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Cheap Apartments for Rent in the Chestnut Hill Neighborhood of Richmond, VA from $500 (3 Rentals)
Search the lowest-cost Apartments available for rent right now in the Chestnut Hill 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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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 | $1,030 | $998 | $1,096 |
| Chestnut Hill 1 Bedroom Apartments | $1,142 | $934 | $1,295 |
| Chestnut Hill 2 Bedroom Apartments | $1,416 | $799 | $1,912 |
| Chestnut Hill 3 Bedroom Apartments | $1,462 | $699 | $1,911 |
| Chestnut Hill 4 Bedroom Apartments | $599 | $599 | $599 |
Browse Apartments in this Neighborhood
There are currently 3 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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Best Value Apartments for Rent in Chestnut Hill, VA
As of September 11, 2025 the best value apartment in the Chestnut Hill area is the $1.34 price per square foot 2-Bedroom Model at Highland Terrace Apartments in the in the Chestnut Hill neighborhood starting from $1,322. The second greatest value Chestnut Hill apartment is the 2BR/1.0BA Model at Brand-New 2 Bedroom - Newly Renovated starting at $1,271 with a $1.69 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Highland Terrace Apartments | 2-Bedroom | 2BR,2BA | $1.34 |
| Brand-New 2 Bedroom - Newly Renovated | 2BR/1.0BA | 2BR,1BA | $1.69 |
| Van de Vyver | The Abby | 1BR,1BA | $1.91 |
| The James | JAMES-1 | 1BR,1BA | $2.29 |
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Pet Friendly LifestyleChestnut Hill, Richmond, VA
Ranked #163
Among cities in Virginia 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 $1,322.
What is the price of a cheap apartment in Chestnut Hill?
The cheapest apartment in Chestnut Hill is Van de Vyver which is listed at $1,242, while the average apartment in Chestnut Hill costs $1,532.
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 11 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
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 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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.