Cheap Apartments for Rent in the Fairfield Neighborhood of Richmond, VA from $500 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairfield area of Richmond.

923 N 20th St

Highland Terrace Apartments

The Masonry Apartments

Kings Point Apartments

Van de Vyver
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2105 Phaup St

Jefferson Townhouses

Linden at Highland Park

Pointe at River City

Flats at 25th

The Edison Apartments

927 N 20th St

Attain Shockoe

The Shockoe Collection
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210 E Grace St
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Carter Woods - 62 + Better Senior Community
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Lofts and Upper Lofts at Canal Walk III
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 | $1,258 | $864 | $2,005 |
Fairfield 1 Bedroom Apartments | $1,493 | $892 | $2,400 |
Fairfield 2 Bedroom Apartments | $1,743 | $799 | $3,635 |
Fairfield 3 Bedroom Apartments | $2,195 | $699 | $3,259 |
Fairfield 4 Bedroom Apartments | $2,722 | $599 | $5,949 |
Browse Apartments in this Neighborhood
There are currently 38 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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Kings Point Apartments | 1BR/1BA | 1BR,1BA | $990 |
The Masonry Apartments | Masonry BF-A1 | 1BR,1BA | $995 |
Van de Vyver | The Reserve | Studio,1BA | $998 |
The Lofts at Shockoe Slip | The Lofts at Shockoe Slip 316 | Studio,1BA | $999 |
Jefferson Townhouses | 1X1 | 1BR,1BA | $1,000 |
Linden at Highland Park | One Bedroom Apartment | 1BR,1BA | $1,002 |
Pointe at River City | Silver | 2BR,1BA | $1,024 |
Attain Shockoe | Granby | 1BR,1BA | $1,093 |
Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1,100 |
Mallard Greens | TWO 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Hydro | The Bay | 2BR,2BA | $1.41 |
Lofts and Upper Lofts at Canal Walk | Canal 236 2 Beds | Studio ,1BA | $1.27 |
Raven Place | B1.1 | 2BR,2BA | $1.47 |
Marshall Street Apartments | 1BR/1.0BA | 1BR,1BA | $1.38 |
Miller and Rhoads Residences | 1 Bedroom | 1BR,1BA | $1.43 |
The Hudson | The Perry | 1BR,1BA | $1.51 |
Mallard Greens | TWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH... | 2BR,1BA | $1.33 |
Pointe at River City | Diamond | 2BR,1BA | $1.40 |
Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1.42 |
Miller Lofts @ Plant Zero | 1 Bedroom 1 Bath | 1BR,1BA | $1.57 |
Quick 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.
Pet Friendly LifestyleFairfield, Richmond, VA
Ranked #30
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Fairfield, Richmond, VA
Martin Luther King Jr. Middle
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!
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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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