Cheap Apartments for Rent in Richmond, VA from $566 (467 Rentals) Page 2 of 10

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

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Townhouses of White Oak
$1,066 - $1,534

Total Monthly Price

Base Rent$1,066 - $1,534

Total Monthly Price$1,066 - $1,534
12 Month Lease Term
1 to 4 Bedroom Apartments Available Oct 7

Townhouses of White Oak

4633 Needham CtRichmond, VA 23231
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Woodbriar Apartments
$1,071 - $1,490

Total Monthly Price

Base Rent$1,065 - $1,484
Required Monthly FeesVaries

Total Monthly PriceVaries
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Woodbriar Apartments

621 Warwick Village DrRichmond, VA 23224
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Eagle Mill Lofts
Rent Specials
$1,075 - $1,750

Total Monthly Price

Base Rent$1,075 - $1,750

Total Monthly Price$1,075 - $1,750
12 Month Lease Term
Studio to 3 Bedroom Apartments Available Now

Eagle Mill Lofts

1418 W Marshall StRichmond, VA 23220
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Park Vue
$1,077 - $1,084

Total Monthly Price

Base Rent$1,077 - $1,084

Total Monthly Price$1,077 - $1,084
12 Month Lease Term
2 Bedroom Apartments Available Now

Park Vue

801 Holly Springs AveRichmond, VA 23224
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Bellevue
$1,080 - $1,528

Total Monthly Price

Base Rent$1,080 - $1,528

Total Monthly Price$1,080 - $1,528
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Bellevue

3943-#1 Chamberlayne AveRichmond, VA 23227
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The Berkshire
$1,081 - $2,700

Total Monthly Price

Base Rent$1,081 - $2,700

Total Monthly Price$1,081 - $2,700
1 to 3 Bedroom Apartments Available Now

The Berkshire

300 W Franklin StRichmond, VA 23220
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The Masonry Apartments
Rent Specials
$1,081 - $1,861

Total Monthly Price

Base Rent$990 - $1,770
Required Monthly FeesVaries

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

The Masonry Apartments

2001 E Franklin StRichmond, VA 23223
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Honey Brook
$1,082 - $1,447

Total Monthly Price

Base Rent$1,082 - $1,447

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Soon

Honey Brook

3500 Kings DrRichmond, VA 23231
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Gateway Apartments
$1,082 - $1,850

Total Monthly Price

Base Rent$1,082 - $1,850

Total Monthly Price$1,082 - $1,850
Studio to 2 Bedroom Apartments Available Now

Gateway Apartments

1648 N Parham RdRichmond, VA 23229
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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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Smokehouse Lofts
$1,095 - $1,195

Total Monthly Price

Base Rent$1,095 - $1,195

Total Monthly Price$1,095 - $1,195
12 Month Lease Term
1 Bedroom Apartments Available Now

Smokehouse Lofts

110-114 S 15th StRichmond, VA 23219
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property at 14 S Plum St
$1,095

Total Monthly Price

Base Rent$1,095

Total Monthly Price$1,095
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

14 S Plum St

RichmondVA23220
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New Manchester Flats
$835 - $1,850

Total Monthly Price

Base Rent$835 - $1,850

Total Monthly Price$835 - $1,850
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

New Manchester Flats

715 E 4th StRichmond, VA 23224
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Forest Hill
Rent Specials
$1,100 - $1,330

Total Monthly Price

Base Rent$1,100 - $1,330

Total Monthly Price$1,100 - $1,330
12 Month Lease Term
1 to 2 Bedroom Apartments Available Nov 10

Forest Hill

205 W Roanoke StRichmond, VA 23225
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209 E Main St
$1,100 - $1,700

Total Monthly Price

Base Rent$1,100 - $1,700

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

209 E Main St

209 E Main StRichmond, VA 23219
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Parham Park Place I & II
$1,100 - $1,275

Total Monthly Price

Base Rent$1,100 - $1,275

Total Monthly Price$1,100 - $1,275
1 to 2 Bedroom Apartments Available Now

Parham Park Place I & II

7590-7600 E Parham RdRichmond, VA 23294
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210 E Grace St
$1,100 - $1,450

Total Monthly Price

Base Rent$1,100 - $1,450

Total Monthly Price$1,100 - $1,450
12 Month Lease Term
1 Bedroom Apartments Available Now

210 E Grace St

206-212 E Grace StRichmond, VA 23219
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Mallard Greens
Rent Specials
$1,103 - $1,350

Total Monthly Price

Base Rent$1,103 - $1,350

Total Monthly Price$1,103 - $1,350
12 Month Lease Term
2 to 3 Bedroom Apartments Available Now

Mallard Greens

2852 Fairfield AveRichmond, VA 23223
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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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Villas at Cedarhurst
Rent Specials
$1,103 - $1,503

Total Monthly Price

Base Rent$1,099 - $1,499
Required Monthly Fees$4

Total Monthly Price$1,103 - $1,503
Studio to 2 Bedroom Apartments Available Now

Villas at Cedarhurst

5950 Westower CtRichmond, VA 23225
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The Attain
$1,105 - $2,536

Total Monthly Price

Base Rent$1,105 - $2,536

Total Monthly Price$1,105 - $2,536
Studio to 3 Bedroom Apartments Available Now

The Attain

1903 E Marshall StRichmond, VA 23223
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Towers on Franklin
Rent Specials
$1,115 - $2,139

Total Monthly Price

Base Rent$970 - $1,994
Required Monthly Fees$145

Total Monthly Price$1,115 - $2,139
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

Towers on Franklin

104 W Franklin StRichmond, VA 23220
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The View at Belle Isle
$1,115 - $1,404

Total Monthly Price

Base Rent$1,110 - $1,399
Required Monthly Fees$5

Total Monthly Price$1,115 - $1,404
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

The View at Belle Isle

812 Hull StRichmond, VA 23224
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James River Villas
$1,130 - $1,510

Total Monthly Price

Base Rent$1,130 - $1,510

Total Monthly Price$1,130 - $1,510
1 to 3 Bedroom Apartments Available Now

James River Villas

2500-2506 Atwell DrRichmond, VA 23234
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Acclaim
Rent Specials
$1,135 - $2,050

Total Monthly Price

Base Rent$1,135 - $2,050

Total Monthly Price$1,135 - $2,050
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Acclaim

7050 Coachman LnRichmond, VA 23228
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The Foundry Apartments
$1,135 - $1,562

Total Monthly Price

Base Rent$1,135 - $1,562

Total Monthly Price$1,135 - $1,562
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

The Foundry Apartments

946 Sledd StRichmond, VA 23220
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James River Pointe
$1,139 - $1,749

Total Monthly Price

Base Rent$1,139 - $1,749

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

James River Pointe

435 German School RdRichmond, VA 23225
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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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Deering Manor
$1,140 - $1,390

Total Monthly Price

Base Rent$1,140 - $1,390

Total Monthly Price$1,140 - $1,390
2 Bedroom Apartments Available Now

Deering Manor

2720 Hopkins RdRichmond, VA 23234
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Highland Terrace Apartments
Rent Specials
$1,140 - $2,102

Total Monthly Price

Base Rent$1,140 - $2,102

Total Monthly Price$1,140 - $2,102
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Highland Terrace Apartments

1224 E Brookland Park BlvdRichmond, VA 23222
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Brookmont
$1,149 - $1,199

Total Monthly Price

Base Rent$1,149 - $1,199

Total Monthly Price$1,149 - $1,199
12 Month Lease Term
2 Bedroom Apartments Available Now

Brookmont

3238 Broad Rock BlvdRichmond, VA 23224
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The Current
$1,150 - $2,492

Total Monthly Price

Base Rent$1,150 - $2,492

Total Monthly Price$1,150 - $2,492
Studio to 2 Bedroom Apartments Available Now

The Current

400 Hull StRichmond, VA 23224
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700 West 44
$1,151 - $1,602

Total Monthly Price

Base Rent$1,146 - $1,597
Required Monthly Fees$5

Total Monthly Price$1,151 - $1,602
1 to 3 Bedroom Apartments Available Now

700 West 44

4500 Bassett AveRichmond, VA 23225
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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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Meadow Creek Apartments
Rent Specials
$1,155 - $1,260

Total Monthly Price

Base Rent$995 - $1,100
Required Monthly Fees$160

Total Monthly Price$1,155 - $1,260
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Meadow Creek Apartments

5316 Hull Street RdRichmond, VA 23224
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Monroe Park Towers Apartments
$1,164 - $1,750

Total Monthly Price

Base Rent$1,164 - $1,750

Total Monthly Price$1,164 - $1,750
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

Monroe Park Towers Apartments

520 W Franklin StRichmond, VA 23220
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Treehouse
Rent Specials
$1,165 - $2,770

Total Monthly Price

Base Rent$1,165 - $2,770

Total Monthly Price$1,165 - $2,770
1 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Treehouse

5701 Pony Farm DrRichmond, VA 23227
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Crystal Lakes Apartments
Rent Specials
$1,167 - $2,382

Total Monthly Price

Base Rent$1,140 - $2,355
Required Monthly FeesVaries

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Crystal Lakes Apartments

3501 Meadowdale BlvdRichmond, VA 23234
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Ashley Park Apartments
Rent Specials
$1,168 - $2,616

Total Monthly Price

Base Rent$1,065 - $2,513
Required Monthly FeesVaries

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Ashley Park Apartments

6901 Marlowe RdRichmond, VA 23225
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Village at the Arbors
Rent Specials
$1,173 - $1,599

Total Monthly Price

Base Rent$1,173 - $1,599

Total Monthly Price$1,173 - $1,599
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Village at the Arbors

5613 Crenshaw RdRichmond, VA 23227
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Spectrum Apartments
$1,175 - $2,965

Total Monthly Price

Base Rent$1,175 - $2,965

Total Monthly Price$1,175 - $2,965
Studio to 3 Bedroom Apartments Available Now

Spectrum Apartments

2017 Brook RdRichmond, VA 23220
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The Biggs Building
$1,179 - $2,044

Total Monthly Price

Base Rent$1,179 - $2,044

Total Monthly Price$1,179 - $2,044
Studio to 2 Bedroom Apartments Available Soon

The Biggs Building

900 W Marshall StRichmond, VA 23220
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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 $1,659.

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 16,409 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 $1,153 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

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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.

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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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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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.