
Cheap Apartments for Rent in the Capitol District Richmond, VA from $500 (176 Rentals)
Search the lowest-cost Apartments available for rent right now in the Capitol District area of Richmond.


Total Monthly Price
Creighton Renaissance Apartments

Hopper Lofts

New Manchester Flats

Belle Summit

Total Monthly Price
American Tobacco Collection

The Attain

Eagle Mill Lofts

The Mezzo Lofts

Residences at the John Marshall
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.

Mortons Apartments

The Hill Building

2104 Phaup St, Unit D

1019 W Leigh St

1017 W Leigh St

Van de Vyver

Jefferson Townhouses

1411 Grove Avenue

The Foundry Apartments

Total Monthly Price
The Masonry 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

Flats at 25th

Total Monthly Price
Townsend Square

1106 West Franklin St

927 N 20th St

The Berkshire

Total Monthly Price
Towers on Franklin

Hampton Park Apartments

2112 Monteiro Ave, Unit 103, Unit 103

Flats at 14th
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.

The Edison

Total Monthly Price
Coliseum Lofts

River Lofts at Tobacco Row

Railyard Flats

1204 Hull Street- Bean Building

Glenwood Ridge Apartments

Southern Stove Lofts

2400 Barton Ave

Forest Square Apartments

Miller Lofts @ Plant Zero
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.

Capitol Lofts

Atrium on Broad

2915 Hull Street Rd

1209 Wallace St

1510 W. Broad Street

Iron House Apartments

Total Monthly Price
2000 Riverside Apartments

Monroe Park Towers

Spectrum Apartments

The Concord Northside
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.
Capitol District, Richmond, VA Local Guide

How much does it cost to rent an apartment in Capitol District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Capitol District Studio Apartments | $1,350 | $941 | $2,490 |
| Capitol District 1 Bedroom Apartments | $1,483 | $700 | $2,840 |
| Capitol District 2 Bedroom Apartments | $1,886 | $835 | $4,515 |
| Capitol District 3 Bedroom Apartments | $2,191 | $779 | $3,800 |
| Capitol District 4 Bedroom Apartments | $1,123 | $729 | $3,680 |
Browse Apartments in this Neighborhood
There are currently 176 rentals with your search options within a 2 mile radius of the Capitol District Neighborhood of Richmond, VA.
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Capitol District, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
- Nearby Cities
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Cheapest Available Capitol District Apartments for Rent
 The cheapest available apartment rental in the Capitol District area of Richmond, VA is a 1 Bed unit found at Creighton Renaissance Apartments priced from $770. New Manchester Flats has the second lowest priced unit, which is a 2 Beds apartment currently listed from $835. Here are the most affordable Capitol District apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Creighton Renaissance Apartments | One Bedroom - C | 1BR,1BA | $770 |
| New Manchester Flats | The Maury | 2BR,2BA | $835 |
| American Tobacco Collection | Dill-A1 | 1BR,1BA | $890 |
| Hatcher Tobacco Flats | 1X1 | 1BR,1BA | $933 |
| The Attain | Capitol | Studio,1BA | $944 |
| Eagle Mill Lofts | 2bed 2bth | 2BR,2BA | $950 |
| The Mezzo Lofts | Montage Gallery - Studios | Studio,1BA | $977 |
| Residences at the John Marshall | Studio | Studio,1BA | $992 |
| The Hill Building | Studio | Studio,1BA | $995 |
Best Value Apartments for Rent in Capitol District, VA
As of April 13, 2026 the best value apartment in the Capitol District area is the $0.66 price per square foot 2509 Seminary Ave Model at 2509 Seminary Ave, Unit # B in the in the Bellevue neighborhood starting from $1,475. The second greatest value Capitol District apartment is the 4x2 - Priced Per Bedroom Model at Marshall Park starting at $800 with a $0.54 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Capitol District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2509 Seminary Ave, Unit # B | 2509 Seminary Ave | 2BR,1BA | $0.66 |
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.54 |
| Townsend Square | Townhomes starting at $1050.00- Now Accepting A... | 2BR,1BA | $0.91 |
| Trolley Lofts | 2 Bedroom / 2 Bath - 700sqft | 2BR,2BA | $1.20 |
| The Gardens at Manchester | Two Bedroom Two Bath Large Premier | 2BR,2BA | $1.23 |
| Glenwood Ridge Apartments | 2 bedroom | 2BR,2BA | $1.13 |
| City View Place | 2 Bedroom Unit | 2BR,1.5BA | $1.18 |
| Tobacco Landing | Two Bedroom | 2BR,2BA | $1.14 |
| Belle Summit | Rainer | 2BR,2BA | $1.21 |
| 1527 Mechanicsville Tpke | 1527 Mechanicsville Tpke | 1BR,1BA | $1.17 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 LifestyleCapitol District, Richmond, VA
Ranked #3
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
This website works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Richmond. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, transit availability, pet-friendly communities, features that make it easier to raise kids, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Capitol District Apartments
What is a cheap apartment in Capitol District?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Capitol District is under $995.
What is the price of a cheap apartment in Capitol District?
The cheapest apartment in Capitol District is Creighton Renaissance Apartments which is listed at $770, while the average apartment in Capitol District costs $2,276.
What types of apartments are the cheapest in Capitol District?
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 220 regular apartments in Capitol District 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 Capitol District?
Cheap apartments in Capitol District have an average cost of $513 which is $1,763 cheaper than the average rent for all rentals in Capitol District.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.