
Cheap Apartments for Rent in Richmond, VA from $566 (466 Rentals) Page 3 of 10
Search the lowest-cost Apartments available for rent right now in Richmond.


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Centennial Terrace

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The Park at Ridgedale

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The Mirage Manchester

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1 West Cary Apartments

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Fox Rest Apartments

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The Cascade at Foundry Creek

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The Gardens at Manchester

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The Hill Building

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1510 W. Broad Street
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

410 Dobson St

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The Concord Northside

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Cookie Factory Lofts

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Shockoe Valley View

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The Corner Lofts

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Hopper Lofts

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2000 Riverside Apartments

3503 E Marshall St

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The Oliver

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Rock Creek
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Chesterfield Flats

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Tuckernuck Trail

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Railyard Flats

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Landmark at Patterson

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South Pointe Landing

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Platform at Spur Line Lofts

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Soda Flats

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London Towne

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Three Chopt West Apartments

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Aston Ridge Apartments

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Linden at Parkside

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The Arbors at Hull Street Senior Apartments

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Cabin Creek Apartments

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Cross Creek Apartments

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Culpeper Farms

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South Bank

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Amber Ridge Apartments

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St. John's Wood

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Todd Lofts

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Stratford Hills Apartment and Townhomes

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Lofts and Upper Lofts at Canal Walk III

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District Square Apartments

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Shockoe Collection

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Trolley Lofts

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Grace & Monroe Apartments

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Poythress Apartments

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Chesterfield Village

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Marshall Street Apartments

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Southern Stove Lofts

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The Crossings at Bramblewood
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 | $1,475 | $715 | $2,741 |
| Cheap Richmond 1 Bedroom Apartments | $1,626 | $566 | $8,677 |
| Cheap Richmond 2 Bedroom Apartments | $1,936 | $835 | $10,000+ |
| Cheap Richmond 3 Bedroom Apartments | $2,187 | $825 | $4,554 |
| Cheap Richmond 4 Bedroom Apartments | $1,456 | $690 | $5,849 |
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 $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

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.

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.

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.

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.