Cheap Apartments for Rent in the Ginter Park Terrace Neighborhood of Richmond, VA from $500 (105 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Ginter Park Terrace 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

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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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property at 1144 W Grace St

$1,195 - $1,695

1 Bedroom Rentals

Available Now

1144 W Grace St

RichmondVA23220

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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Ginter Park Terrace - One of the Best Affordable Neighborhoods in Richmond

Named as one of the Best Affordable Neighborhoods to rent in Richmond by our Local Expert Richard Corrigan. See how it ranks!

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Ginter Park Terrace, Richmond, VA Local Guide

Cheapest Available Ginter Park Terrace Apartments for Rent

 

The cheapest available apartment rental in the Ginter Park Terrace area of Richmond, VA is a Studio unit found at Legacy at Imperial Village priced from $835. Towers on Franklin has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Ginter Park Terrace apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Legacy at Imperial VillageStudioStudio,1BA$835
Towers on FranklinHarrisonStudio,1BA$850
Bloom Apartments II1Bed/1Bath: 456 sq ft1BR,1BA$899
North Oak ApartmentsOne Bedroom1BR,1BA$965
Van de VyverThe ReserveStudio,1BA$998
Eagle Mill Lofts1 bed 1bth1BR,1BA$1,000
Townsend SquareTownhomes starting at $1050.00- Now Accepting A...2BR,1BA$1,050
The Stables1 Bedroom 1 Bathroom1BR,1BA$1,055
Legacy ApartmentsOne Bedroom, One Bath1BR,1BA$1,085

Best Value Apartments for Rent in Ginter Park Terrace, VA

As of December 29, 2025 the best value apartment in the Ginter Park Terrace area is the $1.36 price per square foot The Overbrook Model at The Westbrook Townhomes at Brewers Row in the in the Bellevue neighborhood starting from $3,755. The second greatest value Ginter Park Terrace apartment is the Downtown Double Suite Model at The Berkshire starting at $2,700 with a $1.45 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Ginter Park Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Westbrook Townhomes at Brewers RowThe Overbrook3BR,2.5BA$1.36
The BerkshireDowntown Double Suite2BR,2BA$1.45
100 N Arthur Ashe Blvd3 Bed, 2 Bath3BR,2BA$1.39
2106 Parkwood Ave, Unit 12106 Parkwood Ave2BR,2BA$1.33
Jackson Street Lofts3BR/3.0BA3BR,3BA$1.47
Eagle Mill Lofts3bed 3bth3BR,3BA$1.44
Townsend SquareTownhomes starting at $1050.00- Now Accepting A...2BR,1BA$0.91
1322 W Broad St2 Bedroom 2 Bath - 190982BR,2BA$1.55
Marshall Street Apartments1BR/1.0BA1BR,1BA$1.25
4306 Chamberlayne Ave1 Beds, 1 Baths1BR,1BA$1.29

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
Ginter Park Terrace, Richmond, VA

Ranked #31

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
Ginter Park Terrace, Richmond, VA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Virginia including Ginter Park Terrace, Richmond, and the greater Richmond area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, places to raise kids, raising pets, transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Ginter Park Terrace Apartments

What is a cheap apartment in Ginter Park Terrace?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ginter Park Terrace is under $1,085.

What is the price of a cheap apartment in Ginter Park Terrace?

The cheapest apartment in Ginter Park Terrace is Bloom Apartments II which is listed at $899, while the average apartment in Ginter Park Terrace costs $2,050.

What types of apartments are the cheapest in Ginter Park Terrace?

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 145 regular apartments in Ginter Park Terrace 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 Ginter Park Terrace?

Cheap apartments in Ginter Park Terrace have an average cost of $660 which is $1,390 cheaper than the average rent for all rentals in Ginter Park Terrace.

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.

Articles, How-To's, and Tips

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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.