
Cheap Apartments for Rent in the Chestnut Hill Neighborhood of Richmond, VA from $500 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Chestnut Hill area of Richmond.


Attain Shockoe
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.

2110 Phaup St

1703 Lamb Ave
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.
Chestnut Hill, Richmond, VA Local Guide

How much does it cost to rent an apartment in Chestnut Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Chestnut Hill Studio Apartments | $1,234 | $998 | $1,594 |
Chestnut Hill 1 Bedroom Apartments | $1,562 | $1,054 | $3,486 |
Chestnut Hill 2 Bedroom Apartments | $1,931 | $799 | $7,268 |
Chestnut Hill 3 Bedroom Apartments | $2,527 | $699 | $4,050 |
Chestnut Hill 4 Bedroom Apartments | $1,499 | $599 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 1 mile radius of the Chestnut Hill Neighborhood of Richmond, VA.
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Chestnut Hill, Richmond, VA Local Guide
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Cheapest Available Chestnut Hill Apartments for Rent
 The cheapest available apartment rental in the Chestnut Hill area of Richmond, VA is a Studio unit found at Van de Vyver priced from $998. Townsend Square has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,000. Here are the most affordable Chestnut Hill apartments for rent in Richmond, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Van de Vyver | The Reserve | Studio,1BA | $998 |
Townsend Square | Townhomes starting at $1000.00- Now Accepting A... | 2BR,1BA | $1,000 |
Attain Shockoe | Ginter | 1BR,1BA | $1,105 |
Best Value Apartments for Rent in Chestnut Hill, VA
As of June 02, 2025 the best value apartment in the Chestnut Hill area is the $0.87 price per square foot Townhomes starting at $1000.00- Now Accepting A... Model at Townsend Square in the in the East neighborhood starting from $1,000. The second greatest value Chestnut Hill apartment is the 1 Bedroom Model at Miller and Rhoads Residences starting at $1,738 with a $1.76 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Chestnut Hill apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Townsend Square | Townhomes starting at $1000.00- Now Accepting A... | 2BR,1BA | $0.87 |
Miller and Rhoads Residences | 1 Bedroom | 1BR,1BA | $1.76 |
Residences at the John Marshall | 1 Bed 1 Bath | 1BR,1BA | $1.80 |
The Guild | The Smith | 1BR,1BA | $2.43 |
Atrium Lofts at Cold Storage | One Bedroom | 1BR,1BA | $1.95 |
Highland Terrace Apartments | 1-Bedroom | 1BR,1BA | $1.78 |
The Bakery | Croissant | 1BR,1BA | $2.81 |
Sphere Apartments | S2 | Studio ,1BA | $2.76 |
Attain Shockoe | Maggie | 1BR,1BA | $2.67 |
Van de Vyver | The Heirloom | Studio ,1BA | $2.58 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleChestnut Hill, Richmond, VA
Ranked #140
Among neighborhoods in Richmond, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Chestnut Hill Neighborhood in Richmond, VA
Walk Score®
36 / 100
Car-Dependent
Most errands require a car
Bike Score®
28 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
43 / 100
Some Transit
A few 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 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 $1,475.
What is the price of a cheap apartment in Chestnut Hill?
The cheapest apartment in Chestnut Hill is Attain Shockoe which is listed at $1,105, while the average apartment in Chestnut Hill costs $2,110.
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 45 regular apartments in Chestnut Hill 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 Chestnut Hill?
Cheap apartments in Chestnut Hill have an average cost of $416 which is $1,694 cheaper than the average rent for all rentals in Chestnut Hill.
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.