
Cheap Apartments for Rent in Richmond, VA from $300 (434 Rentals) Page 2 of 9
Search the lowest-cost Apartments available for rent right now in Richmond.


The Berkshire

Total Monthly Price
Honey Brook

Gateway Apartments

Park Vue

Three Chopt West Apartments

Total Monthly Price
Pointe at River City

302 Goshen St, Unit 106

14 S Plum St

Total Monthly Price
2582 Alcott Rd, Unit Apt C
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.

Forest Hill

Total Monthly Price
209 E Main St

Parham Park Place I & II

Mallard Greens

The River Lofts at Tobacco Row

Glenwood Ridge Apartments

Laurel Pines

Eagle Mill Lofts

3528 E Richmond Rd

2400 Barton Ave
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.

James River Villas

Miller Lofts @ Plant Zero

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Towers on Franklin

The Foundry Apartments

Deering Manor

Swansboro Place

The Attain

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The Residences of Westover Hills

Brookmont

Victory at Edgewood
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.

Forest Square Apartments

The Grand Richmond at Brook Run

The Current

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700 West 44

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Brookdale Apartments

Colonial Apartments

The Edison

Treehouse

Residences at the John Marshall

Village at the Arbors
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.

Total Monthly Price
Ashley Park Apartments

Total Monthly Price
Spectrum Apartments

The Mirage Manchester

The Concord Northside

The Oliver

The Biggs Building

Total Monthly Price
2000 Riverside Apartments

The Corner Lofts

The Park at Ridgedale

Total Monthly Price
Tuckernuck Trail
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 Local Guide

How much does it cost to rent an apartment in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Richmond Studio Apartments | $1,501 | $715 | $2,791 |
| Cheap Richmond 1 Bedroom Apartments | $1,631 | $566 | $8,530 |
| Cheap Richmond 2 Bedroom Apartments | $1,931 | $582 | $10,000+ |
| Cheap Richmond 3 Bedroom Apartments | $2,190 | $819 | $10,000+ |
| Cheap Richmond 4 Bedroom Apartments | $1,805 | $729 | $5,659 |
Browse Top Apartments in Richmond
See all Apartments in RichmondExplore Richmond
Richmond, VA Area Reviews
Robin
February 25, 2025All 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

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.

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.

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.

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

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.

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.

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.

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.