Cheap Apartments for Rent in the City Center Richmond Neighborhood of Richmond, VA from $749 (69 Rentals)

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

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209 E Main St
$1,100 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,700

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

209 E Main St

209 E Main StRichmond, VA 23219
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Towers on Franklin
Rent Specials
$1,135 - $2,139
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$990 - $1,994
Required Monthly Fees
$145

Total Monthly Price
$1,135 - $2,139
Studio to 2 Bedroom Apartments Available Now

Towers on Franklin

104 W Franklin StRichmond, VA 23220
Student Housing
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property at 308 W Broad St

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

1 Bedroom, 1 Bath Home for Rent

Available Now

308 W Broad St

RichmondVA23220

The Richmond Renter's Guide to Living Near Work

Get the inside scoop on Richmond's most livable neighborhoods and find the perfect apartment close to where you work. Our local expert breaks it all down by the city's top employers like VCU Health and Costar.

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Shockoe Collection
$1,249 - $2,549
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,099 - $2,399
Required Monthly Fees
$150

Total Monthly Price
$1,249 - $2,549
1 to 3 Bedroom Apartments Available Sep 22

Shockoe Collection

104 Shockoe SlipRichmond, VA 23219
Student Housing
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Deco at CNB
$1,336 - $2,104
Total Monthly Price

Total Monthly Price

Base Rent
$1,330 - $2,098
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Deco at CNB

219 E Broad StRichmond, VA 23219
Student Housing
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The Locks
$1,356 - $3,528
Total Monthly Price

Total Monthly Price

Base Rent
$1,356 - $3,528

Total Monthly Price
$1,356 - $3,528
1 to 2 Bedroom Apartments Available Now

The Locks

311 S 11th StRichmond, VA 23219
Corporate Housing
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 215 E Grace St

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

1 Bedroom, 1 Bath Home for Rent

Available Sep 28

215 E Grace St

RichmondVA23219
property at 217 E Grace St

$1,295 - $1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom Rentals

Available Now

217 E Grace St

RichmondVA23219
property at 205 E Broad St

$1,425

Total Monthly Price

Total Monthly Price

Base Rent
$1,425

Total Monthly Price
$1,425

2 Bedroom, 2 Bath Home for Rent

Available Now

205 E Broad St

RichmondVA23219
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One Canal Apartments
$1,431 - $1,646
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $1,640
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

One Canal Apartments

108 S 1st StRichmond, VA 23219
Student Housing
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Mutual on Main Apartments
Rent Specials
$1,432 - $3,318
Total Monthly Price

Total Monthly Price

Base Rent
$1,417 - $3,303
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Mutual on Main Apartments

909 E Main StRichmond, VA 23219
Family Friendly
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property at 319 N 2nd St

$1,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Condo for Rent

Available Now

319 N 2nd St, Unit B

319 N 2nd St
RichmondVA23219

Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA

Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.

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11 S 2nd St
$1,650 - $1,800
Total Monthly Price3 Month Lease Term

Total Monthly Price

Base Rent
$1,650 - $1,800

Total Monthly Price
$1,650 - $1,800
1 Bedroom Apartment Available Now

11 S 2nd St

11 S 2nd StRichmond, VA 23219
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Harper's Flats
Rent Specials
$1,692 - $2,203
Total Monthly Price

Total Monthly Price

Base Rent
$1,686 - $2,197
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Harper's Flats

200 E Broad StRichmond, VA 23219
Luxury
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212 W Broad St, Unit #3
$1,750
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750
2 Bedroom Apartment Available Sep 1

212 W Broad St, Unit #3

212 W Broad StRichmond, VA 23220
  • Smoke Free

Richmond’s Best Affordable Neighborhoods

Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

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11 E Broad St
1 Bedroom Apartments

11 E Broad St

11 E Broad StRichmond, VA 23219
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Richmond Arts
Studio to 2 Bedroom Apartments

Richmond Arts

115 N 1st StRichmond, VA 23219
  • Utilities Included
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501-503 E Main St
1 Bedroom Apartments

501-503 E Main St

501-503 E Main StRichmond, VA 23219
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Linden Tower
1 to 2 Bedroom Apartments

Linden Tower

116 E Franklin StRichmond, VA 23219
  • Utilities Included
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Shockoe Commons
1 to 2 Bedroom Apartments

Shockoe Commons

1209-1211 E Main StRichmond, VA 23223
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The Jackson on Broad
Studio to 2 Bedroom Apartments

The Jackson on Broad

20-22 E Broad StRichmond, VA 23219
  • Utilities Included
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207 N 3rd St
1 Bedroom Apartments

207 N 3rd St

207 N 3rd StRichmond, VA 23219
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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City Center Richmond, Richmond, VA Local Guide

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 ListingModel NameBed/BathPriced From
11 E Broad St1 Beds, 1 Baths1BR,1BA$749
The EdisonStudio1BR,1BA$995
Mortons Apartments1BR/1.0BA1BR,1BA$1,009
The Jackson on Broad0 Bedroom 1 Bath - 77116Studio,1BA$1,050
209 E Main StUnit 4,6,81BR,1BA$1,100
Towers on FranklinGoldStudio,1BA$1,135
The Corner Lofts1 Bedroom 1 Bath - 287071BR,1BA$1,175
Landmark at Marshall BroadThe AdamsStudio,1BA$1,216
5 Spot1BR/1.0BA1BR,1BA$1,225
Revival1 Bedroom / 1 Bath - 464sqft1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Broad St W 200Broad St W 200 - 2023BR,2BA$1.30
Broadway ApartmentsTwo Bed Two Bath2BR,2BA$1.25
The Mezzo LoftsMural Gallery - 2 Bedroom 2 Bath2BR,2BA$1.37
Marshall Street Apartments1 Bedroom / 1 Bath - 632sqft1BR,1BA$1.25
Miller and Rhoads Residences1 Bedroom1BR,1BA$1.36
7 East Franklin1 Bedroom 1 Bath - 610141BR,1BA$1.57
416 E. Grace Street2 Bedroom / 1 Bath - 950sqft2BR,1BA$1.76
Residences at the John Marshall1 Bed 1 Bath1BR,1BA$1.65
5 Spot1BR/1.0BA1BR,1BA$1.69
Revival1 Bedroom / 1 Bath - 464sqft1BR,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.

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The 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

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Real 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.

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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.

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Pet Friendly Lifestyle
City Center Richmond, Richmond, VA

Ranked #100

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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.

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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.

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Rent According to Income: A Look at Income-Restricted Rentals

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.