
Apartments for Rent in Richmond, VA Under $1,500 (543 Rentals)


Cardinal Forest

Three Willows

The Summit at Scotts Addition

Cooper Lofts Apartments

Marcella at Gateway

INK at Scott's Collection

Hermitage Manor
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.

James River at Stony Point

Audubon Village Apartments

Artisan Hill

The Vinings Apartments

1 Scott's Addition

Millspring Commons Apartments and Townhomes

1901-1915 Whitcomb

The Crossings at Short Pump

First National Apartments
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.

MAA Chase Gayton

2000 West Creek Apartments

Otis

Trails at Short Pump Apartments

The Watkins at Shockoe

10510 Cadosia Rd, Unit 1

Linden at Parkside

Monroe Park Towers Apartments

One Canal 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.

Penstock Quarter Apartments

Georgetown

The Cooperage

Glenns at Millers Lane

River’s Edge at Manchester

Overlook at Brook Run I & II

Cigar Lofts

The Bend at 4800 Apartment Homes
Richmond’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

Copper Mill

The Gallery Midtown Apartments

Wellesley Terrace At Short Pump

Todd Lofts

Deco at CNB

The Westover

The Hudson

American Heritage Apartments
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 | $1,397 | $715 | $4,272 |
| Richmond 1 Bedroom Apartments Under $1500 | $1,622 | $671 | $10,000+ |
| Richmond 2 Bedroom Apartments Under $1500 | $1,859 | $781 | $5,364 |
| Richmond 3 Bedroom Apartments Under $1500 | $2,211 | $739 | $5,150 |
| Richmond 4 Bedroom Apartments Under $1500 | $1,646 | $649 | $6,090 |
Browse Top Apartments in Richmond
See all Apartments in RichmondExplore Richmond

Richmond, VA Local Guide
- Richmond Neighborhoods
- Nearby Cities
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- Local Counties
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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.
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 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.
Pet Friendly LifestyleRichmond, VA
Ranked #6
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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
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 Richmond
How much are Studio apartments in Richmond?
There are currently 354 Studio Apartments in Richmond with rent ranges from $715 to $4,272 with an average price of $1,397.
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 $11,515 with an average monthly rent of $1,622.
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 $5,364. Today's average rental price for Two Bedrooms here is $1,859.
How expensive are Richmond Three Bedroom Apartments?
There are currently 387 Three Bedroom Apartments listings available in Richmond on ApartmentHomeLiving.com. The pricing ranges from $739 to $5,150 - averaging $2,211 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.
Articles, How-To's, and Tips

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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!







