
Cheap Homes for Rent in Fairfield Neighborhood of Richmond, VA from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Fairfield area of Richmond.


2603 5th Ave

2100 Phaup St

2514 Q St

219 N 19th St, Unit 33

3528 E Richmond Rd
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.

2308 Venable St

3503 Bolling Rd

3516 E Richmond Rd

3119 4th Ave

200 Minor St, Unit A

200 Minor St
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3303 Branch Ave
Fairfield, Richmond, VA Local Guide

How much does it cost to rent a home in Fairfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairfield 2 Bedroom Homes for Rent | $1,490 | $995 | $2,100 |
| Fairfield 3 Bedroom Homes for Rent | $2,186 | $1,295 | $3,100 |
| Fairfield 4 Bedroom Homes for Rent | $2,398 | $1,495 | $3,350 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Fairfield Neighborhood of Richmond, VA.
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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. 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 |
Best Value Apartments for Rent in Fairfield, VA
As of May 04, 2026 the best value apartment in the Fairfield area is the $0.96 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 $1,253. 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 | $0.96 |
| 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 | $1.14 |
| Mallard Greens | 2bd/1bth | 2BR,1BA | $1.27 |
| 1527 Mechanicsville Tpke | 1527 Mechanicsville Tpke | 1BR,1BA | $1.25 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleThe Ultimate Renter's Guide for Finding the Perfect Student Friendly Richmond Neighborhood to Rent
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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 Fairfield, Richmond, VA
Martin Luther King Jr. Middle
School data provided by Great Schools
Frequently Asked Questions about Fairfield
What type of rentals are currently available in Fairfield?
There are currently 362 Apartments for Rent in Fairfield, VA with pricing that ranges from $700 to $4,610. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairfield ranging from $895 to $3,350.
What is the current price range for Rental Homes in Fairfield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairfield ranges from $895 to $3,350 with an average monthly rent of $1,929.
How much are larger Three and Four Bedroom Rentals in Fairfield?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Fairfield range from $819 to $3,059, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $729.
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.
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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