603 Chamberlayne Pky
RichmondVA23220
Cheap Apartments for Rent in the Fairfield Neighborhood of Richmond, VA from $500 (171 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairfield area of Richmond.
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$845 - $3,339
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$838 - $3,332
Required Monthly Fees
$7
Total Monthly Price
$845 - $3,339
American Tobacco Collection
119-121 N 20th StRichmond, VA 23223
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$857
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$795
Required Monthly Fees
$62
Total Monthly Price
$857
1204 N 20th St, Unit Apt 1
1204 N 20th StRichmond, VA 23223
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$926 - $2,335
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$926 - $2,335
Total Monthly Price
$926 - $2,335
Creighton Renaissance Apartments
3100 Purcell StRichmond, VA 23223
923 N 20th St
RichmondVA23223
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$962
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$900
Required Monthly Fees
$62
Total Monthly Price
$962
3114 Barton Ave, Unit Apt B
3114 Barton AveRichmond, VA 23222
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$995 - $1,795
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Hill Building
114 Virginia StRichmond, VA 23219
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$998 - $1,489
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowVan de Vyver
713 N 1st StRichmond, VA 23219
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$1,000 - $1,620
Plus Fees12 Month Lease Term
1 to 4 Bedroom Apartments Available NowJefferson Townhouses
1951 Venable StRichmond, VA 23223
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$1,007
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$945
Required Monthly Fees
$62
Total Monthly Price
$1,007
2016 Fairmount Ave, Unit Apt 2
2016 Fairmount AveRichmond, VA 23223
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.
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$1,025 - $1,550
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowFlats at 25th
2400 Fairmount AveRichmond, VA 23223
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$1,030 - $1,695
Plus Fees
1 to 3 Bedroom Apartments Available NowKings Point Apartments
3401 Prince David DrRichmond, VA 23223
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$1,033 - $1,789
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Attain
1903 E Marshall StRichmond, VA 23223
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$1,037 - $1,986
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowGreen Park Apartments
2921 Woodcliff AveRichmond, VA 23222
927 N 20th St
RichmondVA23223
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$1,075 - $1,749
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowLinden at Highland Park
3462 Howard RdRichmond, VA 23223
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$1,080
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,080
Total Monthly Price
$1,080
Townsend Square
2153 Cool LnRichmond, VA 23223
3 N 18th St
RichmondVA23223
3415 Enslow Ave
RichmondVA23222
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$1,105 - $2,750
Plus Fees
1 to 3 Bedroom Apartments Available NowThe River Lofts at Tobacco Row
2 S 25th 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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$1,109 - $1,900
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowGlenwood Ridge Apartments
3801 Glenwood AveRichmond, VA 23223
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Rent Specials
$1,116 - $1,861
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,025 - $1,770
Required Monthly Fees
Varies
Total Monthly Price
Varies
The Masonry Apartments
2001 E Franklin StRichmond, VA 23223
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$1,130 - $1,180
Plus Fees
2 Bedroom Apartments Contact Us For Availability2400 Barton Ave
2400 Barton AveRichmond, VA 23222
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$1,131 - $1,346
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowMiller Lofts @ Plant Zero
500 Stockton StRichmond, VA 23224
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Rent Specials
$1,142 - $2,350
Plus Fees
1 to 2 Bedroom Apartments Available NowCapitol Lofts
1001 E Main StRichmond, VA 23219
1007 N 25th St
RichmondVA23223
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Rent Specials
$1,157 - $2,181
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Edison
700 E Franklin StRichmond, VA 23219
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Rent Specials
$1,165 - $1,420
Plus Fees
Studio to 1 Bedroom Apartments Available NowThe Corner Lofts
1323 1/2 E Main StRichmond, VA 23219
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$1,175 - $1,849
Plus Fees
1 to 2 Bedroom Apartments Available NowHopper Lofts
700 Everett StRichmond, VA 23224
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$1,177
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowThe Oliver
908 Oliver Hill WayRichmond, VA 23219
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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Rent Specials
$1,179 - $1,499
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,179 - $1,499
Total Monthly Price
Varies
Pointe at River City
11 N Laburnum AveRichmond, VA 23223
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Rent Specials
$1,180 - $1,230
Plus Fees
2 Bedroom Apartments Contact Us For Availability1901-1915 Whitcomb
1901 Whitcomb StRichmond, VA 23223
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Rent Specials
$1,180 - $1,605
Plus Fees
1 to 2 Bedroom Apartments Available NowRailyard Flats
104 E 2nd StRichmond, VA 23224
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$1,194 - $1,692
Plus Fees
1 to 2 Bedroom Apartments Available NowSouth Bank
307 Stockton StRichmond, VA 23224
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Rent Specials
$1,194 - $1,827
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,149 - $1,782
Required Monthly Fees
$45
Total Monthly Price
$1,194 - $1,827
Raven Place
1710 E Broad StRichmond, VA 23223
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$1,194 - $2,842
Plus Fees
Studio to 2 Bedroom Apartments Available NowResidences at the John Marshall
101 N 5th StRichmond, VA 23219
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Rent Specials
$1,195 - $1,895
Plus Fees
Studio to 2 Bedroom Apartments Available NowMain2525
2525 E Main StRichmond, VA 23223
1608 Brookfield St
RichmondVA23222
1607 Brookfield St
RichmondVA23222
3528 E Richmond Rd
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.
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$1,199 - $2,049
Plus Fees
1 to 3 Bedroom Apartments Available NowShockoe Valley View
1904 Cedar StRichmond, VA 23223
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Rent Specials
$1,199 - $2,295
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Hub Apartments
500 Maury StRichmond, VA 23224
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$1,200 - $1,799
Plus Fees
1 to 2 Bedroom Apartments Available Jun 26Cigar Lofts
331-333 Oliver Hill WayRichmond, VA 23219
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Rent Specials
$1,205 - $1,364
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowFlats at 14th
10 S 14th StRichmond, VA 23219
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Rent Specials
$1,224 - $1,424
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,224 - $1,424
Total Monthly Price
Varies
The Villas of Oakwood
3508 E Richmond RdRichmond, VA 23223
3119 4th Ave
RichmondVA23222
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$1,230 - $3,407
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,230 - $3,407
Total Monthly Price
$1,230 - $3,407
Lofts and Upper Lofts at Canal Walk III
10 S 20th StRichmond, VA 23223
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$1,246 - $2,879
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,246 - $2,879
Total Monthly Price
$1,246 - $2,879
The Trail Lofts
12 S 17th StRichmond, VA 23219
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$1,249 - $2,549
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,099 - $2,399
Required Monthly Fees
$150
Total Monthly Price
$1,249 - $2,549
The Shockoe Collection
104 Shockoe SlipRichmond, VA 23219
1610 Fendall Ave
RichmondVA23222
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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.
Fairfield, Richmond, VA Local Guide
How much does it cost to rent an apartment in Fairfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairfield Studio Apartments | $1,386 | $995 | $1,990 |
| Fairfield 1 Bedroom Apartments | $1,512 | $857 | $2,750 |
| Fairfield 2 Bedroom Apartments | $1,799 | $939 | $4,603 |
| Fairfield 3 Bedroom Apartments | $2,321 | $819 | $3,059 |
| Fairfield 4 Bedroom Apartments | $2,556 | $729 | $5,876 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 171 rentals with your search options within a 2 mile radius of the Fairfield Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
Fairfield, Richmond, VA Local Guide
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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 Creighton Renaissance Apartments priced from $926. Highland Terrace Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $946. Here are the most affordable Fairfield apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Creighton Renaissance Apartments | One Bedroom - D | 1BR,1BA | $926 |
| Highland Terrace Apartments | 2-Bedroom | 2BR,2BA | $946 |
| American Tobacco Collection | SCenter-A4 | 1BR,1BA | $962 |
| The Hill Building | Studio | Studio,1BA | $995 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| Kings Point Apartments | 1BR/1BA | 1BR,1BA | $1,030 |
| The Attain | Pocahontas | Studio,1BA | $1,033 |
| Green Park Apartments | 2 Bedroom | 2BR,1BA | $1,037 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 Studio | Studio,1BA | $1,068 |
| Linden at Highland Park | One Bedroom Apartment | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in Fairfield, VA
As of June 21, 2026 the best value apartment in the Fairfield area is the $1.28 price per square foot 2 Bedroom / 2 Bath - 914sqft Model at Marshall Street Apartments in the in the Downtown Richmond neighborhood starting from $1,599. The second greatest value Fairfield apartment is the Townhomes starting at $1080.00- Now Accepting A... Model at Townsend Square starting at $1,080 with a $0.94 price per square foot in the East neighborhood. Here is today’s list of the best values for Fairfield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Marshall Street Apartments | 2 Bedroom / 2 Bath - 914sqft | 2BR,2BA | $1.28 |
| 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 |
| 210 E Grace St | 2 Bed/2 Bath | 2BR,2BA | $1.35 |
| Main2525 | 1BR/1.0BA | 1BR,1BA | $1.34 |
| Flats at 25th | Elevation | 2BR,2BA | $1.41 |
| Glenwood Ridge Apartments | 2 bedroom | 2BR,2BA | $1.13 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1.41 |
| Tobacco Landing | Two Bedroom | 2BR,2BA | $1.33 |
| Mallard Greens | Make Your Move This June to Mallard Greens!! | 2BR,1BA | $1.33 |
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.
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The 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.
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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.
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Best Local Schools in Fairfield, 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
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!
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 $1,075.
What is the price of a cheap apartment in Fairfield?
The cheapest apartment in Fairfield is Creighton Renaissance Apartments which is listed at $926, while the average apartment in Fairfield costs $2,450.
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 117 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 $608 which is $1,842 cheaper than the average rent for all rentals in Fairfield.
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.
Your Richmond Neighborhood Guide: Living Near the City's Top Employers
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.
Articles, How-To's, and Tips
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
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.