
Cheap Apartments for Rent in Richmond, VA from $500 (545 Rentals) Page 5 of 11
Search the lowest-cost Apartments available for rent right now in Richmond.


Model Tobacco Lofts

1510 W Broad St - Residential

Hickory Creek

Legacy at Mayland

Pohlig Box Factory Apartments

Cookie Factory Lofts

The Point at Beaufont

403 Stockton St

Southwood Apartments

Terraces at Manchester

Stratford Hills Apartment and Townhomes

City View Lofts

Shiplock Views

Kent Road Village

Morningside Apartments

Shockoe Valley View

Commodore Old Town Manchester

Poythress Apartments

Wellsmith Apartments

Todd Lofts

The Jamestown

River Vista Apartments

Shady Creek

Cary Belvidere Apartments

The Flats at Canal Crossing

1005 Grove Ave Apartments

Link Apartments® Manchester

527 Fritz St

1607 Brookfield St

1518 Porter St

The Waterford At Rocketts Landing

First National Apartments

Courtyard Lofts

Deco at CNB

Rockwood Park BRG

Reserve South

Wellesley Terrace At Short Pump

The Gallery Midtown Apartments

Landmark at Gayton Apartments

American Heritage Apartments

Park Plaza @ Belvidere

The Westover

Landmark at Marshall Broad
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 | $1,377 | $715 | $3,325 |
| Cheap Richmond 1 Bedroom Apartments | $1,625 | $671 | $3,834 |
| Cheap Richmond 2 Bedroom Apartments | $1,868 | $775 | $6,022 |
| Cheap Richmond 3 Bedroom Apartments | $2,220 | $739 | $6,499 |
| Cheap Richmond 4 Bedroom Apartments | $1,443 | $649 | $5,994 |
Browse Top Apartments in Richmond
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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 $922.
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 $2,563.
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 16,514 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 $473 which is $2,090 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.
Articles, How-To's, and Tips

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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.





