Cheap Apartments for Rent in the City Center Richmond Neighborhood of Richmond, VA from $700 (25 Rentals)

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

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.

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Richmond Arts
1 Bedroom Apartments

Richmond Arts

115 N 1st StRichmond, VA 23219
  • Utilities Included

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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501-503 E Main St
1 Bedroom Apartments

501-503 E Main St

501-503 E Main StRichmond, VA 23219
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The Hill Building
1 to 2 Bedroom Apartments

The Hill Building

114 Virginia 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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Linden Tower
1 to 2 Bedroom Apartments

Linden Tower

116 E Franklin 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

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 The Mezzo Lofts priced from $1,070. Shockoe Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here are the most affordable City Center Richmond apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
The Mezzo LoftsMosaic Gallery - 1 Bedroom 1 Bath1BR,1BA$1,070
Shockoe CommonsA21BR,1BA$1,075
Towers on FranklinCary1BR,1BA$1,092
The Edison Apartments1XA1BR,1BA$1,105
Revival Apartments1 Bedroom 1 Bath1BR,1BA$1,149

Best Value Apartments for Rent in City Center Richmond, VA

As of June 04, 2025 the best value apartment in the City Center Richmond area is the $1.80 price per square foot B2 Model at Shockoe Commons in the in the Downtown Richmond neighborhood starting from $1,799. The second greatest value City Center Richmond apartment is the 1 Bedroom Model at Miller and Rhoads Residences starting at $1,733 with a $1.75 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.
Shockoe CommonsB22BR,2BA$1.80
Miller and Rhoads Residences1 Bedroom1BR,1BA$1.75
Exchange PlaceExchange Place Unit 1102BR,2BA$1.90
Broadway ApartmentsTwo Bed One Bath2BR,1BA$1.82
Residences at the John Marshall1 Bed 1 Bath1BR,1BA$1.80
Hammond Lofts2021BR,1.5BA$2.01
Revival Apartments1 Bedroom 1 Bath1BR,1BA$1.69
209 E Main Stunit 212 2A1BR,1BA$1.92
The Mezzo LoftsMosaic Gallery - 1 Bedroom 1 Bath1BR,1BA$1.73
1 N 3rd StStudioStudio ,1BA$2.00

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Pet Friendly Lifestyle
City Center Richmond, Richmond, VA

Ranked #94

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the City Center Richmond Neighborhood in Richmond, VA

Walk Score®

94 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

81 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

63 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap City Center Richmond Apartments

What is the Cheapest Studio apartment in City Center Richmond?

Currently the most affordable Cheap Studio Apartment in City Center Richmond is at The Edison Apartments listed at $1,141.

How much is rent for a Cheap One Bedroom City Center Richmond Apartment?

The lowest price for a Cheap One Bedroom City Center Richmond Apartment is $1,070 at The Mezzo Lofts.

What is the lowest price for a Cheap Two Bedroom City Center Richmond Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in City Center Richmond is starting from $1,388 at District Square Apartments.

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.