Cheap Apartments for Rent in the Chestnut Hill Neighborhood of Richmond, VA from $500 (24 Rentals)

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

property at 1605 Hickory St

$1,249

Total Monthly Price

Total Monthly Price

Base Rent
$1,249

Total Monthly Price
$1,249

2 Bedroom, 1 Bath Home for Rent

Available Now

1605 Hickory St

RichmondVA23222

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property at 1610 Fendall Ave

$1,249

Total Monthly Price

Total Monthly Price

Base Rent
$1,249

Total Monthly Price
$1,249

2 Bedroom, 1 Bath Home for Rent

Available Now

1610 Fendall Ave

RichmondVA23222
property at 2420 Barton Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

2420 Barton Ave

RichmondVA23222
property at 3119 4th Ave

$1,275

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

2 Bedroom, 1 Bath Townhome for Rent

Available Now

3119 4th Ave

RichmondVA23222
property at 417 Fritz St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Home for Rent

Available Now

417 Fritz St

RichmondVA23222
property at 500 Pelham Dr

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1 Bath Home for Rent

Available Now

500 Pelham Dr

RichmondVA23222
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101 Poe St
2 Bedroom Apartments

101 Poe St

101 Poe StRichmond, VA 23222
  • Utilities Included

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The Rosa
1 Bedroom Apartments

The Rosa

744 N 2nd StRichmond, VA 23219
Senior Living
property at 2100 Phaup St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1 Bath Condo for Rent

Available May 15

2100 Phaup St

RichmondVA23223
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One West Jackson Apartments
Studio to 1 Bedroom Apartments

One West Jackson Apartments

1-27 W Jackson StRichmond, VA 23220
Student Housing
  • Utilities Included
property at 3303 Branch Ave

$1,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 1 Bath Townhome for Rent

Available Now

3303 Branch Ave

RichmondVA23222
property at 2929 Garland Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Condo for Rent

Available Now

2929 Garland Ave

RichmondVA23222
property at 3425 Carolina Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

3 Bedroom Rentals

Available Now

3425 Carolina Ave

RichmondVA23222

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Chestnut Hill, Richmond, VA Local Guide

Cheapest Available Chestnut Hill Apartments for Rent

 

The cheapest available apartment rental in the Chestnut Hill area of Richmond, VA is a 2 Beds unit found at Highland Terrace Apartments priced from $946. Van de Vyver has the second lowest priced unit, which is a Studio apartment currently listed from $998. Here are the most affordable Chestnut Hill apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Highland Terrace Apartments2-Bedroom2BR,2BA$946
Van de VyverThe ReserveStudio,1BA$998
Green Park Apartments2 Bedroom2BR,1BA$1,037
Townsend SquareTownhomes starting at $1050.00- Now Accepting A...2BR,1BA$1,050
1901-1915 Whitcomb2 Bedroom 1 Bath - 465112BR,1BA$1,180

Best Value Apartments for Rent in Chestnut Hill, VA

As of April 09, 2026 the best value apartment in the Chestnut Hill area is the $0.91 price per square foot Townhomes starting at $1050.00- Now Accepting A... Model at Townsend Square in the in the East neighborhood starting from $1,050. The second greatest value Chestnut Hill apartment is the 2 Bedroom 1 Bath - 46511 Model at 1901-1915 Whitcomb starting at $1,180 with a $1.49 price per square foot in the East neighborhood. Here is today’s list of the best values for Chestnut Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Townsend SquareTownhomes starting at $1050.00- Now Accepting A...2BR,1BA$0.91
1901-1915 Whitcomb2 Bedroom 1 Bath - 465112BR,1BA$1.49
Highland Terrace Apartments1-Bedroom1BR,1BA$1.89
Van de VyverThe HeirloomStudio ,1BA$2.83
3302 Delaware Ave3302 Delaware AveStudio ,1BA$17.50

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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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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
Chestnut Hill, Richmond, VA

Ranked #167

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Chestnut Hill Apartments

What is a cheap apartment in Chestnut Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chestnut Hill is under $1,180.

What is the price of a cheap apartment in Chestnut Hill?

The cheapest apartment in Chestnut Hill is Highland Terrace Apartments which is listed at $1,140, while the average apartment in Chestnut Hill costs $1,249.

What types of apartments are the cheapest in Chestnut Hill?

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 23 regular apartments in Chestnut Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

decorative image for A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

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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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.

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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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.