Cheap Homes for Rent in Forest Hill Terrace Neighborhood of Richmond, VA from $900 (10 Rentals)

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

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.

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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.

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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 Studio unit found at Townhouses of Chesterfield II priced from $799. 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
Townhouses of Chesterfield IITyler IIIStudio,1BA$799
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$825
Ashton Square ApartmentsAshley1BR,1BA$975

Best Value Apartments for Rent in Forest Hill Terrace, VA

As of October 10, 2025 the best value apartment in the Forest Hill Terrace area is the $1.33 price per square foot 2BR/2BA Model at Willow Oaks Apartments in the in the Midlothian neighborhood starting from $1,595. The second greatest value Forest Hill Terrace apartment is the Clay Model at The Berkshire starting at $1,600 with a $1.33 price per square foot in the Downtown Richmond 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.
Willow Oaks Apartments2BR/2BA2BR,2BA$1.33
The BerkshireClay1BR,1BA$1.33
Cary Belvidere ApartmentsTwo Beds2BR,2BA$1.48
Venus At Manchester Apartments2 -Bedroom, 2-Bath2BR,2BA$1.02
27th Townhomes2 Bedroom 1 Bath - 190332BR,1BA$1.11
Morningside ApartmentsHolly Oak Tax Credit2BR,1BA$1.46
James River Pointe2 Bed/1 Bath- Phase 32BR,1BA$1.40
Belle SummitRainer2BR,2BA$1.21
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$1.38
3704 Chapel Dr, Unit B3704 Chapel Dr1BR,1BA$1.49

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Forest Hill Terrace, Richmond, VA

Ranked #110

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 151 Apartments for Rent in Forest Hill Terrace, VA with pricing that ranges from $715 to $3,284. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Hill Terrace ranging from $950 to $3,440.

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 $950 to $3,440 with an average monthly rent of $2,084.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.