
Cheap Apartments for Rent in the East Neighborhood of Richmond, VA from $500 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the East area of Richmond.


Total Monthly Price
Creighton Renaissance Apartments

Total Monthly Price
1619 N 28th St

Jefferson Townhouses

Total Monthly Price
The Masonry Apartments

The Attain

Flats at 25th

Total Monthly Price
Townsend Square

927 N 20th St
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.

The Corner Lofts

The Hill Building

114 Virginia St

Shockoe Hill Senior Apartments 62 plus*

The Carlisle

Jefferson Mews

Market Slip

2001 East

101 Poe St
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.

Tracks at the Masonry

Bacon Retirement Community

Bowler Retirement Community

Ashley Oaks Apartments

Shockoe Center

Beckstoffer's Mill Lofts

1822 Williamsburg Rd

Tobacco Landing

Market Villas
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.

Shockoe Commons

Wynwood Apartments

Mallard Greens

Old Stone Row

Terrace at the Masonry

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

Lofts and Upper Lofts at Canal Walk III

1808 Williamsburg Rd

Engine at The Masonry
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.
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 | $1,454 | $1,095 | $2,434 |
| East 1 Bedroom Apartments | $1,429 | $553 | $2,400 |
| East 2 Bedroom Apartments | $1,721 | $916 | $2,729 |
| East 3 Bedroom Apartments | $2,063 | $1,327 | $2,605 |
| East 4 Bedroom Apartments | $1,620 | $1,620 | $1,620 |
Browse Apartments in this Neighborhood
There are currently 36 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 New Manchester Flats priced from $553. Creighton Renaissance Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. Here are the most affordable East apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| New Manchester Flats | The Decatur | 1BR,1BA | $553 |
| Creighton Renaissance Apartments | One Bedroom - D | 1BR,1BA | $770 |
| Jefferson Townhouses | 1X1 | 1BR,1BA | $1,000 |
| 1619 N 28th St | 1 Bed 1 Bath - Furnished | 1BR,1BA | $1,000 |
| Tobacco Landing | Two Bedroom | 2BR,2BA | $1,021 |
| Townsend Square | Townhomes starting at $1050.00- Now Accepting A... | 2BR,1BA | $1,050 |
| The Hill Building | Studio | 1BR,1BA | $1,095 |
| Mallard Greens | March Forward With Unbeatable Offers...Call Now!! | 2BR,1BA | $1,103 |
| Shockoe Commons | SCommons-A4 | 1BR,1BA | $1,105 |
| American Tobacco Center | ATC-A9 | 1BR,1BA | $1,146 |
Best Value Apartments for Rent in East, VA
As of March 19, 2026 the best value apartment in the East area is the $1.35 price per square foot 1205 N 34th St Model at 1205 N 34th St in the in the East neighborhood starting from $2,495. The second greatest value East apartment is the Canal 236 1 Bed Model at Lofts and Upper Lofts at Canal Walk - Canal I and Canal II starting at $1,271 with a $0.98 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. |
|---|---|---|---|
| 1205 N 34th St | 1205 N 34th St | 3BR,2.5BA | $1.35 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 1 Bed | 1BR,1BA | $0.98 |
| Creighton Renaissance Apartments | Three Bedroom | 3BR,2BA | $1.46 |
| Raven Place | B1.1 | 2BR,2BA | $1.50 |
| Townsend Square | Townhomes starting at $1050.00- Now Accepting A... | 2BR,1BA | $0.91 |
| Lofts and Upper Lofts at Canal Walk III | One Bedroom | 1BR,1BA | $1.28 |
| Consolidated | CO-K One Bedroom, One Bathroom | 1BR,1BA | $1.49 |
| Glenwood Ridge Apartments | 2 bedroom | 2BR,2BA | $1.13 |
| Tobacco Landing | Two Bedroom | 2BR,2BA | $1.14 |
| Mallard Greens | March Forward With Unbeatable Offers...Call Now!! | 2BR,1BA | $1.33 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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
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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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
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 $553, 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 67 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 $688 which is $1,361 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

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.

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.