
Cheap Apartments for Rent in the Forest Hill Terrace Neighborhood of Richmond, VA from $700 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Forest Hill Terrace area of Richmond.


Kingly Ones and Briarwood Court Apartments

Belle Summit

Total Monthly Price
3704 Chapel Dr, Unit B

Norcroft Townhomes-55 and older

Total Monthly Price
Woodbriar Apartments

404 W 27th St

Total Monthly Price
Villas at Cedarhurst
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.

Park at Forest Hill

The Berkshire

Park Vue

Forest Hill

James River Pointe

Total Monthly Price
The Residences of Westover Hills

Forest Square Apartments

2915 Hull Street Rd
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.

1209 Wallace St

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404 Rivertowne Apartment Homes

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2000 Riverside Apartments

1903 Grayland Ave

1905 Grayland Ave

Total Monthly Price
The Gardens at Manchester

2304 Riverside Dr

Total Monthly Price
Meadow Creek Apartments
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.

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The Crossings at Bramblewood Apartment Homes

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Ashton Square Apartments

The Arbors at Hull Street Senior Apartments

Westover Hills Townhomes

Manchester Grand Apartments

Southgate

1200 SEMMES Apartments

Riverside Apartments
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.

Linden At Forest Hill

408-410 Dobson St

Pine Court II

The Villas At Granby

Pine Court I

Victory Apartments

27th Townhomes

Pine Court Apartments III
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.

310 W 31st
Forest Hill Terrace, Richmond, VA Local Guide

How much does it cost to rent an apartment in Forest Hill Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Forest Hill Terrace Studio Apartments | $1,208 | $715 | $1,854 |
| Forest Hill Terrace 1 Bedroom Apartments | $1,362 | $825 | $2,500 |
| Forest Hill Terrace 2 Bedroom Apartments | $1,544 | $1,005 | $3,703 |
| Forest Hill Terrace 3 Bedroom Apartments | $1,873 | $1,178 | $3,480 |
Browse Apartments in this Neighborhood
There are currently 41 rentals with your search options within a 2 mile radius of the Forest Hill Terrace Neighborhood of Richmond, VA.
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Forest Hill Terrace, Richmond, VA Local Guide
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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 Kingly Ones and Briarwood Court Apartments priced from $825. Belle Summit has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,020. Here are the most affordable Forest Hill Terrace apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kingly Ones and Briarwood Court Apartments | 1 Bedroom | 1BR,1BA | $825 |
| Belle Summit | Rainer | 2BR,2BA | $1,020 |
| Villas at Cedarhurst | Studio 1 bath 531 sq. ft. | Studio,1BA | $1,053 |
| Park Vue | 2 Bedroom Townhome | 2BR,1BA | $1,084 |
| Forest Hill | 1b1b | 1BR,1BA | $1,099 |
| The Residences of Westover Hills | 1BR 1BA Renovated | 1BR,1BA | $1,119 |
| Forest Square Apartments | 2 Bedroom 1 Bath - 24214 | 2BR,1BA | $1,130 |
| Park at Forest Hill | Byrd | 1BR,1BA | $1,155 |
| 404 Rivertowne Apartment Homes | Brookline | 1BR,1BA | $1,173 |
Best Value Apartments for Rent in Forest Hill Terrace, VA
As of March 02, 2026 the best value apartment in the Forest Hill Terrace area is the $1.44 price per square foot Downtown Double Suite Model at The Berkshire in the in the Downtown Richmond neighborhood starting from $2,680. The second greatest value Forest Hill Terrace apartment is the Pine II Model at Townhouses of Chesterfield II starting at $1,470 with a $1.31 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Berkshire | Downtown Double Suite | 2BR,2BA | $1.44 |
| Townhouses of Chesterfield II | Pine II | 2BR,1.5BA | $1.31 |
| The Gardens at Manchester | Three Bedroom Two Bath C Premier | 3BR,2BA | $1.52 |
| The Arbors at Hull Street Senior Apartments | 1X1 | 1BR,1BA | $1.32 |
| Morningside Apartments | White Oak | 2BR,1BA | $1.54 |
| Belle Summit | Rainer | 2BR,2BA | $1.21 |
| Forest Square Apartments | 2 Bedroom 1 Bath - 24213 | 2BR,1BA | $1.50 |
| Park Vue | 2 Bedroom Townhome | 2BR,1BA | $1.51 |
| Kingly Ones and Briarwood Court Apartments | 1 Bedroom | 1BR,1BA | $1.38 |
| 3704 Chapel Dr, Unit B | 3704 Chapel Dr | 1BR,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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleThe 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 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.
Pet Friendly LifestyleForest Hill Terrace, Richmond, VA
Ranked #118
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Forest Hill Terrace, Richmond, VA
School data provided by Great Schools
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 $1,173.
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 $1,840.
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 59 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 $646 which is $1,194 cheaper than the average rent for all rentals in Forest Hill Terrace.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.