Cheap Apartments for Rent with Specials in Richmond, VA from $500 (109 Rentals) Page 2 of 3

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Rental Listings with Specials.

Cheap Apartments in Richmond.

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Legacy at Mayland
Rent Specials
$1,307 - $1,939
Total Monthly Price

Total Monthly Price

Base Rent
$1,131 - $1,763
Required Monthly Fees
$176

Total Monthly Price
$1,307 - $1,939
1 to 3 Bedroom Apartments Available Now

Legacy at Mayland

8800 Queensmere PlRichmond, VA 23294
Furnished
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  • Utilities Included
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London Towne
Rent Specials
$1,310 - $2,990
Total Monthly Price

Total Monthly Price

Base Rent
$1,160 - $2,840
Required Monthly Fees
$150

Total Monthly Price
$1,310 - $2,990
1 to 3 Bedroom Apartments Available Now

London Towne

5618 Eunice DrRichmond, VA 23228
Student Housing
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  • Customer Reviewed
  • 3D Tour

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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South Falls Tower
Rent Specials
$1,319 - $4,280
Total Monthly Price

Total Monthly Price

Base Rent
$1,319 - $4,280

Total Monthly Price
$1,319 - $4,280
Studio to 2 Bedroom Apartments Available Now

South Falls Tower

111 Hull StRichmond, VA 23224
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour

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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East 51 At Rocketts Landing
Rent Specials
$1,397 - $3,931
Total Monthly Price

Total Monthly Price

Base Rent
$1,397 - $3,931

Total Monthly Price
$1,397 - $3,931
Studio to 3 Bedroom Apartments Available Now

East 51 At Rocketts Landing

5101 Old Main StRichmond, VA 23231
Eco-Friendly
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  • Customer Reviewed
  • 3D Tour
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River Vista Apartments
Rent Specials
$1,413 - $2,105
Total Monthly Price

Total Monthly Price

Base Rent
$1,413 - $2,105

Total Monthly Price
$1,413 - $2,105
1 to 3 Bedroom Apartments Available Now

River Vista Apartments

1500 Forest Run DrRichmond, VA 23228
Corporate Housing
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  • 3D Tour
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The Locks
Rent Specials
$1,423 - $2,745
Total Monthly Price

Total Monthly Price

Base Rent
$1,423 - $2,745

Total Monthly Price
$1,423 - $2,745
1 to 2 Bedroom Apartments Available Now

The Locks

311 S 11th StRichmond, VA 23219
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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The Carousel
Rent Specials
$1,442 - $2,773
Total Monthly Price

Total Monthly Price

Base Rent
$1,442 - $2,773

Total Monthly Price
$1,442 - $2,773
Studio to 2 Bedroom Apartments Available Now

The Carousel

2400 Grayland AveRichmond, VA 23220
Affordability
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  • Customer Reviewed
  • Low Income
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Otis
Rent Specials
$1,481 - $6,412
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $6,331
Required Monthly Fees
$81

Total Monthly Price
$1,481 - $6,412
Studio to 3 Bedroom Apartments Available Now

Otis

1661 Roseneath RdRichmond, VA 23230
Pet Friendly
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Kings Crossing
Rent Specials
$1,489 - $2,454
Total Monthly Price

Total Monthly Price

Base Rent
$1,459 - $2,424
Required Monthly Fees
$30

Total Monthly Price
$1,489 - $2,454
1 to 3 Bedroom Apartments Available Now

Kings Crossing

10002 Castile CtRichmond, VA 23238
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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Meadowbrook Apartments
Rent Specials
$1,200 - $2,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $2,150

Total Monthly Price
$1,200 - $2,150
1 to 4 Bedroom Apartments Contact Us For Availability

Meadowbrook Apartments

5313 Markview LnMeadowbrook, VA 23234
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Maple Springs Apartment Homes
Rent Specials
$1,303 - $2,180
Total Monthly Price

Total Monthly Price

Base Rent
$1,303 - $2,180

Total Monthly Price
$1,303 - $2,180
Studio to 2 Bedroom Apartments Available Now

Maple Springs Apartment Homes

5624 Maple Run LnHenrico, VA 23228
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

Richmond, VA Area Reviews

  • Cost of Living

Robin

February 25, 2025

All 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 $2,374.

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 16,071 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 $449 which is $1,925 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

decorative image for A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

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.

decorative image for Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters article

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.

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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

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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.

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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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.