Search the lowest-cost Apartments available for rent right now in the Biotech and MCV District area of Richmond.
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.
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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.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Biotech and MCV District Studio Apartments | $1,387 | $964 | $2,454 |
| Biotech and MCV District 1 Bedroom Apartments | $1,529 | $856 | $3,505 |
| Biotech and MCV District 2 Bedroom Apartments | $1,889 | $939 | $4,603 |
| Biotech and MCV District 3 Bedroom Apartments | $2,167 | $810 | $3,800 |
| Biotech and MCV District 4 Bedroom Apartments | $1,176 | $725 | $5,876 |
There are currently 127 rentals with your search options within a 2 mile radius of the Biotech and MCV District Neighborhood of Richmond, VA.
See all Apartments in RichmondThe cheapest available apartment rental in the Biotech and MCV District area of Richmond, VA is a 1 Bed unit found at Manchester Grand Apartments priced from $770. Creighton Renaissance Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $926. Here are the most affordable Biotech and MCV District apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Manchester Grand Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $770 |
| Creighton Renaissance Apartments | One Bedroom - D | 1BR,1BA | $926 |
| Highland Terrace Apartments | 2-Bedroom | 2BR,2BA | $946 |
| Eagle Mill Lofts | 2bed 2bth | 2BR,2BA | $950 |
| New Manchester Flats | The Everett | 3BR,2BA | $950 |
| American Tobacco Collection | SCenter-A4 | 1BR,1BA | $962 |
| Coliseum Lofts | E1 | Studio,1BA | $971 |
| The Hill Building | Studio | Studio,1BA | $995 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
As of June 20, 2026 the best value apartment in the Biotech and MCV District area is the $0.20 price per square foot 3 Beds, 2 Baths Model at 1318 W. Broad St. in the in the Near West neighborhood starting from $1,995. The second greatest value Biotech and MCV District apartment is the 2509 Seminary Ave Model at 2509 Seminary Ave, Unit # B starting at $1,395 with a $0.62 price per square foot in the Bellevue neighborhood. Here is today’s list of the best values for Biotech and MCV District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1318 W. Broad St. | 3 Beds, 2 Baths | 3BR,2BA | $0.20 |
| 2509 Seminary Ave, Unit # B | 2509 Seminary Ave | 2BR,1BA | $0.62 |
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.49 |
| Marshall Street Apartments | 2 Bedroom / 2 Bath - 914sqft | 2BR,2BA | $1.28 |
| Townsend Square | Townhomes starting at $1080.00- Now Accepting A... | 2BR,1BA | $0.94 |
| 200 Minor Street Quad | 3 Beds, 1 Baths | 3BR,1BA | $1.18 |
| Hatcher Tobacco Flats | 3X2 | 3BR,2BA | $1.17 |
| Glenwood Ridge Apartments | 2 bedroom | 2BR,2BA | $1.13 |
| City View Place | 2 Bedroom | 2BR,1BA | $1.18 |
| Belle Summit | Rainer | 2BR,2BA | $1.21 |
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.
Read ArticleLearn about the best neighborhoods for student renters near Richmond Colleges and Universities by our Local Expert Richard Corrigan
Read ArticleFrom 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.
Read ArticleThe 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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Write a ReviewAmong cities in Virginia for Apartment listings with Pet Friendly Amenities.
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Biotech and MCV District, Richmond, and the greater Richmond area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, pet-friendly features, places that make kids happy, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Biotech and MCV District is under $998.
The cheapest apartment in Biotech and MCV District is Manchester Grand Apartments which is listed at $770, while the average apartment in Biotech and MCV District costs $2,100.
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 237 regular apartments in Biotech and MCV District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Biotech and MCV District have an average cost of $506 which is $1,594 cheaper than the average rent for all rentals in Biotech and MCV District.
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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