
Cheap Apartments for Rent in the City Center Richmond Neighborhood of Richmond, VA from $749 (69 Rentals)
Search the lowest-cost Apartments available for rent right now in the City Center Richmond area of Richmond.


The Edison

Mortons Apartments

Total Monthly Price
209 E Main St

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Towers on Franklin

Residences at the John Marshall

308 W Broad St

The Corner Lofts

Capitol Lofts

The Mezzo Lofts
The Richmond Renter's Guide to Living Near Work
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Total Monthly Price
Shockoe Collection

Marshall Street Apartments

The Hill Building

Centennial Terrace

Atrium on Broad Apartments

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Residences at Richmond Trust

District Square Apartments

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Deco at CNB

Miller and Rhoads Residences

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The Locks
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215 E Grace St

217 E Grace St

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5 S. 1st St., Unit RARE, BRIGHT, AND VERY SPECIAL 1 BR APT

205 E Broad St

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One Canal Apartments

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Mutual on Main Apartments

The Locks Tower

319 N 2nd St, Unit B

Broadway Apartments

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525 E Grace St, Unit 302
Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA
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The Loop at Midtown

7 East Franklin

Altitude on Main

First National Apartments

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1 N 3rd St

1 -1/2-104 1/2 E Clay St

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11 S 2nd St

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Harper's Flats

The Penny at Jackson Ward

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212 W Broad St, Unit #3
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212 W Broad St, Unit 3

11 E Broad St

Richmond Arts

The Richmond Dairy Apartments

501-503 E Main St

Linden Tower

Shockoe Commons

The Jackson on Broad

Shockoe Collection

207 N 3rd St
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City Center Richmond, Richmond, VA Local Guide

How much does it cost to rent an apartment in City Center Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| City Center Richmond Studio Apartments | $1,420 | $995 | $1,805 |
| City Center Richmond 1 Bedroom Apartments | $1,617 | $1,009 | $2,949 |
| City Center Richmond 2 Bedroom Apartments | $2,107 | $1,352 | $4,229 |
| City Center Richmond 3 Bedroom Apartments | $2,331 | $1,899 | $2,549 |
Browse Apartments in this Neighborhood
There are currently 69 rentals with your search options within a 2 mile radius of the City Center Richmond Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
City Center Richmond, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
- Nearby Cities
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Cheapest Available City Center Richmond Apartments for Rent
 The cheapest available apartment rental in the City Center Richmond area of Richmond, VA is a 1 Bed unit found at 11 E Broad St priced from $749. The Edison has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable City Center Richmond apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 11 E Broad St | 1 Beds, 1 Baths | 1BR,1BA | $749 |
| The Edison | Studio | 1BR,1BA | $995 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1,009 |
| The Jackson on Broad | 0 Bedroom 1 Bath - 77116 | Studio,1BA | $1,050 |
| 209 E Main St | Unit 4,6,8 | 1BR,1BA | $1,100 |
| Towers on Franklin | Gold | Studio,1BA | $1,135 |
| The Corner Lofts | 1 Bedroom 1 Bath - 28707 | 1BR,1BA | $1,175 |
| Landmark at Marshall Broad | The Adams | Studio,1BA | $1,216 |
| 5 Spot | 1BR/1.0BA | 1BR,1BA | $1,225 |
| Revival | 1 Bedroom / 1 Bath - 464sqft | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in City Center Richmond, VA
As of August 30, 2026 the best value apartment in the City Center Richmond area is the $1.30 price per square foot Broad St W 200 - 202 Model at Broad St W 200 in the in the Downtown Richmond neighborhood starting from $2,150. The second greatest value City Center Richmond apartment is the Two Bed Two Bath Model at Broadway Apartments starting at $1,709 with a $1.25 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for City Center Richmond apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Broad St W 200 | Broad St W 200 - 202 | 3BR,2BA | $1.30 |
| Broadway Apartments | Two Bed Two Bath | 2BR,2BA | $1.25 |
| The Mezzo Lofts | Mural Gallery - 2 Bedroom 2 Bath | 2BR,2BA | $1.37 |
| Marshall Street Apartments | 1 Bedroom / 1 Bath - 632sqft | 1BR,1BA | $1.25 |
| Miller and Rhoads Residences | 1 Bedroom | 1BR,1BA | $1.36 |
| 7 East Franklin | 1 Bedroom 1 Bath - 61014 | 1BR,1BA | $1.57 |
| 416 E. Grace Street | 2 Bedroom / 1 Bath - 950sqft | 2BR,1BA | $1.76 |
| Residences at the John Marshall | 1 Bed 1 Bath | 1BR,1BA | $1.65 |
| 5 Spot | 1BR/1.0BA | 1BR,1BA | $1.69 |
| Revival | 1 Bedroom / 1 Bath - 464sqft | 1BR,1BA | $1.80 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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.
Read ArticleThe 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
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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 LifestyleCity Center Richmond, Richmond, VA
Ranked #100
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap City Center Richmond Apartments
What is a cheap apartment in City Center Richmond?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in City Center Richmond is under $1,225.
What is the price of a cheap apartment in City Center Richmond?
The cheapest apartment in City Center Richmond is 11 E Broad St which is listed at $749, while the average apartment in City Center Richmond costs $1,641.
What types of apartments are the cheapest in City Center Richmond?
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 13 regular apartments in City Center Richmond 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 City Center Richmond?
Cheap apartments in City Center Richmond have an average cost of $321 which is $1,320 cheaper than the average rent for all rentals in City Center Richmond.
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

Your Richmond Neighborhood Guide: Living Near the City's Top Employers
Written by: Richard Corrigan
Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.

Explore The River City Like a Local: The Insider's 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.

Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters
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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.

A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA
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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.
Articles, How-To's, and Tips

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Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.