
Cheap Homes for Rent in Gambles Hill Neighborhood of Richmond, VA from $700 (38 Rentals)
Search the lowest-cost Homes available for rent right now in the Gambles Hill area of Richmond.


1208 Hull St, Unit 3, Unit 3

1723 Blair St

1901 Fairmount Ave

2514 Q St

300 S Arthur Ashe Blvd, Unit 6

3210 Ellwood Ave, Unit D

3131 Hanover Ave

1400 Bainbridge St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

608 N Arthur Ashe Blvd, Unit 11

2111 Bainbridge St

301 Goshen St

1402 Bainbridge St

815 Porter St

9 S Brunswick St

600 N 32nd St

9 S Brunswick St

507 W Grace St, Unit A
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.

509 N 30th St

1514 Bainbridge St

Total Monthly Price
525 E Grace St, Unit 205

Total Monthly Price
525 E Grace St, Unit 203

421 W Grace St, Unit 100

Total Monthly Price
2207 W Grace St, Unit Apt C

1601 Albany Ave

1020 W Franklin St, Unit 3

404 W Grace St, Unit 3
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.

3206 Ellwood Ave, Unit C

3212 Ellwood Ave, Unit A

1806 Mechanicsville Tpke

1521 Mechanicsville Tpke

2917 M St, Unit B

Total Monthly Price
525 E Grace St, Unit 102

709 1/2 W Clay St

516 N 3rd St

2208 Venable St
Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA
Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.

3009 Monument Ave

1112 E 16th St
Gambles Hill, Richmond, VA Local Guide

How much does it cost to rent a home in Gambles Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Gambles Hill 2 Bedroom Homes for Rent | $1,990 | $1,145 | $4,500 |
| Gambles Hill 3 Bedroom Homes for Rent | $2,653 | $1,495 | $3,950 |
| Gambles Hill 4 Bedroom Homes for Rent | $2,718 | $1,495 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 38 rentals with your search options within a 2 mile radius of the Gambles Hill Neighborhood of Richmond, VA.
Explore Richmond
Gambles Hill, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 American Tobacco Center priced from $890. Hatcher Tobacco Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $933. Here are the most affordable Gambles Hill apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| American Tobacco Center | Dill-A1 | 1BR,1BA | $890 |
| Hatcher Tobacco Flats | 1X1 | 1BR,1BA | $933 |
| The Attain | Capitol | Studio,1BA | $944 |
| Eagle Mill Lofts | 2bed 2bth | 2BR,2BA | $950 |
| New Manchester Flats | The Everett | 3BR,2BA | $950 |
| The Hill Building | Studio | Studio,1BA | $995 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $995 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
Best Value Apartments for Rent in Gambles Hill, VA
As of April 10, 2026 the best value apartment in the Gambles Hill area is the $0.66 price per square foot 2509 Seminary Ave Model at 2509 Seminary Ave, Unit # B in the in the Bellevue neighborhood starting from $1,475. The second greatest value Gambles Hill apartment is the 4x2 - Priced Per Bedroom Model at Marshall Park starting at $800 with a $0.54 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2509 Seminary Ave, Unit # B | 2509 Seminary Ave | 2BR,1BA | $0.66 |
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.54 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 1 Bed | 1BR,1BA | $1.00 |
| Trolley Lofts | 2 Bedroom / 2 Bath - 700sqft | 2BR,2BA | $1.20 |
| The Gardens at Manchester | Two Bedroom Two Bath Large Premier | 2BR,2BA | $1.23 |
| 27th Townhomes | 2 Bedroom 1 Bath - 46973 | 2BR,1BA | $1.26 |
| City View Place | 2 Bedroom Unit | 2BR,1.5BA | $1.18 |
| Tobacco Landing | Two Bedroom | 2BR,2BA | $1.14 |
| Belle Summit | Rainer | 2BR,2BA | $1.21 |
| 1527 Mechanicsville Tpke | 1527 Mechanicsville Tpke | 1BR,1BA | $1.17 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Best Local Schools in Gambles Hill, Richmond, VA
School data provided by Great Schools
Frequently Asked Questions about Gambles Hill
What type of rentals are currently available in Gambles Hill?
There are currently 888 Apartments for Rent in Gambles Hill, VA with pricing that ranges from $700 to $4,536. There are also 127 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gambles Hill ranging from $780 to $5,000.
What is the current price range for Rental Homes in Gambles Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Gambles Hill ranges from $780 to $5,000 with an average monthly rent of $2,220.
How much are larger Three and Four Bedroom Rentals in Gambles Hill?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Gambles Hill range from $779 to $3,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $3,950. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $729.
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.
Helpful Local Expert Guides

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.

Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters
Written by: Richard Corrigan
Richmond isn't always thought of as a college town, but there are actually several major colleges and universities here. One thing Richmond does get credit for—and rightfully so—is being a very neighborhood-friendly city.

Explore The River City Like a Local: The Insiders Guide to Renting in Richmond, VA
Written by: Richard Corrigan
Welcome to Richmond! For those unfamiliar, it’s Virginia’s state capitol, a city with a long and rich history, and—some might say—Virginia’s biggest small town. There’s a lot to love about living here.
Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.