Cheap Apartments for Rent in the Gambles Hill Neighborhood of Richmond, VA from $500 (232 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Gambles 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.

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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.

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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 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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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 1 Bed unit found at New Manchester Flats priced from $553. 2001 East has the second lowest priced unit, which is a Studio apartment currently listed from $804. Here are the most affordable Gambles Hill apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
New Manchester FlatsThe Decatur1BR,1BA$553
2001 EastStudio AStudio,1BA$804
Liberty Circle ApartmentsTHE HIGHLAND FLOOR PLAN - BEDROOM II4BR,2BA$820
Towers on FranklinGoldStudio,1BA$900
Hatcher Tobacco Flats1X11BR,1BA$933
The Mezzo LoftsMontage Gallery - StudiosStudio,1BA$970
The Masonry ApartmentsMasonry BF-A11BR,1BA$995
Van de VyverThe ReserveStudio,1BA$998
Eagle Mill Lofts1 bed 1bth1BR,1BA$1,000

Best Value Apartments for Rent in Gambles Hill, VA

As of November 06, 2025 the best value apartment in the Gambles Hill area is the $1.32 price per square foot The Overbrook Model at The Westbrook Townhomes at Brewers Row in the in the Bellevue neighborhood starting from $3,650. The second greatest value Gambles Hill apartment is the Canal 236 2 Beds Model at Lofts and Upper Lofts at Canal Walk starting at $1,651 with a $1.27 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.
The Westbrook Townhomes at Brewers RowThe Overbrook3BR,2.5BA$1.32
Lofts and Upper Lofts at Canal WalkCanal 236 2 BedsStudio ,1BA$1.27
Flats at 25thElevation2BR,2BA$1.41
Marshall Street Apartments1BR/1.0BA1BR,1BA$1.25
City View Place2 Bedroom Unit2BR,1.5BA$1.18
South Arthur1/11BR,1BA$1.41
Belle SummitRainer2BR,2BA$1.21
The Gardens at ManchesterHome So Good, It’s Scary: No tricks, just treat...2BR,1BA$1.40
Hatcher Tobacco Flats1X11BR,1BA$1.41
1527 Mechanicsville Tpke, Unit 11527 Mechanicsville Tpke1BR,1BA$1.17

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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
Gambles Hill, Richmond, VA

Ranked #2

Among cities in Virginia 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®

67 / 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 $1,000.

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

The cheapest apartment in Gambles Hill is New Manchester Flats which is listed at $553, while the average apartment in Gambles Hill costs $2,125.

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 393 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 $697 which is $1,428 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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.