
Cheap Apartments for Rent in the East Neighborhood of Richmond, VA from $500 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the East area of Richmond.


New Manchester Flats

2105 Phaup St

Flats at 25th

Jefferson Townhouses

927 N 20th St

Smokehouse Lofts

American Tobacco Center

Attain Shockoe
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 | $1,369 | $829 | $2,280 |
East 1 Bedroom Apartments | $1,501 | $925 | $3,055 |
East 2 Bedroom Apartments | $1,744 | $837 | $3,552 |
East 3 Bedroom Apartments | $2,000 | $1,395 | $2,469 |
East 4 Bedroom Apartments | $1,620 | $1,620 | $1,620 |
Browse Apartments in this Neighborhood
There are currently 26 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 2 Beds unit found at New Manchester Flats priced from $837. Jefferson Townhouses has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable East apartments for rent in Richmond, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
New Manchester Flats | The Bainbridge | 2BR,1BA | $837 |
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 |
Smokehouse Lofts | 1 Beds, 1 Baths | 1BR,1BA | $1,060 |
1808 Williamsburg Rd | 1 Beds, 1 Baths | 1BR,1BA | $1,095 |
Attain Shockoe | Capitol | Studio,1BA | $1,102 |
Mallard Greens | TWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH... | 2BR,1BA | $1,103 |
Poythress Apartments | 1BR/1.0BA | 1BR,1BA | $1,165 |
The Oliver | The Wonderland | 2BR,2BA | $1,177 |
Best Value Apartments for Rent in East, VA
As of July 28, 2025 the best value apartment in the East area is the $1.41 price per square foot The Bay Model at Hydro in the in the East neighborhood starting from $1,829. The second greatest value East apartment is the Canal 236 2 Beds Model at Lofts and Upper Lofts at Canal Walk starting at $1,699 with a $1.31 price per square foot in the Downtown Richmond 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. |
---|---|---|---|
Hydro | The Bay | 2BR,2BA | $1.41 |
Lofts and Upper Lofts at Canal Walk | Canal 236 2 Beds | Studio ,1BA | $1.31 |
Raven Place | B1.1 | 2BR,2BA | $1.47 |
Townsend Square | Townhomes starting at $1050.00- Now Accepting A... | 2BR,1BA | $0.91 |
Consolidated | One Bedroom, One Bathroom | 1BR,1BA | $1.49 |
New Manchester Flats | The Stockton | 2BR,2.5BA | $1.53 |
Mallard Greens | TWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH... | 2BR,1BA | $1.33 |
The Corner Lofts - 1321 E. Main St. | 1BR/1.0BA | 1BR,1BA | $1.50 |
Flats at 25th | Compass | 1BR,1BA | $1.64 |
Jefferson Townhouses | 1X1 | 1BR,1BA | $1.68 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleEast, Richmond, VA
Ranked #78
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 the price of a cheap apartment in East?
The cheapest apartment in East is New Manchester Flats which is listed at $979, while the average apartment in East costs $2,007.
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 137 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 $881 which is $1,126 cheaper than the average rent for all rentals in East.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.