
Cheap Apartments for Rent in the Hermitage Road Neighborhood of Richmond, VA from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Hermitage Road area of Richmond.


Canopy at Ginter Park Apartments

Bellevue

4306 Chamberlayne Ave

4032 Macarthur Ave

Ginter Place
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Bloom Apartments

Dwell Apartments

Legacy At Imperial Village

Ginger Manor Apartments

Red Oak Apartments

Azalea Apartments
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.
Hermitage Road, Richmond, VA Local Guide

How much does it cost to rent an apartment in Hermitage Road?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hermitage Road Studio Apartments | $1,161 | $835 | $1,600 |
| Hermitage Road 1 Bedroom Apartments | $1,487 | $875 | $1,846 |
| Hermitage Road 2 Bedroom Apartments | $2,054 | $1,125 | $2,839 |
| Hermitage Road 3 Bedroom Apartments | $1,528 | $1,528 | $1,528 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the Hermitage Road Neighborhood of Richmond, VA.
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Hermitage Road, Richmond, VA Local Guide
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Cheapest Available Hermitage Road Apartments for Rent
 The cheapest available apartment rental in the Hermitage Road area of Richmond, VA is a Studio unit found at Legacy at Imperial Village priced from $835. Bellevue has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,250. Here are the most affordable Hermitage Road apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Legacy at Imperial Village | Studio | Studio,1BA | $835 |
| Bellevue | Cambridge | 2BR,1BA | $1,250 |
| The Alder on Dabney | Cali | Studio,1BA | $1,600 |
| Canopy at Ginter Park Apartments | Agecroft | 1BR,1BA | $1,672 |
Best Value Apartments for Rent in Hermitage Road, VA
As of July 18, 2026 the best value apartment in the Hermitage Road area is the $1.59 price per square foot Cambridge Model at Bellevue in the in the Bellevue neighborhood starting from $1,250. The second greatest value Hermitage Road apartment is the Agecroft Model at Canopy at Ginter Park Apartments starting at $1,672 with a $2.66 price per square foot in the Bellevue neighborhood. Here is today’s list of the best values for Hermitage Road apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bellevue | Cambridge | 2BR,1BA | $1.59 |
| Canopy at Ginter Park Apartments | Agecroft | 1BR,1BA | $2.66 |
| Legacy at Imperial Village | One Bedroom One Bath Standard | 1BR,1BA | $1.94 |
| The Alder on Dabney | Cali | Studio ,1BA | $3.14 |
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.
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 Hermitage Road, Richmond, VA
School data provided by Great Schools
Frequently Asked Questions about Cheap Hermitage Road Apartments
What is a cheap apartment in Hermitage Road?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Hermitage Road is under $1,672.
What is the price of a cheap apartment in Hermitage Road?
The cheapest apartment in Hermitage Road is Legacy at Imperial Village which is listed at $1,085, while the average apartment in Hermitage Road costs $2,250.
What types of apartments are the cheapest in Hermitage Road?
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 24 regular apartments in Hermitage Road that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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 Expert's 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 Insider's 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.

Your Richmond Neighborhood Guide: Living Near the City's Top Employers
Written by: Richard Corrigan
Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.