
Cheap Apartments for Rent in the Forest Hill Terrace Neighborhood of Richmond, VA from $700 (79 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
404 Rivertowne Apartment Homes

Total Monthly Price
Villas at Cedarhurst

Norcroft Townhomes-55 and older

Total Monthly Price
The Residences of Westover Hills

Total Monthly Price
Woodbriar Apartments

Park at Forest Hill

The Berkshire
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.

Park Vue

Forest Hill

1106 W Main St

Forest Square Apartments

Total Monthly Price
James River Pointe

Total Monthly Price
700 West 44

311 W Franklin St, Unit 1105

Total Monthly Price
Meadow Creek Apartments

Total Monthly Price
2000 Riverside Apartments

The Arbors at Hull Street Senior Apartments
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.

1719 Blair St

1400 Bainbridge St

Willow Oaks Apartments

Morningside Apartments

Total Monthly Price
The Crossings at Bramblewood

Cary Belvidere Apartments

1721 Blair St

1402 Bainbridge St

9 S Brunswick St

Alexander at 1090
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.

1728 Claiborne St

Total Monthly Price
Ashton Square Apartments

Total Monthly Price
Model Tobacco Lofts

10 S Randolph St

The Westover

Colorado Manor Apartments

1707 Colorado Ave

LIV Lakeview

3151 Moody Ave

Total Monthly Price
The Jamestown
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.

Reserve South

112 S Laurel St, Unit B

Total Monthly Price
Southwood Apartments

Village at Westlake

1110 W Main St

1025 Bradley Ln

805W Lofts

Total Monthly Price
The Gardens at Manchester

2010 Maury St

223 S Cherry St, Unit 1E
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.
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 | $1,186 | $715 | $1,979 |
| Forest Hill Terrace 1 Bedroom Apartments | $1,365 | $825 | $2,499 |
| Forest Hill Terrace 2 Bedroom Apartments | $1,528 | $1,005 | $3,464 |
| Forest Hill Terrace 3 Bedroom Apartments | $1,850 | $1,178 | $3,001 |
| Forest Hill Terrace 4 Bedroom Apartments | $3,200 | $3,200 | $3,200 |
Browse Apartments in this Neighborhood
There are currently 79 rentals with your search options within a 2 mile radius of the Forest Hill Terrace Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
Forest Hill Terrace, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Manchester Grand Apartments priced from $770. Townhouses of Chesterfield II has the second lowest priced unit, which is a Studio apartment currently listed from $809. Here are the most affordable Forest Hill Terrace apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Manchester Grand Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $770 |
| Townhouses of Chesterfield II | Magnolia | Studio,1BA | $809 |
| 404 Rivertowne Apartment Homes | Brookline | 1BR,1BA | $813 |
| Kingly Ones and Briarwood Court Apartments | 1 Bedroom | 1BR,1BA | $825 |
| Villas at Cedarhurst | What You See is What You Pay. | Studio,1BA | $1,003 |
| Belle Summit | Rainer | 2BR,2BA | $1,020 |
| Woodbriar Apartments | 1x1 | 1BR,1BA | $1,041 |
| The Residences of Westover Hills | 1BR 1BA Renovated | 1BR,1BA | $1,045 |
| Park Vue | 2 Bedroom Townhome | 2BR,1BA | $1,084 |
| Forest Square Apartments | 2 Bedroom 1 Bath - 61418 | 2BR,1BA | $1,130 |
Best Value Apartments for Rent in Forest Hill Terrace, VA
As of June 01, 2026 the best value apartment in the Forest Hill Terrace area is the $1.26 price per square foot 2 Bedroom 1 Bath - 46973 Model at 27th Townhomes in the in the Old South neighborhood starting from $1,280. The second greatest value Forest Hill Terrace apartment is the 1X1 Model at The Arbors at Hull Street Senior Apartments starting at $1,237 with a $1.32 price per square foot in the Midlothian 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. |
|---|---|---|---|
| 27th Townhomes | 2 Bedroom 1 Bath - 46973 | 2BR,1BA | $1.26 |
| The Arbors at Hull Street Senior Apartments | 1X1 | 1BR,1BA | $1.32 |
| Alexander at 1090 | Humboldt | 2BR,2BA | $1.58 |
| Morningside Apartments | White Oak | 2BR,1BA | $1.54 |
| James River Pointe | 2 Bed/1.5 Bath- Phase 2 | 2BR,1.5BA | $1.61 |
| Belle Summit | Rainer | 2BR,2BA | $1.21 |
| Forest Square Apartments | 2 Bedroom 1 Bath - 47476 | 2BR,1BA | $1.50 |
| Park Vue | 2 Bedroom Townhome | 2BR,1BA | $1.51 |
| The Residences of Westover Hills | 1BR 1BA Renovated | 1BR,1BA | $1.61 |
| Kingly Ones and Briarwood Court Apartments | 1 Bedroom | 1BR,1BA | $1.38 |
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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 #105
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet 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 the Cheapest Studio apartment in Forest Hill Terrace?
Currently the most affordable Cheap Studio Apartment in Forest Hill Terrace is at Townhouses of Chesterfield II listed at $809.
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 $770 at Manchester Grand 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 700 West 44 and starts from $1,602.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.