603 Chamberlayne Pky
RichmondVA23220
Cheap Homes for Rent in City Center Neighborhood of Richmond, VA from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the City Center area of Richmond.
close
View Me
$1,0951 Bedroom Apartments Available Aug 10
421 W Grace St, Unit 203
421 W Grace StRichmond, VA 23220
close
View Me
$1,0952 Bedroom Apartments Available Jun 10
501 W Grace St, Unit A
501 W Grace StRichmond, VA 23220
close
View Me
$1,195Studio Apartments Available Now
311 W Franklin St, Unit 1105
311 W Franklin StRichmond, VA 23220
close
View Me
$1,2951 Bedroom Apartments Available Now
1011 W Marshall St, Unit 212
1011 W Marshall StRichmond, VA 23220
123 E Broad St
RichmondVA23219
301 Goshen St
RichmondVA23220
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.
615 Albemarle St
RichmondVA23220
close
View Me
$1,3502 Bedroom Apartments Available Aug 10
421 W Grace St, Unit 101
421 W Grace StRichmond, VA 23220
close
View Me
$1,3502 Bedroom Apartments Available Aug 10
507 W Grace St, Unit C
507 W Grace StRichmond, VA 23220
close
View Me
$1,3502 Bedroom Apartments Available Aug 10
421 W Grace St, Unit 102
421 W Grace StRichmond, VA 23220
421 W Grace St
RichmondVA23220
close
View Me
$1,4502 Bedroom Apartments Available Aug 10
421 W Grace St, Unit 100
421 W Grace StRichmond, VA 23220
1333 W Broad St, Unit 514
1333 W Broad St
RichmondVA23220
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.
Showing Results 1-14, Page 1 of 1
City Center, Richmond, VA Local Guide
How much does it cost to rent a home in City Center?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| City Center 2 Bedroom Homes for Rent | $1,705 | $1,350 | $2,100 |
| City Center 3 Bedroom Homes for Rent | $2,290 | $1,700 | $2,798 |
| City Center 4 Bedroom Homes for Rent | $3,137 | $2,695 | $3,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the City Center Neighborhood of Richmond, VA.
Explore Richmond
City Center, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 American Tobacco Collection priced from $897. 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 |
|---|---|---|---|
| American Tobacco Collection | ATC-A3 | 1BR,1BA | $897 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 Studio | Studio,1BA | $1,063 |
| Residences at the John Marshall | Studio | Studio,1BA | $1,079 |
Best Value Apartments for Rent in City Center, VA
As of May 25, 2026 the best value apartment in the City Center area is the $1.33 price per square foot 2BR/2.0BA Model at Park Plaza @ Belvidere in the in the Downtown Richmond neighborhood starting from $1,862. The second greatest value City Center apartment is the Goshen Model at The Berkshire starting at $1,749 with a $1.26 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. |
|---|---|---|---|
| Park Plaza @ Belvidere | 2BR/2.0BA | 2BR,2BA | $1.33 |
| The Berkshire | Goshen | 2BR,2BA | $1.26 |
| 10 Walnut Alley | 2 Bedroom 2 Bath - 30004 | 2BR,2BA | $1.46 |
| Raven Place | B1.1 | 2BR,2BA | $1.50 |
| 209 E Main St | Unit 208 1A | 2BR,1BA | $1.36 |
| Trolley Lofts | 2 Bedroom / 2 Bath - 700sqft | 2BR,2BA | $1.27 |
| 210 E Grace St | 2 Bed/2 Bath | 2BR,2BA | $1.35 |
| Shockoe Collection | B3 - 2 Bed 2 Bath | 2BR,2BA | $1.39 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1.34 |
| 1901-1915 Whitcomb | 2 Bedroom 1 Bath - 19097 | 2BR,1BA | $1.49 |
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.
Read Article
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 ArticleReal 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.
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.
Let everyone know!
Do you know the City Center area?
If you’re an expert on all things City Center, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleCity Center, Richmond, VA
Ranked #33
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about City Center
What type of rentals are currently available in City Center?
There are currently 352 Apartments for Rent in City Center, VA with pricing that ranges from $750 to $4,610. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in City Center ranging from $750 to $3,500.
What is the current price range for Rental Homes in City Center?
Today's rental pricing for Homes for Rent, Condos and Townhomes in City Center ranges from $750 to $3,500 with an average monthly rent of $2,169.
How much are larger Three and Four Bedroom Rentals in City Center?
For those who are looking for larger living arrangements, Three Bedroom Apartments in City Center range from $810 to $2,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $2,798. Four Bedroom Single-Family rentals are also available starting from $2,695 and Four Bedroom Apartments start at $750.
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
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.
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.
Explore The River City Like a Local: The Insiders 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.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.