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Cheap Apartments for Rent in the City Center Neighborhood of Richmond, VA from $500 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in the City Center area of Richmond.
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Rent Specials
$900 - $2,064Studio to 2 Bedroom Apartments Available Now
Towers on Franklin
104 W Franklin StRichmond, VA 23220
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Rent Specials
$925 - $1,770Studio to 3 Bedroom Apartments Available Now
The Masonry Apartments
2001 E Franklin StRichmond, VA 23223
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$935 - $2,4691 to 3 Bedroom Apartments Available Now
American Tobacco Center
119-121 N 20th StRichmond, VA 23223
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Rent Specials
$970 - $2,239Studio to 3 Bedroom Apartments Available Now
Attain Shockoe
1903 E Marshall StRichmond, VA 23223
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Rent Specials
$998 - $1,489Studio to 2 Bedroom Apartments Available Now
Van de Vyver
713 N 1st StRichmond, VA 23219
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$1,000 - $1,6201 to 4 Bedroom Apartments Available Now
Jefferson Townhouses
1951 Venable StRichmond, VA 23223
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$1,030 - $2,8001 to 3 Bedroom Apartments Available Now
The Berkshire
300 W Franklin StRichmond, VA 23220
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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Rent Specials
$1,041 - $2,321Studio to 3 Bedroom Apartments Available Now
The Edison Apartments
700 E Franklin StRichmond, VA 23219
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$1,046 - $1,5841 to 2 Bedroom Apartments Available Now
Grace & Monroe Apartments
401 W Grace StRichmond, VA 23220
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Rent Specials
$1,061 - $3,940Studio to 3 Bedroom Apartments Available Now
The Mezzo Lofts
17 W Broad StRichmond, VA 23220
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$1,071 - $2,813Studio to 3 Bedroom Apartments Available Now
Coliseum Lofts
1335-1387 W Broad StRichmond, VA 23220
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Rent Specials
$1,087 - $1,618Studio to 1 Bedroom Apartments Available Now
Landmark at Marshall Broad
5 E Marshall StRichmond, VA 23219
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$1,095 - $1,5691 to 2 Bedroom Apartments Available Now
Mortons Apartments
213 E Broad StRichmond, VA 23219
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$1,095 - $1,6951 to 2 Bedroom Apartments Available Dec 8
T and E Apartments
1011 W Marshall StRichmond, VA 23220
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$1,099 - $2,3991 to 3 Bedroom Apartments Available Nov 19
The Shockoe Collection
104 Shockoe SlipRichmond, VA 23219
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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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 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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Studio to 2 Bedroom Apartments
Lofts and Upper Lofts at Canal Walk III
1901-1927 E Main StRichmond, VA 23223
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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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Showing Results 1-48, 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 | $1,236 | $864 | $2,100 |
| City Center 1 Bedroom Apartments | $1,493 | $925 | $10,000+ |
| City Center 2 Bedroom Apartments | $1,813 | $1,195 | $3,795 |
| City Center 3 Bedroom Apartments | $1,923 | $1,250 | $3,200 |
| City Center 4 Bedroom Apartments | $1,271 | $800 | $5,599 |
Browse Apartments in this Neighborhood
There are currently 48 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
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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 1 Bed unit found at The Masonry Apartments priced from $925. Van de Vyver has the second lowest priced unit, which is a Studio apartment currently listed from $998. Here are the most affordable City Center apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Masonry Apartments | Masonry TS-A4 | 1BR,1BA | $925 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| Jefferson Townhouses | 1X1 | 1BR,1BA | $1,000 |
| Attain Shockoe | Elmwood | 1BR,1BA | $1,011 |
| Cedar Broad | A2b | 1BR,1BA | $1,045 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
| The Mezzo Lofts | Montage Gallery - Studios | Studio,1BA | $1,061 |
| Towers on Franklin | Cary | 1BR,1BA | $1,092 |
Best Value Apartments for Rent in City Center, VA
As of November 15, 2025 the best value apartment in the City Center area is the $1.45 price per square foot Downtown Double Suite Model at The Berkshire in the in the Downtown Richmond neighborhood starting from $2,700. The second greatest value City Center apartment is the Canal 236 1 Bed Model at Lofts and Upper Lofts at Canal Walk starting at $1,298 with a $1.00 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. |
|---|---|---|---|
| The Berkshire | Downtown Double Suite | 2BR,2BA | $1.45 |
| Lofts and Upper Lofts at Canal Walk | Canal 236 1 Bed | 1BR,1BA | $1.00 |
| Jackson Street Lofts | 3BR/3.0BA | 3BR,3BA | $1.47 |
| Raven Place | B1.1 | 2BR,2BA | $1.47 |
| Mortons Apartments | 1BR/1.5BA | 1BR,1.5BA | $1.46 |
| Marshall Street Apartments | 1BR/1.0BA | 1BR,1BA | $1.25 |
| The Mill at Manchester Lofts | 2 Bedroom 2 Bath - 19015 | 2BR,2BA | $1.52 |
| Trolley Lofts | 2BR/2.0BA | 2BR,2BA | $1.55 |
| The Dill Building | Dill-B6 | 2BR,2BA | $1.53 |
| Atrium Lofts at Cold Storage | One Bedroom | 1BR,1BA | $1.52 |
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.
Read ArticleThe 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 ArticleQuick 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 LifestyleCity Center, Richmond, VA
Ranked #35
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap City Center Apartments
What is the Cheapest Studio apartment in City Center?
Currently the most affordable Cheap Studio Apartment in City Center is at Van de Vyver listed at $998.
How much is rent for a Cheap One Bedroom City Center Apartment?
The lowest price for a Cheap One Bedroom City Center Apartment is $925 at The Masonry Apartments.
What is the lowest price for a Cheap Two Bedroom City Center Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in City Center is starting from $1,225 at Jefferson Townhouses.
What is the most affordable City Center Three Bedroom Apartment?
The best deal on a cheap City Center Three Bedroom Apartment rental is at Parc View at Commonwealth and starts from $1,250.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.