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from $850Studio to 2 Bedroom Apartments Available Now
Towers on Franklin
104 W Franklin StRichmond, VA 23220
Cheap Apartments for Rent in the City Center Neighborhood of Richmond, VA from $500 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the City Center area of Richmond.
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Rent Specials
from $925Studio to 2 Bedroom Apartments Available Now
2001 East
2001 E Broad StRichmond, VA 23223
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from $995Studio to 2 Bedroom Apartments Available Now
210 E Grace St
206-212 E Grace StRichmond, VA 23219
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from $998Studio to 2 Bedroom Apartments Available Now
Van de Vyver
713 N 1st StRichmond, VA 23219
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from $1,0001 to 4 Bedroom Apartments Available Now
Jefferson Townhouses
1951 Venable StRichmond, VA 23223
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from $1,025Studio to 2 Bedroom Apartments Available Now
Grace & Monroe Apartments
401 W Grace StRichmond, VA 23220
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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from $1,049Studio to 3 Bedroom Apartments Available Now
Coliseum Lofts
1335-1387 W Broad StRichmond, VA 23220
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from $1,0521 to 3 Bedroom Apartments Available Now
American Tobacco Center
119-121 N 20th StRichmond, VA 23223
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from $1,080Studio to 3 Bedroom Apartments Available Now
The Edison Apartments
700 E Franklin StRichmond, VA 23219
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from $1,0951 to 3 Bedroom Apartments Available Now
1318 W. Broad St.
1318-1320 W Broad StRichmond, VA 23220
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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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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’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan
Showing Results 1-36, Page 1 of 1
City Center, Richmond, VA Local Guide
How much does it cost to rent an apartment in City Center?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| City Center Studio Apartments | $1,247 | $850 | $2,457 |
| City Center 1 Bedroom Apartments | $1,540 | $925 | $3,366 |
| City Center 2 Bedroom Apartments | $1,935 | $1,225 | $6,482 |
| City Center 3 Bedroom Apartments | $1,991 | $1,179 | $3,400 |
| City Center 4 Bedroom Apartments | $1,121 | $750 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the City Center Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
City Center, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
- Nearby Cities
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Cheapest Available City Center Apartments for Rent
The cheapest available apartment rental in the City Center area of Richmond, VA is a Studio unit found at Towers on Franklin priced from $850. 2001 East has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable City Center apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Towers on Franklin | Harrison | Studio,1BA | $850 |
| 2001 East | A3 | 1BR,1BA | $925 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| Jefferson Townhouses | 1X1 | 1BR,1BA | $1,000 |
| Coliseum Lofts | E2.2 | Studio,1BA | $1,049 |
| 1318 W. Broad St. | 1 Beds, 1 Baths | 1BR,1BA | $1,095 |
| 210 E Grace St | 1bed/1bath | 1BR,1BA | $1,100 |
| Attain Shockoe | Capitol | Studio,1BA | $1,102 |
| The Corner Lofts - 1321 E. Main St. | 1BR/1.0BA | 1BR,1BA | $1,122 |
| The Masonry Apartments | Masonry TS-S1 | 1BR,1BA | $1,129 |
Best Value Apartments for Rent in City Center, VA
As of July 05, 2025 the best value apartment in the City Center area is the $1.36 price per square foot 308 E Leigh St Model at 308 E Leigh St, Unit 1 in the in the Downtown Richmond neighborhood starting from $2,470. The second greatest value City Center apartment is the 4x2 - Priced Per Bedroom Model at Marshall Park starting at $750 with a $0.51 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for City Center apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 308 E Leigh St, Unit 1 | 308 E Leigh St | 3BR,2BA | $1.36 |
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.51 |
| Park Plaza @ Belvidere | 2BR/2.0BA | 2BR,2BA | $1.36 |
| Lofts and Upper Lofts at Canal Walk | Canal 236 1 Bed | 1BR,1BA | $0.97 |
| Iron House Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $1.55 |
| Raven Place | B1.1 | 2BR,2BA | $1.47 |
| Miller and Rhoads Residences | 1 Bedroom | 1BR,1BA | $1.67 |
| The Berkshire | Cherry | 1BR,1BA | $1.31 |
| Broadway Apartments | Two Bed One Bath | 2BR,1BA | $1.64 |
| Jefferson Townhouses | 1X1 | 1BR,1BA | $1.68 |
Quick Rent Budget Calculator
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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 LifestyleCity Center, Richmond, VA
Ranked #30
Among neighborhoods in Richmond, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap City Center Apartments
What is a cheap apartment in City Center?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in City Center is under $1,129.
What is the price of a cheap apartment in City Center?
The cheapest apartment in City Center is 2001 East which is listed at $925, while the average apartment in City Center costs $2,060.
What types of apartments are the cheapest in City Center?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 113 regular apartments in City Center that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in City Center?
Cheap apartments in City Center have an average cost of $470 which is $1,590 cheaper than the average rent for all rentals in City Center.
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.
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.
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.
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.
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.