
Cheap Apartments for Rent in the Downtown Richmond Neighborhood of Richmond, VA from $300 (271 Rentals) Page 6 of 6
Search the lowest-cost Apartments available for rent right now in the Downtown Richmond area of Richmond.


The Lofts at Shockoe Slip

516 N 3rd St

Matrix Midtown

Cary Street Station

Stumpf Flats on Main

121 W Broad St

800 W Cary St

806 W Cary St

3119 Hanover Ave

310 W Brookland Park Blvd

3600 West Broad Street

3901-3903 Cutshaw Ave

2807 Edgewood Ave

River School Lofts

19 N Stafford Ave

416 Milton St

1309 W Main St

Belmont on Broad Apartments

416 E. Grace Street

1315 Wallace 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 | $1,485 | $655 | $4,872 |
| Downtown Richmond 1 Bedroom Apartments | $1,747 | $820 | $5,810 |
| Downtown Richmond 2 Bedroom Apartments | $2,239 | $930 | $8,916 |
| Downtown Richmond 3 Bedroom Apartments | $2,045 | $810 | $3,800 |
| Downtown Richmond 4 Bedroom Apartments | $1,087 | $729 | $3,680 |
Browse Apartments in this Neighborhood
There are currently 271 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 $1,090.
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 $849, while the average apartment in Downtown Richmond costs $2,100.
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 193 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 $560 which is $1,540 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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.