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$1,395 - $2,195Built in 20201 to 2 Bedroom Apartments Available Now
Main2525
2525 E Main StRichmond, VA 23223
Cheap New Apartments for Rent in Richmond, VA from $500 (107 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in Richmond.
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$1,395 - $1,595Built in 20231 Bedroom Apartments Available Now
The Cove
512 Hull StRichmond, VA 23224
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$1,412 - $3,302Built in 2023Studio to 2 Bedroom Apartments Available Now
Mutual on Main Apartments
909 E Main StRichmond, VA 23219
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$1,419 - $2,190
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Built in 2022Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,384 - $2,155
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$35
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$1,419 - $2,190
Bexley West Creek
1000 Collective WayRichmond, VA 23238
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$1,426 - $4,489Built in 20181 to 2 Bedroom Apartments Available Now
2000 West Creek Apartments
2000 Broad Branch CirRichmond, VA 23238
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$1,435 - $2,077Built in 20221 to 2 Bedroom Apartments Available Now
One Canal Apartments
108 S 1st StRichmond, VA 23219
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$1,442 - $2,730
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Built in 2025Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,442 - $2,730
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$1,442 - $2,730
The Carousel
2400 Grayland AveRichmond, VA 23220
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$1,451 - $3,260
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Built in 20171 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,451 - $3,260
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$1,451 - $3,260
The Cooperage
1650 Overbrook RdRichmond, VA 23220
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$1,459Built in 20221 Bedroom Apartments Contact Us For Availability
Cooper Lofts Apartments
11 S 18th StRichmond, VA 23223
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$1,470 - $10,924Built in 2021Studio to 3 Bedroom Apartments Available Now
Wellsmith Apartments
5000 Libbie Mill East BlvdRichmond, VA 23230
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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$1,472 - $4,440Built in 20201 to 2 Bedroom Apartments Available Now
The Summit at Scotts Addition
3022 W Broad StRichmond, VA 23230
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$1,479 - $2,425Built in 20251 to 2 Bedroom Apartments Available Now
The Orleans
501 Orleans StRichmond, VA 23231
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$1,481 - $7,082
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Built in 2023Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,400 - $7,001
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$81
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$1,481 - $7,082
Otis
1661 Roseneath RdRichmond, VA 23230
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$1,495 - $4,515Built in 2025Studio to 2 Bedroom Apartments Available Now
The Ace
1201 N Arthur Ashe BlvdRichmond, VA 23230
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$1,497 - $4,542
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Built in 20201 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,497 - $4,542
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$1,497 - $4,542
Circ Apartments
1137 W Grace StRichmond, VA 23220
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$1,500 - $2,875Built in 2024Studio to 3 Bedroom Apartments Available Now
The Alder on Dabney
2001 Dabney RdRichmond, VA 23230
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Built in 20231 to 3 Bedroom Apartments
The Planet Apartments
14 W Jackson StRichmond, VA 23220
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Built in 20261 to 3 Bedroom Apartments
Heights at Brady Square
2200 Brady StRichmond, VA 23234
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Built in 20172 to 3 Bedroom Apartments
Apartments At Kingsridge
390 Kingsridge RdRichmond, VA 23223
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Built in 20201 Bedroom Apartments
The Rosa
744 N 2nd StRichmond, VA 23219
Navigating 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.
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Built in 20241 to 3 Bedroom Apartments
Highland Terrace Apartments
1224 E Brookland Park BlvdRichmond, VA 23222
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Built in 20171 Bedroom Apartments
501-503 E Main St
501-503 E Main StRichmond, VA 23219
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Built in 20221 to 3 Bedroom Apartments
The Foundry Apartments
946 Sledd StRichmond, VA 23220
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Built in 20181 to 2 Bedroom Apartments
1 West Cary
106 S Foushee StRichmond, VA 23220
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Built in 2018Studio to 2 Bedroom Apartments
The Parkwood
3003 Parkwood AveRichmond, VA 23221
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Built in 2025Studio to 2 Bedroom Apartments
The Jackson on Broad
20-22 E Broad StRichmond, VA 23219
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Built in 20221 to 2 Bedroom Apartments
Victory Apartments
407 S Cherry StRichmond, VA 23220
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Built in 20252 Bedroom Apartments
27th Townhomes
10 W 27th StRichmond, VA 23225
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Built in 20241 to 3 Bedroom Apartments
NOON Hioaks
475 Hioaks RdRichmond, VA 23225
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Built in 2019Studio to 3 Bedroom Apartments
1401-1411 E Cary Street
1407-1411 E Cary StRichmond, VA 23219
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Built in 20252 Bedroom Apartments
CT Russell Apartments
700-702 N 2nd StRichmond, VA 23219
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Built in 20161 to 3 Bedroom Apartments
403 Stockton St
403 Stockton StRichmond, VA 23224
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Built in 20252 Bedroom Apartments
2602-2606 Monument Ave
2602-2606 Monument AveRichmond, VA 23220
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Built in 2019Studio to 3 Bedroom Apartments
The Overlook at City View
609 Hull StRichmond, VA 23224
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Built in 20231 to 2 Bedroom Apartments
The Box
501-511 Decatur StRichmond, VA 23224
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Built in 20161 to 3 Bedroom Apartments
Osprey Lofts
3210 W Leigh StRichmond, VA 23230
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Built in 20241 to 3 Bedroom Apartments
310 W 31st
310 W 31st StreetRichmond, VA 23225
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Built in 20181 to 2 Bedroom Apartments
Century Flats
1004 N Thompson StRichmond, VA 23230
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Built in 20181 to 3 Bedroom Apartments
The Villas at Midview
1660 Oak Place BlvdRichmond, VA 23231
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Built in 20231 Bedroom Apartments
The Flats at Canal Crossing
101 S 15th StRichmond, VA 23219
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Built in 20251 to 3 Bedroom Apartments
121 W Broad St
123 W Broad StRichmond, VA 23220
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Built in 2020Studio to 4 Bedroom Apartments
The Riviera on Semmes
1412 Semmes AveRichmond, VA 23224
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Built in 20181 to 3 Bedroom Apartments
Hardwicke House
3212 Cutshaw AveRichmond, VA 23230
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Built in 20202 to 3 Bedroom Apartments
Alexander at 1090
1090 German School RdRichmond, VA 23225
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Built in 20191 to 2 Bedroom Apartments
805W Lofts
805 W Cary StRichmond, VA 23220
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Built in 20161 to 3 Bedroom Apartments
Argon Apartments
3805 Cutshaw AveRichmond, VA 23230
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Built in 20161 to 2 Bedroom Apartments
Centennial Apartments
523 E Main StRichmond, VA 23219
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Built in 20191 to 2 Bedroom Apartments
The Locks Tower
1001 E Byrd StRichmond, VA 23219
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Built in 20201 to 2 Bedroom Apartments
Hill Standard
4910-4930 Forest Hill AveRichmond, VA 23225
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Built in 20251 to 3 Bedroom Apartments
Market Villas
15 N 18th StRichmond, VA 23223
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 | $1,395 | $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 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Richmond, VA Area Reviews
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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 $922.
What is the price of a cheap apartment in Richmond?
The cheapest apartment in Richmond is Market Square which is listed at $671, while the average apartment in Richmond costs $2,401.
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 15,962 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 $453 which is $1,948 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.
Articles, How-To's, and Tips
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
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.
Renting with Roommates: Realistic Expectations for Shared Lease
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.