Cheap Apartments for Rent in the Belle and Mayo Islands Neighborhood of Richmond, VA from $500 (158 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Belle and Mayo Islands area of Richmond.

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Belle and Mayo Islands, Richmond, VA Local Guide

Cheapest Available Belle and Mayo Islands Apartments for Rent

 

The cheapest available apartment rental in the Belle and Mayo Islands area of Richmond, VA is a 4 Beds unit found at Liberty Circle Apartments priced from $820. Hatcher Tobacco Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $933. Here are the most affordable Belle and Mayo Islands apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Liberty Circle ApartmentsTHE HIGHLAND FLOOR PLAN - BEDROOM II4BR,2BA$820
Hatcher Tobacco Flats1X11BR,1BA$933
Towers on FranklinRodneyStudio,1BA$949
The Masonry ApartmentsMasonry BF-A11BR,1BA$995
Van de VyverThe ReserveStudio,1BA$998
Dogtown Apartments1 Bedroom Standard1BR,1BA$999
New Manchester FlatsThe James1BR,1BA$999
Linden at Forest HillOne Bedroom - A1BR,1BA$1,000
Jefferson Townhouses1X11BR,1BA$1,000

Best Value Apartments for Rent in Belle and Mayo Islands, VA

As of October 24, 2025 the best value apartment in the Belle and Mayo Islands area is the $1.45 price per square foot Downtown Double Suite Model at The Berkshire in the in the Downtown Richmond neighborhood starting from $2,700. The second greatest value Belle and Mayo Islands apartment is the 715 W Clay St Model at 715 W Clay St, Unit B starting at $2,195 with a $1.20 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Belle and Mayo Islands apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The BerkshireDowntown Double Suite2BR,2BA$1.45
715 W Clay St, Unit B715 W Clay St3BR,2BA$1.20
Lofts and Upper Lofts at Canal WalkCanal 236 2 BedsStudio ,1BA$1.26
Venus At Manchester Apartments2 -Bedroom, 2-Bath2BR,2BA$1.02
27th Townhomes2 Bedroom 1 Bath - 190332BR,1BA$1.11
Marshall Street Apartments1BR/1.0BA1BR,1BA$1.25
City View Place2 Bedroom Unit2BR,1.5BA$1.18
Belle SummitRainer2BR,2BA$1.21
3809 McGuire Dr, Unit B3809 McGuire Dr2BR,1BA$1.31
Hatcher Tobacco Flats1X11BR,1BA$1.41

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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The 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.

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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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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.

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Pet Friendly Lifestyle
Belle And Mayo Islands, Richmond, VA

Ranked #10

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Belle And Mayo Islands, Richmond, VA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States, including Richmond. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, multifamily communities for the kids, and more. These search options are in the site filters at the top of this page.

Getting Around the Belle and Mayo Islands Neighborhood in Richmond, VA

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

60 / 100

Bikeable

Some bike infrastructure

Transit Score®

55 / 100

Good Transit

Many 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.

Frequently Asked Questions about Cheap Belle and Mayo Islands Apartments

What is the Cheapest Studio apartment in Belle and Mayo Islands?

Currently the most affordable Cheap Studio Apartment in Belle and Mayo Islands is at Towers on Franklin listed at $949.

How much is rent for a Cheap One Bedroom Belle and Mayo Islands Apartment?

The lowest price for a Cheap One Bedroom Belle and Mayo Islands Apartment is $933 at Hatcher Tobacco Flats.

What is the lowest price for a Cheap Two Bedroom Belle and Mayo Islands Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Belle and Mayo Islands is starting from $1,020 at Belle Summit.

What is the most affordable Belle and Mayo Islands Three Bedroom Apartment?

The best deal on a cheap Belle and Mayo Islands Three Bedroom Apartment rental is at City View Place and starts from $1,244.

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.

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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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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.

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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.