Cheap Apartments for Rent in the Chestnut Hill Neighborhood of Richmond, VA from $500 (10 Rentals)

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

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.

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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

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

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 ListingModel NameBed/BathPriced From
Van de VyverThe ReserveStudio,1BA$998
Townsend SquareTownhomes starting at $1000.00- Now Accepting A...2BR,1BA$1,000
Attain ShockoeGinter1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Townsend SquareTownhomes starting at $1000.00- Now Accepting A...2BR,1BA$0.87
Miller and Rhoads Residences1 Bedroom1BR,1BA$1.76
Residences at the John Marshall1 Bed 1 Bath1BR,1BA$1.80
The GuildThe Smith1BR,1BA$2.43
Atrium Lofts at Cold StorageOne Bedroom1BR,1BA$1.95
Highland Terrace Apartments1-Bedroom1BR,1BA$1.78
The BakeryCroissant1BR,1BA$2.81
Sphere ApartmentsS2Studio ,1BA$2.76
Attain ShockoeMaggie1BR,1BA$2.67
Van de VyverThe HeirloomStudio ,1BA$2.58

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Pet Friendly Lifestyle
Chestnut Hill, Richmond, VA

Ranked #140

Among neighborhoods in Richmond, VA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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.

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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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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.

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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.

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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.