
Cheap Apartments for Rent in the City Center Neighborhood of Richmond, VA from $550 (153 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in the City Center area of Richmond.


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1118 Grove Ave

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South Falls Tower

1322 W Broad St

Residences at the John Marshall

Main2525

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805W Lofts

Link Apartments® Manchester

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Coliseum Lofts

511 Ryland St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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5 S. 1st St., Unit RARE, BRIGHT, AND VERY SPECIAL 1 BR APT

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Hydro

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Overview

Mutual on Main Apartments

Terraces at Manchester

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One Canal Apartments

The Hues at City View

210 E Grace St

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River’s Edge at Manchester

Cooper Lofts
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.

Total Monthly Price
The Locks

The Locks Tower

319 N 2nd St, Unit B

709 Idlewood Ave

501 W Clay St

Shockoe Hill Senior Apartments 62 plus*

The Planet Apartments

11 E Broad St

Richmond Arts

2001 East
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.

Market Slip

Jernigin Hall

The Richmond Dairy Apartments

Tracks at the Masonry

Cornish Brewery Apartments

The Rosa

701 Saint James Street Apartments

501-503 E Main St

Shockoe Center

1128 W. Grace St.*
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.

Linden Tower

Dill Building

Cedar Broad

Shockoe Commons

The Jackson on Broad

1 West Cary

The Stables

Old Stone Row

Terrace at the Masonry

Lofts and Upper Lofts at Canal Walk - Canal I and Canal II
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.
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 | $1,361 | $923 | $1,827 |
| City Center 1 Bedroom Apartments | $1,522 | $1,000 | $2,949 |
| City Center 2 Bedroom Apartments | $1,927 | $1,195 | $4,265 |
| City Center 3 Bedroom Apartments | $1,900 | $1,250 | $2,750 |
| City Center 4 Bedroom Apartments | $1,412 | $710 | $5,659 |
Browse Apartments in this Neighborhood
There are currently 153 rentals with your search options within a 2 mile radius of the City Center Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
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 $1,055.
What is the price of a cheap apartment in City Center?
The cheapest apartment in City Center is 11 E Broad St which is listed at $749, while the average apartment in City Center costs $1,581.
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 133 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 $567 which is $1,014 cheaper than the average rent for all rentals in City Center.
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

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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.