Apartments for Rent in Richmond, VA Under $1,200 (272 Rentals)

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Franklin Street Apartments
Rent Specials
$1,195 - $1,495
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $1,495
Total Monthly Price
$1,195 - $1,495
Studio to 1 Bedroom Apartments Available Now

Franklin Street Apartments

311 W Franklin StRichmond, VA 23220
Student Housing
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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 Jul 9

Tuckernuck Trail

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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Spectrum Apartments
Rent Specials
$1,175 - $3,290
Total Monthly Price

Total Monthly Price

Base Rent
$1,175 - $3,290
Total Monthly Price
$1,175 - $3,290
Studio to 3 Bedroom Apartments Available Now

Spectrum Apartments

2017 Brook RdRichmond, VA 23220
Student Housing
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Ashton Square Apartments
$1,175 - $1,575
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,175 - $1,575
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Ashton Square Apartments

603-A Westover Hills BlvdRichmond, VA 23225
Affordability
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  • Customer Reviewed
  • Utilities Included

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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Aston Ridge Apartments
Rent Specials
$1,173 - $2,720
Total Monthly Price

Total Monthly Price

Base Rent
$1,153 - $2,700
Required Monthly Fees
$20
Total Monthly Price
$1,173 - $2,720
1 to 3 Bedroom Apartments Available Now

Aston Ridge Apartments

705 Pool RdRichmond, VA 23236
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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 Available Now

700 West 44

4500 Bassett AveRichmond, VA 23225
Cost Per Sq.Ft.
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  • Low Income

The Richmond Renter's Guide to Living Near Work

Get the inside scoop on Richmond's most livable neighborhoods and find the perfect apartment close to where you work. Our local expert breaks it all down by the city's top employers like VCU Health and Costar.

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Towers on Franklin
Rent Specials
$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 Available Now

Towers on Franklin

104 W Franklin StRichmond, VA 23220
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Fox Rest Apartments
$1,133 - $1,438
Total Monthly Price

Total Monthly Price

Base Rent
$1,133 - $1,438
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Aug 7

Fox Rest Apartments

7515 Foxhall LnRichmond, VA 23228
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA

Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.

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Crystal Lakes Apartments
$1,122 - $2,547
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $2,520
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Crystal Lakes Apartments

3501 Meadowdale BlvdRichmond, VA 23234
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James River Pointe
Rent Specials
$1,119 - $1,754
Total Monthly Price

Total Monthly Price

Base Rent
$1,119 - $1,754
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

James River Pointe

435 German School RdRichmond, VA 23225
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Honey Brook
$1,112 - $1,447
Total Monthly Price

Total Monthly Price

Base Rent
$1,112 - $1,447
Total Monthly Price
Varies
2 Bedroom Apartments Available Jul 10

Honey Brook

3500 Kings DrRichmond, VA 23231
Cost Per Sq.Ft.
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2000 Riverside Apartments
Rent Specials
$1,110 - $1,869
Total Monthly Price

Total Monthly Price

Base Rent
$1,110 - $1,869
Total Monthly Price
$1,110 - $1,869
Studio to 2 Bedroom Apartments Available Now

2000 Riverside Apartments

2000 Riverside DrRichmond, VA 23225
Family Friendly
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  • Customer Reviewed
  • Utilities Included

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.

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Richmond, VA Local Guide

The Ultimate Renter's Guide for Finding the Perfect Student Friendly Richmond Neighborhood to Rent

Learn about the best neighborhoods for student renters near Richmond Colleges and Universities by our Local Expert Richard Corrigan

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Robin

February 25, 2025

All my life

Frequently Asked Questions about Richmond

How much are Studio apartments in Richmond?

There are currently 350 Studio Apartments in Richmond with rent ranges from $715 to $7,105 with an average price of $1,445.

What is the current price range for One Bedroom Richmond Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Richmond ranges from $566 to $8,413 with an average monthly rent of $1,631.

What does renting a Two Bedroom Apartment in Richmond cost?

The monthly rent prices of Two Bedroom Apartments currently available in Richmond range from $628 to $12,840. Today's average rental price for Two Bedrooms here is $1,951.

How expensive are Richmond Three Bedroom Apartments?

There are currently 413 Three Bedroom Apartments listings available in Richmond on ApartmentHomeLiving.com. The pricing ranges from $810 to $9,423 - averaging $2,176 for the location.

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

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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.

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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.

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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.

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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.

Articles, How-To's, and Tips

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.