
Cheap Apartments for Rent in the Forest Hill Neighborhood of Richmond, VA from $625 (111 Rentals)
Search the lowest-cost Apartments available for rent right now in the Forest Hill area of Richmond.


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Belle Summit

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3704 Chapel Dr, Unit B

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Villas at Cedarhurst

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The Residences of Westover Hills

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311 W. Franklin

311 W Franklin St

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T and E Apartments

7 W 13th St

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Norcroft Townhomes-55 and older
The Richmond Renter's Guide to Living Near Work
Get the inside scoop on Richmond's most livable neighborhoods and find the perfect apartment close to where you work. Our local expert breaks it all down by the city's top employers like VCU Health and Costar.

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404 Rivertowne Apartment Homes

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Park at Forest Hill

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Woodbriar Apartments

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Park Vue

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The Berkshire

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1209 Hull Street- Dogtown

110 N Harrison St

14 S Plum St

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Forest Hill

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1204 Hull Street- Bean Building
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Towers on Franklin

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Forest Square Apartments

1206 Park Ave

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700 West 44

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The Biggs Building

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1 West Cary Apartments

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The Gardens at Manchester

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James River Pointe

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The Corner Lofts

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2000 Riverside Apartments
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.

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Iron House Apartments

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Grace & Monroe Apartments

1124 Hull St

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Ashton Square Apartments

410 Dobson St

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The Jamestown

1005 W Franklin St

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Southwood Apartments

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Morningside Apartments

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Cary Belvidere Apartments
Richmond’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

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1005 Grove Ave Apartments

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1118 Grove Ave

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Model Tobacco Lofts

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Alexander at 1090

1622 Grove Ave

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Terraces at Manchester

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Link Apartments® Manchester

222 W 31st St

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One Canal Apartments

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The Carousel
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Forest Hill, Richmond, VA Local Guide

How much does it cost to rent an apartment in Forest Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Forest Hill Studio Apartments | $1,310 | $954 | $2,384 |
| Forest Hill 1 Bedroom Apartments | $1,495 | $856 | $2,547 |
| Forest Hill 2 Bedroom Apartments | $1,667 | $1,020 | $4,265 |
| Forest Hill 3 Bedroom Apartments | $1,828 | $1,178 | $4,555 |
| Forest Hill 4 Bedroom Apartments | $1,175 | $690 | $1,265 |
Browse Apartments in this Neighborhood
There are currently 111 rentals with your search options within a 2 mile radius of the Forest Hill Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
Forest Hill, Richmond, VA Local Guide
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Cheapest Available Forest Hill Apartments for Rent
 The cheapest available apartment rental in the Forest Hill area of Richmond, VA is a 1 Bed unit found at Manchester Grand Apartments priced from $770. 311 W. Franklin has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Forest Hill apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Manchester Grand Apartments | 1 Bedroom, 1 Bathroom | 1BR, 1BA | $770 |
| 311 W. Franklin | Harrison | Studio, 1BA | $995 |
| 1128 W. Grace St.* | 1BR/1.0BA | 1BR, 1BA | $995 |
| 404 Rivertowne Apartment Homes | Brookline | 1BR, 1BA | $1,010 |
| Belle Summit | Rainer | 2BR, 2BA | $1,020 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR, 1BA | $1,055 |
| Park Vue | 2 Bedroom Townhome | 2BR, 1BA | $1,077 |
| City View Place | 2 Bedroom | 2BR, 1BA | $1,084 |
| 1209 Hull Street- Dogtown | 1 Bedroom / 1 Bath - 453sqft | 1BR, 1BA | $1,095 |
| Forest Hill | 1b1b | 1BR, 1BA | $1,100 |
Best Value Apartments for Rent in Forest Hill, VA
As of September 19, 2026 the best value apartment in the Forest Hill area is the $1.04 price per square foot 3BR/2.0BA Model at W. Cary St. 1263 in the Near West neighborhood starting from $1,995. The second greatest value Forest Hill apartment is the Broad St W 200 - 202 Model at Broad St W 200 in the Downtown Richmond neighborhood starting at $2,150 with a $1.30 price per square foot. Here is today’s list of the best values for Forest Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| W. Cary St. 1263 | 3BR/2.0BA | 3BR, 2BA | $1.04 |
| Broad St W 200 | Broad St W 200 - 202 | 3BR, 2BA | $1.30 |
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR, 2BA | $0.46 |
| Townhomes at Warwick Place I | 3 Bedroom D | 3BR, 2BA | $0.82 |
| Model Tobacco Lofts | 1BD 1BA | 1BR, 1BA | $1.36 |
| 27th Townhomes | 2 Bedroom 1 Bath - 83115 | 2BR, 1BA | $1.33 |
| City View Place | 2 Bedroom | 2BR, 1BA | $1.17 |
| Belle Summit | Rainer | 2BR, 2BA | $1.21 |
| 1 West Cary Apartments | 1BR/1.0BA | 1BR, 1BA | $1.43 |
| 1128 W. Grace St.* | 1BR/1.0BA | 1BR, 1BA | $1.33 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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, Richmond, VA
Ranked #87
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Forest Hill, Richmond, VA
Westover Hills Elementary School
Lucille M. Brown Middle School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities and towns across the United States and customized analysis for Central Richmond. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and proximity to parks, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Forest Hill Apartments
What is a cheap apartment in Forest Hill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Forest Hill is under $1,100.
What is the price of a cheap apartment in Forest Hill?
The cheapest apartment in Forest Hill is Manchester Grand Apartments which is listed at $770, while the average apartment in Forest Hill costs $1,464.
What types of apartments are the cheapest in Forest Hill?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 138 regular apartments in Forest Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Forest Hill?
Cheap apartments in Forest Hill have an average cost of $644 which is $820 cheaper than the average rent for all rentals in Forest Hill.
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

Your Richmond Neighborhood Guide: Living Near the City's Top Employers
Written by: Richard Corrigan
Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.

Explore The River City Like a Local: The Insider's 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.

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.

A Local Expert's 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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.