Cheap Homes for Rent in Forest Hill Neighborhood of Richmond, VA from $700 (16 Rentals)

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

property at 815 Porter St

815 Porter St

RichmondVA23224

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 $900. Southwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $955. Here are the most affordable Forest Hill apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Towers on FranklinGoldStudio,1BA$900
Southwood Apartments1 Bed, 1 bath1BR,1BA$955
Ashton Square ApartmentsAshley1BR,1BA$975
Dogtown Apartments1 Bedroom Standard1BR,1BA$999
Belle SummitRainer2BR,2BA$1,020

Best Value Apartments for Rent in Forest Hill, VA

As of July 26, 2025 the best value apartment in the Forest Hill area is the $0.51 price per square foot 4x2 - Priced Per Bedroom Model at Marshall Park in the in the Downtown Richmond neighborhood starting from $750. The second greatest value Forest Hill apartment is the 2BR/2.0BA Model at Park Plaza @ Belvidere starting at $2,033 with a $1.45 price per square foot in the Downtown Richmond 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.
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.51
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.45
1300 Grove Ave, Unit 31300 Grove Ave2BR,1BA$1.17
Iron House Apartments3 Bedroom 2 Bath3BR,2BA$1.32
City View Place2 Bedroom Unit2BR,1.5BA$1.18
Alexander at 1090Humboldt2BR,2BA$1.25
Morningside ApartmentsWhite Oak Tax Credit2BR,1BA$1.51
Belle SummitRainer2BR,2BA$1.21
Venus At Manchester Apartments2-Bedroom / 1-Bath2BR,1BA$1.50
Park Vue2 Bedroom Townhome2BR,1BA$1.50

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Frequently Asked Questions about Forest Hill

What type of rentals are currently available in Forest Hill?

There are currently 357 Apartments for Rent in Forest Hill, VA with pricing that ranges from $629 to $3,650. There are also 92 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Hill ranging from $790 to $5,800.

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 $790 to $5,800 with an average monthly rent of $2,116.

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 $870 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $5,800. Four Bedroom Single-Family rentals are also available starting from $1,875 and Four Bedroom Apartments start at $750.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.