Cheap Apartments for Rent in the Broad Street Commercial Neighborhood of Richmond, VA from $500 (167 Rentals)

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

property at 603 Chamberlayne Pky

$750

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Townhome for Rent

Available Now

603 Chamberlayne Pky

RichmondVA23220
property at 3 N 18th St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

Studio, 1 Bath Home for Rent

Available Now

3 N 18th St

RichmondVA23223
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The Masonry Apartments
Rent Specials
$1,016 - $1,861
Total Monthly Price

Total Monthly Price

Base Rent
$925 - $1,770
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Masonry Apartments

2001 E Franklin StRichmond, VA 23223
Student Housing
  • Verified
  • Customer Reviewed
  • Low Income
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209 E Main St
$1,100 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,700

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

209 E Main St

209 E Main StRichmond, VA 23219
Cost Per Sq.Ft.
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  • 3D Tour

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.

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Towers on Franklin
Rent Specials
$1,135 - $2,139
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$990 - $1,994
Required Monthly Fees
$145

Total Monthly Price
$1,135 - $2,139
Studio to 2 Bedroom Apartments Available Now

Towers on Franklin

104 W Franklin StRichmond, VA 23220
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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Franklin Street Apartments
Rent Specials
$1,195 - $1,495
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $1,495

Total Monthly Price
$1,195 - $1,495
Studio to 1 Bedroom Apartments Available Now

Franklin Street Apartments

311 W Franklin StRichmond, VA 23220
Student Housing
  • Verified
  • Utilities Included
  • Smoke Free
property at 1608 Brookfield St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Home for Rent

Available Now

1608 Brookfield St

RichmondVA23222
property at 1607 Brookfield St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Home for Rent

Available Now

1607 Brookfield St

RichmondVA23222
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Smokehouse Lofts
Rent Specials
$1,195
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195
1 Bedroom Apartments Available Now

Smokehouse Lofts

110-114 S 15th StRichmond, VA 23219
Transit Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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.

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Iron House Apartments
Rent Specials
$1,228 - $2,515
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,123 - $2,410
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Iron House Apartments

1309 W Broad StRichmond, VA 23220
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
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The Shockoe Collection
$1,249 - $2,549
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,099 - $2,399
Required Monthly Fees
$150

Total Monthly Price
$1,249 - $2,549
1 to 3 Bedroom Apartments Available Now

The Shockoe Collection

104 Shockoe SlipRichmond, VA 23219
Student Housing
  • Verified
property at 1610 Fendall Ave

$1,249

Total Monthly Price

Total Monthly Price

Base Rent
$1,249

Total Monthly Price
$1,249

2 Bedroom, 1 Bath Home for Rent

Available Now

1610 Fendall Ave

RichmondVA23222
property at 1605 Hickory St

$1,249

Total Monthly Price

Total Monthly Price

Base Rent
$1,249

Total Monthly Price
$1,249

2 Bedroom, 1 Bath Home for Rent

Available Now

1605 Hickory St

RichmondVA23222
property at 1414 W Marshall St

$1,250

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Jul 15

1414 W Marshall St, Unit 502

1414 W Marshall St
RichmondVA23220

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.

property at 1731 E Main St

$1,250 - $1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom Rentals

Available Now

1731 E Main St

RichmondVA23223
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The Trail Lofts
$1,253 - $2,863
Total Monthly Price

Total Monthly Price

Base Rent
$1,253 - $2,863

Total Monthly Price
$1,253 - $2,863
1 to 2 Bedroom Apartments Available Now

The Trail Lofts

12 S 17th StRichmond, VA 23219
Transit Friendly
  • Verified
  • Utilities Included
  • 3D Tour
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Deco at CNB
$1,269 - $2,104
Total Monthly Price

Total Monthly Price

Base Rent
$1,263 - $2,098
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Deco at CNB

219 E Broad StRichmond, VA 23219
Student Housing
  • Verified
  • 3D Tour
property at 417 Fritz St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Home for Rent

Available Now

417 Fritz St

RichmondVA23222
property at 104 Poe St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Home for Rent

Available Jul 27

104 Poe St

RichmondVA23222
property at 12 W Clay St

$1,295 - $2,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

1 To 2 Bedroom Rentals

Available Now

12 W Clay St

RichmondVA23220

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

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 ListingModel NameBed/BathPriced From
Eagle Mill Lofts2bed 2bth2BR,2BA$950
Van de VyverThe ReserveStudio,1BA$998
American Tobacco CollectionDill-A41BR,1BA$1,025
Lofts and Upper Lofts at Canal Walk - Canal I and Canal IICanal 236 StudioStudio,1BA$1,054
The Stables1 Bedroom 1 Bathroom1BR,1BA$1,055
209 E Main StUnit 4,6,81BR,1BA$1,100
The Foundry ApartmentsOne Bedroom1BR,1BA$1,135
Raven PlaceA.11BR,1BA$1,149
The EdisonStudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.44
16 W Broad St, Unit Apartment 116 W Broad St3BR,2BA$1.36
Residences at the John Marshall2 Bed 2 Bath2BR,2BA$1.59
T and E Apartments3 Bed/2 Bath3BR,2BA$1.57
200 Minor Street Quad3 Beds, 1 Baths3BR,1BA$1.18
210 E Grace St2 Bed/2 Bath2BR,2BA$1.35
Miller and Rhoads Residences1 Bedroom1BR,1BA$1.61
Mortons Apartments1BR/1.0BA1BR,1BA$1.32
1510 W. Broad Street1 Bedroom / 1 Bath - 599sqft1BR,1BA$1.43
Lofts and Upper Lofts at Canal Walk - Canal I and Canal IICanal 236 StudioStudio ,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.

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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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Real 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.

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Pet Friendly Lifestyle
Broad Street Commercial, Richmond, VA

Ranked #41

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 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

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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.

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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 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.

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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

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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.

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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.

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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.

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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.