
Cheap Apartments for Rent in the East Neighborhood of Richmond, VA from $500 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the East area of Richmond.


1812 Williamsburg Rd

1705 Lamb Ave

The Attain

Creighton Renaissance Apartments

925 N 20th St

New Manchester Flats

Jefferson Townhouses
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.

Flats at 25th

Townsend Square

927 N 20th St

The Collection at American Tobacco Center

The Corner Lofts

Flats at 14th

Shockoe Hill Senior Apartments 62 plus*

The Carlisle
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.

Jefferson Mews

Market Slip

101 Poe St

Tracks at the Masonry

Bacon Retirement Community

Bowler Retirement Community

Ashley Oaks Apartments

Beckstoffer's Mill Lofts
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.

1822 Williamsburg Rd

Tobacco Landing

Cedar Broad

Mallard Greens

Wynwood Apartments

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

Old Stone Row

Terrace at the Masonry
The Art of the Rental Viewing: What to look for during a property tour
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Lofts and Upper Lofts at Canal Walk III

1808 Williamsburg Rd

Engine at The Masonry
East, Richmond, VA Local Guide

How much does it cost to rent an apartment in East?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| East Studio Apartments | $1,238 | $864 | $2,215 |
| East 1 Bedroom Apartments | $1,471 | $895 | $2,400 |
| East 2 Bedroom Apartments | $1,668 | $950 | $2,500 |
| East 3 Bedroom Apartments | $1,999 | $1,327 | $2,949 |
| East 4 Bedroom Apartments | $1,620 | $1,620 | $1,620 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 1 mile radius of the East Neighborhood of Richmond, VA.
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East, Richmond, VA Local Guide
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Cheapest Available East Apartments for Rent
 The cheapest available apartment rental in the East area of Richmond, VA is a 1 Bed unit found at The Attain priced from $965. New Manchester Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable East apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Attain | Ashland | 1BR,1BA | $965 |
| New Manchester Flats | The Decatur | 1BR,1BA | $999 |
| Jefferson Townhouses | 1X1 | 1BR,1BA | $1,000 |
| Cedar Broad | A2b | 1BR,1BA | $1,045 |
| Townsend Square | Townhomes starting at $1050.00- Now Accepting A... | 2BR,1BA | $1,050 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 Studio | Studio,1BA | $1,053 |
| Flats at 14th | 0 Bedroom 1 Bath - 35312 | Studio,1BA | $1,081 |
| 1808 Williamsburg Rd | 1 Beds, 1 Baths | 1BR,1BA | $1,095 |
| Mallard Greens | Vacancies are melting fast at Mallard Greens...... | 2BR,1BA | $1,103 |
| Creighton Renaissance Apartments | Two Bedroom - Townhome | 2BR,1BA | $1,147 |
Best Value Apartments for Rent in East, VA
As of January 31, 2026 the best value apartment in the East area is the $1.47 price per square foot B1.1 Model at Raven Place in the in the Downtown Richmond neighborhood starting from $1,730. The second greatest value East apartment is the Townhomes starting at $1050.00- Now Accepting A... Model at Townsend Square starting at $1,050 with a $0.91 price per square foot in the East neighborhood. Here is today’s list of the best values for East apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Raven Place | B1.1 | 2BR,2BA | $1.47 |
| Townsend Square | Townhomes starting at $1050.00- Now Accepting A... | 2BR,1BA | $0.91 |
| Consolidated | CO-B One Bedroom, One Bathroom | 1BR,1BA | $1.46 |
| The Dill Building | Dill-A12 | 1BR,1BA | $1.43 |
| LOFTY APARTMENTS | 2BR/2.0BA | 2BR,2BA | $1.60 |
| Mallard Greens | Welcome to MallardGreens | 2BR,1BA | $1.33 |
| American Cigar | AC-H One Bedroom, One Bathroom | 1BR,1BA | $1.66 |
| Shockoe Center | SCenter-A11 | 1BR,1BA | $1.56 |
| The Lofts at Shiplock Watch | 1BR x 1 Bath (1447g11a) | 1BR,1BA | $1.56 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 Studio | Studio ,1BA | $1.50 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleThe 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 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.
Best Local Schools in East, Richmond, VA
Martin Luther King Jr. Middle
School data provided by Great Schools
Frequently Asked Questions about Cheap East Apartments
What is a cheap apartment in East?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East is under $1,147.
What is the price of a cheap apartment in East?
The cheapest apartment in East is The Attain which is listed at $965, while the average apartment in East costs $2,049.
What types of apartments are the cheapest in East?
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 82 regular apartments in East 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 East?
Cheap apartments in East have an average cost of $715 which is $1,334 cheaper than the average rent for all rentals in East.
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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.