
Cheap Apartments for Rent in the Elkhardt Neighborhood of Richmond, VA from $700 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elkhardt area of Richmond.


Total Monthly Price
404 Rivertowne Apartment Homes

Total Monthly Price
Woodbriar Apartments

Total Monthly Price
Residence at Brookside

Total Monthly Price
James River Pointe

Brookmont

Urbana at Hioaks

Total Monthly Price
Rock Creek

THE CASCADE AT FOUNDRY CREEK
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

Total Monthly Price
Meadow Creek Apartments

The Arbors at Hull Street Senior Apartments

Total Monthly Price
Chesterfield Village

Total Monthly Price
Chesterfield Flats

Manchester Lake Townhomes

Shady Creek

The Point at Beaufont

Total Monthly Price
Cross Creek Apartments

Total Monthly Price
Belmont Hills Apartments
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.

Cloverleaf Lake Townhouse Apartments

2626 Wayside Dr

Reserve South

Total Monthly Price
Southwood Apartments

Sterling Beaufont

Foxwood

NOON Hioaks

Kingswood Cove

Forest Creek SR
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.

Birchwood at Boulders Apartments

5616 Kendall Rd

8145 Provincetown Dr

7843 Provincetown Dr

2336 Sara Ln

Element At Stonebridge

Boulders Lakeside

The James at Springline

3136 Parkdale Rd
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.

Boulders Lakeview Apartments
Elkhardt, Richmond, VA Local Guide

How much does it cost to rent an apartment in Elkhardt?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elkhardt 1 Bedroom Apartments | $1,526 | $940 | $2,234 |
| Elkhardt 2 Bedroom Apartments | $1,715 | $1,063 | $2,930 |
| Elkhardt 3 Bedroom Apartments | $1,981 | $1,359 | $3,740 |
Browse Apartments in this Neighborhood
There are currently 37 rentals with your search options within a 2 mile radius of the Elkhardt Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
Elkhardt, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Elkhardt Apartments for Rent
 The cheapest available apartment rental in the Elkhardt area of Richmond, VA is a 1 Bed unit found at 404 Rivertowne Apartment Homes priced from $813. NOON Hioaks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $977. Here are the most affordable Elkhardt apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 404 Rivertowne Apartment Homes | Brookline | 1BR,1BA | $813 |
| NOON Hioaks | The Apollo - 50% AMI | 1BR,1BA | $977 |
| Kingswood Cove | One Bedroom One Bath | 1BR,1BA | $995 |
| Woodbriar Apartments | 1x1 | 1BR,1BA | $1,041 |
| Brookmont | 2 Bedroom 1 Bath | 2BR,1BA | $1,149 |
| Urbana at Hioaks | 1 Bedroom | 1BR,1BA | $1,190 |
| THE CASCADE AT FOUNDRY CREEK | 1/1 Vista | 1BR,1BA | $1,208 |
| Chesterfield Village | Rochester | 1BR,1BA | $1,208 |
| The Arbors at Hull Street Senior Apartments | 1X1 | 1BR,1BA | $1,237 |
| Chesterfield Flats | A1 | 1BR,1BA | $1,309 |
Best Value Apartments for Rent in Elkhardt, VA
As of June 01, 2026 the best value apartment in the Elkhardt area is the $1.70 price per square foot Renovated Three Bedroom Townhome Model at Residence at Brookside in the in the Midlothian neighborhood starting from $1,838. The second greatest value Elkhardt apartment is the 2 BR Model at Cloverleaf Lake Townhouse Apartments starting at $1,675 with a $1.57 price per square foot in the Midlothian neighborhood. Here is today’s list of the best values for Elkhardt apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Residence at Brookside | Renovated Three Bedroom Townhome | 3BR,1.5BA | $1.70 |
| Cloverleaf Lake Townhouse Apartments | 2 BR | 2BR,1.5BA | $1.57 |
| The Arbors at Hull Street Senior Apartments | 1X1 | 1BR,1BA | $1.32 |
| Birchwood at Boulders Apartments | The Brookwood | 1BR,1BA | $1.70 |
| James River Pointe | 2 Bed/1.5 Bath- Phase 2 | 2BR,1.5BA | $1.61 |
| Brookmont | 2 Bedroom 1 Bath | 2BR,1BA | $1.38 |
| Shady Creek | Piney | 2BR,1BA | $1.76 |
| Urbana at Hioaks | 1 Bedroom | 1BR,1BA | $1.57 |
| Kingswood Cove | One Bedroom One Bath | 1BR,1BA | $1.63 |
| Woodbriar Apartments | 1x1 | 1BR,1BA | $1.86 |
Don'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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From 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 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 Elkhardt, Richmond, VA
School data provided by Great Schools
Frequently Asked Questions about Cheap Elkhardt Apartments
What is the price of a cheap apartment in Elkhardt?
The cheapest apartment in Elkhardt is 404 Rivertowne Apartment Homes which is listed at $813, while the average apartment in Elkhardt costs $1,838.
What types of apartments are the cheapest in Elkhardt?
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 24 regular apartments in Elkhardt 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 Elkhardt?
Cheap apartments in Elkhardt have an average cost of $150 which is $1,688 cheaper than the average rent for all rentals in Elkhardt.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.