Cheap Apartments for Rent in the Forest Hill Terrace Neighborhood of Richmond, VA from $700 (40 Rentals)

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

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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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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Westover Hills Townhomes
1 to 2 Bedroom Apartments

Westover Hills Townhomes

600 Westover Hills BlvdRichmond, VA 23225
  • Utilities Included
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Southgate
1 to 3 Bedroom Apartments

Southgate

3430-3456 Maury StRichmond, VA 23224
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1200 SEMMES Apartments
Studio to 2 Bedroom Apartments

1200 SEMMES Apartments

1200 Semmes AveRichmond, VA 23224
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Linden At Forest Hill
1 to 2 Bedroom Apartments

Linden At Forest Hill

4000 Dunston AveRichmond, VA 23225
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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408-410 Dobson St
2 Bedroom Apartments

408-410 Dobson St

408-410 Dobson StRichmond, VA 23220
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Pine Court II
Studio to 3 Bedroom Apartments

Pine Court II

611 W Cary StRichmond, VA 23220
Student Housing
  • Utilities Included
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Pine Court I
Studio to 2 Bedroom Apartments

Pine Court I

707 W Cary StRichmond, VA 23220
Student Housing
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Victory Apartments
1 to 2 Bedroom Apartments

Victory Apartments

407 S Cherry StRichmond, VA 23220
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27th Townhomes
2 Bedroom Apartments

27th Townhomes

10 W 27th StRichmond, VA 23225
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Pine Court Apartments III
1 to 3 Bedroom Apartments

Pine Court Apartments III

723-725 W Cary StRichmond, VA 23220
Student Housing
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310 W 31st
1 to 3 Bedroom Apartments

310 W 31st

310 W 31st StreetRichmond, VA 23225
  • Utilities Included

Richmond’s Best Affordable Neighborhoods

Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

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Showing Results 1-40, Page 1 of 1

Forest Hill Terrace, Richmond, VA Local Guide

Cheapest Available Forest Hill Terrace Apartments for Rent

 

The cheapest available apartment rental in the Forest Hill Terrace area of Richmond, VA is a 1 Bed unit found at Ashton Square Apartments priced from $975. 404 Rivertowne Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,005. Here are the most affordable Forest Hill Terrace apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Ashton Square ApartmentsAshley1BR,1BA$975
404 Rivertowne Apartment HomesBrookline1BR,1BA$1,005
Belle SummitRainer2BR,2BA$1,020
The Gardens at ManchesterFeast Your Eyes on This Home Deal – Celebrate c...2BR,1BA$1,075
Park Vue2 Bedroom Townhome2BR,1BA$1,084
The Residences of Westover Hills1BR 1BA Renovated1BR,1BA$1,099
Townhouses of Chesterfield IIPine II2BR,1BA$1,110
Forest Square Apartments2 Bedroom 1 Bath - 242142BR,1BA$1,130

Best Value Apartments for Rent in Forest Hill Terrace, VA

As of January 10, 2026 the best value apartment in the Forest Hill Terrace area is the $1.45 price per square foot Downtown Double Suite Model at The Berkshire in the in the Downtown Richmond neighborhood starting from $2,700. The second greatest value Forest Hill Terrace apartment is the Wood II Model at Townhouses of Chesterfield II starting at $1,260 with a $1.14 price per square foot in the Broad Rock neighborhood. Here is today’s list of the best values for Forest Hill Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The BerkshireDowntown Double Suite2BR,2BA$1.45
Townhouses of Chesterfield IIWood II2BR,1.5BA$1.14
The Gardens at ManchesterWelcome home to The Gardens at Manchester: now ...3BR,2BA$1.52
27th Townhomes2 Bedroom 1 Bath - 258132BR,1BA$1.16
Morningside ApartmentsWhite Oak Tax Credit2BR,1BA$1.51
Belle SummitRainer2BR,2BA$1.21
Linden at Forest HillTwo Bedroom2BR,1BA$1.56
Forest Square Apartments2 Bedroom 1 Bath - 303812BR,1BA$1.53
Park Vue2 Bedroom Townhome2BR,1BA$1.51
3704 Chapel Dr, Unit B3704 Chapel Dr1BR,1BA$1.51

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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

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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.

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Pet Friendly Lifestyle
Forest Hill Terrace, Richmond, VA

Ranked #127

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Forest Hill Terrace, Richmond, VA

School data provided by Great Schools

Frequently Asked Questions about Cheap Forest Hill Terrace Apartments

How much is rent for a Cheap One Bedroom Forest Hill Terrace Apartment?

The lowest price for a Cheap One Bedroom Forest Hill Terrace Apartment is $975 at Ashton Square Apartments.

What is the lowest price for a Cheap Two Bedroom Forest Hill Terrace Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Forest Hill Terrace is starting from $1,005 at Kingly Ones and Briarwood Court Apartments.

What is the most affordable Forest Hill Terrace Three Bedroom Apartment?

The best deal on a cheap Forest Hill Terrace Three Bedroom Apartment rental is at The Gardens at Manchester and starts from $1,375.

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.

Articles, How-To's, and Tips

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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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.