
Cheap Homes for Rent in Central Office Neighborhood of Richmond, VA from $1,300 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Office area of Richmond.


Total Monthly Price
525 E Grace St, Unit 205

Total Monthly Price
525 E Grace St, Unit 203

421 W Grace St, Unit 100

404 W Grace St, Unit 3
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.

Total Monthly Price
525 E Grace St, Unit 102

516 N 3rd St

800 W Cary St

1020 Porter St, Unit 104, Unit 104

1020 Porter St
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.

525 E Grace St, Unit 408

Total Monthly Price
525 E Grace St, Unit 401

219 S Cherry St, Unit 1B

505 W Grace St, Unit A

404 W Grace St, Unit 1
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.
Central Office, Richmond, VA Local Guide

How much does it cost to rent a home in Central Office?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Office 2 Bedroom Homes for Rent | $2,146 | $1,550 | $3,150 |
| Central Office 3 Bedroom Homes for Rent | $2,424 | $2,195 | $2,850 |
| Central Office 4 Bedroom Homes for Rent | $3,783 | $2,950 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 15 rentals with your search options within a 1 mile radius of the Central Office Neighborhood of Richmond, VA.
Explore Richmond
Central Office, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Central Office Apartments for Rent
 The cheapest available apartment rental in the Central Office area of Richmond, VA is a 1 Bed unit found at American Tobacco Collection priced from $890. Hatcher Tobacco Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $933. Here are the most affordable Central Office apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| American Tobacco Collection | Dill-A1 | 1BR,1BA | $890 |
| Hatcher Tobacco Flats | 1X1 | 1BR,1BA | $933 |
| The Attain | Capitol | Studio,1BA | $944 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $995 |
| The Hill Building | Studio | Studio,1BA | $995 |
Best Value Apartments for Rent in Central Office, VA
As of April 10, 2026 the best value apartment in the Central Office area is the $1.00 price per square foot Canal 236 1 Bed Model at Lofts and Upper Lofts at Canal Walk - Canal I and Canal II in the in the Downtown Richmond neighborhood starting from $1,296. The second greatest value Central Office apartment is the 2 Beds 1 Bath Model at 110 E Cary St starting at $1,500 with a $1.26 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Central Office apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 1 Bed | 1BR,1BA | $1.00 |
| 110 E Cary St | 2 Beds 1 Bath | 2BR,1BA | $1.26 |
| Broadway Apartments | Two Bed Two Bath | 2BR,2BA | $1.27 |
| 209 E Main St | Unit 208A | 2BR,1BA | $1.36 |
| Trolley Lofts | 2 Bedroom / 2 Bath - 700sqft | 2BR,2BA | $1.20 |
| 210 E Grace St | 2 Bed/2 Bath | 2BR,2BA | $1.35 |
| City View Place | 2 Bedroom Unit | 2BR,1.5BA | $1.18 |
| Belle Summit | Rainer | 2BR,2BA | $1.21 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1.29 |
| Hatcher Tobacco Flats | 1X1 | 1BR,1BA | $1.40 |
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 LifestyleCentral Office, Richmond, VA
Ranked #25
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Central Office
What type of rentals are currently available in Central Office?
There are currently 346 Apartments for Rent in Central Office, VA with pricing that ranges from $856 to $4,269. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Office ranging from $1,300 to $5,000.
What is the current price range for Rental Homes in Central Office?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Office ranges from $1,300 to $5,000 with an average monthly rent of $2,545.
How much are larger Three and Four Bedroom Rentals in Central Office?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Central Office range from $895 to $3,509, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $2,850. Four Bedroom Single-Family rentals are also available starting from $2,950 and Four Bedroom Apartments start at $1,150.
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.