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$1,000 - $1,250
Plus Fees
1 to 2 Bedroom Apartments Available NowParham Park Place I & II
7590-7600 E Parham RdRichmond, VA 23294
Cheap Senior Apartments for Rent in Richmond, VA from $300 (19 Rentals)
Senior Living Rental Options.
Cheap Apartments in Richmond.
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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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$1,177
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityThe Concord Northside
710 W Fells StRichmond, VA 23222
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$1,191 - $1,418
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowThe Park at Ridgedale
5001 Ridgedale PkyRichmond, VA 23234
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$1,208 - $1,449
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowThe Cascade at Foundry Creek
4824 Walmsley BlvdRichmond, VA 23224
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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
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 Bedroom Apartments
Shockoe Hill Senior Apartments 62 plus*
206-210 Hospital StRichmond, VA 23219
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1 to 2 Bedroom Apartments
Market Square
7300 Taw StRichmond, VA 23237
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1 Bedroom Apartments
Manchester Grand Apartments
1411 Bainbridge StRichmond, VA 23224
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Studio to 1 Bedroom Apartments
2700 Idlewood Ave
2700 Idlewood AveRichmond, VA 23220
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1 Bedroom Apartments
Bowler Retirement Community
608 N 26th StRichmond, VA 23223
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1 to 2 Bedroom Apartments
Bacon Retirement Community
815 N 35th StRichmond, VA 23223
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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1 Bedroom Apartments
The Rosa
744 N 2nd StRichmond, VA 23219
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1 to 2 Bedroom Apartments
Carter Woods - 62 + Better Senior Community
301 Dabbs House RdRichmond, VA 23223
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1 to 2 Bedroom Apartments
Reflections Apartments
4611 Lou's Lore LnRichmond, VA 23231
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Studio to 2 Bedroom Apartments
Legacy At Imperial Village
1711 Bellevue AveRichmond, VA 23227
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1 to 2 Bedroom Apartments
The Arbors Senior Apartments
7608 Forest Hill AveRichmond, VA 23225
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Studio to 2 Bedroom Apartments
Guardian Place Apartments
1620 N Hamilton StRichmond, VA 23230
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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$1,337
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityWatermark Gardens
6050 Hendry AveNorth Chesterfield, VA 23234
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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 |
|---|---|---|---|
| Richmond Studio Apartments | $1,423 | $715 | $2,581 |
| Richmond 1 Bedroom Apartments | $1,625 | $566 | $9,420 |
| Richmond 2 Bedroom Apartments | $1,935 | $628 | $10,000+ |
| Richmond 3 Bedroom Apartments | $2,156 | $810 | $10,000+ |
| Richmond 4 Bedroom Apartments | $1,265 | $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
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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.
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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 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
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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 $950.
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 $2,395.
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 13,544 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 $471 which is $1,924 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
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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.