Cheap Homes for Rent in City Center Richmond Neighborhood of Richmond, VA from $800 (5 Rentals)

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

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.

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 Towers on Franklin priced from $900. 210 E Grace St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable City Center Richmond apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Towers on FranklinGoldStudio,1BA$900
210 E Grace St1bed/1bath1BR,1BA$1,100
Revival Apartments1 Bedroom 1 Bath1BR,1BA$1,149

Best Value Apartments for Rent in City Center Richmond, VA

As of July 25, 2025 the best value apartment in the City Center Richmond area is the $1.65 price per square foot 1 Bedroom Model at Miller and Rhoads Residences in the in the Downtown Richmond neighborhood starting from $1,635. The second greatest value City Center Richmond apartment is the Two Bed One Bath Model at Broadway Apartments starting at $1,478 with a $1.64 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.
Miller and Rhoads Residences1 Bedroom1BR,1BA$1.65
Broadway ApartmentsTwo Bed One Bath2BR,1BA$1.64
Exchange PlaceExchange Place Unit 2072BR,2BA$1.97
District Square Apartments2Bd2Ba-7942BR,2BA$1.84
Centennial Apartments1 Bedroom 1 Bath1BR,1BA$1.87
Hammond Lofts1021BR,1BA$1.96
Revival Apartments1 Bedroom 1 Bath1BR,1BA$1.69
209 E Main Stunit 212 2A1BR,1BA$1.92
The Mezzo LoftsMontage Gallery - StudiosStudio ,1BA$1.92
210 E Grace St1bed/1bath1BR,1BA$1.79

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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 101 Apartments for Rent in City Center Richmond, VA with pricing that ranges from $900 to $6,165. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in City Center Richmond ranging from $800 to $2,800.

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 $800 to $2,800 with an average monthly rent of $1,783.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.