
Low Income Apartments for Rent in Richmond, VA Under $1,200 (31 Rentals)


Acclaim at Carriage Hill

The Mirage Manchester
Navigating the World of Low-Income Housing
A Comprehensive Guide to Understanding Low Income Renting

The Oliver

Miller Lofts @ Plant Zero

The Foundry Apartments

Richfield Place Apartments

Jefferson Townhouses

Brook Villas

Village at the Arbors
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.

The Grand Richmond at Brook Run

Alexander at 1090

The Park at Ridgedale

Van de Vyver

Grace & Monroe Apartments
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.

Urbana at Hioaks

Creekside Manor Apartments

Bellevue

Quarter Mill

Norcroft Townhomes-55 and older
Richmond’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

Highland Terrace Apartments

Venus At Manchester Apartments

Townhouses of White Oak

Lambert Landing II
Richmond, VA Local Guide

How much does it cost to rent an apartment in Richmond?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Richmond Studio Apartments | $1,379 | $715 | $5,156 |
Richmond 1 Bedroom Apartments | $1,640 | $629 | $7,053 |
Richmond 2 Bedroom Apartments | $1,962 | $799 | $10,000+ |
Richmond 3 Bedroom Apartments | $2,396 | $699 | $10,000+ |
Richmond 4 Bedroom Apartments | $1,375 | $599 | $7,250 |
Explore Richmond

Richmond, VA Local Guide
- Richmond Neighborhoods
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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.
Getting Around Richmond, VA
Walk Score®
59 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
26 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Richmond, VA Area Reviews
Robin
February 25, 2025All my life
Frequently Asked Questions about Low Income Richmond Apartments
What is the Cheapest Low Income apartment in Richmond?
Currently the most affordable Low Income Apartment in Richmond is at New Manchester Flats listed at $766.
How much is the average rent for a Low Income Richmond Apartment?
The average rent for a Low Income Apartment in Richmond is $1,292.
What is the largest Low Income Richmond Apartment for rent?
Today's Low Income apartment with the most square footage in Richmond is a 1,406 square feet unit starting from $1,685 at Creek's Edge at Stony Point.
What is the average size for Richmond Low Income Apartments for rent?
The average size for a Low Income rental in Richmond is currently at 650 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.