Cheap Homes for Rent in Forest Hill Terrace Neighborhood of Richmond, VA from $900 (16 Rentals)

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

property at 206 E 37th St

206 E 37th St

RichmondVA23224

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.

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.

Richmond’s Best Affordable Neighborhoods

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

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 $629. 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
Ashton Square ApartmentsAshley1BR,1BA$629
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$825
Park Vue1 Bedroom and 1 Bath - 687 Sq.Ft1BR,1BA$943
Southwood Apartments1 Bed, 1 bath1BR,1BA$1,010
Belle SummitRainer2BR,2BA$1,020

Best Value Apartments for Rent in Forest Hill Terrace, VA

As of May 23, 2025 the best value apartment in the Forest Hill Terrace area is the $1.23 price per square foot 2X1.5 Model at The Arbors at Hull Street Senior Apartments in the in the Midlothian neighborhood starting from $1,450. The second greatest value Forest Hill Terrace apartment is the Wood II Model at Townhouses of Chesterfield II starting at $1,195 with a $1.08 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 Arbors at Hull Street Senior Apartments2X1.52BR,1.5BA$1.23
Townhouses of Chesterfield IIWood II2BR,1.5BA$1.08
Venus At Manchester Apartments2 -Bedroom, 2-Bath2BR,2BA$1.20
The BerkshirePark1BR,1BA$1.34
Morningside ApartmentsWhite Oak Tax Credit2BR,1BA$1.45
James River Pointe2 Bed/1 Bath- Phase 12BR,1BA$1.42
Belle SummitRainer2BR,2BA$1.21
Woodbriar Apartments2x1.52BR,1.5BA$1.59
Willow Oaks Apartments1BR/1.5BA1BR,1.5BA$1.57
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$1.38

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Frequently Asked Questions about Forest Hill Terrace

What type of rentals are currently available in Forest Hill Terrace?

There are currently 157 Apartments for Rent in Forest Hill Terrace, VA with pricing that ranges from $629 to $3,550. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Hill Terrace ranging from $975 to $3,800.

What is the current price range for Rental Homes in Forest Hill Terrace?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest Hill Terrace ranges from $975 to $3,800 with an average monthly rent of $2,359.

How much are larger Three and Four Bedroom Rentals in Forest Hill Terrace?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Forest Hill Terrace range from $984 to $3,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $3,800. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $2,595.

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.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.