Cheap Apartments for Rent in the Capitol District Richmond, VA from $500 (174 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Capitol District area of Richmond.

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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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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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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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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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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Capitol District, Richmond, VA Local Guide

Cheapest Available Capitol District Apartments for Rent

 

The cheapest available apartment rental in the Capitol District area of Richmond, VA is a 4 Beds unit found at Liberty Circle Apartments priced from $820. Hatcher Tobacco Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $933. Here are the most affordable Capitol District apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Liberty Circle ApartmentsTHE HIGHLAND FLOOR PLAN - BEDROOM II4BR,2BA$820
Hatcher Tobacco Flats1X11BR,1BA$933
Creighton Renaissance ApartmentsOne Bedroom - B1BR,1BA$981
The Masonry ApartmentsMasonry BF-A11BR,1BA$995
Van de VyverThe ReserveStudio,1BA$998
New Manchester FlatsThe James1BR,1BA$999
Eagle Mill Lofts1 bed 1bth1BR,1BA$1,000
Jefferson Townhouses1X11BR,1BA$1,000
Attain ShockoeElmwood1BR,1BA$1,010

Best Value Apartments for Rent in Capitol District, VA

As of November 10, 2025 the best value apartment in the Capitol District area is the $1.28 price per square foot The Overbrook Model at The Westbrook Townhomes at Brewers Row in the in the Bellevue neighborhood starting from $3,519. The second greatest value Capitol District apartment is the Canal 236 2 Beds Model at Lofts and Upper Lofts at Canal Walk starting at $1,620 with a $1.25 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Westbrook Townhomes at Brewers RowThe Overbrook3BR,2.5BA$1.28
Lofts and Upper Lofts at Canal WalkCanal 236 2 BedsStudio ,1BA$1.25
Townsend SquareTownhomes starting at $1050.00- Now Accepting A...2BR,1BA$0.91
Marshall Street Apartments1BR/1.0BA1BR,1BA$1.25
City View Place2 Bedroom Unit2BR,1.5BA$1.18
Belle SummitRainer2BR,2BA$1.21
Mallard GreensTWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH...2BR,1BA$1.33
The Gardens at ManchesterHome So Good, It’s Scary: No tricks, just treat...2BR,1BA$1.40
Hatcher Tobacco Flats1X11BR,1BA$1.41
1527 Mechanicsville Tpke, Unit 11527 Mechanicsville Tpke1BR,1BA$1.17

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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 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.

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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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Quick 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.

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Pet Friendly Lifestyle
Capitol District, Richmond, VA

Ranked #4

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

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!

Getting Around the Capitol District Neighborhood in Richmond, VA

Walk Score®

90 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

77 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

64 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Capitol District Apartments

What is the Cheapest Studio apartment in Capitol District?

Currently the most affordable Cheap Studio Apartment in Capitol District is at Van de Vyver listed at $998.

How much is rent for a Cheap One Bedroom Capitol District Apartment?

The lowest price for a Cheap One Bedroom Capitol District Apartment is $933 at Hatcher Tobacco Flats.

What is the lowest price for a Cheap Two Bedroom Capitol District Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Capitol District is starting from $1,020 at Belle Summit.

What is the most affordable Capitol District Three Bedroom Apartment?

The best deal on a cheap Capitol District Three Bedroom Apartment rental is at City View Place and starts from $1,244.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.