
Cheap Apartments for Rent in the Forest Hill Neighborhood of Richmond, VA from $700 (94 Rentals)
Search the lowest-cost Apartments available for rent right now in the Forest Hill area of Richmond.


2500 Bainbridge St

Belle Summit

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3704 Chapel Dr, Unit B

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The Residences of Westover Hills

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3809 McGuire Dr, Unit B

1208 Hull St, Unit 3

404 Rivertowne Apartment Homes

2418 Perry St

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Villas at Cedarhurst
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

The Ritz

Norcroft Townhomes-55 and older

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Woodbriar Apartments

Park at Forest Hill

The Berkshire

Park Vue

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T and E Apartments

302 Goshen St, Unit 102

302 Goshen St, Unit 106

Forest Hill
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.

Forest Square Apartments

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Towers on Franklin

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2000 Riverside Apartments

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700 West 44

Monroe Park Towers Apartments

The Biggs Building

Grace & Monroe Apartments

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17 W Main St, Unit 203

1 West Cary Apartments

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James River Pointe
Cash 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.

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Iron House Apartments

1209 Hull Street- Dogtown

1719 Blair St

501 W Grace St, Unit B

Willow Oaks Apartments

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805W Lofts

1204 Hull Street- Bean Building

1919 Lakeview Ave

Morningside Apartments

1124 Hull St
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.

Cary Belvidere Apartments

Link Apartments® Manchester

1005 Grove Ave Apartments

421 W Grace St, Unit 101

421 W Grace St, Unit 102

421 W Grace St

507 W Grace St, Unit C

9 S Brunswick St

400 W Grace St, Unit 3

308 W Broad St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $1,219 | $1,003 | $1,885 |
| Forest Hill 1 Bedroom Apartments | $1,501 | $856 | $2,900 |
| Forest Hill 2 Bedroom Apartments | $1,708 | $930 | $4,315 |
| Forest Hill 3 Bedroom Apartments | $1,787 | $810 | $2,775 |
| Forest Hill 4 Bedroom Apartments | $1,037 | $725 | $3,480 |
Browse Apartments in this Neighborhood
There are currently 94 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
- Nearby Richmond neighborhoods
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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. The Residences of Westover Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $905. 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 |
| The Residences of Westover Hills | 1BR 1BA Classic | 1BR,1BA | $905 |
| 404 Rivertowne Apartment Homes | Brookline | 1BR,1BA | $975 |
| Villas at Cedarhurst | What You See is What You Pay. | Studio,1BA | $1,003 |
| Belle Summit | Rainer | 2BR,2BA | $1,020 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
| Park Vue | 2 Bedroom Townhome | 2BR,1BA | $1,084 |
| The Mill at Manchester Lofts | 1 Bedroom 1 Bath - 19079 | 1BR,1BA | $1,085 |
| City View Place | 2 Bedroom | 2BR,1BA | $1,090 |
Best Value Apartments for Rent in Forest Hill, VA
As of June 18, 2026 the best value apartment in the Forest Hill area is the $1.43 price per square foot 2BR/2.0BA Model at Park Plaza @ Belvidere in the in the Downtown Richmond neighborhood starting from $2,004. The second greatest value Forest Hill apartment is the 2BD 2BA Model at Model Tobacco Lofts starting at $1,750 with a $1.30 price per square foot in the Old South neighborhood. 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. |
|---|---|---|---|
| Park Plaza @ Belvidere | 2BR/2.0BA | 2BR,2BA | $1.43 |
| Model Tobacco Lofts | 2BD 2BA | 2BR,2BA | $1.30 |
| 1103 W Franklin St | 3 Beds, 1.5 Baths | 3BR,1.5BA | $1.36 |
| 27th Townhomes | 2 Bedroom 1 Bath - 46973 | 2BR,1BA | $1.26 |
| City View Place | 2 Bedroom | 2BR,1BA | $1.18 |
| Morningside Apartments | White Oak Tax Credit | 2BR,1BA | $1.51 |
| Belle Summit | Rainer | 2BR,2BA | $1.21 |
| Forest Square Apartments | 2 Bedroom 1 Bath - 67289 | 2BR,1BA | $1.50 |
| Park Vue | 2 Bedroom Townhome | 2BR,1BA | $1.51 |
| 3809 McGuire Dr, Unit B | 3809 McGuire Dr | 2BR,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 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 #67
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
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 $1,090.
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 $1,800.
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 68 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 $506 which is $1,294 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

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.

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.

Explore The River City Like a Local: The Insiders 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 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.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.