Search the lowest-cost Apartments available for rent right now in the East area of Richmond.
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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.
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.
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.
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| East Studio Apartments | $1,208 | $966 | $1,827 |
| East 1 Bedroom Apartments | $1,405 | $887 | $2,750 |
| East 2 Bedroom Apartments | $1,706 | $1,007 | $3,273 |
| East 3 Bedroom Apartments | $2,030 | $1,327 | $2,750 |
| East 4 Bedroom Apartments | $3,165 | $1,620 | $5,876 |
There are currently 94 rentals with your search options within a 1 mile radius of the East Neighborhood of Richmond, VA.
See all Apartments in RichmondThe cheapest available apartment rental in the East area of Richmond, VA is a 1 Bed unit found at Creighton Renaissance Apartments priced from $926. American Tobacco Collection has the second lowest priced unit, which is a 1 Bed apartment currently listed from $962. Here are the most affordable East apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Creighton Renaissance Apartments | One Bedroom - D | 1BR,1BA | $926 |
| American Tobacco Collection | SCenter-A4 | 1BR,1BA | $962 |
| The Attain | Pocahontas | Studio,1BA | $966 |
| 1822 Williamsburg Rd | 2 Beds, 1 Baths | 2BR,1BA | $995 |
| The Hill Building | Studio | Studio,1BA | $995 |
| 2201-2231 Williamsburg Rd | 2 Beds, 1 Baths | 2BR,1BA | $995 |
| New Manchester Flats | The Decatur | 1BR,1BA | $999 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 Studio | Studio,1BA | $1,068 |
| Townsend Square | Townhomes starting at $1080.00- Now Accepting A... | 2BR,1BA | $1,080 |
| Mallard Greens | Make Your Move This June to Mallard Greens!! | 2BR,1BA | $1,103 |
As of June 18, 2026 the best value apartment in the East area is the $0.94 price per square foot Townhomes starting at $1080.00- Now Accepting A... Model at Townsend Square in the in the East neighborhood starting from $1,080. The second greatest value East apartment is the 3 Beds, 1 Baths Model at 200 Minor Street Quad starting at $1,295 with a $1.18 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. |
|---|---|---|---|
| Townsend Square | Townhomes starting at $1080.00- Now Accepting A... | 2BR,1BA | $0.94 |
| 200 Minor Street Quad | 3 Beds, 1 Baths | 3BR,1BA | $1.18 |
| Flats at 25th | Elevation | 2BR,2BA | $1.41 |
| Consolidated | CO-B One Bedroom, One Bathroom | 1BR,1BA | $1.42 |
| Glenwood Ridge Apartments | 2 bedroom | 2BR,2BA | $1.13 |
| Tobacco Landing | Two Bedroom | 2BR,2BA | $1.33 |
| 2200 Carrington St | 2 Beds, 2 Baths | 2BR,2BA | $1.61 |
| Mallard Greens | Make Your Move This June to Mallard Greens!! | 2BR,1BA | $1.33 |
| 1822 Williamsburg Rd | 2 Beds, 1 Baths | 2BR,1BA | $1.24 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 Studio | Studio ,1BA | $1.53 |
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 ArticleLearn about the best neighborhoods for student renters near Richmond Colleges and Universities by our Local Expert Richard Corrigan
Read ArticleFrom the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleThe 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.
If you’re an expert on all things East, tell us what you love (and don't) by rating it and writing a review.
Write a ReviewSchool data provided by Great Schools
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East is under $1,103.
The cheapest apartment in East is Creighton Renaissance Apartments which is listed at $926, while the average apartment in East costs $2,021.
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 83 regular apartments in East that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in East have an average cost of $878 which is $1,143 cheaper than the average rent for all rentals in East.
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.
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.
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.
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.
Written by: Richard Corrigan
Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
We'll check your East review to ensure it meets our Review Guidelines.
Thank you!
