Cheap Homes for Rent in Forest Hill Neighborhood of Richmond, VA from $700 (14 Rentals)

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

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.

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.

Forest Hill, Richmond, VA Local Guide

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 $850. Ashton Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable Forest Hill apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Towers on FranklinHarrisonStudio,1BA$850
Ashton Square ApartmentsAshley1BR,1BA$975
404 Rivertowne Apartment HomesBrookline1BR,1BA$975
Belle SummitRainer2BR,2BA$1,020
Woodbriar Apartments1x11BR,1BA$1,024

Best Value Apartments for Rent in Forest Hill, VA

As of December 25, 2025 the best value apartment in the Forest Hill area is the $1.45 price per square foot Downtown Double Suite Model at The Berkshire in the in the Downtown Richmond neighborhood starting from $2,700. The second greatest value Forest Hill apartment is the 2106 Parkwood Ave Model at 2106 Parkwood Ave, Unit 1 starting at $1,795 with a $1.33 price per square foot in the Near West neighborhood. Here is today’s list of the best values for Forest Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The BerkshireDowntown Double Suite2BR,2BA$1.45
2106 Parkwood Ave, Unit 12106 Parkwood Ave2BR,2BA$1.33
The Gardens at ManchesterWelcome home to The Gardens at Manchester: now ...3BR,2BA$1.52
27th Townhomes2 Bedroom 1 Bath - 258132BR,1BA$1.16
City View Place2 Bedroom Unit2BR,1.5BA$1.18
Morningside ApartmentsWhite Oak Tax Credit2BR,1BA$1.51
Belle SummitRainer2BR,2BA$1.21
Villas at CedarhurstWe Like Our Pricing How We Like Our Coffee: Str...1BR,1BA$1.47
Park Vue2 Bedroom Townhome2BR,1BA$1.51
3704 Chapel Dr, Unit B3704 Chapel Dr1BR,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.

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The 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.

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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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The 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

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Quick 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.

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Pet Friendly Lifestyle
Forest Hill, Richmond, VA

Ranked #86

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Forest Hill

What type of rentals are currently available in Forest Hill?

There are currently 331 Apartments for Rent in Forest Hill, VA with pricing that ranges from $800 to $3,650. There are also 72 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Hill ranging from $750 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 $750 to $5,000 with an average monthly rent of $2,153.

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 $2,999, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $4,999. Four Bedroom Single-Family rentals are also available starting from $1,695 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.

Articles, How-To's, and Tips

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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.