Cheap Apartments for Rent in Richmond, VA from $500 (509 Rentals) Page 6 of 11

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

property at 10 S Randolph St

$1,425

Total Monthly Price

Total Monthly Price

Base Rent
$1,425

Total Monthly Price
$1,425

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

10 S Randolph St

RichmondVA23220
property at 3600 W Broad St

$1,440 - $2,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,440

Total Monthly Price
$1,440

1 To 2 Bedroom Rentals

Available Now

3600 W Broad St

RichmondVA23230
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The Carousel
$1,442 - $2,717
Total Monthly Price

Total Monthly Price

Base Rent
$1,442 - $2,717

Total Monthly Price
$1,442 - $2,717
Studio to 2 Bedroom Apartments Available Now

The Carousel

2400 Grayland AveRichmond, VA 23220
Student Living
  • Verified
  • Customer Reviewed
  • Low Income
property at 1611 Hickory St

$1,449

Total Monthly Price

Total Monthly Price

Base Rent
$1,449

Total Monthly Price
$1,449

2 Bedroom, 1 Bath Home for Rent

Available Now

1611 Hickory St

RichmondVA23222
property at 2711 W Grace St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Home for Rent

Available Jun 11

2711 W Grace St

RichmondVA23220
property at 111 N Arthur Ashe Blvd

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Home for Rent

Available Jul 17

111 N Arthur Ashe Blvd

RichmondVA23220
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Circ Apartments
$1,460 - $4,475
Total Monthly Price

Total Monthly Price

Base Rent
$1,460 - $4,475

Total Monthly Price
$1,460 - $4,475
1 to 2 Bedroom Apartments Available Now

Circ Apartments

1137 W Grace StRichmond, VA 23220
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
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3009 Ellwood Ave, Unit C
$1,495
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495
2 Bedroom Apartment Available Aug 1

3009 Ellwood Ave, Unit C

3009 Ellwood AveRichmond, VA 23221
  • Smoke Free
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3019 Ellwood Ave, Unit A
$1,495
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495
1 Bedroom Apartment Available May 1

3019 Ellwood Ave, Unit A

3019 Ellwood AveRichmond, VA 23221
  • Smoke Free
property at 1211 Porter St

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

1 Bedroom, 1 Bath Home for Rent

Available Apr 4

1211 Porter St

RichmondVA23224
property at 1707 Colorado Ave

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Home for Rent

Available Now

1707 Colorado Ave

RichmondVA23220
property at 3422 Maryland Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

3422 Maryland Ave

RichmondVA23222
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Claremont Apartments
1 Bedroom Apartments

Claremont Apartments

3902 Chamberlayne AveRichmond, VA 23227
  • Utilities Included
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Lafayette Gardens
1 to 3 Bedroom Apartments

Lafayette Gardens

2219 Ruffin RdRichmond, VA 23234
  • Utilities Included
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Estratbrook North
1 Bedroom Apartments

Estratbrook North

3809 Chamberlayne AveRichmond, VA 23227
  • Utilities Included
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Cedarwood Apartments
1 Bedroom Apartments

Cedarwood Apartments

3803 Chamberlayne AveRichmond, VA 23227
  • Utilities Included
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Goshen Street
Studio to 3 Bedroom Apartments

Goshen Street

302 Goshen StRichmond, VA 23220
  • Utilities Included

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 $920.

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 $2,429.

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 14,929 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 $476 which is $1,953 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 A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

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.

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 Explore The River City Like a Local: The Insiders Guide to Renting in Richmond, VA article

Explore The River City Like a Local: The Insiders 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.

Articles, How-To's, and Tips

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.