Cheap Apartments for Rent in Richmond, VA from $300 (434 Rentals) Page 2 of 9

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

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Honey Brook
$1,082 - $1,447
Total Monthly Price

Total Monthly Price

Base Rent
$1,082 - $1,447

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Honey Brook

3500 Kings DrRichmond, VA 23231
Affordability
  • Verified
  • 3D Tour
property at 14 S Plum St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom Rentals

Available Now

14 S Plum St

RichmondVA23220

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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209 E Main St
$1,100 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,700

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

209 E Main St

209 E Main StRichmond, VA 23219
Affordability
  • Verified
  • 3D Tour
property at 3528 E Richmond Rd

$1,125

Total Monthly Price

Total Monthly Price

Base Rent
$1,125

Total Monthly Price
$1,125

2 Bedroom, 1 Bath Home for Rent

Available Now

3528 E Richmond Rd

RichmondVA23223

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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Towers on Franklin
$1,135 - $2,139
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$990 - $1,994
Required Monthly Fees
$145

Total Monthly Price
$1,135 - $2,139
Studio to 2 Bedroom Apartments Contact Us For Availability

Towers on Franklin

104 W Franklin StRichmond, VA 23220
Student Housing
  • 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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700 West 44
$1,151 - $1,602
Total Monthly Price

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 Contact Us For Availability

700 West 44

4500 Bassett AveRichmond, VA 23225
Affordability
  • Verified
  • Low Income
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Brookdale Apartments
$1,156
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150
Required Monthly Fees
$6

Total Monthly Price
$1,156
Studio to 2 Bedroom Apartments Available Oct 10

Brookdale Apartments

9027 Horrigan CtRichmond, VA 23294
Furnished
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  • Customer Reviewed
  • Smoke Free

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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Ashley Park Apartments
Rent Specials
$1,173 - $2,961
Total Monthly Price

Total Monthly Price

Base Rent
$1,070 - $2,858
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Ashley Park Apartments

6901 Marlowe RdRichmond, VA 23225
Outdoors
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  • 3D Tour
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Spectrum Apartments
Rent Specials
$1,175 - $3,170
Total Monthly Price

Total Monthly Price

Base Rent
$1,175 - $3,170

Total Monthly Price
$1,175 - $3,170
Studio to 3 Bedroom Apartments Available Now

Spectrum Apartments

2017 Brook RdRichmond, VA 23220
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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2000 Riverside Apartments
Rent Specials
$1,180 - $1,922
Total Monthly Price

Total Monthly Price

Base Rent
$1,180 - $1,922

Total Monthly Price
$1,180 - $1,922
Studio to 2 Bedroom Apartments Available Now

2000 Riverside Apartments

2000 Riverside DrRichmond, VA 23225
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
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Tuckernuck Trail
$1,190 - $2,014
Total Monthly Price

Total Monthly Price

Base Rent
$1,171 - $1,995
Required Monthly Fees
$19

Total Monthly Price
$1,190 - $2,014
1 to 3 Bedroom Apartments Available Aug 18

Tuckernuck Trail

3223 Saint Martins TrlRichmond, VA 23294
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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 $933.

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 $1,668.

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 12,120 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 $484 which is $1,184 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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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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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.