Cheap Apartments for Rent in the Fairfield Neighborhood of Richmond, VA from $500 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Fairfield area of Richmond.

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Jefferson Mews
1 to 3 Bedroom Apartments

Jefferson Mews

600 Jefferson AveRichmond, VA 23223
  • Utilities Included
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101 Poe St
2 Bedroom Apartments

101 Poe St

101 Poe StRichmond, VA 23222
  • Utilities Included
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Tracks at the Masonry
Studio to 2 Bedroom Apartments

Tracks at the Masonry

1716 E Cary StRichmond, VA 23223
  • Utilities Included
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Market Slip
1 to 2 Bedroom Apartments

Market Slip

2 S 17th StRichmond, VA 23219
  • Utilities Included

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The Rosa
1 Bedroom Apartments

The Rosa

744 N 2nd StRichmond, VA 23219
Senior Living
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501-503 E Main St
1 Bedroom Apartments

501-503 E Main St

501-503 E Main StRichmond, VA 23219
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Ashley Oaks Apartments
2 to 3 Bedroom Apartments

Ashley Oaks Apartments

1400 Jennie Scher RdRichmond, VA 23231
  • Utilities Included
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The Hill Building
Studio to 2 Bedroom Apartments

The Hill Building

114 Virginia StRichmond, VA 23219
  • Utilities Included
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Old Stone Row
1 to 2 Bedroom Apartments

Old Stone Row

2001 E Franklin StRichmond, VA 23223
  • Utilities Included

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Engine at The Masonry
1 to 2 Bedroom Apartments

Engine at The Masonry

2026 E Main StRichmond, VA 23223
  • Utilities Included

Fairfield, Richmond, VA Local Guide

Cheapest Available Fairfield Apartments for Rent

 

The cheapest available apartment rental in the Fairfield area of Richmond, VA is a 1 Bed unit found at Kings Point Apartments priced from $990. The Masonry Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Fairfield apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Kings Point Apartments1BR/1BA1BR,1BA$990
The Masonry ApartmentsMasonry BF-A11BR,1BA$995
Van de VyverThe ReserveStudio,1BA$998
The Lofts at Shockoe SlipThe Lofts at Shockoe Slip 316Studio,1BA$999
Jefferson Townhouses1X11BR,1BA$1,000
Linden at Highland ParkOne Bedroom Apartment1BR,1BA$1,002
Pointe at River CitySilver2BR,1BA$1,024
Attain ShockoeGranby1BR,1BA$1,093
Mortons Apartments1BR/1.0BA1BR,1BA$1,100
Mallard GreensTWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH...2BR,1BA$1,103

Best Value Apartments for Rent in Fairfield, VA

As of September 08, 2025 the best value apartment in the Fairfield 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 Fairfield 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 Fairfield 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$1.27
Raven PlaceB1.12BR,2BA$1.47
Marshall Street Apartments1BR/1.0BA1BR,1BA$1.38
Miller and Rhoads Residences1 Bedroom1BR,1BA$1.43
The HudsonThe Perry1BR,1BA$1.51
Mallard GreensTWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH...2BR,1BA$1.33
Pointe at River CityDiamond2BR,1BA$1.40
Mortons Apartments1BR/1.0BA1BR,1BA$1.42
Miller Lofts @ Plant Zero1 Bedroom 1 Bath1BR,1BA$1.57

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Fairfield, Richmond, VA

Ranked #30

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Fairfield, Richmond, and the greater Richmond area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, family-friendliness, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Fairfield Neighborhood in Richmond, VA

Walk Score®

34 / 100

Car-Dependent

Most errands require a car

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

Transit Score®

36 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Fairfield Apartments

What is a cheap apartment in Fairfield?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fairfield is under $1,103.

What is the price of a cheap apartment in Fairfield?

The cheapest apartment in Fairfield is Kings Point Apartments which is listed at $990, while the average apartment in Fairfield costs $2,218.

What types of apartments are the cheapest in Fairfield?

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 102 regular apartments in Fairfield 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 Fairfield?

Cheap apartments in Fairfield have an average cost of $908 which is $1,310 cheaper than the average rent for all rentals in Fairfield.

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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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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

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