Cheap Homes for Rent in East Neighborhood of Richmond, VA from $1,000 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in the East area of Richmond.

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.

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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East, Richmond, VA Local Guide

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 ListingModel NameBed/BathPriced From
New Manchester FlatsThe Bainbridge2BR,1BA$837
Jefferson Townhouses1X11BR,1BA$1,000
Cedar BroadA2b1BR,1BA$1,045
Townsend SquareTownhomes starting at $1050.00- Now Accepting A...2BR,1BA$1,050
Smokehouse Lofts1 Beds, 1 Baths1BR,1BA$1,060

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 ListingModel NameBed/BathPrice Per Sq.Ft.
HydroThe Bay2BR,2BA$1.41
Lofts and Upper Lofts at Canal WalkCanal 236 2 BedsStudio ,1BA$1.31
Raven PlaceB1.12BR,2BA$1.47
Townsend SquareTownhomes starting at $1050.00- Now Accepting A...2BR,1BA$0.91
ConsolidatedOne Bedroom, One Bathroom1BR,1BA$1.49
New Manchester FlatsThe Stockton2BR,2.5BA$1.53
Mallard GreensTWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH...2BR,1BA$1.33
The Corner Lofts - 1321 E. Main St.1BR/1.0BA1BR,1BA$1.50
Flats at 25thCompass1BR,1BA$1.64
Jefferson Townhouses1X11BR,1BA$1.68

Quick Rent Budget Calculator

How much rent can you afford?

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Frequently Asked Questions about East

What type of rentals are currently available in East?

There are currently 245 Apartments for Rent in East, VA with pricing that ranges from $829 to $3,596. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in East ranging from $1,050 to $3,500.

What is the current price range for Rental Homes in East?

Today's rental pricing for Homes for Rent, Condos and Townhomes in East ranges from $1,050 to $3,500 with an average monthly rent of $1,898.

How much are larger Three and Four Bedroom Rentals in East?

For those who are looking for larger living arrangements, Three Bedroom Apartments in East range from $1,395 to $2,469, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,589 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,725 and Four Bedroom Apartments start at $1,620.

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.

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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.

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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.

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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.

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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.