Cheap Homes for Rent in Forest Hill Terrace Neighborhood of Richmond, VA from $700 (18 Rentals)

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

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.

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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.

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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.

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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
Southwood Apartments1 Bed, 1 bath1BR,1BA$955
Belle SummitRainer2BR,2BA$1,020
Meadow Creek ApartmentsOne Bedroom1BR,1BA$1,050

Best Value Apartments for Rent in Forest Hill Terrace, VA

As of July 08, 2025 the best value apartment in the Forest Hill Terrace area is the $1.39 price per square foot Berkley II Model at Townhouses of Chesterfield II in the in the Broad Rock neighborhood starting from $1,375. The second greatest value Forest Hill Terrace apartment is the 1X1 Model at The Arbors at Hull Street Senior Apartments starting at $1,238 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Townhouses of Chesterfield IIBerkley II2BR,1.5BA$1.39
The Arbors at Hull Street Senior Apartments1X11BR,1BA$1.32
3002 Semmes Ave, Unit Downstairs3002 Semmes Ave2BR,1BA$1.02
The BerkshireCherry1BR,1BA$1.31
Alexander at 1090Humboldt2BR,2BA$1.25
James River Pointe2 Bed/1 Bath- Phase 12BR,1BA$1.42
Belle SummitRainer2BR,2BA$1.21
Venus At Manchester Apartments2-Bedroom / 1-Bath2BR,1BA$1.50
Park Vue2 Bedroom Townhome2BR,1BA$1.50
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 $3,445. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Hill Terrace ranging from $790 to $3,550.

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 $790 to $3,550 with an average monthly rent of $2,200.

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 $2,794, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,645 to $3,550. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $2,395.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.