
Cheap Apartments for Rent in the Capitol District Richmond, VA from $550 (173 Rentals)
Search the lowest-cost Apartments available for rent right now in the Capitol District area of Richmond.


Total Monthly Price
Lofts and Upper Lofts at Canal Walk III

927 N 20th St

1927 Carrington St

1925 Carrington St

Total Monthly Price
1301 Idlewood Ave, Unit 1301

Total Monthly Price
Creighton Renaissance Apartments

City View Place

New Manchester Flats

Total Monthly Price
American Tobacco Collection
The Richmond Renter's Guide to Living Near Work
Get the inside scoop on Richmond's most livable neighborhoods and find the perfect apartment close to where you work. Our local expert breaks it all down by the city's top employers like VCU Health and Costar.

Total Monthly Price
T and E Apartments

The Edison

2104 Phaup St, Unit D

2605 5th Ave

Van de Vyver

Jefferson Townhouses

Mortons Apartments

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The Masonry Apartments

Flats at 25th

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Townsend Square
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

The Berkshire

Total Monthly Price
Smokehouse Lofts

1209 Hull Street- Dogtown

1318 W Broad St, Unit 404

302 Goshen St, Unit 106

14 S Plum St

Raven Place

1204 Hull Street- Bean Building

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209 E Main St

Mallard Greens
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.

The River Lofts at Tobacco Row

Glenwood Ridge Apartments

Eagle Mill Lofts

2002 Rosewood Ave

2400 Barton Ave

Miller Lofts @ Plant Zero

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Towers on Franklin

The Foundry Apartments

The Attain

Swansboro Place
Richmond’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

Forest Square Apartments

The Current

308 W Broad St

The Corner Lofts

Total Monthly Price
Spectrum Apartments

The Biggs Building

The Mirage Manchester

1318 W Broad St, Unit 208

1518 Porter St

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311 W. Franklin
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.
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 | $1,466 | $923 | $2,374 |
| Capitol District 1 Bedroom Apartments | $1,535 | $800 | $2,949 |
| Capitol District 2 Bedroom Apartments | $1,921 | $939 | $4,540 |
| Capitol District 3 Bedroom Apartments | $2,227 | $819 | $4,265 |
| Capitol District 4 Bedroom Apartments | $1,370 | $710 | $5,659 |
Browse Apartments in this Neighborhood
There are currently 173 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
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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 11 E Broad St priced from $749. Manchester Grand Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. Here are the most affordable Capitol District apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 11 E Broad St | 1 Beds, 1 Baths | 1BR,1BA | $749 |
| Manchester Grand Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $770 |
| Lofts and Upper Lofts at Canal Walk III | Studio | Studio,1BA | $900 |
| New Manchester Flats | The Everett | 3BR,2BA | $950 |
| American Tobacco Collection | Edge-A2 | 1BR,1BA | $977 |
| Creighton Renaissance Apartments | One Bedroom - B | 1BR,1BA | $981 |
| The Edison | Studio | 1BR,1BA | $995 |
| 1128 W. Grace St.* | 1BR/1.0BA | 1BR,1BA | $995 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
Best Value Apartments for Rent in Capitol District, VA
As of August 27, 2026 the best value apartment in the Capitol District area is the $0.59 price per square foot 2509 Seminary Ave Model at 2509 Seminary Ave, Unit # B in the in the Bellevue neighborhood starting from $1,325. The second greatest value Capitol District apartment is the 1301 Idlewood Ave Model at 1301 Idlewood Ave, Unit 1301 starting at $926 with a $0.58 price per square foot in the Near West 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 | $0.59 |
| 1301 Idlewood Ave, Unit 1301 | 1301 Idlewood Ave | 4BR,2BA | $0.58 |
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.48 |
| The Gardens at Manchester | Three Bedroom Two Bath Extra Large Premier | 3BR,2BA | $1.14 |
| Townsend Square | Townhomes starting at $1080.00- Now Accepting A... | 2BR,1BA | $0.94 |
| The James | JAMES-2 | 2BR,2BA | $0.89 |
| Marshall Street Apartments | 1 Bedroom / 1 Bath - 632sqft | 1BR,1BA | $1.25 |
| Glenwood Ridge Apartments | 2 bedroom | 2BR,2BA | $1.13 |
| City View Place | 2 Bedroom | 2BR,1BA | $1.18 |
| Belle Summit | Rainer | 2BR,2BA | $1.21 |
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 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 $998.
What is the price of a cheap apartment in Capitol District?
The cheapest apartment in Capitol District is 11 E Broad St which is listed at $749, while the average apartment in Capitol District costs $1,571.
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 235 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 $519 which is $1,052 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

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.

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 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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.