
Cheap Apartments for Rent in the Belle and Mayo Islands Neighborhood of Richmond, VA from $500 (169 Rentals)
Search the lowest-cost Apartments available for rent right now in the Belle and Mayo Islands area of Richmond.


Total Monthly Price
1527 Mechanicsville Tpke

Eagle Mill Lofts

Belle Summit

Total Monthly Price
1204 N 20th St, Unit Apt 2

Total Monthly Price
3809 McGuire Dr, Unit B, Unit B

New Manchester Flats

1106 West Franklin St

1017 W Leigh St

1019 W Leigh St
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

The Hill Building

Van de Vyver

Jefferson Townhouses

Norcroft Townhomes-55 and older

1411 Grove Avenue

Total Monthly Price
The Masonry Apartments

Total Monthly Price
American Tobacco Collection

Total Monthly Price
Towers on Franklin

Total Monthly Price
3615 Stockton St, Unit 4., Unit 4.

927 N 20th St
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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.

Park at Forest Hill

The Berkshire

Flats at 14th

District Square Apartments

Park Vue

421 W Grace St, Unit 203

The Mezzo Lofts

The Edison

Forest Hill

1123-25-27 West Grace Street
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.

Residences at the John Marshall

Total Monthly Price
Coliseum Lofts

River Lofts at Tobacco Row

The Attain

NOON Ingram

The Corner Lofts

Forest Square Apartments

Total Monthly Price
2000 Riverside Apartments

Miller Lofts @ Plant Zero

Total Monthly Price
The Mill at Manchester Lofts
Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA
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The Foundry Apartments

Grace & Monroe Apartments

Atrium on Broad Apartments

1209 Wallace St

Iron House Apartments

Monroe Park Towers Apartments

1100 Hull Street Apartments

The Oliver

The Mirage Manchester

The Biggs Building
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Belle and Mayo Islands, Richmond, VA Local Guide

How much does it cost to rent an apartment in Belle and Mayo Islands?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Belle and Mayo Islands Studio Apartments | $1,337 | $995 | $2,300 |
| Belle and Mayo Islands 1 Bedroom Apartments | $1,480 | $700 | $2,750 |
| Belle and Mayo Islands 2 Bedroom Apartments | $1,824 | $930 | $4,610 |
| Belle and Mayo Islands 3 Bedroom Apartments | $2,128 | $810 | $3,800 |
| Belle and Mayo Islands 4 Bedroom Apartments | $1,071 | $729 | $3,680 |
Browse Apartments in this Neighborhood
There are currently 169 rentals with your search options within a 2 mile radius of the Belle and Mayo Islands Neighborhood of Richmond, VA.
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Belle and Mayo Islands, Richmond, VA Local Guide
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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 1 Bed unit found at The Hudson priced from $215. Hatcher Tobacco Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $720. Here are the most affordable Belle and Mayo Islands apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Hudson | The Perry | 1BR,1BA | $215 |
| Hatcher Tobacco Flats | 1X1 | 1BR,1BA | $720 |
| Manchester Grand Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $770 |
| New Manchester Flats | The Everett | 3BR,2BA | $950 |
| Eagle Mill Lofts | 2bed 1bth | 2BR,1BA | $950 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| Dill Building | Dill-A1 | 1BR,1BA | $1,012 |
| Belle Summit | Rainer | 2BR,2BA | $1,020 |
| Market Villas | 1 Bedroom 1 Bath - 41287 | 1BR,1BA | $1,021 |
Best Value Apartments for Rent in Belle and Mayo Islands, VA
As of May 01, 2026 the best value apartment in the Belle and Mayo Islands area is the $0.51 price per square foot 4x2 - Priced Per Bedroom Model at Marshall Park in the in the Downtown Richmond neighborhood starting from $750. The second greatest value Belle and Mayo Islands apartment is the The Stockton Model at The Hudson starting at $1,503 with a $1.14 price per square foot in the Old South neighborhood. Here is today’s list of the best values for Belle and Mayo Islands apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.51 |
| The Hudson | The Stockton | 2BR,1BA | $1.14 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 1 Bed | 1BR,1BA | $0.96 |
| Trolley Lofts | 2 Bedroom / 2 Bath - 700sqft | 2BR,2BA | $1.18 |
| The Gardens at Manchester | Two Bedroom Two Bath Large Premier | 2BR,2BA | $1.23 |
| 27th Townhomes | 2 Bedroom 1 Bath - 46973 | 2BR,1BA | $1.26 |
| Hatcher Tobacco Flats | 2X2 | 2BR,2BA | $1.17 |
| Tobacco Landing | Two Bedroom | 2BR,2BA | $1.14 |
| Belle Summit | Rainer | 2BR,2BA | $1.21 |
| 1527 Mechanicsville Tpke | 1527 Mechanicsville Tpke | 1BR,1BA | $1.25 |
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Read ArticleThe 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 ArticleQuick 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.
Pet Friendly LifestyleBelle And Mayo Islands, Richmond, VA
Ranked #11
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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.
Frequently Asked Questions about Cheap Belle and Mayo Islands Apartments
What is a cheap apartment in Belle and Mayo Islands?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Belle and Mayo Islands is under $1,021.
What is the price of a cheap apartment in Belle and Mayo Islands?
The cheapest apartment in Belle and Mayo Islands is The Hudson which is listed at $215, while the average apartment in Belle and Mayo Islands costs $2,320.
What types of apartments are the cheapest in Belle and Mayo Islands?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 235 regular apartments in Belle and Mayo Islands that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Belle and Mayo Islands?
Cheap apartments in Belle and Mayo Islands have an average cost of $535 which is $1,785 cheaper than the average rent for all rentals in Belle and Mayo Islands.
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

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.

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.

Explore The River City Like a Local: The Insiders 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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.