Cheap Apartments for Rent in the Gilpin Neighborhood of Richmond, VA from $500 (176 Rentals)

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

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Towers on Franklin
$985 - $2,199
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850 - $2,064
Required Monthly Fees
$135

Total Monthly Price
$985 - $2,199
Studio to 2 Bedroom Apartments Available Now

Towers on Franklin

104 W Franklin StRichmond, VA 23220
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 1019 W Leigh St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available Now

1019 W Leigh St

RichmondVA23220

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.

property at 925 N 20th St

$925 - $995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom Rentals

Available Now

925 N 20th St

RichmondVA23223
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1130 W Grace St
$999
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$999

Total Monthly Price
$999
1 Bedroom Apartment Available Now

1130 W Grace St

1130 W Grace StRichmond, VA 23220
Furnished
  • Smoke Free
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1619 N 28th St
$1,000 - $2,400
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,000 - $2,400

Total Monthly Price
$1,000 - $2,400
1 Bedroom Apartments Available Now

1619 N 28th St

1619 N 28th StRichmond, VA 23223
Furnished
  • Verified
  • Utilities Included
  • Smoke Free
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Townsend Square
$1,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050
2 Bedroom Apartments Available Now

Townsend Square

2153 Cool LnRichmond, VA 23223
Cost Per Sq.Ft.
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 2121 W Cary St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 2 Bath Home for Rent

Available Jun 19

2121 W Cary St

RichmondVA23220
property at 927 N 20th St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Home for Rent

Available Now

927 N 20th St

RichmondVA23223

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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Coliseum Lofts
$1,082 - $2,825
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,070 - $2,813
Required Monthly Fees
$12

Total Monthly Price
$1,082 - $2,825
Studio to 3 Bedroom Apartments Available Now

Coliseum Lofts

1335-1387 W Broad StRichmond, VA 23220
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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The Masonry Apartments
Rent Specials
$1,086 - $2,340
Total Monthly Price

Total Monthly Price

Base Rent
$995 - $2,249
Required Monthly Fees
$91

Total Monthly Price
$1,086 - $2,340
Studio to 3 Bedroom Apartments Available Now

The Masonry Apartments

2001 E Franklin StRichmond, VA 23223
Student Housing
  • Verified
  • Customer Reviewed
  • Low Income
property at 2105 Phaup St

$1,099

Total Monthly Price

Total Monthly Price

Base Rent
$1,099

Total Monthly Price
$1,099

2 Bedroom, 1 Bath Home for Rent

Available Now

2105 Phaup St

RichmondVA23223

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.

property at 3208 Carolina Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

3208 Carolina Ave

RichmondVA23222
property at 1209 Wallace St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 To 3 Bedroom Rentals

Available Now

1209 Wallace St

RichmondVA23220

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.

property at 612 N 23rd St

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

1 Bedroom, 1 Bath Home for Rent

Available Now

612 N 23rd St

RichmondVA23223
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Hydro
Rent Specials
$1,192 - $3,261
Total Monthly Price

Total Monthly Price

Base Rent
$1,192 - $3,261

Total Monthly Price
$1,192 - $3,261
Studio to 2 Bedroom Apartments Available Now

Hydro

101 Manchester RdRichmond, VA 23224
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 1905 Grayland Ave

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Home for Rent

Available Now

1905 Grayland Ave

RichmondVA23220
property at 1508 Hickory St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Home for Rent

Available Now

1508 Hickory St

RichmondVA23222

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.

Gilpin, Richmond, VA Local Guide

Cheapest Available Gilpin Apartments for Rent

 

The cheapest available apartment rental in the Gilpin area of Richmond, VA is a 1 Bed unit found at Green Park Apartments priced from $874. Bloom Apartments II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Gilpin apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Green Park Apartments1 Bedroom1BR,1BA$874
Bloom Apartments II1Bed/1Bath: 456 sq ft1BR,1BA$899
Hatcher Tobacco Flats1X11BR,1BA$933
Highland Terrace Apartments2-Bedroom2BR,2BA$946
Towers on FranklinHarrisonStudio,1BA$985
Mortons Apartments1BR/1.0BA1BR,1BA$995
Van de VyverThe ReserveStudio,1BA$998
Eagle Mill Lofts1 bed 1bth1BR,1BA$1,000
Jefferson Townhouses1X11BR,1BA$1,000

Best Value Apartments for Rent in Gilpin, VA

As of February 21, 2026 the best value apartment in the Gilpin area is the $1.22 price per square foot Two Bed Two Bath Model at Broadway Apartments in the in the Downtown Richmond neighborhood starting from $1,663. The second greatest value Gilpin 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 Gilpin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Broadway ApartmentsTwo Bed Two Bath2BR,2BA$1.22
2106 Parkwood Ave, Unit 12106 Parkwood Ave2BR,2BA$1.33
110 E Cary St2 Beds 1 Bath2BR,1BA$1.35
Ascend RVA Student Living3X33BR,3BA$1.03
Townsend SquareTownhomes starting at $1050.00- Now Accepting A...2BR,1BA$0.91
209 E Main StUnit 208A2BR,1BA$1.36
Lofts and Upper Lofts at Canal Walk IIIOne Bedroom1BR,1BA$1.24
Highland Terrace Apartments2-Bedroom2BR,2BA$0.96
Marshall Street Apartments1 Bedroom 1 Bath - 360311BR,1BA$1.29
Belle SummitRainer2BR,2BA$1.21

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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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 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
Gilpin, Richmond, VA

Ranked #5

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Virginia including Gilpin, Richmond, and the greater Richmond area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

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

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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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.

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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

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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.

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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.

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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.

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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.