Cheap Apartments for Rent in the Gilpin Neighborhood of Richmond, VA from $400 (101 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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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 Bloom Apartments II priced from $899. Towers on Franklin has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Gilpin apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Bloom Apartments II1Bed/1Bath: 456 sq ft1BR,1BA$899
Towers on FranklinGoldStudio,1BA$900
Eagle Mill Lofts2bed 1bth2BR,1BA$950
Van de VyverThe ReserveStudio,1BA$998
Jefferson Townhouses1X11BR,1BA$1,000
Attain ShockoeRiverstone1BR,1BA$1,006
The Foundry ApartmentsOne Bedroom1BR,1BA$1,013
Belle SummitRainer2BR,2BA$1,020
Cedar BroadA2b1BR,1BA$1,045
Coliseum LoftsE2.2Studio,1BA$1,049

Best Value Apartments for Rent in Gilpin, VA

As of July 24, 2025 the best value apartment in the Gilpin area is the $1.33 price per square foot 3317 Waverly Blvd Model at 3317 Waverly Blvd, Unit b in the in the Chestnut Hill neighborhood starting from $2,000. The second greatest value Gilpin 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 Gilpin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3317 Waverly Blvd, Unit b3317 Waverly Blvd3BR,2BA$1.33
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.51
HydroThe Bay2BR,2BA$1.41
Lofts and Upper Lofts at Canal WalkCanal 236 2 BedsStudio ,1BA$1.31
1300 Grove Ave, Unit 31300 Grove Ave2BR,1BA$1.17
1710 East Franklin Street1BR/1.0BA1BR,1BA$1.03
Townsend SquareTownhomes starting at $1050.00- Now Accepting A...2BR,1BA$0.91
Hatcher Tobacco Flats3X23BR,2BA$1.23
Highland Terrace Apartments2-Bedroom2BR,2BA$1.34
Belle SummitRainer2BR,2BA$1.21

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Gilpin, Richmond, VA

Ranked #4

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!

Getting Around the Gilpin Neighborhood in Richmond, VA

Walk Score®

67 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

57 / 100

Bikeable

Some bike infrastructure

Transit Score®

57 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Gilpin Apartments

What is a cheap apartment in Gilpin?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Gilpin is under $1,049.

What is the price of a cheap apartment in Gilpin?

The cheapest apartment in Gilpin is Bloom Apartments II which is listed at $899, while the average apartment in Gilpin costs $2,187.

What types of apartments are the cheapest in Gilpin?

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 243 regular apartments in Gilpin 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 Gilpin?

Cheap apartments in Gilpin have an average cost of $499 which is $1,688 cheaper than the average rent for all rentals in Gilpin.

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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