease Term
1 to 3 Bedroom Apartments Available NowTreehouse
5701 Pony Farm DrRichmond, VA 23227
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Rent Specials
$1,157 - $2,181
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Edison
700 E Franklin StRichmond, VA 23219
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Rent Specials
$1,160 - $2,810
Plus Fees
1 to 3 Bedroom Apartments Available NowColonial Apartments
5501 Pony Farm DrRichmond, VA 23227
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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$1,164 - $1,750
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowMonroe Park Towers Apartments
520 W Franklin StRichmond, VA 23220
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$1,175 - $1,390
Plus Fees
Studio to 1 Bedroom Apartments Available NowThe Corner Lofts
1323 1/2 E Main StRichmond, VA 23219
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$1,175 - $1,575
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,175 - $1,575
Total Monthly Price
Varies
Ashton Square Apartments
603-A Westover Hills BlvdRichmond, VA 23225
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$1,177
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityThe Concord Northside
710 W Fells StRichmond, VA 23222
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Rent Specials
$1,177 - $1,409
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowThe Mirage Manchester
1125 Commerce RdRichmond, VA 23224
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$1,186 - $1,861
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,095 - $1,770
Required Monthly Fees
Varies
Total Monthly Price
Varies
The Masonry Apartments
2001 E Franklin StRichmond, VA 23223
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$1,192 - $2,350
Plus Fees
1 to 2 Bedroom Apartments Available NowCapitol Lofts
1001 E Main StRichmond, VA 23219
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$1,194 - $2,856
Plus Fees
Studio to 2 Bedroom Apartments Available NowResidences at the John Marshall
101 N 5th StRichmond, VA 23219
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$1,195 - $1,375
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now1209 Hull Street- Dogtown
1209 Hull StRichmond, VA 23224
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$1,195 - $1,695
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $1,695
Total Monthly Price
$1,195 - $1,695
Franklin Street Apartments
311 W Franklin StRichmond, VA 23220
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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$1,199 - $2,295
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Hub Apartments
500 Maury StRichmond, VA 23224
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$1,199 - $2,600
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowCookie Factory Lofts
900 Terminal PlRichmond, VA 23220
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$1,199 - $2,049
Plus Fees
1 to 3 Bedroom Apartments Available NowShockoe Valley View
1904 Cedar StRichmond, VA 23223
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$1,200 - $1,654
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available Jul 11District Square Apartments
111-117 W Marshall StRichmond, VA 23220
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$1,205 - $3,110
Plus Fees
1 to 3 Bedroom Apartments Available NowChesterfield Village
211 Lingstorm LnRichmond, VA 23225
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$1,208 - $1,492
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available Jul 20Total Monthly Price
Base Rent
$1,202 - $1,486
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Rock Creek
2830 Broad Rock BlvdRichmond, VA 23224
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$1,215 - $1,449
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowSpur Line Lofts
1021 E 4th StRichmond, VA 23224
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$1,215 - $2,630
Plus Fees1 Month Lease Term
1 to 3 Bedroom Apartments Available NowSt. John's Wood
901 Saint Johns Wood DrRichmond, VA 23225
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$1,234 - $1,799
Plus Fees
1 to 2 Bedroom Apartments Available NowCigar Lofts
331-333 Oliver Hill WayRichmond, VA 23219
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$1,237 - $1,474
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowThe Arbors at Hull Street Senior Apartments
5400 Hull Street RdRichmond, VA 23224
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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Rent Specials
$1,250 - $2,379
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Studio to 2 Bedroom Apartments Available NowThe Current
400 Hull StRichmond, VA 23224
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$1,250 - $2,066
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,244 - $2,060
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Residences at Richmond Trust
629 E Main StRichmond, VA 23219
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$1,257 - $5,876
Total Monthly Price
Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,230 - $5,849
Required Monthly Fees
$27
Total Monthly Price
$1,257 - $5,876
Pohlig Box Factory Apartments
2411 E Franklin StRichmond, VA 23223
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$1,260 - $3,497
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,260 - $3,497
Total Monthly Price
$1,260 - $3,497
Lofts and Upper Lofts at Canal Walk III
10 S 20th StRichmond, VA 23223
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$1,273 - $2,890
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,273 - $2,890
Total Monthly Price
$1,273 - $2,890
The Trail Lofts
12 S 17th StRichmond, VA 23219
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$1,275 - $2,125
Plus Fees
Studio to 3 Bedroom Apartments Available NowSouthern Stove Lofts
1215 Hermitage RdRichmond, VA 23220
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$1,277
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityHelios
5661 Chamberlayne RdRichmond, VA 23227
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$1,277 - $1,986
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowGreen Park Apartments
2921 Woodcliff AveRichmond, VA 23222
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$1,279 - $1,389
Plus Fees
1 to 2 Bedroom Apartments Available NowMortons Apartments
213 E Broad StRichmond, VA 23219
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Rent Specials
$1,280 - $3,044
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,260 - $3,024
Required Monthly Fees
$20
Total Monthly Price
$1,280 - $3,044
Aston Ridge Apartments
705 Pool RdRichmond, VA 23236
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.
Richmond, VA Local Guide
How much does it cost to rent an apartment in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richmond Studio Apartments | $1,490 | $715 | $7,877 |
| Richmond 1 Bedroom Apartments | $1,628 | $566 | $8,250 |
| Richmond 2 Bedroom Apartments | $1,946 | $628 | $10,000+ |
| Richmond 3 Bedroom Apartments | $2,168 | $810 | $9,362 |
| Richmond 4 Bedroom Apartments | $1,180 | $725 | $5,876 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Richmond
Richmond, VA Local Guide
- Richmond Neighborhoods
- Nearby Cities
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- Local Counties
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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 Article
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 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, VA Rentals by Map
See the most popular apartments and homes in Richmond, VA
Richmond, VA Area Reviews
Do you know the Richmond area?
Let everyone know!
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Robin
February 25, 2025All my life
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 $946.
What is the price of a cheap apartment in Richmond?
The cheapest apartment in Richmond is Liberty Gardens which is listed at $566, while the average apartment in Richmond costs $2,339.
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 14,884 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 $486 which is $1,853 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
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.
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.
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.
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.
Articles, How-To's, and Tips
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.