New Apartments for Rent in Richmond, VA Under $1,200 (35 Rentals)

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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
Built in 20261 to 3 Bedroom Apartments Available Now

700 West 44

4500 Bassett AveRichmond, VA 23225
Affordability
  • Verified
  • Low Income

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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Shockoe Creek Apartments
Built in 2019Studio to 3 Bedroom Apartments

Shockoe Creek Apartments

1407-1411 E Cary StRichmond, VA 23219
  • Utilities Included
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NOON Hioaks
Built in 20241 to 3 Bedroom Apartments

NOON Hioaks

475 Hioaks RdRichmond, VA 23225
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CT Russell Apartments
Built in 20252 Bedroom Apartments

CT Russell Apartments

700-702 N 2nd StRichmond, VA 23219
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The Jackson on Broad
Built in 2025Studio to 2 Bedroom Apartments

The Jackson on Broad

20-22 E Broad StRichmond, VA 23219
  • Utilities Included
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The Parkwood
Built in 2018Studio to 2 Bedroom Apartments

The Parkwood

3003 Parkwood AveRichmond, VA 23221
Student Housing
  • Utilities Included
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Victory Apartments
Built in 20221 to 2 Bedroom Apartments

Victory Apartments

407 S Cherry StRichmond, VA 23220
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1 West Cary
Built in 20181 to 2 Bedroom Apartments

1 West Cary

106 S Foushee StRichmond, VA 23220
  • Utilities Included

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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Market Villas
Built in 20251 to 3 Bedroom Apartments

Market Villas

15 N 18th StRichmond, VA 23223
  • Utilities Included
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Winchester Forest
Built in 20241 to 3 Bedroom Apartments

Winchester Forest

7310 Winchester Frst BlvdRichmond, VA 23237
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501-503 E Main St
Built in 20171 Bedroom Apartments

501-503 E Main St

501-503 E Main StRichmond, VA 23219
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Ascend Richmond
Built in 2022Studio to 4 Bedroom Apartments

Ascend Richmond

1600 W Broad StRichmond, VA 23220
Student Housing
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The Rosa
Built in 20201 Bedroom Apartments

The Rosa

744 N 2nd StRichmond, VA 23219
Senior Living

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 Planet Apartments
Built in 20231 to 3 Bedroom Apartments

The Planet Apartments

14 W Jackson StRichmond, VA 23220

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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Location, Location, Location!

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Robin

February 25, 2025

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Frequently Asked Questions about New Richmond Apartments

What is the Cheapest New apartment in Richmond?

Currently the most affordable New Apartment in Richmond is at Creighton Renaissance Apartments listed at $926.

How much is the average rent for a New Richmond Apartment?

The average rent for a New Apartment in Richmond is $2,129.

What is the largest New Richmond Apartment for rent?

Today's New apartment with the most square footage in Richmond is a 2,759 square feet unit starting from $2,995 at The Westbrook Townhomes at Brewers Row.

What is the average size for Richmond New Apartments for rent?

The average size for a New rental in Richmond is currently at 626 sq ft.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.