Cheap Apartments for Rent in the Belle and Mayo Islands Neighborhood of Richmond, VA from $500 (171 Rentals)

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

property at 1017 W Leigh St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available Now

1017 W Leigh St

RichmondVA23220
property at 1019 W Leigh St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available Now

1019 W Leigh St

RichmondVA23220
property at 1917 Lakeview Ave

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

1917 Lakeview Ave

RichmondVA23220

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.

property at 927 N 20th St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Home for Rent

Available Now

927 N 20th St

RichmondVA23223
property at 22 S Robinson St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Now

22 S Robinson St

RichmondVA23220

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Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA

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property at 2915 Hull Street Rd

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Home for Rent

Available Now

2915 Hull Street Rd

RichmondVA23224
property at 1209 Wallace St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 To 3 Bedroom Rentals

Available Now

1209 Wallace St

RichmondVA23220

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Hydro
$1,185 - $3,275
Total Monthly Price

Total Monthly Price

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$1,185 - $3,275

Total Monthly Price
$1,185 - $3,275
Studio to 2 Bedroom Apartments Available Now

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101 Manchester RdRichmond, VA 23224
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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.

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 1 Bed unit found at American Tobacco Center priced from $928. 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
American Tobacco CenterATC-A61BR,1BA$928
Hatcher Tobacco Flats1X11BR,1BA$933
New Manchester FlatsThe Everett3BR,2BA$950
Mortons Apartments1BR/1.0BA1BR,1BA$995
Van de VyverThe ReserveStudio,1BA$998
Eagle Mill Lofts1 bed 1bth1BR,1BA$1,000
Jefferson Townhouses1X11BR,1BA$1,000
Hopper LoftsA11BR,1BA$1,012

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

As of March 16, 2026 the best value apartment in the Belle and Mayo Islands area is the $0.54 price per square foot 4x2 - Priced Per Bedroom Model at Marshall Park in the in the Downtown Richmond neighborhood starting from $800. The second greatest value Belle and Mayo Islands apartment is the Canal 236 1 Bed Model at Lofts and Upper Lofts at Canal Walk - Canal I and Canal II starting at $1,271 with a $0.98 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.
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.54
Lofts and Upper Lofts at Canal Walk - Canal I and Canal IICanal 236 1 Bed1BR,1BA$0.98
110 E Cary St2 Beds 1 Bath2BR,1BA$1.26
Trolley Lofts2 Bedroom / 2 Bath - 700sqft2BR,2BA$1.20
The Gardens at ManchesterTwo Bedroom Two Bath Large Premier2BR,2BA$1.23
Lofts and Upper Lofts at Canal Walk IIIOne Bedroom1BR,1BA$1.29
Marshall Street Apartments1 Bedroom / 1 Bath - 632sqft1BR,1BA$1.23
City View Place2 Bedroom Unit2BR,1.5BA$1.18
Tobacco LandingTwo Bedroom2BR,2BA$1.14
Belle SummitRainer2BR,2BA$1.21

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 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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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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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 $1,012.

What is the price of a cheap apartment in Belle and Mayo Islands?

The cheapest apartment in Belle and Mayo Islands is American Tobacco Center which is listed at $928, while the average apartment in Belle and Mayo Islands costs $2,340.

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 220 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 $507 which is $1,833 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

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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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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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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.

Articles, How-To's, and Tips

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.