
Apartments for Rent in the Downtown Richmond Neighborhood of Richmond, VA Under $1,500 (199 Rentals)


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The Bakery

Park Northside Apartments

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Deco at CNB

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Coliseum Lofts

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Overview

Miller and Rhoads Residences

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The Carousel

The Watkins at Shockoe

Sphere
Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA
Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.

Mutual on Main Apartments

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Residences at Richmond Trust

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The Gallery Midtown Apartments

Cookie Factory Lofts

Cary Belvidere Apartments

Park Plaza @ Belvidere

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Iron House Apartments

Flats at 14th

Southern Stove Lofts

Marshall Park
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.

Monroe Park Towers Apartments

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The Trail Lofts

Residences at the John Marshall

Eagle Mill Lofts

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The Cooperage

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Todd Lofts

Capitol Lofts

Spectrum Apartments

The Penny at Jackson Ward

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Smokehouse Lofts
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.

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The Shockoe Collection

The Biggs Building

Scotts Edge

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The Locks

LIV Lakeview

First National Apartments

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Towers on Franklin

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T and E Apartments

The James

The Collection of Historic Richmond
Richmond’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

The Mezzo Lofts

The Hill Building

Pierce Arrow

Bloom Apartments II

18th Street Lofts

Centennial Terrace

1 West Cary Apartments

Revival

Courtyard Lofts

District Square Apartments
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 | $1,487 | $849 | $5,286 |
| Downtown Richmond 1 Bedroom Apartments | $1,758 | $849 | $7,978 |
| Downtown Richmond 2 Bedroom Apartments | $2,199 | $939 | $10,000+ |
| Downtown Richmond 3 Bedroom Apartments | $2,208 | $810 | $10,000+ |
| Downtown Richmond 4 Bedroom Apartments | $1,082 | $729 | $3,680 |
Browse Apartments in this Neighborhood
There are currently 199 rentals with your search options within a 1 mile radius of the Downtown Richmond Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
Downtown Richmond, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
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The Ultimate Renter's Guide for Finding the Perfect Student Friendly Richmond Neighborhood to Rent
Learn about the best neighborhoods for student renters near Richmond Colleges and Universities by our Local Expert Richard Corrigan
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Richmond, Richmond, VA
Ranked #10
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown Richmond
How much are Studio apartments in Downtown Richmond?
There are currently 209 Studio Apartments in Downtown Richmond with rent ranges from $849 to $5,286 with an average price of $1,487.
What is the current price range for One Bedroom Downtown Richmond Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Richmond ranges from $849 to $7,978 with an average monthly rent of $1,758.
What does renting a Two Bedroom Apartment in Downtown Richmond cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Richmond range from $939 to $11,528. Today's average rental price for Two Bedrooms here is $2,199.
How expensive are Downtown Richmond Three Bedroom Apartments?
There are currently 135 Three Bedroom Apartments listings available in Downtown Richmond on ApartmentHomeLiving.com. The pricing ranges from $810 to $12,953 - averaging $2,208 for the location.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.