Cheap Apartments for Rent in the Broad Street Commercial Neighborhood of Richmond, VA from $500 (60 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Broad Street Commercial area of Richmond.

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

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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Goshen Street
Studio to 3 Bedroom Apartments

Goshen Street

302 Goshen StRichmond, VA 23220
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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.

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Richmond Arts
1 Bedroom Apartments

Richmond Arts

115 N 1st StRichmond, VA 23219
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Shockoe Center
1 to 2 Bedroom Apartments

Shockoe Center

1900 E Franklin StRichmond, VA 23223
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101 Poe St
2 Bedroom Apartments

101 Poe St

101 Poe StRichmond, VA 23222
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Jernigin Hall
Studio to 1 Bedroom Apartments

Jernigin Hall

314 W Grace StRichmond, VA 23220
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Market Slip
1 to 2 Bedroom Apartments

Market Slip

2 S 17th StRichmond, VA 23219
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Richmond’s Best Affordable Neighborhoods

Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

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The Rosa
1 Bedroom Apartments

The Rosa

744 N 2nd StRichmond, VA 23219
Senior Living
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501-503 E Main St
1 Bedroom Apartments

501-503 E Main St

501-503 E Main StRichmond, VA 23219
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The Hill Building
1 to 2 Bedroom Apartments

The Hill Building

114 Virginia StRichmond, VA 23219
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Eagle Mill Towers
1 to 2 Bedroom Apartments

Eagle Mill Towers

1414 W Marshall StRichmond, VA 23220
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Shockoe Commons
1 to 2 Bedroom Apartments

Shockoe Commons

1209-1211 E Main StRichmond, VA 23223
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Linden Tower
1 to 2 Bedroom Apartments

Linden Tower

116 E Franklin StRichmond, VA 23219
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1 West Cary
1 Bedroom Apartments

1 West Cary

106 S Foushee StRichmond, VA 23220
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The Stables
1 Bedroom Apartments

The Stables

410 Hancock StRichmond, VA 23220
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Old Stone Row
1 to 2 Bedroom Apartments

Old Stone Row

2001 E Franklin StRichmond, VA 23223
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Navigating the Rental Market: Tips for First-Time Renters

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Broad Street Commercial, Richmond, VA Local Guide

Cheapest Available Broad Street Commercial Apartments for Rent

 

The cheapest available apartment rental in the Broad Street Commercial area of Richmond, VA is a Studio unit found at Towers on Franklin priced from $949. Eagle Mill Lofts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here are the most affordable Broad Street Commercial apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Towers on FranklinRodneyStudio,1BA$949
Eagle Mill Lofts2bed 1bth2BR,1BA$950
210 E Grace StStudioStudio,1BA$995
The Foundry ApartmentsOne Bedroom1BR,1BA$1,013
Coliseum LoftsE2.2Studio,1BA$1,049
Lofts and Upper Lofts at Canal WalkCanal 236 StudioStudio,1BA$1,056
Iron House Apartments1 Bedroom 1 Bathroom1BR,1BA$1,085
The Edison ApartmentsSXFStudio,1BA$1,095
District Square Apartments1Bd15Ba6791BR,1BA$1,110
The Corner Lofts - 1321 E. Main St.1BR/1.0BA1BR,1BA$1,122

Best Value Apartments for Rent in Broad Street Commercial, VA

As of June 18, 2025 the best value apartment in the Broad Street Commercial area is the $1.35 price per square foot 308 E Leigh St Model at 308 E Leigh St, Unit 1 in the in the Downtown Richmond neighborhood starting from $2,450. The second greatest value Broad Street Commercial apartment is the 4x2 - Priced Per Bedroom Model at Marshall Park starting at $750 with a $0.51 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 ListingModel NameBed/BathPrice Per Sq.Ft.
308 E Leigh St, Unit 1308 E Leigh St3BR,2BA$1.35
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.51
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.34
The Watkins at ShockoeJames Lofts2BR,2BA$1.75
Raven PlaceB1.12BR,2BA$1.47
Broadway ApartmentsTwo Bed One Bath2BR,1BA$1.69
The BerkshireHenry1BR,1BA$1.51
Revival Apartments1 Bedroom 1 Bath1BR,1BA$1.69
Iron House Apartments1 Bedroom 1 Bathroom1BR,1BA$1.64
The Foundry ApartmentsOne Bedroom1BR,1BA$1.61

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Broad Street Commercial, Richmond, VA

Ranked #39

Among neighborhoods in Richmond, VA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,122.

What is the price of a cheap apartment in Broad Street Commercial?

The cheapest apartment in Broad Street Commercial is The Foundry Apartments which is listed at $1,013, while the average apartment in Broad Street Commercial costs $2,211.

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 92 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 $406 which is $1,805 cheaper than the average rent for all rentals in Broad Street Commercial.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.