Top Rated Cheap Apartments for Rent in Richmond, VA from $400 (68 Rentals) Page 2 of 2

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Top Rated Apartments in Richmond.

Cheap Apartments in Richmond.

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1820 E Broad St
1 to 3 Bedroom Apartments

1820 E Broad St

1820 E Broad StRichmond, VA 23223
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Terrace at the Masonry
1 to 3 Bedroom Apartments

Terrace at the Masonry

202 N 20th StRichmond, VA 23223
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The Faison Residence
1 Bedroom Apartments

The Faison Residence

5322 Markel RdRichmond, VA 23230
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Engine at The Masonry
1 to 2 Bedroom Apartments

Engine at The Masonry

2026 E Main StRichmond, VA 23223
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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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Cobblestone Commons
1 to 2 Bedroom Apartments

Cobblestone Commons

1425 E Cary StRichmond, VA 23219
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Century Flats
1 to 2 Bedroom Apartments

Century Flats

1004 N Thompson StRichmond, VA 23230
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403 Stockton St
1 to 2 Bedroom Apartments

403 Stockton St

403 Stockton StRichmond, VA 23224
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The Box
1 to 2 Bedroom Apartments

The Box

501-511 Decatur StRichmond, VA 23224
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1322 W Broad St
1 to 2 Bedroom Apartments

1322 W Broad St

1322 W Broad StRichmond, VA 23220
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Argon Apartments
2 Bedroom Apartments

Argon Apartments

3805 Cutshaw AveRichmond, VA 23230
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18th Street Lofts
1 Bedroom Apartments

18th Street Lofts

1711 E Main StRichmond, VA 23223
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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.

Getting Around Richmond, VA

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

26 / 100

Some Transit

A few nearby public transportation options

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 $965.

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 $2,653.

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 12,933 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 $506 which is $2,147 cheaper than the average rent for all rentals in Richmond.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.