Cheap Apartments for Rent in the Deerbourne Neighborhood of Richmond, VA from $500 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Deerbourne area of Richmond.

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.

close
View Me
Lafayette Gardens
2 to 3 Bedroom Apartments

Lafayette Gardens

2219 Ruffin RdRichmond, VA 23234
  • Utilities Included
close
View Me
Foxwood
1 to 3 Bedroom Apartments

Foxwood

5000-5006 Snead RdRichmond, VA 23224
  • Utilities Included

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.

Deerbourne, Richmond, VA Local Guide

Cheapest Available Deerbourne Apartments for Rent

 

The cheapest available apartment rental in the Deerbourne area of Richmond, VA is a Studio unit found at Townhouses Of Chesterfield priced from $715. Kingly Ones and Briarwood Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Deerbourne apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Townhouses Of ChesterfieldTylerStudio,1BA$715
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$825
Park Vue1 Bedroom and 1 Bath - 687 Sq.Ft1BR,1BA$943

Best Value Apartments for Rent in Deerbourne, VA

As of May 31, 2025 the best value apartment in the Deerbourne area is the $1.08 price per square foot Wood II Model at Townhouses of Chesterfield II in the in the Broad Rock neighborhood starting from $1,195. The second greatest value Deerbourne apartment is the 2x2 Model at The Bend at 4800 Apartment Homes starting at $1,464 with a $1.49 price per square foot in the Cascade Creek neighborhood. Here is today’s list of the best values for Deerbourne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Townhouses of Chesterfield IIWood II2BR,1.5BA$1.08
The Bend at 4800 Apartment Homes2x22BR,2BA$1.49
South Pointe LandingTwo Bedroom 60% AMI2BR,1BA$1.43
The Arbors at Hull Street Senior Apartments1X11BR,1BA$1.32
Southwood Apartments3 Beds, 1 bath3BR,1BA$1.67
Model Tobacco Lofts1BD 1BA1BR,1BA$1.65
Brookmont2 Bedroom 1 Bath2BR,1BA$1.38
Linden at Forest HillTwo Bedroom2BR,1BA$1.56
Deering ManorChestnut2BR,1BA$1.52
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$1.38

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Deerbourne, Richmond, VA

Ranked #130

Among neighborhoods in Richmond, VA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the Deerbourne Neighborhood in Richmond, VA

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

23 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

25 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Deerbourne Apartments

What is the price of a cheap apartment in Deerbourne?

The cheapest apartment in Deerbourne is Kingly Ones and Briarwood Court Apartments which is listed at $825, while the average apartment in Deerbourne costs $1,855.

What types of apartments are the cheapest in Deerbourne?

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 44 regular apartments in Deerbourne 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 Deerbourne?

Cheap apartments in Deerbourne have an average cost of $316 which is $1,539 cheaper than the average rent for all rentals in Deerbourne.

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.

decorative image for A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.