Top Rated Cheap Apartments for Rent in Richmond, VA from $566 (83 Rentals) Page 2 of 2

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Top Rated Apartments in Richmond.

Cheap Apartments in Richmond.

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The Cloisters
Studio to 3 Bedroom Apartments

The Cloisters

9007 Cloisters ERichmond, VA 23229
  • Utilities Included
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501-503 E Main St
1 Bedroom Apartments

501-503 E Main St

501-503 E Main StRichmond, VA 23219
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1200 SEMMES Apartments
Studio to 2 Bedroom Apartments

1200 SEMMES Apartments

1200 Semmes AveRichmond, VA 23224
  • Utilities Included
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Shockoe Center
1 to 2 Bedroom Apartments

Shockoe Center

1900 E Franklin StRichmond, VA 23223
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NOON Hioaks
1 to 3 Bedroom Apartments

NOON Hioaks

475 Hioaks RdRichmond, VA 23225
  • Utilities Included
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The Faison Residence
1 to 3 Bedroom Apartments

The Faison Residence

5322 Markel RdRichmond, VA 23230
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Consolidated
1 to 2 Bedroom Apartments

Consolidated

2220-2222 E Cary StRichmond, VA 23223
  • Utilities Included
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1318 W. Broad St.
1 to 3 Bedroom Apartments

1318 W. Broad St.

1318-1320 W Broad StRichmond, VA 23220
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Osprey Lofts
1 to 3 Bedroom Apartments

Osprey Lofts

3210 W Leigh StRichmond, VA 23230
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2 E Broad St
1 to 2 Bedroom Apartments

2 E Broad St

2 E Broad StRichmond, VA 23219
  • Utilities Included

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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The Box
1 to 2 Bedroom Apartments

The Box

501-511 Decatur StRichmond, VA 23224
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Argon
1 to 3 Bedroom Apartments

Argon

3805 Cutshaw AveRichmond, VA 23230
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Kensington Court
1 to 2 Bedroom Apartments

Kensington Court

2900 Kensington AveRichmond, VA 23221
  • Utilities Included
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Champions Club
Rent Specials
$1,182 - $1,837
Total Monthly Price

Total Monthly Price

Base Rent
$1,152 - $1,807
Required Monthly Fees
$30

Total Monthly Price
$1,182 - $1,837
1 to 2 Bedroom Apartments Available Now

Champions Club

4200 Harwin PlGlen Allen, VA 23060
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Windmill Way Apartments
$1,420 - $1,570
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,395 - $1,545
Required Monthly Fees
$25

Total Monthly Price
$1,420 - $1,570
2 Bedroom Apartments Available Now

Windmill Way Apartments

7240 Elm Tree TerMechanicsville, VA 23111
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
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Signal at Medallion Park
Rent Specials
$1,455 - $3,090
Total Monthly Price

Total Monthly Price

Base Rent
$1,365 - $3,000
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Signal at Medallion Park

10551 Telegraph RdGlen Allen, VA 23059
Eco-Friendly
  • Verified
  • Customer Reviewed
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Mill Trace Village Apartments
$1,487 - $3,130
Total Monthly Price

Total Monthly Price

Base Rent
$1,480 - $3,123
Required Monthly Fees
$7

Total Monthly Price
$1,487 - $3,130
1 to 3 Bedroom Apartments Available Now

Mill Trace Village Apartments

7160 Ellerson Mill CirMechanicsville, VA 23111
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Austin Woods
$1,565 - $2,380
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,560 - $2,375
Required Monthly Fees
$5

Total Monthly Price
$1,565 - $2,380
1 to 3 Bedroom Apartments Available Now

Austin Woods

6401 Scots Pine RunNorth Chesterfield, VA 23234
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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BeaverDam Creek Apartments
$1,599 - $1,799
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,599 - $1,799

Total Monthly Price
$1,599 - $1,799
2 to 3 Bedroom Apartments Available Now

BeaverDam Creek Apartments

7264 Cold Harbor RdMechanicsville, VA 23111
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Enclave Apartments
1 to 3 Bedroom Apartments

Enclave Apartments

13300 Enclave DrMidlothian, VA 23114

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 $895.

What is the price of a cheap apartment in Richmond?

The cheapest apartment in Richmond is 11 E Broad St which is listed at $749, while the average apartment in Richmond costs $1,651.

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 14,566 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 $518 which is $1,133 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 Your Richmond Neighborhood Guide: Living Near the City's Top Employers article

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.

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Explore The River City Like a Local: The Insider's 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.

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.

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

A Local Expert's 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.

Articles, How-To's, and Tips

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.