Cheap Homes for Rent in Capitol District Richmond, VA from $700 (32 Rentals)

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

property at 100 W Marshall St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

100 W Marshall St

RichmondVA23220

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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.

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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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.

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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

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. Towers on Franklin has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Capitol District apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Creighton Renaissance ApartmentsOne Bedroom - D1BR,1BA$770
Towers on FranklinHarrisonStudio,1BA$850
Hatcher Tobacco Flats1X11BR,1BA$933
The Masonry ApartmentsMasonry TS-S1Studio,1BA$995
Van de VyverThe ReserveStudio,1BA$998
New Manchester FlatsThe Decatur1BR,1BA$999
Jefferson Townhouses1X11BR,1BA$1,000
1619 N 28th St1 Bed 1 Bath - Furnished1BR,1BA$1,000
Belle SummitRainer2BR,2BA$1,020

Best Value Apartments for Rent in Capitol District, VA

As of February 19, 2026 the best value apartment in the Capitol District area is the $1.22 price per square foot Two Bed Two Bath Model at Broadway Apartments in the in the Downtown Richmond neighborhood starting from $1,663. The second greatest value Capitol District apartment is the 2 Bedroom 2 Bath - 30004 Model at 10 Walnut Alley starting at $1,655 with a $1.32 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.
Broadway ApartmentsTwo Bed Two Bath2BR,2BA$1.22
10 Walnut Alley2 Bedroom 2 Bath - 300042BR,2BA$1.32
City View Place3 Bedroom Unit3BR,2BA$1.03
110 E Cary St2 Beds 1 Bath2BR,1BA$1.35
Ascend RVA Student Living3X33BR,3BA$1.03
209 E Main StUnit 208A2BR,1BA$1.36
Lofts and Upper Lofts at Canal Walk IIIOne Bedroom1BR,1BA$1.24
27th Townhomes2 Bedroom 1 Bath - 258132BR,1BA$1.16
Belle SummitRainer2BR,2BA$1.21
Mallard GreensHome is Where The ?? Is...Now Leasing!!2BR,1BA$1.33

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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Pet Friendly Lifestyle
Capitol District, Richmond, VA

Ranked #3

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Capitol District

What type of rentals are currently available in Capitol District?

There are currently 782 Apartments for Rent in Capitol District, VA with pricing that ranges from $669 to $4,515. There are also 139 Single Family Homes for rent, Condos, and Townhome rentals currently available in Capitol District ranging from $750 to $5,000.

What is the current price range for Rental Homes in Capitol District?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Capitol District ranges from $750 to $5,000 with an average monthly rent of $2,384.

How much are larger Three and Four Bedroom Rentals in Capitol District?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Capitol District range from $759 to $3,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $4,950. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $669.

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 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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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 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

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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.

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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.

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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.

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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.