
Cheap Apartments for Rent in the Broad Street Commercial Neighborhood of Richmond, VA from $500 (167 Rentals)
Search the lowest-cost Apartments available for rent right now in the Broad Street Commercial area of Richmond.


Chesterfield Apartments

Total Monthly Price
American Tobacco Collection

Eagle Mill Lofts

3 N 18th St

Van de Vyver

Total Monthly Price
1130 W Grace St

Total Monthly Price
The Masonry Apartments

The Berkshire

Total Monthly Price
209 E Main St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

Grace & Monroe Apartments

The Foundry Apartments

Total Monthly Price
Towers on Franklin

Raven Place

The Edison

Monroe Park Towers Apartments

District Square Apartments

The Corner Lofts

The Oliver

The Concord Northside
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.

The Biggs Building

Total Monthly Price
17 W Main St, Unit 203

Capitol Lofts

Total Monthly Price
Franklin Street Apartments

1608 Brookfield St

1607 Brookfield St

Total Monthly Price
Smokehouse Lofts

Park Northside Apartments

Mortons Apartments

The Mezzo Lofts
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.

Flats at 14th

Total Monthly Price
Iron House Apartments

Cigar Lofts

Total Monthly Price
The Shockoe Collection

1610 Fendall Ave

1605 Hickory St

1414 W Marshall St, Unit 502

501 W Grace St, Unit B

1510 W. Broad Street

Total Monthly Price
Residences at Richmond Trust
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.

1731 E Main St

Total Monthly Price
The Trail Lofts

Total Monthly Price
Deco at CNB

417 Fritz St

The Hill Building

110 S 15th St, Unit 210

104 Poe St

12 W Clay St

1 West Cary Apartments

Centennial Terrace
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.
Broad Street Commercial, Richmond, VA Local Guide

How much does it cost to rent an apartment in Broad Street Commercial?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Broad Street Commercial Studio Apartments | $1,281 | $998 | $1,827 |
| Broad Street Commercial 1 Bedroom Apartments | $1,497 | $896 | $2,900 |
| Broad Street Commercial 2 Bedroom Apartments | $1,830 | $939 | $3,349 |
| Broad Street Commercial 3 Bedroom Apartments | $1,931 | $810 | $3,800 |
| Broad Street Commercial 4 Bedroom Apartments | $928 | $710 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 167 rentals with your search options within a 1 mile radius of the Broad Street Commercial Neighborhood of Richmond, VA.
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Broad Street Commercial, Richmond, VA Local Guide
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Cheapest Available Broad Street Commercial Apartments for Rent
 The cheapest available apartment rental in the Broad Street Commercial area of Richmond, VA is a 2 Beds unit found at Eagle Mill Lofts priced from $950. Van de Vyver has the second lowest priced unit, which is a Studio apartment currently listed from $998. Here are the most affordable Broad Street Commercial apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eagle Mill Lofts | 2bed 2bth | 2BR,2BA | $950 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| American Tobacco Collection | Dill-A4 | 1BR,1BA | $1,025 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 Studio | Studio,1BA | $1,054 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
| 209 E Main St | Unit 4,6,8 | 1BR,1BA | $1,100 |
| The Foundry Apartments | One Bedroom | 1BR,1BA | $1,135 |
| Raven Place | A.1 | 1BR,1BA | $1,149 |
| The Edison | Studio | Studio,1BA | $1,157 |
Best Value Apartments for Rent in Broad Street Commercial, VA
As of July 09, 2026 the best value apartment in the Broad Street Commercial area is the $1.44 price per square foot 2BR/2.0BA Model at Park Plaza @ Belvidere in the in the Downtown Richmond neighborhood starting from $2,014. The second greatest value Broad Street Commercial apartment is the 16 W Broad St Model at 16 W Broad St, Unit Apartment 1 starting at $1,900 with a $1.36 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Broad Street Commercial apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park Plaza @ Belvidere | 2BR/2.0BA | 2BR,2BA | $1.44 |
| 16 W Broad St, Unit Apartment 1 | 16 W Broad St | 3BR,2BA | $1.36 |
| Residences at the John Marshall | 2 Bed 2 Bath | 2BR,2BA | $1.59 |
| T and E Apartments | 3 Bed/2 Bath | 3BR,2BA | $1.57 |
| 200 Minor Street Quad | 3 Beds, 1 Baths | 3BR,1BA | $1.18 |
| 210 E Grace St | 2 Bed/2 Bath | 2BR,2BA | $1.35 |
| Miller and Rhoads Residences | 1 Bedroom | 1BR,1BA | $1.61 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1.32 |
| 1510 W. Broad Street | 1 Bedroom / 1 Bath - 599sqft | 1BR,1BA | $1.43 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 Studio | Studio ,1BA | $1.51 |
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.
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 ArticleReal 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.
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 LifestyleBroad Street Commercial, Richmond, VA
Ranked #41
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you 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 searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Broad Street Commercial Apartments
What is a cheap apartment in Broad Street Commercial?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Broad Street Commercial is under $1,157.
What is the price of a cheap apartment in Broad Street Commercial?
The cheapest apartment in Broad Street Commercial is American Tobacco Collection which is listed at $1,025, while the average apartment in Broad Street Commercial costs $1,895.
What types of apartments are the cheapest in Broad Street Commercial?
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 122 regular apartments in Broad Street Commercial 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 Broad Street Commercial?
Cheap apartments in Broad Street Commercial have an average cost of $551 which is $1,344 cheaper than the average rent for all rentals in Broad Street Commercial.
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 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.

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 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.

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.
Articles, How-To's, and Tips

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.