Cheap Low Income Apartments for Rent in Richmond, VA from $566 (33 Rentals)

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Liberty Gardens
Rent Specials
$566 - $1,800

Total Monthly Price

Base Rent$566 - $1,800

Total Monthly Price$566 - $1,800
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Liberty Gardens

2538 Dwight AveRichmond, VA 23237
Affordability
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New Manchester Flats
$835 - $1,850

Total Monthly Price

Base Rent$835 - $1,850

Total Monthly Price$835 - $1,850
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

New Manchester Flats

715 E 4th StRichmond, VA 23224
Corporate Housing
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  • Low Income
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Belle Summit
$856 - $1,178

Total Monthly Price

Base Rent$856 - $1,178

Total Monthly Price$856 - $1,178
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Belle Summit

600 Cowardin AveRichmond, VA 23224
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Creekside Manor Apartments
$955 - $1,450

Total Monthly Price

Base Rent$955 - $1,450

Total Monthly Price$955 - $1,450
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Creekside Manor Apartments

1601 Lakeside AveRichmond, VA 23228
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Richfield Place
$995 - $1,395

Total Monthly Price

Base Rent$995 - $1,395

Total Monthly Price$995 - $1,395
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Richfield Place

6001 Grammarcy CirRichmond, VA 23227
Outdoors
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  • Low Income
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Van de Vyver
$998 - $1,489

Total Monthly Price

Base Rent$998 - $1,489

Total Monthly Price$998 - $1,489
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

Van de Vyver

713 N 1st StRichmond, VA 23219
Family Friendly
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Jefferson Townhouses
$1,000 - $1,620

Total Monthly Price

Base Rent$1,000 - $1,620

Total Monthly Price$1,000 - $1,620
12 Month Lease Term
1 to 4 Bedroom Apartments Available Now

Jefferson Townhouses

1951 Venable StRichmond, VA 23223
Affordability
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  • Low Income

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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Quarter Mill
$1,055 - $1,295

Total Monthly Price

Base Rent$1,055 - $1,295

Total Monthly Price$1,055 - $1,295
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Quarter Mill

3000 Quarter Creek LnRichmond, VA 23294
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Park Vue
$1,077 - $1,084

Total Monthly Price

Base Rent$1,077 - $1,084

Total Monthly Price$1,077 - $1,084
12 Month Lease Term
2 Bedroom Apartments Available Now

Park Vue

801 Holly Springs AveRichmond, VA 23224
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  • Low Income
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Bellevue
$1,080 - $1,528

Total Monthly Price

Base Rent$1,080 - $1,528

Total Monthly Price$1,080 - $1,528
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Bellevue

3943-#1 Chamberlayne AveRichmond, VA 23227
Affordability
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  • Low Income
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Mallard Greens
Rent Specials
$1,103 - $1,350

Total Monthly Price

Base Rent$1,103 - $1,350

Total Monthly Price$1,103 - $1,350
12 Month Lease Term
2 to 3 Bedroom Apartments Available Now

Mallard Greens

2852 Fairfield AveRichmond, VA 23223
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The View at Belle Isle
$1,115 - $1,404

Total Monthly Price

Base Rent$1,110 - $1,399
Required Monthly Fees$5

Total Monthly Price$1,115 - $1,404
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

The View at Belle Isle

812 Hull StRichmond, VA 23224
Affordability
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  • Low Income
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The Foundry Apartments
$1,135 - $1,562

Total Monthly Price

Base Rent$1,135 - $1,562

Total Monthly Price$1,135 - $1,562
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

The Foundry Apartments

946 Sledd StRichmond, VA 23220
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Highland Terrace Apartments
Rent Specials
$1,140 - $2,102

Total Monthly Price

Base Rent$1,140 - $2,102

Total Monthly Price$1,140 - $2,102
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Highland Terrace Apartments

1224 E Brookland Park BlvdRichmond, VA 23222
Affordability
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  • Low Income

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.

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700 West 44
$1,151 - $1,602

Total Monthly Price

Base Rent$1,146 - $1,597
Required Monthly Fees$5

Total Monthly Price$1,151 - $1,602
1 to 3 Bedroom Apartments Available Now

700 West 44

4500 Bassett AveRichmond, VA 23225
Affordability
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  • Low Income
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Village at the Arbors
Rent Specials
$1,173 - $1,599

Total Monthly Price

Base Rent$1,173 - $1,599

Total Monthly Price$1,173 - $1,599
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Village at the Arbors

5613 Crenshaw RdRichmond, VA 23227
Affordability
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The Mirage Manchester
$1,189 - $1,421

Total Monthly Price

Base Rent$1,189 - $1,421

Total Monthly Price$1,189 - $1,421
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

The Mirage Manchester

1125 Commerce RdRichmond, VA 23224
Furnished
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  • Low Income
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The Park at Ridgedale
$1,189 - $1,415

Total Monthly Price

Base Rent$1,189 - $1,415

Total Monthly Price$1,189 - $1,415
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

The Park at Ridgedale

5001 Ridgedale PkyRichmond, VA 23234
Senior Living
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The Oliver
$1,203 - $1,435

Total Monthly Price

Base Rent$1,203 - $1,435

Total Monthly Price$1,203 - $1,435
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

The Oliver

908 Oliver Hill WayRichmond, VA 23219
Family Friendly
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  • Utilities Included
  • Low Income

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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South Pointe Landing
$1,214 - $1,750

Total Monthly Price

Base Rent$1,214 - $1,750

Total Monthly Price$1,214 - $1,750
12 Month Lease Term
2 to 3 Bedroom Apartments Available Soon

South Pointe Landing

6110 Cricklewood DrRichmond, VA 23234
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Helios
$1,277 - $1,533

Total Monthly Price

Base Rent$1,277 - $1,533

Total Monthly Price$1,277 - $1,533
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Helios

5661 Chamberlayne RdRichmond, VA 23227
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Audubon Village Apartments
Rent Specials
$1,318 - $1,490

Total Monthly Price

Base Rent$1,318 - $1,490

Total Monthly Price$1,318 - $1,490
2 to 3 Bedroom Apartments Available Now

Audubon Village Apartments

4901 Wood Thrush CirRichmond, VA 23231
Pet Friendly
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Morningside Apartments
Rent Specials
$1,320 - $1,600

Total Monthly Price

Base Rent$1,320 - $1,600

Total Monthly Price$1,320 - $1,600
12 Month Lease Term
2 to 3 Bedroom Apartments Available Now

Morningside Apartments

1414 Newell RdRichmond, VA 23225
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Alexander at 1090
$1,391 - $1,606

Total Monthly Price

Base Rent$1,391 - $1,606

Total Monthly Price$1,391 - $1,606
12 Month Lease Term
2 to 3 Bedroom Apartments Available Now

Alexander at 1090

1090 German School RdRichmond, VA 23225
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Overlook at Brook Run I & II
Rent Specials
$1,399 - $1,611

Total Monthly Price

Base Rent$1,399 - $1,611

Total Monthly Price$1,399 - $1,611
12 Month Lease Term
2 to 3 Bedroom Apartments Available Now

Overlook at Brook Run I & II

1900 Cliffbrook LnRichmond, VA 23227
Cost Per Sq.Ft.
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Richmond’s Best Affordable Neighborhoods

Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

Richmond, VA Local Guide

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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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February 25, 2025

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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 $895.

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 $1,659.

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 16,409 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 $506 which is $1,153 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.

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