New Apartments for Rent in Richmond, VA Under $1,500 (109 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
close
View Me
Ainsworth
Rent Specials
$1,497 - $4,185
Total Monthly Price

Total Monthly Price

Base Rent
$1,396 - $4,084
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 20231 to 3 Bedroom Apartments Available Now

Ainsworth

9600 Beekman LnRichmond, VA 23228
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Penstock Quarter Apartments
Rent Specials
$1,488 - $3,856
Total Monthly Price

Total Monthly Price

Base Rent
$1,455 - $3,823
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 2018Studio to 3 Bedroom Apartments Available Now

Penstock Quarter Apartments

5001 Libbie Mill East BlvdRichmond, VA 23230
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Bexley West Creek
Rent Specials
$1,486 - $2,331
Total Monthly Price

Total Monthly Price

Base Rent
$1,454 - $2,299
Required Monthly Fees
$32
Total Monthly Price
$1,486 - $2,331
Built in 2022Studio to 2 Bedroom Apartments Available Now

Bexley West Creek

1000 Collective WayRichmond, VA 23238
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Cooperage
$1,483 - $3,836
Total Monthly Price

Total Monthly Price

Base Rent
$1,483 - $3,836
Total Monthly Price
$1,483 - $3,836
Built in 20171 to 2 Bedroom Apartments Available Aug 2

The Cooperage

1650 Overbrook RdRichmond, VA 23220
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

The Richmond Renter's Guide to Living Near Work

Get the inside scoop on Richmond's most livable neighborhoods and find the perfect apartment close to where you work. Our local expert breaks it all down by the city's top employers like VCU Health and Costar.

Read Article
close
View Me
Shiplock Views
Rent Specials
$1,476 - $2,311
Total Monthly Price

Total Monthly Price

Base Rent
$1,385 - $2,220
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 20211 to 2 Bedroom Apartments Available Now

Shiplock Views

2801 E Main StRichmond, VA 23223
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
East 51 At Rocketts Landing
Rent Specials
$1,471 - $3,705
Total Monthly Price

Total Monthly Price

Base Rent
$1,471 - $3,705
Total Monthly Price
$1,471 - $3,705
Built in 2018Studio to 3 Bedroom Apartments Available Now

East 51 At Rocketts Landing

5101 Old Main StRichmond, VA 23231
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
One Canal Apartments
$1,466 - $1,656
Total Monthly Price

Total Monthly Price

Base Rent
$1,460 - $1,650
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 20221 to 2 Bedroom Apartments Available Now

One Canal Apartments

108 S 1st StRichmond, VA 23219
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Marcella at Gateway
Rent Specials
$1,464 - $2,189
Total Monthly Price

Total Monthly Price

Base Rent
$1,424 - $2,149
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 20231 to 2 Bedroom Apartments Available Now

Marcella at Gateway

542 Gateway Centre PkyRichmond, VA 23235
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
1619 N 28th St
$1,450 - $2,400
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,450 - $2,400
Total Monthly Price
$1,450 - $2,400
Built in 20241 Bedroom Apartments Available Now

1619 N 28th St

1619 N 28th StRichmond, VA 23223
Furnished
  • Verified
  • Utilities Included
  • Smoke Free

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
close
View Me
South Falls Tower
$1,449 - $4,204
Total Monthly Price

Total Monthly Price

Base Rent
$1,449 - $4,204
Total Monthly Price
$1,449 - $4,204
Built in 2021Studio to 2 Bedroom Apartments Available Now

South Falls Tower

111 Hull StRichmond, VA 23224
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Model Tobacco Lofts
$1,445 - $2,675
Total Monthly Price

Total Monthly Price

Base Rent
$1,370 - $2,600
Required Monthly Fees
$75
Total Monthly Price
$1,445 - $2,675
Built in 2022Studio to 3 Bedroom Apartments Available Now

Model Tobacco Lofts

1100 Richmond HwyRichmond, VA 23224
55+ Active Adult
  • Verified
  • Customer Reviewed
close
View Me
The Carousel
Rent Specials
$1,442 - $2,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,442 - $2,650
Total Monthly Price
$1,442 - $2,650
Built in 2025Studio to 2 Bedroom Apartments Available Now

The Carousel

2400 Grayland AveRichmond, VA 23220
Family Friendly
  • Verified
  • Customer Reviewed
  • Low Income
close
View Me
Hydro
Rent Specials
$1,399 - $3,481
Total Monthly Price

Total Monthly Price

Base Rent
$1,399 - $3,481
Total Monthly Price
$1,399 - $3,481
Built in 2022Studio to 2 Bedroom Apartments Available Now

Hydro

101 Manchester RdRichmond, VA 23224
Active Lifestyle
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The 1805
Rent Specials
$1,399 - $2,130
Plus Fees
Built in 2021Studio to 2 Bedroom Apartments Available Aug 17

The 1805

1805 Monument AveRichmond, VA 23220
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Navigator
Rent Specials
$1,396 - $2,399
Total Monthly Price

Total Monthly Price

Base Rent
$1,325 - $2,328
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 2024Studio to 2 Bedroom Apartments Available Now

The Navigator

103 E 2nd StRichmond, VA 23224
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
Sphere
Rent Specials
$1,340 - $3,257
Total Monthly Price

Total Monthly Price

Base Rent
$1,340 - $3,257
Total Monthly Price
$1,340 - $3,257
Built in 2023Studio to 2 Bedroom Apartments Available Now

Sphere

2005 Brook RdRichmond, VA 23220
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Richmond’s Best Affordable Neighborhoods

Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

Read Article
close
View Me
Residences at Richmond Trust
Rent Specials
$1,272 - $2,129
Total Monthly Price

Total Monthly Price

Base Rent
$1,266 - $2,123
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 2022Studio to 2 Bedroom Apartments Available Now

Residences at Richmond Trust

629 E Main StRichmond, VA 23219
Transit Friendly
  • Verified
  • 3D Tour
  • Smoke Free
close
View Me
Deco at CNB
$1,269 - $2,104
Total Monthly Price

Total Monthly Price

Base Rent
$1,263 - $2,098
Required Monthly Fees
Varies
Total Monthly Price
Varies
Built in 2016Studio to 2 Bedroom Apartments Available Now

Deco at CNB

219 E Broad StRichmond, VA 23219
Student Housing
  • Verified
  • 3D Tour
close
View Me
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 Contact Us For Availability

700 West 44

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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
Showing Results 1-50, Page 1 of 3

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

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Richmond, VA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Richmond, VA

View Map
Richmond, VA Apartments Map
View Map
Richmond, VA Rental Homes Map

Richmond, VA Area Reviews

  • Cost of Living

Robin

February 25, 2025

All my life

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 Liberty Gardens listed at $566.

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

The average rent for a New Apartment in Richmond is $2,149.

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 $3,204 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 648 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

decorative image for Your Richmond Neighborhood Guide: Living Near the City's Top Employers article

Your Richmond Neighborhood Guide: Living Near the City's Top Employers

Written by: Richard Corrigan

Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.

decorative image for Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA article

Explore The River City Like a Local: The Insider's 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.

decorative image for Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters article

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.

decorative image for A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

A Local Expert's 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.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.