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$1,280 - $2,566
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowPark Plaza @ Belvidere
515 W Franklin StRichmond, VA 23220
Cheap Apartments for Rent in the Downtown Richmond Neighborhood of Richmond, VA from $500 (179 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in the Downtown Richmond area of Richmond.
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$1,295 - $2,295
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowT and E Apartments
1011 W Marshall StRichmond, VA 23220
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$1,295 - $2,090
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Gallery Midtown Apartments
308 N Nansemond StRichmond, VA 23221
417 Fritz St
RichmondVA23222
1123 Grove Ave
RichmondVA23220
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$1,299 - $3,500
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Penny at Jackson Ward
2 W Marshall StRichmond, VA 23220
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$1,300
Plus Fees
1 Bedroom Apartments Available NowRevival
116 N 3rd StRichmond, VA 23219
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$1,300
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,300
Total Monthly Price
$1,300
416 N 3rd St, Unit 416
416 N 3rd StRichmond, VA 23219
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$1,300 - $1,550
Plus Fees
1 to 2 Bedroom Apartments Available Now1 West Cary Apartments
1 W CaryRichmond, VA 23220
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$1,303 - $3,935
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Summit at Scotts Addition
3022 W Broad StRichmond, VA 23230
Richmond’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan
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$1,310 - $1,602
Plus Fees
Studio to 2 Bedroom Apartments Available NowDeco at CNB
219 E Broad StRichmond, VA 23219
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$1,314 - $1,364
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowFlats at 14th
10 S 14th StRichmond, VA 23219
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$1,315 - $2,615
Plus Fees18 Month Lease Term
Studio to 3 Bedroom Apartments Available NowCourtyard Lofts
3200 W Clay StRichmond, VA 23230
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$1,315 - $1,995
Plus Fees
1 to 2 Bedroom Apartments Available Apr 4Kent Road Village
907 N L North Hamilton StRichmond, VA 23221
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$1,333 - $2,882
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,333 - $2,882
Total Monthly Price
$1,333 - $2,882
The Cooperage
1650 Overbrook RdRichmond, VA 23220
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$1,335 - $1,895
Plus Fees
Studio to 2 Bedroom Apartments Contact Us For AvailabilityCary Belvidere Apartments
601 W Cary StRichmond, VA 23220
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$1,340 - $3,417
Plus Fees
Studio to 2 Bedroom Apartments Available NowSphere
2005 Brook RdRichmond, VA 23220
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$1,347 - $3,125
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,347 - $3,125
Total Monthly Price
$1,347 - $3,125
Lofts and Upper Lofts at Canal Walk III
10 S 20th StRichmond, VA 23223
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$1,349 - $1,549
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now18th Street Lofts
1711 E Main StRichmond, VA 23223
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$1,350 - $2,007
Plus Fees
1 to 3 Bedroom Apartments Available NowThe Collection of Historic Richmond
805 N Arthur Ashe BoulevardRichmond, VA 23220
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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$1,350 - $2,400
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,350 - $2,400
Total Monthly Price
$1,350 - $2,400
The Bakery
127 N 17th StRichmond, VA 23219
1607 Brookfield St
RichmondVA23222
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$1,387 - $2,579
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,387 - $2,579
Total Monthly Price
$1,387 - $2,579
The Locks
311 S 11th StRichmond, VA 23219
1709 Colorado Ave
RichmondVA23220
3509 Park Ave
RichmondVA23221
2806 Hawthorne Ave
RichmondVA23222
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$1,420 - $2,964
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Watkins at Shockoe
117 S 14th StRichmond, VA 23219
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$1,420 - $2,205
Plus Fees
Studio to 2 Bedroom Apartments Available May 8The 1805
1805 Monument AveRichmond, VA 23220
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$1,421 - $2,083
Plus Fees
1 to 2 Bedroom Apartments Available NowOne Canal Apartments
108 S 1st StRichmond, VA 23219
500 Pelham Dr
RichmondVA23222
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$1,427 - $3,373
Plus Fees
Studio to 2 Bedroom Apartments Available NowMutual on Main Apartments
909 E Main StRichmond, VA 23219
3600 W Broad St
RichmondVA23230
10 S Randolph St
RichmondVA23220
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$1,442 - $2,712
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,442 - $2,712
Total Monthly Price
$1,442 - $2,712
The Carousel
2400 Grayland AveRichmond, VA 23220
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$1,445 - $1,875
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityGeorgetown
907 N L North Hamilton StRichmond, VA 23221
1611 Hickory St
RichmondVA23222
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$1,449 - $2,277
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Nest Scott's Addition
3113 W Marshall StRichmond, VA 23230
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$1,4501 Bedroom Apartments Available Now
525 E Grace St
525 E Grace StRichmond, VA 23219
2711 W Grace St
RichmondVA23220
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$1,4501 Bedroom Apartments Available Now
525 E Grace St
525 E Grace StRichmond, VA 23219
111 N Arthur Ashe Blvd
RichmondVA23220
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$1,459
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityCooper Lofts Apartments
11 S 18th StRichmond, VA 23223
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$1,460 - $4,475
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,460 - $4,475
Total Monthly Price
$1,460 - $4,475
Circ Apartments
1137 W Grace StRichmond, VA 23220
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$1,460 - $2,463
Plus Fees
1 to 2 Bedroom Apartments Available Now1 Scott's Addition
3031 Norfolk StRichmond, VA 23230
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$1,475 - $1,972
Plus Fees
1 to 2 Bedroom Apartments Available NowSoda Flats
2820-2828 W Broad StRichmond, VA 23230
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$1,492 - $1,605
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowBroadway Apartments
312 E Broad StRichmond, VA 23219
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$1,495
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$1,495
Total Monthly Price
$1,495
3009 Ellwood Ave, Unit C
3009 Ellwood AveRichmond, VA 23221
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$1,495
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available May 1Total Monthly Price
Base Rent
$1,495
Total Monthly Price
$1,495
3019 Ellwood Ave, Unit A
3019 Ellwood AveRichmond, VA 23221
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$1,495 - $4,515
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Ace
1201 N Arthur Ashe BlvdRichmond, VA 23230
1707 Colorado Ave
RichmondVA23220
Downtown Richmond, Richmond, VA Local Guide
How much does it cost to rent an apartment in Downtown Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Richmond Studio Apartments | $1,484 | $849 | $4,642 |
| Downtown Richmond 1 Bedroom Apartments | $1,755 | $899 | $5,634 |
| Downtown Richmond 2 Bedroom Apartments | $2,256 | $879 | $5,814 |
| Downtown Richmond 3 Bedroom Apartments | $2,225 | $759 | $4,926 |
| Downtown Richmond 4 Bedroom Apartments | $1,217 | $689 | $5,994 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 179 rentals with your search options within a 1 mile radius of the Downtown Richmond Neighborhood of Richmond, VA.
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Frequently Asked Questions about Cheap Downtown Richmond Apartments
What is a cheap apartment in Downtown Richmond?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Richmond is under $1,100.
What is the price of a cheap apartment in Downtown Richmond?
The cheapest apartment in Downtown Richmond is Bloom Apartments II which is listed at $899, while the average apartment in Downtown Richmond costs $2,199.
What types of apartments are the cheapest in Downtown Richmond?
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 200 regular apartments in Downtown Richmond 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 Downtown Richmond?
Cheap apartments in Downtown Richmond have an average cost of $521 which is $1,678 cheaper than the average rent for all rentals in Downtown Richmond.
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.