
Cheap Apartments for Rent in the Chimborazo Neighborhood of Richmond, VA from $500 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in the Chimborazo area of Richmond.


Attain Shockoe

Miller Lofts @ Plant Zero

The Edison Apartments

210 E Grace St

Van de Vyver
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.

Jefferson Townhouses

District Square Apartments

Shockoe Commons

1705-1709 E Franklin St

1407 E Cary Street
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.
Richmond’s Best Affordable Neighborhoods
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Carter Woods - 62 + Better Senior Community
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Chimborazo, Richmond, VA Local Guide

How much does it cost to rent an apartment in Chimborazo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Chimborazo Studio Apartments | $1,268 | $804 | $2,613 |
Chimborazo 1 Bedroom Apartments | $1,513 | $700 | $3,270 |
Chimborazo 2 Bedroom Apartments | $1,857 | $799 | $6,244 |
Chimborazo 3 Bedroom Apartments | $2,304 | $699 | $3,446 |
Chimborazo 4 Bedroom Apartments | $1,573 | $599 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 46 rentals with your search options within a 2 mile radius of the Chimborazo Neighborhood of Richmond, VA.
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Chimborazo, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
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Cheapest Available Chimborazo Apartments for Rent
 The cheapest available apartment rental in the Chimborazo area of Richmond, VA is a 1 Bed unit found at Shiplock Views priced from $706. New Manchester Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $766. Here are the most affordable Chimborazo apartments for rent in Richmond, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Shiplock Views | Jefferson | 1BR,1BA | $706 |
New Manchester Flats | The Decatur | 1BR,1BA | $766 |
2001 East | Studio | Studio,1BA | $804 |
Miller Lofts @ Plant Zero | 1 Bedroom 1 Bath | 1BR,1BA | $950 |
Van de Vyver | The Reserve | Studio,1BA | $998 |
Jefferson Townhouses | 1X1 | 1BR,1BA | $1,000 |
Townsend Square | Townhomes starting at $1000.00- Now Accepting A... | 2BR,1BA | $1,000 |
Attain Shockoe | Elmwood | 1BR,1BA | $1,038 |
Shockoe Commons | A2 | 1BR,1BA | $1,043 |
Best Value Apartments for Rent in Chimborazo, VA
As of May 25, 2025 the best value apartment in the Chimborazo area is the $1.47 price per square foot 2 Bedroom Penthouse Model at The Locks Tower in the in the Downtown Richmond neighborhood starting from $2,937. The second greatest value Chimborazo apartment is the Canal 236 1 Bed Model at Lofts and Upper Lofts at Canal Walk starting at $1,239 with a $0.95 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Chimborazo apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Locks Tower | 2 Bedroom Penthouse | 2BR,2BA | $1.47 |
Lofts and Upper Lofts at Canal Walk | Canal 236 1 Bed | 1BR,1BA | $0.95 |
Raven Place | B1.1 | 2BR,2BA | $1.47 |
The Hudson | The Belvidere | 2BR,1BA | $1.26 |
Townsend Square | Townhomes starting at $1000.00- Now Accepting A... | 2BR,1BA | $0.87 |
1407 E Cary Street | 1 Beds, 1 Baths | 1BR,1BA | $1.11 |
Miller Lofts @ Plant Zero | 2 Bedroom 2 Bath | 2BR,2BA | $1.39 |
City View Place | 2 Bedroom Unit | 2BR,1.5BA | $1.14 |
Mallard Greens | TWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH... | 2BR,1BA | $1.33 |
1527 Mechanicsville Tpke, Unit 3 | 1527 Mechanicsville Tpke | 1BR,1BA | $1.17 |
Quick 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 LifestyleChimborazo, Richmond, VA
Ranked #27
Among neighborhoods in Richmond, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Chimborazo, Richmond, VA
Martin Luther King Jr. Middle
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in areas across the United States and customized analysis for Central Richmond, VA. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best outdoor access, transit availability, pet-friendly communities, places to raise kids, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Chimborazo Neighborhood in Richmond, VA
Walk Score®
67 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
51 / 100
Bikeable
Some bike infrastructure
Transit Score®
44 / 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 Chimborazo Apartments
What is a cheap apartment in Chimborazo?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chimborazo is under $1,043.
What is the price of a cheap apartment in Chimborazo?
The cheapest apartment in Chimborazo is Shiplock Views which is listed at $706, while the average apartment in Chimborazo costs $2,392.
What types of apartments are the cheapest in Chimborazo?
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 127 regular apartments in Chimborazo 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 Chimborazo?
Cheap apartments in Chimborazo have an average cost of $386 which is $2,006 cheaper than the average rent for all rentals in Chimborazo.
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.