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Cheap Apartments for Rent in the East Neighborhood of Richmond, VA from $500 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the East area of Richmond.
923 N 20th St
RichmondVA23223
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Rent Specials
$925 - $1,709Studio to 3 Bedroom Apartments Available Now
The Masonry Apartments
2001 E Franklin StRichmond, VA 23223
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$940 - $2,4691 to 3 Bedroom Apartments Available Now
American Tobacco Center
119-121 N 20th StRichmond, VA 23223
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$979 - $1,6791 to 2 Bedroom Apartments Available Now
New Manchester Flats
715 E 4th StRichmond, VA 23224
2105 Phaup St
RichmondVA23223
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Rent Specials
$1,000 - $2,031Studio to 3 Bedroom Apartments Available Now
Attain Shockoe
1903 E Marshall StRichmond, VA 23223
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.
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$1,000 - $1,6201 to 4 Bedroom Apartments Available Now
Jefferson Townhouses
1951 Venable StRichmond, VA 23223
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$1,025 - $1,5501 to 2 Bedroom Apartments Contact Us For Availability
Flats at 25th
2400 Fairmount AveRichmond, VA 23223
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927 N 20th St
RichmondVA23223
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.
1816 E Franklin St
RichmondVA23223
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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.
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Cash 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.
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Studio to 2 Bedroom Apartments
Lofts and Upper Lofts at Canal Walk III
1901-1927 E Main StRichmond, VA 23223
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Showing Results 1-29, Page 1 of 1
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 | $1,200 | $864 | $2,005 |
| East 1 Bedroom Apartments | $1,459 | $892 | $2,400 |
| East 2 Bedroom Apartments | $1,645 | $999 | $3,199 |
| East 3 Bedroom Apartments | $2,006 | $1,395 | $3,773 |
| East 4 Bedroom Apartments | $3,784 | $1,620 | $5,949 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 1 mile radius of the East Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
East, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
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- Local Counties
- School Districts
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. The Masonry Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. 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 |
| The Masonry Apartments | Masonry TS-S1 | 1BR,1BA | $925 |
| Lofts and Upper Lofts at Canal Walk | Canal 236 1 Bed | 1BR,1BA | $985 |
| 1822 Williamsburg Rd | 2 Beds, 1 Baths | 2BR,1BA | $995 |
| The Lofts at Shockoe Slip | The Lofts at Shockoe Slip 316 | Studio,1BA | $999 |
| Jefferson Townhouses | 1X1 | 1BR,1BA | $1,000 |
| Attain Shockoe | Pocahontas | Studio,1BA | $1,045 |
| 1808 Williamsburg Rd | 1 Beds, 1 Baths | 1BR,1BA | $1,095 |
| Mallard Greens | TWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH... | 2BR,1BA | $1,103 |
| The Oliver | The Wonderland | 2BR,2BA | $1,177 |
Best Value Apartments for Rent in East, VA
As of September 11, 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 $1,835. The second greatest value East apartment is the Canal 236 2 Beds Model at Lofts and Upper Lofts at Canal Walk starting at $1,650 with a $1.27 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 | $1.27 |
| Raven Place | B1.1 | 2BR,2BA | $1.47 |
| Consolidated | One Bedroom, One Bathroom | 1BR,1BA | $1.46 |
| New Manchester Flats | The Stockton | 2BR,2.5BA | $1.53 |
| Smokehouse Lofts | 2 Beds, 2 Baths | 2BR,2BA | $1.61 |
| Mallard Greens | TWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH... | 2BR,1BA | $1.33 |
| 1822 Williamsburg Rd | 2 Beds, 1 Baths | 2BR,1BA | $1.24 |
| Flats at 14th | Studio | Studio ,1BA | $1.64 |
| The Lofts at Shiplock Watch | The Lofts at Shiplock Watch - 1BR x 1 Bath (144... | 1BR,1BA | $1.63 |
Quick Rent Budget Calculator
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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.
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Pet Friendly LifestyleEast, Richmond, VA
Ranked #74
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in East, Richmond, VA
Martin Luther King Jr. Middle
Richmond City Public Schools
Public School - Grades 6-8 (501)
3 out of 10
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 $1,177.
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 $3,784.
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 150 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 $1,272 which is $2,512 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.
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.