Top Rated Cheap Apartments for Rent in Richmond, VA from $500 (100 Rentals) Page 2 of 2

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Top Rated Apartments in Richmond.

Cheap Apartments in Richmond.

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The Cooperage
$1,409 - $2,655
Total Monthly Price

Total Monthly Price

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$1,409 - $2,655

Total Monthly Price
$1,409 - $2,655
1 to 2 Bedroom Apartments Available Now

The Cooperage

1650 Overbrook RdRichmond, VA 23220
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Hydro
$1,409 - $3,252
Total Monthly Price

Total Monthly Price

Base Rent
$1,409 - $3,252

Total Monthly Price
$1,409 - $3,252
Studio to 2 Bedroom Apartments Available Now

Hydro

101 Manchester RdRichmond, VA 23224
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One Canal Apartments
$1,441 - $2,083
Total Monthly Price

Total Monthly Price

Base Rent
$1,435 - $2,077
Required Monthly Fees
$6

Total Monthly Price
$1,441 - $2,083
1 to 2 Bedroom Apartments Available Now

One Canal Apartments

108 S 1st StRichmond, VA 23219
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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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River’s Edge at Manchester
$1,464 - $2,966
Total Monthly Price

Total Monthly Price

Base Rent
$1,439 - $2,941
Required Monthly Fees
$25

Total Monthly Price
$1,464 - $2,966
1 to 3 Bedroom Apartments Available Now

River’s Edge at Manchester

505 Porter StRichmond, VA 23224
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Circ Apartments
$1,468 - $4,475
Total Monthly Price

Total Monthly Price

Base Rent
$1,468 - $4,475

Total Monthly Price
$1,468 - $4,475
1 to 2 Bedroom Apartments Available Now

Circ Apartments

1137 W Grace StRichmond, VA 23220
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The Locks
Rent Specials
$1,469 - $2,577
Total Monthly Price

Total Monthly Price

Base Rent
$1,469 - $2,577

Total Monthly Price
$1,469 - $2,577
1 to 2 Bedroom Apartments Available Now

The Locks

311 S 11th StRichmond, VA 23219
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East 51 At Rocketts Landing
Rent Specials
$1,472 - $3,617
Total Monthly Price

Total Monthly Price

Base Rent
$1,472 - $3,617

Total Monthly Price
$1,472 - $3,617
Studio to 3 Bedroom Apartments Available Now

East 51 At Rocketts Landing

5101 Old Main StRichmond, VA 23231
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Market Slip
1 to 2 Bedroom Apartments

Market Slip

2 S 17th StRichmond, VA 23219
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2001 East
Studio to 2 Bedroom Apartments

2001 East

2001 E Broad 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.

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1200 SEMMES Apartments
Studio to 2 Bedroom Apartments

1200 SEMMES Apartments

1200 Semmes AveRichmond, VA 23224
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Market Villas
1 to 3 Bedroom Apartments

Market Villas

15 N 18th 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 to 3 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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T and E Apartments
Studio to 3 Bedroom Apartments

T and E Apartments

1011 W Marshall StRichmond, VA 23220
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One West Jackson Apartments
Studio to 1 Bedroom Apartments

One West Jackson Apartments

1-27 W Jackson StRichmond, VA 23220
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The Box
1 to 2 Bedroom Apartments

The Box

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

Cedar Broad

1820 E Broad StRichmond, VA 23223
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Plant 1 Apartments
1 to 3 Bedroom Apartments

Plant 1 Apartments

403 Stockton StRichmond, VA 23224
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Old Stone Row
1 to 2 Bedroom Apartments

Old Stone Row

2005 E Franklin StRichmond, VA 23223
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The Dill Building
1 to 3 Bedroom Apartments

The Dill Building

2020 E Franklin StRichmond, VA 23223
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Century Flats
1 to 2 Bedroom Apartments

Century Flats

1004 N Thompson StRichmond, VA 23230
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1309-1311 Hull Street
1 to 2 Bedroom Apartments

1309-1311 Hull Street

1309-1315 Hull StRichmond, VA 23224
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CT Russell Apartments
2 Bedroom Apartments

CT Russell Apartments

700-702 N 2nd StRichmond, VA 23219
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Exchange Place
1 to 2 Bedroom Apartments

Exchange Place

1309-1317 E Main StRichmond, VA 23219
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Clairmont at Chesterfield
1 to 3 Bedroom Apartments

Clairmont at Chesterfield

2000 Breezy Point CirRichmond, VA 23235
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Centennial Apartments
1 to 2 Bedroom Apartments

Centennial Apartments

523 E Main StRichmond, VA 23219
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Lucky Strike Lofts
1 to 2 Bedroom Apartments

Lucky Strike Lofts

2600 E Cary StRichmond, VA 23223
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Argon
1 to 3 Bedroom Apartments

Argon

3805 Cutshaw AveRichmond, VA 23230
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Stockton Lofts
1 Bedroom Apartments

Stockton Lofts

360 Stockton StRichmond, VA 23224
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Enclave Apartments
1 to 3 Bedroom Apartments

Enclave Apartments

13300 Enclave DrMidlothian, VA 23114
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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 $933.

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 $2,391.

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 14,490 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 $1,920 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.