
Cheap Homes for Rent in Forest Hill Terrace Neighborhood of Richmond, VA from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Forest Hill Terrace area of Richmond.


2500 Bainbridge St

2500 Bainbridge St

416 June Dr
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.

2203 Dinwiddie Ave

1405 Winder St

3234 Kenyon Ave

701 Yorkshire Dr
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.
Forest Hill Terrace, Richmond, VA Local Guide

How much does it cost to rent a home in Forest Hill Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Forest Hill Terrace 2 Bedroom Homes for Rent | $1,440 | $1,395 | $1,550 |
| Forest Hill Terrace 3 Bedroom Homes for Rent | $2,083 | $1,550 | $2,800 |
| Forest Hill Terrace 4 Bedroom Homes for Rent | $2,186 | $1,595 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ashton Square Apartments | Ashley | 1BR,1BA | $975 |
| 404 Rivertowne Apartment Homes | Brookline | 1BR,1BA | $1,005 |
| Belle Summit | Rainer | 2BR,2BA | $1,020 |
Best Value Apartments for Rent in Forest Hill Terrace, VA
As of January 09, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Berkshire | Downtown Double Suite | 2BR,2BA | $1.45 |
| Townhouses of Chesterfield II | Wood II | 2BR,1.5BA | $1.14 |
| The Gardens at Manchester | Welcome home to The Gardens at Manchester: now ... | 3BR,2BA | $1.52 |
| 27th Townhomes | 2 Bedroom 1 Bath - 25813 | 2BR,1BA | $1.16 |
| Morningside Apartments | White Oak Tax Credit | 2BR,1BA | $1.51 |
| Belle Summit | Rainer | 2BR,2BA | $1.21 |
| Linden at Forest Hill | Two Bedroom | 2BR,1BA | $1.56 |
| Forest Square Apartments | 2 Bedroom 1 Bath - 30381 | 2BR,1BA | $1.53 |
| Park Vue | 2 Bedroom Townhome | 2BR,1BA | $1.51 |
| 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 #127
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Forest Hill Terrace, Richmond, VA
School data provided by Great Schools
Frequently Asked Questions about Forest Hill Terrace
What type of rentals are currently available in Forest Hill Terrace?
There are currently 147 Apartments for Rent in Forest Hill Terrace, VA with pricing that ranges from $715 to $2,800. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Hill Terrace ranging from $690 to $3,000.
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 $690 to $3,000 with an average monthly rent of $1,675.
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

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.

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.

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.