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$700 - $750
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1 Bedroom Apartment Available NowTotal Monthly Price
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$700 - $750
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$700 - $750
1527 Mechanicsville Tpke
1527 Mechanicsville TpkeRichmond, VA 23223
Cheap Apartments for Rent in the Fairfield Neighborhood of Richmond, VA from $500 (165 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairfield area of Richmond.
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$887
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$825
Required Monthly Fees
$62
Total Monthly Price
$887
1204 N 20th St, Unit Apt 2
1204 N 20th StRichmond, VA 23223
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$8871 Bedroom Apartments Available Now
1204 N 20th St, Unit Apt 1
1204 N 20th StRichmond, VA 23223
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$908 - $2,506
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$838 - $2,436
Required Monthly Fees
$70
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$908 - $2,506
American Tobacco Collection
119-121 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
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$926 - $2,335
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$926 - $2,335
Creighton Renaissance Apartments
3100 Purcell StRichmond, VA 23223
923 N 20th St
RichmondVA23223
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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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$1,007
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
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$945
Required Monthly Fees
$62
Total Monthly Price
$1,007
2016 Fairmount Ave, Unit Apt 2
2016 Fairmount AveRichmond, VA 23223
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$1,016 - $2,090
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$925 - $1,999
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The Masonry Apartments
2001 E Franklin StRichmond, 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 Jun 8Flats at 25th
2400 Fairmount AveRichmond, VA 23223
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$1,030 - $1,695
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1 to 3 Bedroom Apartments Available NowKings Point Apartments
3401 Prince David DrRichmond, 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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$1,071 - $2,366
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Attain
1903 E Marshall StRichmond, VA 23223
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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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Rent Specials
$1,080 - $1,131
Plus Fees12 Month Lease Term
Studio Apartments Available NowFlats at 14th
10 S 14th StRichmond, VA 23219
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$1,080
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2 Bedroom Apartments Available NowTotal Monthly Price
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$1,080
Total Monthly Price
$1,080
Townsend Square
2153 Cool LnRichmond, VA 23223
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$1,087 - $2,517
Plus Fees
Studio to 2 Bedroom Apartments Available NowResidences at the John Marshall
101 N 5th StRichmond, VA 23219
2420 Barton Ave
RichmondVA23222
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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$1,105 - $2,750
Plus Fees
1 to 3 Bedroom Apartments Available NowRiver Lofts at Tobacco Row
2 S 25th StRichmond, VA 23223
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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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$1,125 - $1,620
Plus Fees12 Month Lease Term
1 to 4 Bedroom Apartments Available NowJefferson Townhouses
1951 Venable StRichmond, VA 23223
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$1,130 - $1,180
Plus Fees
2 Bedroom Apartments Contact Us For Availability2400 Barton Ave
2400 Barton AveRichmond, VA 23222
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$1,130 - $1,429
Plus Fees
Studio to 1 Bedroom Apartments Available May 20The Corner Lofts
1323 1/2 E Main StRichmond, VA 23219
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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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$1,149 - $1,539
Plus Fees
1 Bedroom Apartments Available NowAtrium on Broad Apartments
115 E Broad StRichmond, VA 23219
2416 Barton Ave
RichmondVA23222
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$1,177
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Jul 8The Oliver
908 Oliver Hill WayRichmond, VA 23219
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$1,180 - $1,230
Plus Fees
2 Bedroom Apartments Contact Us For Availability1901-1915 Whitcomb
1901 Whitcomb StRichmond, VA 23223
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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$1,185 - $2,545
Plus Fees
1 to 3 Bedroom Apartments Available NowThe Overlook at City View
500 Bainbridge StRichmond, VA 23224
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$1,192 - $1,723
Plus Fees
1 to 2 Bedroom Apartments Available NowSouth Bank
307 Stockton StRichmond, VA 23224
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$1,195 - $1,895
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowSmokehouse Lofts
110-114 S 15th StRichmond, VA 23219
1007 N 25th St
RichmondVA23223
219 N 19th St, Unit 33
219 N 19th St
RichmondVA23223
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$1,1952 Bedroom Apartments Available Jul 1
1602 Magnolia St, Unit 3
1602 Magnolia StRichmond, VA 23222
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$1,199 - $2,049
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1 to 3 Bedroom Apartments Available NowShockoe Valley View
1904 Cedar StRichmond, VA 23223
3 N 18th St
RichmondVA23223
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$1,202 - $1,655
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1 to 2 Bedroom Apartments Available NowHopper Lofts
700 Everett StRichmond, VA 23224
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$1,205 - $1,255
Plus Fees
1 Bedroom Apartments Contact Us For Availability1710 Lofts
1710 E Franklin StRichmond, VA 23223
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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$1,219 - $1,444
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
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$1,219 - $1,444
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Varies
Pointe at River City
11 N Laburnum AveRichmond, VA 23223
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$1,219 - $1,279
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1 Bedroom Apartments Available NowMortons Apartments
213 E Broad StRichmond, VA 23219
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$1,221 - $2,721
Plus Fees
Studio to 2 Bedroom Apartments Available NowCentennial Terrace
507 E Main StRichmond, VA 23219
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$1,230 - $1,620
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1 to 2 Bedroom Apartments Available NowRailyard Flats
104 E 2nd StRichmond, VA 23224
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$1,249 - $2,549
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,099 - $2,399
Required Monthly Fees
$150
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$1,249 - $2,549
The Shockoe Collection
104 Shockoe SlipRichmond, VA 23219
1605 Hickory St
RichmondVA23222
1610 Fendall Ave
RichmondVA23222
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$1,250 - $2,392
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Studio to 2 Bedroom Apartments Available NowThe Current
400 Hull StRichmond, VA 23224
1731 E Main St
RichmondVA23223
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$1,255 - $3,109
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1 to 2 Bedroom Apartments Available NowCapitol Lofts
1001 E Main StRichmond, VA 23219
Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA
Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.
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 | $1,405 | $995 | $1,972 |
| Fairfield 1 Bedroom Apartments | $1,511 | $700 | $2,750 |
| Fairfield 2 Bedroom Apartments | $1,772 | $939 | $4,610 |
| Fairfield 3 Bedroom Apartments | $2,287 | $819 | $3,059 |
| Fairfield 4 Bedroom Apartments | $1,174 | $729 | $1,620 |
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 165 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
- Nearby Richmond neighborhoods
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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. Mallard Greens has the second lowest priced unit, which is a 2 Beds apartment currently listed from $935. 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 |
| Mallard Greens | 2 Reno | 2BR,1BA | $935 |
| Highland Terrace Apartments | 2-Bedroom | 2BR,2BA | $946 |
| Shockoe Center | SCenter-A3 | 1BR,1BA | $974 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| Dill Building | Dill-A1 | 1BR,1BA | $1,012 |
| Market Villas | 1 Bedroom 1 Bath - 41287 | 1BR,1BA | $1,021 |
| Kings Point Apartments | 1BR/1BA | 1BR,1BA | $1,030 |
| Green Park Apartments | 2 Bedroom | 2BR,1BA | $1,037 |
Best Value Apartments for Rent in Fairfield, VA
As of May 07, 2026 the best value apartment in the Fairfield area is the $0.97 price per square foot Canal 236 1 Bed Model at Lofts and Upper Lofts at Canal Walk - Canal I and Canal II in the in the Downtown Richmond neighborhood starting from $1,257. The second greatest value Fairfield apartment is the 2 Bedroom 2 Bath - 30004 Model at 10 Walnut Alley starting at $1,830 with a $1.46 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 1 Bed | 1BR,1BA | $0.97 |
| 10 Walnut Alley | 2 Bedroom 2 Bath - 30004 | 2BR,2BA | $1.46 |
| Townsend Square | Townhomes starting at $1080.00- Now Accepting A... | 2BR,1BA | $0.94 |
| 210 E Grace St | 2 Bed/2 Bath | 2BR,2BA | $1.35 |
| Consolidated | CO-B One Bedroom, One Bathroom | 1BR,1BA | $1.42 |
| Glenwood Ridge Apartments | 2 bedroom | 2BR,2BA | $1.13 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1.34 |
| Tobacco Landing | Two Bedroom | 2BR,2BA | $1.33 |
| Mallard Greens | 2bd/1bth | 2BR,1BA | $1.27 |
| 1527 Mechanicsville Tpke | 1527 Mechanicsville Tpke | 1BR,1BA | $1.25 |
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 $1,037.
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 $2,425.
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 139 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 $511 which is $1,914 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.
Articles, How-To's, and Tips
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.