Cheap Apartments for Rent in the Forest Hill Terrace Neighborhood of Richmond, VA from $700 (38 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Westover Hills Townhomes
1 to 2 Bedroom Apartments

Westover Hills Townhomes

600 Westover Hills BlvdRichmond, VA 23225
  • Utilities Included
close
View Me
1200 SEMMES Apartments
Studio to 2 Bedroom Apartments

1200 SEMMES Apartments

1200 Semmes AveRichmond, VA 23224
  • Utilities Included
close
View Me
Southgate
1 to 3 Bedroom Apartments

Southgate

3430-3456 Maury StRichmond, VA 23224
close
View Me
408-410 Dobson St
2 Bedroom Apartments

408-410 Dobson St

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

Pine Court II

611 W Cary StRichmond, VA 23220
Student Housing
  • Utilities Included
close
View Me
Pine Court Apartments III
Studio to 3 Bedroom Apartments

Pine Court Apartments III

723-725 W Cary StRichmond, VA 23220
Student Housing
  • Utilities Included
close
View Me
Pine Court I
Studio to 2 Bedroom Apartments

Pine Court I

707 W Cary StRichmond, VA 23220
Student Housing
  • Utilities Included
close
View Me
27th Townhomes
2 Bedroom Apartments

27th Townhomes

10 W 27th StRichmond, VA 23225
  • Utilities Included
close
View Me
Victory Apartments
1 to 2 Bedroom Apartments

Victory Apartments

407 S Cherry StRichmond, VA 23220
  • Utilities Included
  • Smoke Free
close
View Me
Hill Standard
1 to 2 Bedroom Apartments

Hill Standard

4910-4930 Forest Hill AveRichmond, VA 23225
close
View Me
310 W 31st
1 to 3 Bedroom Apartments

310 W 31st

310 W 31st StreetRichmond, VA 23225
  • Utilities Included
Showing Results 1-38, 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 Studio unit found at Townhouses of Chesterfield II priced from $799. Kingly Ones and Briarwood Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Forest Hill Terrace apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Townhouses of Chesterfield IITyler IIIStudio,1BA$799
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$825
Ashton Square ApartmentsAshley1BR,1BA$975
Belle SummitRainer2BR,2BA$1,020
Park at Forest HillByrd1BR,1BA$1,080
Park Vue2 Bedroom Townhome2BR,1BA$1,084
Venus At Manchester Apartments2 -Bedroom, 2-Bath2BR,2BA$1,095
Villas at CedarhurstLast-Minute Summer Move? We've Got You — No Hid...Studio,1BA$1,099
2000 Riverside ApartmentsTyler - StudioStudio,1BA$1,119

Best Value Apartments for Rent in Forest Hill Terrace, VA

As of October 10, 2025 the best value apartment in the Forest Hill Terrace area is the $1.33 price per square foot 2BR/2BA Model at Willow Oaks Apartments in the in the Midlothian neighborhood starting from $1,595. The second greatest value Forest Hill Terrace apartment is the Clay Model at The Berkshire starting at $1,600 with a $1.33 price per square foot in the Downtown Richmond 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.
Willow Oaks Apartments2BR/2BA2BR,2BA$1.33
The BerkshireClay1BR,1BA$1.33
Cary Belvidere ApartmentsTwo Beds2BR,2BA$1.48
Venus At Manchester Apartments2 -Bedroom, 2-Bath2BR,2BA$1.02
27th Townhomes2 Bedroom 1 Bath - 190332BR,1BA$1.11
Morningside ApartmentsHolly Oak Tax Credit2BR,1BA$1.46
James River Pointe2 Bed/1 Bath- Phase 32BR,1BA$1.40
Belle SummitRainer2BR,2BA$1.21
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$1.38
3704 Chapel Dr, Unit B3704 Chapel Dr1BR,1BA$1.49

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Forest Hill Terrace, Richmond, VA

Ranked #110

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Forest Hill Terrace, Richmond, VA

School data provided by Great Schools

Getting Around the Forest Hill Terrace Neighborhood in Richmond, VA

Walk Score®

73 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

61 / 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 Forest Hill Terrace Apartments

What is a cheap apartment in Forest Hill Terrace?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Forest Hill Terrace is under $1,119.

What is the price of a cheap apartment in Forest Hill Terrace?

The cheapest apartment in Forest Hill Terrace is Kingly Ones and Briarwood Court Apartments which is listed at $825, while the average apartment in Forest Hill Terrace costs $1,884.

What types of apartments are the cheapest in Forest Hill Terrace?

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 17 regular apartments in Forest Hill Terrace 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 Forest Hill Terrace?

Cheap apartments in Forest Hill Terrace have an average cost of $418 which is $1,466 cheaper than the average rent for all rentals in Forest Hill Terrace.

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.

decorative image for A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.