Cheap Homes for Rent in the City Center Richmond Neighborhood of Richmond, VA from $1,500 (3 Rentals)

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

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 1101 Haxall Point

$1,600 - $4,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 To 2 Bedroom Rentals

Available Now

1101 Haxall Point

RichmondVA23219

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.

property at 112 E Clay St

$1,900

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

112 E Clay St, Unit 112 E Clay St Apt 3C

112 E Clay St
RichmondVA23219

City Center Richmond, Richmond, VA Local Guide

Best Value Apartments for Rent in City Center Richmond, VA

As of July 16, 2026 the best value apartment in the City Center Richmond area is the $1.36 price per square foot 16 W Broad St Model at 16 W Broad St, Unit Apartment 1 in the in the Downtown Richmond neighborhood starting from $1,900. The second greatest value City Center Richmond apartment is the 2 Bed 2 Bath Model at Residences at the John Marshall starting at $1,899 with a $1.56 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.
16 W Broad St, Unit Apartment 116 W Broad St3BR,2BA$1.36
Residences at the John Marshall2 Bed 2 Bath2BR,2BA$1.56
11 S 2nd St11 S 2nd St1BR,1BA$1.64
210 E Grace St2 Bed/2 Bath2BR,2BA$1.35
The Loop at Midtown2X2 C2BR,2BA$2.00
11 E Broad St1 Beds, 1 Baths1BR,1BA$2.00
Miller and Rhoads Residences1 Bedroom1BR,1BA$1.59
Mortons Apartments1BR/1.0BA1BR,1BA$1.32
Centennial Apartments1 Bedroom 1 Bath1BR,1BA$1.87
209 E Main StUnit 2121BR,1BA$2.00

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

Read Article
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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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Quick 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.

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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

3.0
Pet Friendly

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Frequently Asked Questions about City Center Richmond

What type of rentals are currently available in City Center Richmond?

There are currently 112 Apartments for Rent in City Center Richmond, VA with pricing that ranges from $1,100 to $3,409. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in City Center Richmond ranging from $1,500 to $3,000.

What is the current price range for Rental Homes in City Center Richmond?

Today's rental pricing for Homes for Rent, Condos and Townhomes in City Center Richmond ranges from $1,500 to $3,000 with an average monthly rent of $1,975.

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 Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

A Local Expert's 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 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.

decorative image for Your Richmond Neighborhood Guide: Living Near the City's Top Employers article

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.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.