New Apartments for Rent in Richmond, VA Under $1,500 (116 Rentals) Page 2 of 3

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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.

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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2416 Jefferson Ave
Built in 20221 to 2 Bedroom Apartments

2416 Jefferson Ave

2416 Jefferson AveRichmond, VA 23223
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Village at West Lake
Built in 20171 to 3 Bedroom Apartments

Village at West Lake

1500 German School RdRichmond, VA 23225
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Eclipse Apartments
Built in 20171 to 2 Bedroom Apartments

Eclipse Apartments

1527 W Main StRichmond, VA 23220
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Fording Flats
Built in 20191 to 3 Bedroom Apartments

Fording Flats

2213 E Franklin StRichmond, VA 23223
  • Utilities Included
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Centennial Apartments
Built in 20161 to 2 Bedroom Apartments

Centennial Apartments

523 E Main StRichmond, VA 23219
  • Utilities Included
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1523 W Cary St
Built in 2024Studio to 1 Bedroom Apartments

1523 W Cary St

1523 W Cary StRichmond, VA 23220
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18th Street Lofts
Built in 20221 to 2 Bedroom Apartments

18th Street Lofts

1711 E Main StRichmond, VA 23223
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The Riviera on Semmes
Built in 2020Studio to 4 Bedroom Apartments

The Riviera on Semmes

1412 Semmes AveRichmond, VA 23224
  • 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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121 W Broad St
Built in 20251 to 2 Bedroom Apartments

121 W Broad St

123 W Broad StRichmond, VA 23220
  • Utilities Included
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Building A
Built in 2019Studio to 3 Bedroom Apartments

Building A

609 Hull StRichmond, VA 23224
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Argon Apartments
Built in 20161 to 3 Bedroom Apartments

Argon Apartments

3805 Cutshaw AveRichmond, VA 23230
  • Utilities Included
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The Box
Built in 20231 to 2 Bedroom Apartments

The Box

501-511 Decatur StRichmond, VA 23224
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403 Stockton St
Built in 20161 to 3 Bedroom Apartments

403 Stockton St

403 Stockton StRichmond, VA 23224
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Century Flats
Built in 20181 to 2 Bedroom Apartments

Century Flats

1004 N Thompson StRichmond, VA 23230
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310 W 31st
Built in 20241 to 3 Bedroom Apartments

310 W 31st

310 W 31st StreetRichmond, VA 23225
  • Utilities Included
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Hill Standard
Built in 20201 to 2 Bedroom Apartments

Hill Standard

4910-4930 Forest Hill AveRichmond, VA 23225
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The Villas at Midview
Built in 20181 to 3 Bedroom Apartments

The Villas at Midview

6416 Oak Front CtRichmond, VA 23231
  • Utilities Included
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Osprey Lofts
Built in 20161 to 3 Bedroom Apartments

Osprey Lofts

3210 W Leigh StRichmond, VA 23230
  • Utilities Included
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10 Walnut Alley
Built in 20221 to 2 Bedroom Apartments

10 Walnut Alley

10 Walnut AlyRichmond, VA 23223
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CT Russell Apartments
Built in 20252 Bedroom Apartments

CT Russell Apartments

700-702 N 2nd StRichmond, VA 23219
  • Utilities Included
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Port RVA
Built in 2015Studio to 2 Bedroom Apartments

Port RVA

500 Hull StRichmond, VA 23224
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NOON Hioaks
Built in 20241 to 3 Bedroom Apartments

NOON Hioaks

475 Hioaks RdRichmond, VA 23225
  • Utilities Included
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Victory Apartments
Built in 20221 to 2 Bedroom Apartments

Victory Apartments

407 S Cherry StRichmond, VA 23220
  • Utilities Included
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27th Townhomes
Built in 20252 Bedroom Apartments

27th Townhomes

10 W 27th StRichmond, VA 23225
  • Utilities Included
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The Parkwood
Built in 2018Studio to 2 Bedroom Apartments

The Parkwood

3003 Parkwood AveRichmond, VA 23221
  • Utilities Included
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408-410 Dobson St
Built in 20152 Bedroom Apartments

408-410 Dobson St

408-410 Dobson StRichmond, VA 23220

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

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 Ascend RVA Student Living listed at $850.

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

The average rent for a New Apartment in Richmond is $2,083.

What is the largest New Richmond Apartment for rent?

Today's New apartment with the most square footage in Richmond is a 3,045 square feet unit starting from $3,978 at The Abby on Stuart.

What is the average size for Richmond New Apartments for rent?

The average size for a New rental in Richmond is currently at 629 sq ft.

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.

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

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.