Cheap Apartments for Rent in Richmond, VA from $500 with Swimming Pool (138 Rentals) Page 2 of 3

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Search the lowest-cost Apartments available for rent right now in Richmond.

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The Locks
$1,269 - $2,977
Total Monthly Price

Total Monthly Price

Base Rent
$1,269 - $2,977

Total Monthly Price
$1,269 - $2,977
1 to 2 Bedroom Apartments Available Now

The Locks

311 S 11th StRichmond, VA 23219
Corporate Housing
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Colonial Apartments
Rent Specials
$1,281 - $2,641
Total Monthly Price

Total Monthly Price

Base Rent
$1,140 - $2,500
Required Monthly Fees
$141

Total Monthly Price
$1,281 - $2,641
1 to 3 Bedroom Apartments Available Now

Colonial Apartments

5501 Pony Farm DrRichmond, VA 23227
Student Housing
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South Falls Tower
Rent Specials
$1,282 - $4,411
Total Monthly Price

Total Monthly Price

Base Rent
$1,282 - $4,411

Total Monthly Price
$1,282 - $4,411
Studio to 2 Bedroom Apartments Available Now

South Falls Tower

111 Hull StRichmond, VA 23224
Luxury
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Chesterfield Flats
$1,299 - $1,654
Total Monthly Price

Total Monthly Price

Base Rent
$1,284 - $1,639
Required Monthly Fees
$15

Total Monthly Price
$1,299 - $1,654
1 to 3 Bedroom Apartments Available Now

Chesterfield Flats

6300 Pewter AveRichmond, VA 23224
Corporate Housing
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  • 3D Tour

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Staples Mill Townhomes
Rent Specials
$1,301 - $2,032
Total Monthly Price

Total Monthly Price

Base Rent
$1,301 - $2,032

Total Monthly Price
$1,301 - $2,032
1 to 3 Bedroom Apartments Available Now

Staples Mill Townhomes

4100-A Townhouse RdRichmond, VA 23228
Corporate Housing
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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The Cooperage
Rent Specials
$1,333 - $2,882
Total Monthly Price

Total Monthly Price

Base Rent
$1,333 - $2,882

Total Monthly Price
$1,333 - $2,882
1 to 2 Bedroom Apartments Available Now

The Cooperage

1650 Overbrook RdRichmond, VA 23220
Corporate Housing
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  • Utilities Included
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Chesterfield Village
Rent Specials
$1,346 - $3,359
Total Monthly Price

Total Monthly Price

Base Rent
$1,227 - $3,240
Required Monthly Fees
$119

Total Monthly Price
$1,346 - $3,359
1 to 3 Bedroom Apartments Available Now

Chesterfield Village

211 Lingstorm LnRichmond, VA 23225
Active Lifestyle
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Rockwood Park BRG
$1,373 - $2,127
Total Monthly Price

Total Monthly Price

Base Rent
$1,241 - $1,995
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Contact Us For Availability

Rockwood Park BRG

3310 Old Courthouse RdRichmond, VA 23236
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St. John's Wood
Rent Specials
$1,389 - $2,708
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,181 - $2,500
Required Monthly Fees
$208

Total Monthly Price
$1,389 - $2,708
1 to 3 Bedroom Apartments Available Now

St. John's Wood

901 Saint Johns Wood DrRichmond, VA 23225
Student Housing
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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

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Wellesley Terrace At Short Pump
Rent Specials
$1,404 - $2,949
Total Monthly Price

Total Monthly Price

Base Rent
$1,370 - $2,915
Required Monthly Fees
$34

Total Monthly Price
$1,404 - $2,949
1 to 3 Bedroom Apartments Available Now

Wellesley Terrace At Short Pump

3807 Chase Wellesley CtRichmond, VA 23233
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The Hudson
Rent Specials
$1,404 - $1,795
Total Monthly Price

Total Monthly Price

Base Rent
$1,319 - $1,710
Required Monthly Fees
$85

Total Monthly Price
$1,404 - $1,795
1 to 3 Bedroom Apartments Available Now

The Hudson

700 Stockton StRichmond, VA 23224
Corporate Housing
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Hydro
Rent Specials
$1,407 - $3,214
Total Monthly Price

Total Monthly Price

Base Rent
$1,407 - $3,214

Total Monthly Price
$1,407 - $3,214
Studio to 2 Bedroom Apartments Available Now

Hydro

101 Manchester RdRichmond, VA 23224
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River Vista Apartments
Rent Specials
$1,408 - $2,105
Total Monthly Price

Total Monthly Price

Base Rent
$1,408 - $2,105

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Contact Us For Availability

River Vista Apartments

1500 Forest Run DrRichmond, VA 23228
Corporate Housing
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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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London Towne
Rent Specials
$1,408 - $3,185
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,258 - $3,035
Required Monthly Fees
$150

Total Monthly Price
$1,408 - $3,185
1 to 3 Bedroom Apartments Available Now

London Towne

5618 Eunice DrRichmond, VA 23228
Student Housing
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Glenns at Millers Lane
$1,410
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,405
Required Monthly Fees
Varies

Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Now

Glenns at Millers Lane

4700 Millers LnRichmond, VA 23231
Affordability
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  • Low Income
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The Lofts at Shiplock Watch
$1,411 - $1,801
Total Monthly Price

Total Monthly Price

Base Rent
$1,320 - $1,710
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Lofts at Shiplock Watch

2823 E Main StRichmond, VA 23223
Affordability
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One Canal Apartments
$1,421 - $2,083
Total Monthly Price

Total Monthly Price

Base Rent
$1,415 - $2,077
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

One Canal Apartments

108 S 1st StRichmond, VA 23219
Student Housing
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The Bakery
Rent Specials
$1,425 - $2,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,425 - $2,000

Total Monthly Price
$1,425 - $2,000
1 to 2 Bedroom Apartments Available Now

The Bakery

127 N 17th StRichmond, VA 23219
Luxury
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  • Utilities Included
  • 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 $946.

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 $2,451.

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 16,577 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 $467 which is $1,984 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.

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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.

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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.