Cheap Apartments for Rent in the Gambles Hill Neighborhood of Richmond, VA from $500 (204 Rentals)

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

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Richmond’s Best Affordable Neighborhoods

Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

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Navigating the Rental Market: Tips for First-Time Renters

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Gambles Hill, Richmond, VA Local Guide

Cheapest Available Gambles Hill Apartments for Rent

 

The cheapest available apartment rental in the Gambles Hill area of Richmond, VA is a 2 Beds unit found at New Manchester Flats priced from $837. Chesterfield Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $845. Here are the most affordable Gambles Hill apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
New Manchester FlatsThe Bainbridge2BR,1BA$837
Chesterfield ApartmentsTHE LINDEN FLOOR PLAN - SUITE III3BR,1BA$845
2001 EastA31BR,1BA$925
Eagle Mill Lofts2bed 1bth2BR,1BA$950
Miller Lofts @ Plant Zero1 Bedroom 1 Bath1BR,1BA$950
Van de VyverThe ReserveStudio,1BA$998
Dogtown Apartments1 Bedroom Standard1BR,1BA$999
District Square Apartments1Bd1Ba--5901BR,1BA$1,012
Belle SummitRainer2BR,2BA$1,020
City View Place2 Bedroom Unit2BR,1BA$1,056

Best Value Apartments for Rent in Gambles Hill, VA

As of June 01, 2025 the best value apartment in the Gambles Hill area is the $1.32 price per square foot 612 Hull St Model at 612 Hull St, Unit #302 in the in the Old South neighborhood starting from $2,500. The second greatest value Gambles Hill apartment is the 4x2 - Priced Per Bedroom Model at Marshall Park starting at $750 with a $0.51 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Gambles Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
612 Hull St, Unit #302612 Hull St1BR,2BA$1.32
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.51
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.34
Raven PlaceB1.12BR,2BA$1.47
The HudsonThe Belvidere2BR,1BA$1.26
1407 E Cary Street1 Beds, 1 Baths1BR,1BA$1.11
Miller Lofts @ Plant Zero2 Bedroom 2 Bath2BR,2BA$1.39
The BerkshirePark1BR,1BA$1.34
City View Place2 Bedroom Unit2BR,1.5BA$1.14
Belle SummitRainer2BR,2BA$1.21

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
Gambles Hill, Richmond, VA

Ranked #2

Among neighborhoods in Richmond, VA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Gambles Hill, Richmond, VA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Virginia including Gambles Hill, Richmond, and the greater Richmond area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Gambles Hill Neighborhood in Richmond, VA

Walk Score®

68 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

68 / 100

Bikeable

Some bike infrastructure

Transit Score®

57 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Gambles Hill Apartments

What is a cheap apartment in Gambles Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Gambles Hill is under $1,056.

What is the price of a cheap apartment in Gambles Hill?

The cheapest apartment in Gambles Hill is 2001 East which is listed at $925, while the average apartment in Gambles Hill costs $2,300.

What types of apartments are the cheapest in Gambles 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 215 regular apartments in Gambles 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 Gambles Hill?

Cheap apartments in Gambles Hill have an average cost of $476 which is $1,824 cheaper than the average rent for all rentals in Gambles Hill.

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.

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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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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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.