Top Rated Apartments for Rent in Richmond, VA Under $1,500 (65 Rentals)

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Apartments in Richmond with the best features, newest construction, and richest amenities.

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Marcella at Gateway
Rent Specials
$1,489 - $2,189
Total Monthly Price

Total Monthly Price

Base Rent
$1,449 - $2,149
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Marcella at Gateway

542 Gateway Centre PkyRichmond, VA 23235
Family Friendly
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The Carousel
Rent Specials
$1,442 - $2,614
Total Monthly Price

Total Monthly Price

Base Rent
$1,442 - $2,614
Total Monthly Price
$1,442 - $2,614
Studio to 2 Bedroom Apartments Available Now

The Carousel

2400 Grayland AveRichmond, VA 23220
Family Friendly
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  • Low Income

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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One Canal Apartments
$1,431 - $1,646
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $1,640
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

One Canal Apartments

108 S 1st StRichmond, VA 23219
Student Housing
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Hydro
Rent Specials
$1,399 - $3,356
Total Monthly Price

Total Monthly Price

Base Rent
$1,399 - $3,356
Total Monthly Price
$1,399 - $3,356
Studio to 2 Bedroom Apartments Available Now

Hydro

101 Manchester RdRichmond, VA 23224
Active Lifestyle
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The Navigator
Rent Specials
$1,386 - $2,576
Total Monthly Price

Total Monthly Price

Base Rent
$1,315 - $2,505
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Navigator

103 E 2nd StRichmond, VA 23224
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South Falls Tower
$1,356 - $4,204
Total Monthly Price

Total Monthly Price

Base Rent
$1,356 - $4,204
Total Monthly Price
$1,356 - $4,204
Studio to 2 Bedroom Apartments Available Now

South Falls Tower

111 Hull StRichmond, VA 23224
Luxury
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The Locks
$1,356 - $3,528
Total Monthly Price

Total Monthly Price

Base Rent
$1,356 - $3,528
Total Monthly Price
$1,356 - $3,528
1 to 2 Bedroom Apartments Available Now

The Locks

311 S 11th StRichmond, VA 23219
Corporate Housing
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Sphere
Rent Specials
$1,340 - $3,466
Total Monthly Price

Total Monthly Price

Base Rent
$1,340 - $3,466
Total Monthly Price
$1,340 - $3,466
Studio to 2 Bedroom Apartments Available Now

Sphere

2005 Brook RdRichmond, VA 23220
Student Housing
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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.

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Deco at CNB
$1,336 - $2,104
Total Monthly Price

Total Monthly Price

Base Rent
$1,330 - $2,098
Required Monthly Fees
Varies
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Deco at CNB

219 E Broad StRichmond, VA 23219
Student Housing
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Meadow Creek Apartments
$1,210 - $1,510
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050 - $1,350
Required Monthly Fees
$160
Total Monthly Price
$1,210 - $1,510
1 to 2 Bedroom Apartments Contact Us For Availability

Meadow Creek Apartments

5316 Hull Street RdRichmond, 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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The Hub Apartments
Rent Specials
$1,294 - $2,390
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,199 - $2,295
Required Monthly Fees
$95
Total Monthly Price
$1,294 - $2,390
Studio to 2 Bedroom Apartments Available Now

The Hub Apartments

500 Maury StRichmond, VA 23224
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Argon
1 to 3 Bedroom Apartments

Argon

3805 Cutshaw AveRichmond, VA 23230
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The Box
1 to 2 Bedroom Apartments

The Box

501-511 Decatur StRichmond, VA 23224

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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2 E Broad St
1 to 2 Bedroom Apartments

2 E Broad St

2 E Broad StRichmond, VA 23219
  • Utilities Included
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Osprey Lofts
1 to 3 Bedroom Apartments

Osprey Lofts

3210 W Leigh StRichmond, VA 23230
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1318 W. Broad St.
1 to 3 Bedroom Apartments

1318 W. Broad St.

1318-1320 W Broad StRichmond, VA 23220
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Consolidated
1 to 2 Bedroom Apartments

Consolidated

2220-2222 E Cary StRichmond, VA 23223
  • Utilities Included
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The Faison Residence
1 to 3 Bedroom Apartments

The Faison Residence

5322 Markel RdRichmond, VA 23230
  • Utilities Included

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.

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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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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!

Explore Richmond, VA Rentals by Map

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See the most popular apartments and homes in Richmond, VA

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Richmond, VA Area Reviews

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Robin

February 25, 2025

All my life

Frequently Asked Questions about Richmond

How much are Studio apartments in Richmond?

There are currently 345 Studio Apartments in Richmond with rent ranges from $568 to $2,768 with an average price of $1,738.

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 $9,456 with an average monthly rent of $1,627.

What does renting a Two Bedroom Apartment in Richmond cost?

The monthly rent prices of Two Bedroom Apartments currently available in Richmond range from $568 to $14,875. Today's average rental price for Two Bedrooms here is $1,932.

How expensive are Richmond Three Bedroom Apartments?

There are currently 422 Three Bedroom Apartments listings available in Richmond on ApartmentHomeLiving.com. The pricing ranges from $819 to $14,624 - averaging $2,176 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

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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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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.

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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.