New Apartments for Rent in Richmond, VA Under $1,500 (111 Rentals)

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East 51 At Rocketts Landing
Rent Specials
$1,497 - $3,716

Total Monthly Price

Base Rent$1,497 - $3,716

Total Monthly Price$1,497 - $3,716
Built in 2018Studio to 3 Bedroom Apartments Available Now

East 51 At Rocketts Landing

5101 Old Main StRichmond, VA 23231
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Marcella at Gateway
Rent Specials
$1,489 - $2,189

Total Monthly Price

Base Rent$1,449 - $2,149
Required Monthly FeesVaries

Total Monthly PriceVaries
Built in 20231 to 2 Bedroom Apartments Available Now

Marcella at Gateway

542 Gateway Centre PkyRichmond, VA 23235
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Artisan Hill
Rent Specials
$1,486 - $2,096

Total Monthly Price

Base Rent$1,399 - $2,009
Required Monthly Fees$87

Total Monthly Price$1,486 - $2,096
12 Month Lease Term
Built in 20181 to 2 Bedroom Apartments Available Now

Artisan Hill

1021 Carlisle AveRichmond, VA 23231
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Cooper Lofts
Rent Specials
$1,459

Total Monthly Price

Base Rent$1,459

Total Monthly Price$1,459
Built in 20221 Bedroom Apartments Contact Us For Availability

Cooper Lofts

11 S 18th StRichmond, VA 23223
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Soda Flats
Rent Specials
$1,450 - $1,695

Total Monthly Price

Base Rent$1,450 - $1,695

Total Monthly Price$1,450 - $1,695
12 Month Lease Term
Built in 20241 to 2 Bedroom Apartments Available Now

Soda Flats

2820 W Broad StRichmond, VA 23230
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The Carousel
Rent Specials
$1,442 - $2,693

Total Monthly Price

Base Rent$1,442 - $2,693

Total Monthly Price$1,442 - $2,693
Built in 2025Studio to 2 Bedroom Apartments Available Now

The Carousel

2400 Grayland AveRichmond, VA 23220
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The Locks Tower
$1,435 - $5,145

Total Monthly Price

Base Rent$1,435 - $5,145

Total Monthly Price$1,435 - $5,145
Built in 20191 to 2 Bedroom Apartments Available Now

The Locks Tower

1001 E Byrd StRichmond, VA 23219
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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.

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Mutual on Main Apartments
$1,432 - $3,318

Total Monthly Price

Base Rent$1,417 - $3,303
Required Monthly FeesVaries

Total Monthly PriceVaries
Built in 2023Studio to 2 Bedroom Apartments Contact Us For Availability

Mutual on Main Apartments

909 E Main StRichmond, VA 23219
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One Canal Apartments
$1,431 - $1,646

Total Monthly Price

Base Rent$1,425 - $1,640
Required Monthly FeesVaries

Total Monthly PriceVaries
Built in 20221 to 2 Bedroom Apartments Available Now

One Canal Apartments

108 S 1st StRichmond, VA 23219
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Penstock Quarter Apartments
Rent Specials
$1,424 - $2,626

Total Monthly Price

Base Rent$1,391 - $2,593
Required Monthly FeesVaries

Total Monthly PriceVaries
Built in 2018Studio to 3 Bedroom Apartments Available Now

Penstock Quarter Apartments

5001 Libbie Mill East BlvdRichmond, VA 23230
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Shiplock Views
$1,401 - $2,151

Total Monthly Price

Base Rent$1,310 - $2,060
Required Monthly FeesVaries

Total Monthly PriceVaries
Built in 20211 to 2 Bedroom Apartments Available Now

Shiplock Views

2801 E Main StRichmond, VA 23223
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Terraces at Manchester
$1,400 - $4,265

Total Monthly Price

Base Rent$1,400 - $4,265

Total Monthly Price$1,400 - $4,265
Built in 20161 to 2 Bedroom Apartments Available Now

Terraces at Manchester

800 Semmes AveRichmond, VA 23224
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The 1805
Rent Specials
$1,399 - $2,205

Total Monthly Price

Base Rent$1,399 - $2,205

Total Monthly Price$1,399 - $2,205
Built in 2021Studio to 2 Bedroom Apartments Available Sep 26

The 1805

1805 Monument AveRichmond, VA 23220
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Main2525
Rent Specials
$1,395 - $1,895

Total Monthly Price

Base Rent$1,395 - $1,895

Total Monthly Price$1,395 - $1,895
Built in 20201 Bedroom Apartments Available Now

Main2525

2525 E Main StRichmond, VA 23223
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Alexander at 1090
$1,391 - $1,606

Total Monthly Price

Base Rent$1,391 - $1,606

Total Monthly Price$1,391 - $1,606
12 Month Lease Term
Built in 20202 to 3 Bedroom Apartments Available Now

Alexander at 1090

1090 German School RdRichmond, VA 23225
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The Navigator
Rent Specials
$1,386 - $2,576

Total Monthly Price

Base Rent$1,315 - $2,505
Required Monthly FeesVaries

Total Monthly PriceVaries
Built in 2024Studio to 2 Bedroom Apartments Available Now

The Navigator

103 E 2nd StRichmond, VA 23224
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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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The Cooperage
Rent Specials
$1,375 - $3,852

Total Monthly Price

Base Rent$1,375 - $3,852

Total Monthly Price$1,375 - $3,852
Built in 20171 to 2 Bedroom Apartments Available Now

The Cooperage

1650 Overbrook RdRichmond, VA 23220
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Model Tobacco Lofts
Rent Specials
$1,370 - $2,570

Total Monthly Price

Base Rent$1,370 - $2,570

Total Monthly Price$1,370 - $2,570
Built in 2022Studio to 3 Bedroom Apartments Available Now

Model Tobacco Lofts

1100 Richmond HwyRichmond, VA 23224
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Hydro
Rent Specials
$1,369 - $3,322

Total Monthly Price

Base Rent$1,369 - $3,322

Total Monthly Price$1,369 - $3,322
Built in 2022Studio to 2 Bedroom Apartments Available Now

Hydro

101 Manchester RdRichmond, VA 23224
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South Falls Tower
$1,356 - $4,204

Total Monthly Price

Base Rent$1,356 - $4,204

Total Monthly Price$1,356 - $4,204
Built in 2021Studio to 2 Bedroom Apartments Available Now

South Falls Tower

111 Hull StRichmond, VA 23224
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1710 Lofts
Rent Specials
$1,350 - $1,775

Total Monthly Price

Base Rent$1,350 - $1,775

Total Monthly Price$1,350 - $1,775
Built in 20251 to 2 Bedroom Apartments Available Now

1710 Lofts

1710 E Franklin StRichmond, VA 23223
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The Jamestown
Rent Specials
$1,349 - $3,997

Total Monthly Price

Base Rent$1,349 - $3,997

Total Monthly Price$1,349 - $3,997
Built in 2021Studio to 3 Bedroom Apartments Available Now

The Jamestown

500 W 14th StRichmond, VA 23224
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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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Deco at CNB
$1,336 - $2,104

Total Monthly Price

Base Rent$1,330 - $2,098
Required Monthly FeesVaries

Total Monthly PriceVaries
Built in 2016Studio to 2 Bedroom Apartments Available Now

Deco at CNB

219 E Broad StRichmond, VA 23219
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Courtyard Lofts
$1,315 - $2,615

Total Monthly Price

Base Rent$1,315 - $2,615

Total Monthly Price$1,315 - $2,615
18 Month Lease Term
Built in 2016Studio to 3 Bedroom Apartments Available Oct 8

Courtyard Lofts

3200 W Clay StRichmond, VA 23230
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Residences at Richmond Trust
Rent Specials
$1,312 - $2,171

Total Monthly Price

Base Rent$1,306 - $2,165
Required Monthly FeesVaries

Total Monthly PriceVaries
Built in 2022Studio to 2 Bedroom Apartments Available Now

Residences at Richmond Trust

629 E Main StRichmond, VA 23219
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Centennial Terrace
Rent Specials
$1,299 - $1,496

Total Monthly Price

Base Rent$1,299 - $1,496

Total Monthly Price$1,299 - $1,496
Built in 2021Studio to 1 Bedroom Apartments Available Now

Centennial Terrace

507 E Main StRichmond, VA 23219
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The Cove Apartments
$1,295 - $1,595

Total Monthly Price

Base Rent$1,295 - $1,595

Total Monthly Price$1,295 - $1,595
Built in 2023Studio to 1 Bedroom Apartments Available Now

The Cove Apartments

512 Hull StRichmond, VA 23224
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City View Lofts
Rent Specials
$1,275 - $1,765

Total Monthly Price

Base Rent$1,275 - $1,765

Total Monthly Price$1,275 - $1,765
Built in 20161 to 2 Bedroom Apartments Available Now

City View Lofts

411-611 Bainbridge StRichmond, VA 23224
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Sphere
$1,264 - $3,188

Total Monthly Price

Base Rent$1,264 - $3,188

Total Monthly Price$1,264 - $3,188
Built in 2023Studio to 2 Bedroom Apartments Available Now

Sphere

2005 Brook RdRichmond, VA 23220
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Cabin Creek Apartments
$1,238 - $1,850

Total Monthly Price

Base Rent$1,238 - $1,850

Total Monthly Price$1,238 - $1,850
12 Month Lease Term
Built in 20181 to 3 Bedroom Apartments Available Now

Cabin Creek Apartments

1233 Gaskins RdRichmond, VA 23238
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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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Railyard Flats
Rent Specials
$1,211 - $1,675

Total Monthly Price

Base Rent$1,211 - $1,675

Total Monthly Price$1,211 - $1,675
Built in 20251 to 2 Bedroom Apartments Available Now

Railyard Flats

104 E 2nd StRichmond, VA 23224
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The Oliver
$1,203 - $1,435

Total Monthly Price

Base Rent$1,203 - $1,435

Total Monthly Price$1,203 - $1,435
12 Month Lease Term
Built in 20191 to 2 Bedroom Apartments Available Now

The Oliver

908 Oliver Hill WayRichmond, VA 23219
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The Concord Northside
$1,196

Total Monthly Price

Base Rent$1,196

Total Monthly Price$1,196
12 Month Lease Term
Built in 20211 Bedroom Apartments Available Oct 6

The Concord Northside

710 W Fells StRichmond, VA 23222
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700 West 44
$1,151 - $1,602

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
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The Current
$1,150 - $2,492

Total Monthly Price

Base Rent$1,150 - $2,492

Total Monthly Price$1,150 - $2,492
Built in 2021Studio to 2 Bedroom Apartments Available Now

The Current

400 Hull StRichmond, VA 23224
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Parc View at Commonwealth
Rent Specials
$1,150 - $2,300

Total Monthly Price

Base Rent$1,150 - $2,300

Total Monthly Price$1,150 - $2,300
11 Month Lease Term
Built in 20241 to 4 Bedroom Apartments Available Now

Parc View at Commonwealth

321 W Grace StRichmond, VA 23220
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Highland Terrace Apartments
Rent Specials
$1,140 - $2,102

Total Monthly Price

Base Rent$1,140 - $2,102

Total Monthly Price$1,140 - $2,102
12 Month Lease Term
Built in 20241 to 3 Bedroom Apartments Available Now

Highland Terrace Apartments

1224 E Brookland Park BlvdRichmond, VA 23222
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First Apartment Regrets: Real Renters Share What They'd Do Differently

Your first apartment comes with a learning curve nobody warns you about. Hear from real renters who've been there and get the advice they wish someone had given them on day one.

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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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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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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Remember the 3 Rules of Real Estate:
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 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 $2,124.

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 $2,662 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 640 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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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.

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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.

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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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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

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.