
Cheap Homes for Rent in City Center Neighborhood of Richmond, VA from $1,300 (22 Rentals)
Search the lowest-cost Homes available for rent right now in the City Center area of Richmond.


301 Goshen St

507 W Grace St, Unit A

Total Monthly Price
525 E Grace St, Unit 205

Total Monthly Price
525 E Grace St, Unit 203

421 W Grace St, Unit 100

1020 W Franklin St, Unit 3
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.

404 W Grace St, Unit 3

Total Monthly Price
525 E Grace St, Unit 102

709 1/2 W Clay St

516 N 3rd St

1333 W Broad St, Unit 510, Unit 510

800 W Cary St

Total Monthly Price
525 E Grace St, Unit 401
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.

505 W Grace St, Unit A

219 S Cherry St, Unit 1B

404 W Grace St, Unit 1

6 N 6th St

123 E Broad St

402 W Grace St, Unit 3

707 Catherine St
Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA
Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.

2200 E Main St
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 | $2,044 | $1,550 | $3,300 |
| City Center 3 Bedroom Homes for Rent | $2,479 | $2,195 | $2,850 |
| City Center 4 Bedroom Homes for Rent | $3,065 | $1,545 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the City Center Neighborhood of Richmond, VA.
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City Center, Richmond, VA Local Guide
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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 The Hill Building priced from $995. Mortons Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable City Center apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Hill Building | Studio | Studio,1BA | $995 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $995 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| Jefferson Townhouses | 1X1 | 1BR,1BA | $1,000 |
| Dill Building | Dill-A1 | 1BR,1BA | $1,012 |
Best Value Apartments for Rent in City Center, VA
As of April 09, 2026 the best value apartment in the City Center area is the $0.54 price per square foot 4x2 - Priced Per Bedroom Model at Marshall Park in the in the Downtown Richmond neighborhood starting from $800. The second greatest value City Center apartment is the Canal 236 1 Bed Model at Lofts and Upper Lofts at Canal Walk - Canal I and Canal II starting at $1,296 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. |
|---|---|---|---|
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.54 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 1 Bed | 1BR,1BA | $1.00 |
| 110 E Cary St | 2 Beds 1 Bath | 2BR,1BA | $1.26 |
| Broadway Apartments | Two Bed Two Bath | 2BR,2BA | $1.27 |
| Trolley Lofts | 2 Bedroom / 2 Bath - 700sqft | 2BR,2BA | $1.20 |
| 209 E Main St | Unit 208A | 2BR,1BA | $1.36 |
| 210 E Grace St | 2 Bed/2 Bath | 2BR,2BA | $1.35 |
| Consolidated | CO-B One Bedroom, One Bathroom | 1BR,1BA | $1.42 |
| Miller and Rhoads Residences | 1 Bedroom | 1BR,1BA | $1.42 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1.29 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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 ArticleCash 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.
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.
Pet Friendly LifestyleCity Center, Richmond, VA
Ranked #30
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 347 Apartments for Rent in City Center, VA with pricing that ranges from $800 to $4,269. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in City Center ranging from $1,395 to $5,000.
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 $1,395 to $5,000 with an average monthly rent of $2,371.
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 $895 to $3,055, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $2,850. Four Bedroom Single-Family rentals are also available starting from $1,545 and Four Bedroom Apartments start at $800.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.