
Cheap Homes for Rent in Forest Hill Neighborhood of Richmond, VA from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Forest Hill area of Richmond.


206 E 37th St

206 E 37th St

1208 Hull St, Unit 3

206 E 37th St

1806 Chicago Ave

1723 Blair 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.

7 W 13th St

404 W 27th St

3081 Maury St

2203 Dinwiddie Ave

1405 Winder St

2206 Parkwood Ave

701 Yorkshire Dr
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

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 | $1,784 | $995 | $2,700 |
| Forest Hill 3 Bedroom Homes for Rent | $2,390 | $1,600 | $4,999 |
| Forest Hill 4 Bedroom Homes for Rent | $2,565 | $1,695 | $5,000 |
| Forest Hill 5 Bedroom Homes for Rent | $2,900 | $2,850 | $2,950 |
Browse Homes for Rent in this Neighborhood
There are currently 14 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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Towers on Franklin | Harrison | Studio,1BA | $850 |
| Ashton Square Apartments | Ashley | 1BR,1BA | $975 |
| 404 Rivertowne Apartment Homes | Brookline | 1BR,1BA | $975 |
| Belle Summit | Rainer | 2BR,2BA | $1,020 |
| Woodbriar Apartments | 1x1 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Berkshire | Downtown Double Suite | 2BR,2BA | $1.45 |
| 2106 Parkwood Ave, Unit 1 | 2106 Parkwood Ave | 2BR,2BA | $1.33 |
| The Gardens at Manchester | Welcome home to The Gardens at Manchester: now ... | 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 |
| Villas at Cedarhurst | We Like Our Pricing How We Like Our Coffee: Str... | 1BR,1BA | $1.47 |
| Park Vue | 2 Bedroom Townhome | 2BR,1BA | $1.51 |
| 3704 Chapel Dr, Unit B | 3704 Chapel Dr | 1BR,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 #86
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 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

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.

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.

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.