Search the lowest-cost Apartments available for rent right now in Richmond.
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.
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richmond Studio Apartments | $1,483 | $715 | $7,525 |
| Richmond 1 Bedroom Apartments | $1,630 | $566 | $8,495 |
| Richmond 2 Bedroom Apartments | $1,922 | $628 | $10,000+ |
| Richmond 3 Bedroom Apartments | $2,152 | $810 | $10,000+ |
| Richmond 4 Bedroom Apartments | $1,263 | $729 | $5,876 |
If you’re an expert on all things Richmond, tell us what you love (and don't) by rating it and writing a review.
Write a ReviewLet everyone know!
Write a ReviewAll my life
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Richmond is under $922.
The cheapest apartment in Richmond is Liberty Gardens which is listed at $566, while the average apartment in Richmond costs $2,300.
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 13,013 regular apartments in Richmond that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Richmond have an average cost of $477 which is $1,823 cheaper than the average rent for all rentals in Richmond.
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.
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.
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.
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.
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.
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.
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.
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.
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
We'll check your Richmond review to ensure it meets our Review Guidelines.
Thank you!
