
Cheap Homes for Rent in Forest Hill Neighborhood of Richmond, VA from $700 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Forest Hill area of Richmond.


115 E 14th St

24 th PERRY St

2500 Bainbridge St

2400 Perry St
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.

24 Perry St

2500 Bainbridge St

27 W 27th St

2500 Bainbridge St

1208 Hull St, Unit 3
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.

2203 Edwards Ave

1806 Chicago Ave

416 June Dr

301 Goshen St

501 W Grace St
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.

3207 Logandale Ave

3081 Maury St
Forest Hill, Richmond, VA Local Guide

How much does it cost to rent a home in Forest Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Forest Hill 2 Bedroom Homes for Rent | $1,763 | $995 | $2,500 |
| Forest Hill 3 Bedroom Homes for Rent | $2,231 | $1,325 | $4,950 |
| Forest Hill 4 Bedroom Homes for Rent | $2,621 | $1,999 | $5,000 |
| Forest Hill 5 Bedroom Homes for Rent | $3,300 | $2,850 | $3,750 |
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Forest Hill Neighborhood of Richmond, VA.
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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 Studio unit found at Towers on Franklin priced from $900. The Residences of Westover Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $935. Here are the most affordable Forest Hill apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Towers on Franklin | Harrison | Studio,1BA | $900 |
| The Residences of Westover Hills | 1BR 1BA Classic | 1BR,1BA | $935 |
| 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, VA
As of January 28, 2026 the best value apartment in the Forest Hill area is the $1.41 price per square foot 3BR/3.0BA Model at Park Plaza @ Belvidere in the in the Downtown Richmond neighborhood starting from $2,905. The second greatest value Forest Hill apartment is the 2BD 2BA Model at Model Tobacco Lofts starting at $1,790 with a $1.44 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 | 3BR/3.0BA | 3BR,3BA | $1.41 |
| Model Tobacco Lofts | 2BD 2BA | 2BR,2BA | $1.44 |
| The Berkshire | Clay | 1BR,1BA | $1.33 |
| Villas at Cedarhurst | You Bring the Couch — We’ll Keep It Simple. | 2BR,1.5BA | $1.51 |
| The Gardens at Manchester | Three Bedroom Two Bath C Premier | 3BR,2BA | $1.52 |
| 27th Townhomes | 2 Bedroom 1 Bath - 25813 | 2BR,1BA | $1.16 |
| City View Place | 2 Bedroom Unit | 2BR,1.5BA | $1.18 |
| Morningside Apartments | White Oak Tax Credit | 2BR,1BA | $1.51 |
| Belle Summit | Rainer | 2BR,2BA | $1.21 |
| Park Vue | 2 Bedroom Townhome | 2BR,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, Richmond, VA
Ranked #83
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
Frequently Asked Questions about Forest Hill
What type of rentals are currently available in Forest Hill?
There are currently 335 Apartments for Rent in Forest Hill, VA with pricing that ranges from $800 to $3,693. There are also 80 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Hill ranging from $730 to $5,000.
What is the current price range for Rental Homes in Forest Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest Hill ranges from $730 to $5,000 with an average monthly rent of $2,166.
How much are larger Three and Four Bedroom Rentals in Forest Hill?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Forest Hill range from $1,178 to $3,468, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,325 to $4,950. Four Bedroom Single-Family rentals are also available starting from $1,999 and Four Bedroom Apartments start at $800.
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.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.