Top Rated Apartments for Rent in Richmond, VA Under $1,200 (30 Rentals)

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Apartments in Richmond with the best features, newest construction, and richest amenities.

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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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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The Faison Residence
1 Bedroom Apartments

The Faison Residence

5322 Markel RdRichmond, VA 23230
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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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Engine at The Masonry
1 to 2 Bedroom Apartments

Engine at The Masonry

2026 E Main StRichmond, VA 23223
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Terrace at the Masonry
1 to 3 Bedroom Apartments

Terrace at the Masonry

202 N 20th StRichmond, VA 23223
Property Rating
  • Utilities Included

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 Commons
1 to 2 Bedroom Apartments

Shockoe Commons

1209-1211 E Main StRichmond, VA 23223
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The Lofts at Shockoe Slip
Studio to 1 Bedroom Apartments

The Lofts at Shockoe Slip

1417-1423 E Cary StRichmond, VA 23219
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1200 SEMMES Apartments
Studio to 2 Bedroom Apartments

1200 SEMMES Apartments

1200 Semmes AveRichmond, VA 23224
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The Dill Building
1 to 2 Bedroom Apartments

The Dill Building

2020 E Franklin StRichmond, VA 23223
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Market Slip
1 to 2 Bedroom Apartments

Market Slip

2 S 17th StRichmond, VA 23219
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Showing Results 1-30, Page 1 of 1

Richmond, VA Local Guide

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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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

  • 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 150 Studio Apartments in Richmond with rent ranges from $629 to $4,949 with an average price of $2,265.

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 $629 to $7,876 with an average monthly rent of $1,647.

What does renting a Two Bedroom Apartment in Richmond cost?

The monthly rent prices of Two Bedroom Apartments currently available in Richmond range from $799 to $10,943. Today's average rental price for Two Bedrooms here is $1,953.

How expensive are Richmond Three Bedroom Apartments?

There are currently 332 Three Bedroom Apartments listings available in Richmond on ApartmentHomeLiving.com. The pricing ranges from $699 to $12,216 - averaging $2,392 for the location.

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.

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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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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.

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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.

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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.