
Cheap Apartments for Rent in the Downtown Richmond Neighborhood of Richmond, VA from $500 (184 Rentals) Page 3 of 4
Search the lowest-cost Apartments available for rent right now in the Downtown Richmond area of Richmond.


1707 Colorado Ave

525 E Grace St

Total Monthly Price
110 E Cary St

Total Monthly Price
LIV Lakeview

Total Monthly Price
209 E Main St

2902 Barton Ave

Oxford Square Apartments

Shockoe Hill Senior Apartments 62 plus*

Goshen Street

The Planet Apartments

The Richmond Dairy Apartments

Richmond Arts

Market Slip

2700 Idlewood Ave

3329 Cutshaw Ave

Jernigin Hall

101 Poe St

2910 Chamberlayne Ave

Virginia Apartments

Tracks at the Masonry

Cornish Brewery Apartments

The Rosa

701 Saint James Street Apartments

12 E Main St

501-503 E Main St

Eagle Mill Towers

Linden Tower

The Foundry Apartments

Market Villas

MacTavish Flats

Shockoe Commons

1 West Cary

The Stables

Lofts and Upper Lofts at Canal Walk - Canal I and Canal II

Lofts and Upper Lofts at Canal Walk III

408-410 Dobson St

Pine Court I

Eagle Mill Apartments

Pine Court II

The Villas At Granby

Cary West Apartments

The Parkwood

The Jackson on Broad

Victory Apartments

One West Jackson Apartments

Landmark at Marshall Broad

The Altamont

The Overview River Side Apartments

207 N 3rd St
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 | $1,489 | $849 | $4,416 |
| Downtown Richmond 1 Bedroom Apartments | $1,749 | $865 | $5,343 |
| Downtown Richmond 2 Bedroom Apartments | $2,243 | $899 | $5,630 |
| Downtown Richmond 3 Bedroom Apartments | $2,178 | $759 | $6,967 |
| Downtown Richmond 4 Bedroom Apartments | $1,275 | $689 | $5,994 |
Browse Apartments in this Neighborhood
There are currently 184 rentals with your search options within a 1 mile radius of the Downtown Richmond Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
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 $1,095.
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 $2,129.
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 $516 which is $1,613 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.