Apartments for Rent in Richmond, VA Under $1,200 (293 Rentals)

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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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Staples Mill Townhomes
Rent Specials
$1,186 - $2,067
Total Monthly Price

Total Monthly Price

Base Rent
$1,186 - $2,067
Total Monthly Price
$1,186 - $2,067
1 to 3 Bedroom Apartments Available Now

Staples Mill Townhomes

4100-A Townhouse RdRichmond, VA 23228
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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The Villas of Oakwood
$1,174 - $1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,174 - $1,450
Total Monthly Price
$1,174 - $1,450
2 Bedroom Apartments Available Now

The Villas of Oakwood

3508 E Richmond RdRichmond, VA 23223
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Colonial Apartments
Rent Specials
$1,150 - $2,210
Total Monthly Price

Total Monthly Price

Base Rent
$1,009 - $2,069
Required Monthly Fees
$141
Total Monthly Price
$1,150 - $2,210
1 to 3 Bedroom Apartments Available Now

Colonial Apartments

5501 Pony Farm DrRichmond, VA 23227
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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St. John's Wood
Rent Specials
$1,120 - $2,725
Total Monthly Price

Total Monthly Price

Base Rent
$912 - $2,517
Required Monthly Fees
$208
Total Monthly Price
$1,120 - $2,725
1 to 3 Bedroom Apartments Available Now

St. John's Wood

901 Saint Johns Wood DrRichmond, VA 23225
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Richmond’s Best Affordable Neighborhoods

Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

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The Shockoe Collection
$1,099 - $2,399
Total Monthly Price

Total Monthly Price

Base Rent
$949 - $2,249
Required Monthly Fees
$150
Total Monthly Price
$1,099 - $2,399
1 to 3 Bedroom Apartments Available Now

The Shockoe Collection

104 Shockoe SlipRichmond, VA 23219
Transit Friendly
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The Residences of Westover Hills
$1,099 - $1,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,079 - $1,780
Required Monthly Fees
$20
Total Monthly Price
$1,099 - $1,800
1 to 2 Bedroom Apartments Available Now

The Residences of Westover Hills

5852 Westower DrRichmond, VA 23225
Corporate Housing
  • Verified
  • Customer Reviewed
  • Low Income

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Richmond, VA Local Guide

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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

Explore Richmond, VA Rentals by Map

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See the most popular apartments and homes in Richmond, VA

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Richmond, VA Area Reviews

  • Cost of Living

Robin

February 25, 2025

All my life

Frequently Asked Questions about Richmond

How much are Studio apartments in Richmond?

There are currently 352 Studio Apartments in Richmond with rent ranges from $715 to $4,707 with an average price of $1,401.

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 $671 to $5,695 with an average monthly rent of $1,604.

What does renting a Two Bedroom Apartment in Richmond cost?

The monthly rent prices of Two Bedroom Apartments currently available in Richmond range from $775 to $5,733. Today's average rental price for Two Bedrooms here is $1,866.

How expensive are Richmond Three Bedroom Apartments?

There are currently 395 Three Bedroom Apartments listings available in Richmond on ApartmentHomeLiving.com. The pricing ranges from $759 to $6,412 - averaging $2,136 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.

Articles, How-To's, and Tips

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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.

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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.

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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.

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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.