Cheap Apartments for Rent in the City Center Richmond Neighborhood of Richmond, VA from $600 (31 Rentals)

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

property at 100 W Marshall St

$850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

100 W Marshall St

RichmondVA23220
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Towers on Franklin
$985 - $2,199
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850 - $2,064
Required Monthly Fees
$135

Total Monthly Price
$985 - $2,199
Studio to 2 Bedroom Apartments Available Now

Towers on Franklin

104 W Franklin StRichmond, VA 23220
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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The Edgar at Linden Row
$1,210 - $1,225
Total Monthly Price

Total Monthly Price

Base Rent
$1,204 - $1,219
Required Monthly Fees
$6

Total Monthly Price
$1,210 - $1,225
Studio to 1 Bedroom Apartments Available Mar 31

The Edgar at Linden Row

114 E Franklin StRichmond, VA 23219
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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The 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 Now

The Shockoe Collection

104 Shockoe SlipRichmond, VA 23219
Transit Friendly
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Residences at Richmond Trust
$1,287 - $1,779
Total Monthly Price

Total Monthly Price

Base Rent
$1,281 - $1,773
Required Monthly Fees
$6

Total Monthly Price
$1,287 - $1,779
Studio to 1 Bedroom Apartments Available Now

Residences at Richmond Trust

629 E Main StRichmond, VA 23219
Transit Friendly
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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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Richmond Arts
Studio to 2 Bedroom Apartments

Richmond Arts

115 N 1st StRichmond, VA 23219
  • Utilities Included
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12 E Main St
Studio to 2 Bedroom Apartments

12 E Main St

12 E Main StRichmond, VA 23219
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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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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

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.

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Shockoe Commons
1 to 2 Bedroom Apartments

Shockoe Commons

1215 E Main StRichmond, VA 23219
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420 Place
1 Bedroom Apartments

420 Place

420 E Grace StRichmond, VA 23219
  • Utilities Included
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Hammond Lofts
1 to 3 Bedroom Apartments

Hammond Lofts

109 E Broad StRichmond, VA 23219
  • Utilities Included

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 Towers on Franklin priced from $985. Mortons Apartments 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
Towers on FranklinHarrisonStudio,1BA$985
Mortons Apartments1BR/1.0BA1BR,1BA$995
The Mezzo LoftsMosaic Gallery - 1 Bedroom 1 Bath1BR,1BA$1,088
The Jackson on Broad0 Bedroom 1 Bath - 30567Studio,1BA$1,130
The Edison ApartmentsSXD.1Studio,1BA$1,153
District Square Apartments1Bd15Ba5531BR,1BA$1,161
Shockoe CommonsSCommons-A41BR,1BA$1,189
The Penny at Jackson WardThe Lena (L-A1)Studio,1BA$1,226
Landmark at Marshall BroadThe FranklinStudio,1BA$1,227
Marshall Street Apartments1 Bedroom 1 Bath - 360311BR,1BA$1,230

Best Value Apartments for Rent in City Center Richmond, VA

As of February 25, 2026 the best value apartment in the City Center Richmond area is the $1.25 price per square foot Two Bed Two Bath Model at Broadway Apartments in the in the Downtown Richmond neighborhood starting from $1,713. The second greatest value City Center Richmond apartment is the 2 Beds 1 Bath Model at 110 E Cary St starting at $1,600 with a $1.35 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.
Broadway ApartmentsTwo Bed Two Bath2BR,2BA$1.25
110 E Cary St2 Beds 1 Bath2BR,1BA$1.35
2 E Broad St2BR/2.0BA2BR,2BA$1.59
209 E Main StUnit 208A2BR,1BA$1.36
Mortons Apartments1BR/1.5BA1BR,1.5BA$1.46
Miller and Rhoads Residences1 Bedroom1BR,1BA$1.66
Shockoe CollectionB3 - 2 Bed 2 Bath2BR,2BA$1.39
Marshall Street Apartments1 Bedroom 1 Bath - 360311BR,1BA$1.29
The Mezzo LoftsMotif Gallery - 2 Bedroom 1 Bath2BR,1BA$1.56
Shockoe CommonsSCommons-A41BR,1BA$1.77

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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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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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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Pet Friendly Lifestyle
City Center Richmond, Richmond, VA

Ranked #93

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 the Cheapest Studio apartment in City Center Richmond?

Currently the most affordable Cheap Studio Apartment in City Center Richmond is at Towers on Franklin listed at $985.

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 $995 at Mortons Apartments.

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 $1,250 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 American Heritage Apartments and starts from $2,375.

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

decorative image for A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

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.

decorative image for Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters article

Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters

Written by: Richard Corrigan

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.

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Explore The River City Like a Local: The Insiders 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.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.