
Apartments for Rent in Richmond, VA Under $1,500 (533 Rentals)


The Westover

Audubon Village Apartments

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The Crossings at Short Pump

The Orleans

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Shiplock Views

Lava Lofts

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2509 Seminary Ave, Unit # B, Unit # B

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Circ Apartments

The Summit at Scotts Addition
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.

Willow Oaks Apartments

Wilde Lake Apartments

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Wellesley Terrace At Short Pump

Cooper Lofts

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Marcella at Gateway

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East 51 At Rocketts Landing

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Scotts Edge

Soda Flats

Terraces at Manchester

1510 W. Broad Street
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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1619 N 28th St

210 E Grace St

Reserve South

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Model Tobacco Lofts

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Ashley Park

Georgetown

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Penstock Quarter Apartments

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The Carousel

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Chesterfield Village

Reflections of West Creek
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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Wellsmith Apartments

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London Towne

Broadway Apartments

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One Canal Apartments

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Ashton Square Apartments

First National Apartments

Main2525

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River Vista Apartments

Cloverleaf Lake Townhouse Apartments

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Cross Creek Apartments
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 Village at Horsepen

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Foxchase Brandywine

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River’s Edge at Manchester

Villages at West Laurel

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Hydro

Tapestry West

Millspring Commons Apartments and Townhomes

Landmark at Patterson

The Point at Beaufont

The 1805
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.
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 Under $1500 | $1,454 | $595 | $4,872 |
| Richmond 1 Bedroom Apartments Under $1500 | $1,618 | $566 | $5,810 |
| Richmond 2 Bedroom Apartments Under $1500 | $1,916 | $781 | $8,916 |
| Richmond 3 Bedroom Apartments Under $1500 | $2,118 | $810 | $3,877 |
| Richmond 4 Bedroom Apartments Under $1500 | $1,162 | $729 | $3,680 |
Browse Top Apartments in Richmond
See all Apartments in RichmondExplore Richmond

Richmond, VA Local Guide
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleThe 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
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Richmond, VA Rentals by Map
See the most popular apartments and homes in Richmond, VA
Richmond, VA Area Reviews
Robin
February 25, 2025All my life
Frequently Asked Questions about Richmond
How much are Studio apartments in Richmond?
There are currently 355 Studio Apartments in Richmond with rent ranges from $595 to $4,872 with an average price of $1,454.
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 $5,810 with an average monthly rent of $1,618.
What does renting a Two Bedroom Apartment in Richmond cost?
The monthly rent prices of Two Bedroom Apartments currently available in Richmond range from $781 to $8,916. Today's average rental price for Two Bedrooms here is $1,916.
How expensive are Richmond Three Bedroom Apartments?
There are currently 407 Three Bedroom Apartments listings available in Richmond on ApartmentHomeLiving.com. The pricing ranges from $810 to $3,877 - averaging $2,118 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

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.

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.

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

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.

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.

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.

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.