Cheap Apartments for Rent in the City Center Richmond Neighborhood of Richmond, VA from $600 (29 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 228 W Broad St

228 W Broad St

RichmondVA23220

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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
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The Jackson on Broad
Studio to 2 Bedroom Apartments

The Jackson on Broad

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

207 N 3rd St

207 N 3rd StRichmond, VA 23219
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420 Place
1 Bedroom Apartments

420 Place

420 E Grace StRichmond, VA 23219
  • Utilities Included

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.

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 Studio unit found at The Mezzo Lofts priced from $1,061. Towers on Franklin has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,092. Here are the most affordable City Center Richmond apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
The Mezzo LoftsMontage Gallery - StudiosStudio,1BA$1,061
Towers on FranklinCary1BR,1BA$1,092
The Shockoe Collection1 Bed 1 Bath1BR,1BA$1,099
210 E Grace St1bed/1bath1BR,1BA$1,100
The Jackson on Broad0 Bedroom 1 Bath - 19029Studio,1BA$1,135
Revival Apartments1 Bedroom 1 Bath1BR,1BA$1,149
District Square Apartments1Bd1Ba-5071BR,1BA$1,191
2 E Broad St1BR/1.0BA1BR,1BA$1,195
Residences at the John MarshallStudioStudio,1BA$1,212
Marshall Street Apartments1BR/1.0BA1BR,1BA$1,250

Best Value Apartments for Rent in City Center Richmond, VA

As of November 16, 2025 the best value apartment in the City Center Richmond area is the $1.36 price per square foot Unit 208A Model at 209 E Main St in the in the Downtown Richmond neighborhood starting from $1,500. The second greatest value City Center Richmond apartment is the 1BR/1.5BA Model at Mortons Apartments starting at $1,569 with a $1.46 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.
209 E Main StUnit 208A2BR,1BA$1.36
Mortons Apartments1BR/1.5BA1BR,1.5BA$1.46
Marshall Street Apartments1BR/1.0BA1BR,1BA$1.25
Miller and Rhoads Residences1 Bedroom1BR,1BA$1.63
The Jackson on Broad2 Bedroom 2 Bath - 190442BR,2BA$1.69
Broadway ApartmentsOne Bed One Bath1BR,1BA$1.73
2 E Broad St1BR/1.0BA1BR,1BA$1.60
210 E Grace St1bed/1bath1BR,1BA$1.56
Revival Apartments1 Bedroom 1 Bath1BR,1BA$1.69
The Mezzo LoftsMontage Gallery - StudiosStudio ,1BA$1.72

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 Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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 #96

Among cities in Virginia 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®

82 / 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 Mezzo Lofts listed at $1,061.

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 $1,092 at Towers on Franklin.

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 $1,295 at The Mezzo Lofts.

What is the most affordable City Center Richmond Three Bedroom Apartment?

The best deal on a cheap City Center Richmond Three Bedroom Apartment rental is at District Square Apartments and starts from $1,839.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.