
Cheap Homes for Rent in Downtown Richmond Neighborhood of Richmond, VA from $1,100 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Richmond area of Richmond.


300 S Arthur Ashe Blvd

8 S Robinson St, Unit B

200 Wellford St

1333 W Broad St

3223 Jeter Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

230 N 6th St

309 N Adams St

2806 Hawthorne Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

2922 Noble Ave

1921 Floyd Ave

516 N 3rd St

107 W Brookland Park Blvd

800 W Cary St

24 S Davis Ave
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

1101 Haxall Point
Downtown Richmond, Richmond, VA Local Guide

How much does it cost to rent a home in Downtown Richmond?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Richmond 2 Bedroom Homes for Rent | $1,913 | $1,150 | $4,699 |
Downtown Richmond 3 Bedroom Homes for Rent | $2,594 | $1,250 | $4,999 |
Downtown Richmond 4 Bedroom Homes for Rent | $2,879 | $2,200 | $3,780 |
Downtown Richmond 5 Bedroom Homes for Rent | $3,808 | $2,995 | $5,495 |
Downtown Richmond 6 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 1 mile radius of the Downtown Richmond Neighborhood of Richmond, VA.
Explore Richmond
Downtown Richmond, Richmond, VA Local Guide
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Cheapest Available Downtown Richmond Apartments for Rent
 The cheapest available apartment rental in the Downtown Richmond area of Richmond, VA is a 3 Beds unit found at Chesterfield Apartments priced from $807. Bloom Apartments II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Downtown Richmond apartments for rent in Richmond, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Chesterfield Apartments | THE MULBERRY FLOOR PLAN - SUITE II | 3BR,1BA | $807 |
Bloom Apartments II | 1Bed/1Bath: 463 sq ft | 1BR,1BA | $899 |
Eagle Mill Lofts | Studios | Studio,1BA | $925 |
Lofts and Upper Lofts at Canal Walk | Canal 236 1 Bed | 1BR,1BA | $985 |
Van de Vyver | The Reserve | Studio,1BA | $998 |
Best Value Apartments for Rent in Downtown Richmond, VA
As of September 11, 2025 the best value apartment in the Downtown Richmond area is the $1.42 price per square foot 715 W Clay St Model at 715 W Clay St, Unit B in the in the Downtown Richmond neighborhood starting from $2,595. The second greatest value Downtown Richmond apartment is the 4x2 - Priced Per Bedroom Model at Marshall Park starting at $699 with a $0.47 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Downtown Richmond apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
715 W Clay St, Unit B | 715 W Clay St | 3BR,2BA | $1.42 |
Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.47 |
Lofts and Upper Lofts at Canal Walk | Canal 236 2 Beds | Studio ,1BA | $1.00 |
Raven Place | B1.1 | 2BR,2BA | $1.47 |
Iron House Apartments | 2 Bedroom 2 Bath with Office | 2BR,2BA | $1.46 |
Cary Belvidere Apartments | Two Beds | 2BR,2BA | $1.48 |
Marshall Street Apartments | 1BR/1.0BA | 1BR,1BA | $1.30 |
Miller and Rhoads Residences | 1 Bedroom | 1BR,1BA | $1.43 |
South Arthur | 1/1 | 1BR,1BA | $1.53 |
Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1.42 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Richmond, Richmond, VA
Ranked #13
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown Richmond
What type of rentals are currently available in Downtown Richmond?
There are currently 718 Apartments for Rent in Downtown Richmond, VA with pricing that ranges from $599 to $10,956. There are also 85 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Richmond ranging from $1,150 to $5,495.
What is the current price range for Rental Homes in Downtown Richmond?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Richmond ranges from $1,150 to $5,495 with an average monthly rent of $2,398.
How much are larger Three and Four Bedroom Rentals in Downtown Richmond?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Richmond range from $699 to $10,956, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $4,999. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $599.
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.

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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.