Cheap Homes for Rent in City Center Neighborhood of Richmond, VA from $1,200 (19 Rentals)

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Search the lowest-cost Homes available for rent right now in the City Center area of Richmond.

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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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.

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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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City Center, Richmond, VA Local Guide

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 $949. Attain Shockoe has the second lowest priced unit, which is a Studio apartment currently listed from $987. Here are the most affordable City Center apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Towers on FranklinRodneyStudio,1BA$949
Attain ShockoeCapitolStudio,1BA$987
Van de VyverThe ReserveStudio,1BA$998
Jefferson Townhouses1X11BR,1BA$1,000
Cedar BroadA2b1BR,1BA$1,045

Best Value Apartments for Rent in City Center, VA

As of August 04, 2025 the best value apartment in the City Center area is the $1.31 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 $2,395. The second greatest value City Center apartment is the 803 W Broad St Model at 803 W Broad St, Unit 1 starting at $2,250 with a $1.32 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 ListingModel NameBed/BathPrice Per Sq.Ft.
308 E Leigh St, Unit 1308 E Leigh St3BR,2BA$1.31
803 W Broad St, Unit 1803 W Broad St3BR,2BA$1.32
Marshall Park4x4 - Priced Per Bedroom4BR,4BA$0.61
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.45
Lofts and Upper Lofts at Canal WalkCanal 236 2 BedsStudio ,1BA$1.47
Raven PlaceB1.12BR,2BA$1.47
Miller and Rhoads Residences1 Bedroom1BR,1BA$1.55
The Corner Lofts - 1321 E. Main St.1BR/1.0BA1BR,1BA$1.39
The BerkshireCatherine1BR,1BA$1.46
The Mill At Manchester Lofts1BR/1.0BA1BR,1BA$1.54

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Frequently Asked Questions about City Center

What type of rentals are currently available in City Center?

There are currently 338 Apartments for Rent in City Center, VA with pricing that ranges from $750 to $6,360. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in City Center ranging from $1,295 to $3,550.

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 $1,295 to $3,550 with an average monthly rent of $2,357.

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 $870 to $3,949, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $2,800. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $750.

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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.