
Cheap Apartments for Rent in the Broad Street Commercial Neighborhood of Richmond, VA from $500 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in the Broad Street Commercial area of Richmond.


1705 Lamb Ave

1 S 5th St

Eagle Mill Lofts

1019 W Leigh St

Total Monthly Price
The Masonry Apartments

Van de Vyver

Total Monthly Price
1130 W Grace St

Atrium on Broad Apartments
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.

District Square Apartments

The Berkshire

Total Monthly Price
Coliseum Lofts

Residences at the John Marshall

Flats at 14th

Grace & Monroe Apartments

Total Monthly Price
The Shockoe Collection

Total Monthly Price
The Collection at American Tobacco Center

Mortons Apartments
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.

210 E Grace St

Shockoe Hill Senior Apartments 62 plus*

Goshen Street

The Planet Apartments

The Richmond Dairy Apartments

Richmond Arts

Market Slip

101 Poe St

Jernigin Hall
Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA
Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.

Tracks at the Masonry

Cornish Brewery Apartments

The Rosa

416 E. Grace Street

701 Saint James Street Apartments

12 E Main St

501-503 E Main St

Eagle Mill Towers

Linden Tower
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.

The Foundry Apartments

Market Villas

The Stables

1 West Cary

Old Stone Row

Lofts and Upper Lofts at Canal Walk - Canal I and Canal II

Lofts and Upper Lofts at Canal Walk III

T and E Apartments

Shockoe Collection
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.

408-410 Dobson St

Eagle Mill Apartments

Pine Court II

Pine Court I
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 | $1,230 | $850 | $1,635 |
| Broad Street Commercial 1 Bedroom Apartments | $1,488 | $995 | $2,300 |
| Broad Street Commercial 2 Bedroom Apartments | $1,793 | $879 | $3,215 |
| Broad Street Commercial 3 Bedroom Apartments | $1,892 | $759 | $3,800 |
| Broad Street Commercial 4 Bedroom Apartments | $1,034 | $669 | $1,265 |
Browse Apartments in this Neighborhood
There are currently 49 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 Studio unit found at Towers on Franklin priced from $850. The Masonry Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Broad Street Commercial apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Towers on Franklin | Harrison | Studio,1BA | $850 |
| The Masonry Apartments | Masonry TS-S1 | Studio,1BA | $995 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| Atrium on Broad Apartments | 1BR/1.0BA | 1BR,1BA | $1,025 |
| District Square Apartments | 1Bd15Ba674 | 1BR,1BA | $1,054 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
| Residences at the John Marshall | Studio | Studio,1BA | $1,070 |
| Flats at 14th | 0 Bedroom 1 Bath - 35312 | Studio,1BA | $1,081 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 Studio | Studio,1BA | $1,081 |
Best Value Apartments for Rent in Broad Street Commercial, VA
As of February 18, 2026 the best value apartment in the Broad Street Commercial area is the $1.41 price per square foot 3BR/3.0BA Model at Park Plaza @ Belvidere in the in the Downtown Richmond neighborhood starting from $2,905. The second greatest value Broad Street Commercial apartment is the Downtown Double Suite Model at The Berkshire starting at $2,680 with a $1.44 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 | 3BR/3.0BA | 3BR,3BA | $1.41 |
| The Berkshire | Downtown Double Suite | 2BR,2BA | $1.44 |
| Broadway Apartments | Two Bed Two Bath | 2BR,2BA | $1.22 |
| 10 Walnut Alley | 2 Bedroom 2 Bath - 30004 | 2BR,2BA | $1.32 |
| Raven Place | B1.1 | 2BR,2BA | $1.47 |
| Ascend RVA Student Living | 3X3 | 3BR,3BA | $1.03 |
| 209 E Main St | Unit 208A | 2BR,1BA | $1.36 |
| Mortons Apartments | 1BR/1.5BA | 1BR,1.5BA | $1.46 |
| The Watkins at Shockoe | The Watkins - Shiplock (One Bedroom) | 1BR,1BA | $1.49 |
| Shockoe Center | SCenter-A11 | 1BR,1BA | $1.49 |
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 Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
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 LifestyleBroad Street Commercial, Richmond, VA
Ranked #45
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 $1,081.
What is the price of a cheap apartment in Broad Street Commercial?
The cheapest apartment in Broad Street Commercial is Atrium on Broad Apartments which is listed at $1,025, while the average apartment in Broad Street Commercial costs $1,800.
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 104 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 $536 which is $1,264 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 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.
Articles, How-To's, and Tips

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.

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.

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.

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.