Cheap 1 Bedroom Apartments for Rent in the Highland Terrace Neighborhood of Richmond, VA from $700 (45 Rentals)

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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.

Highland 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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Dwell Apartments
1 Bedroom Apartments

Dwell Apartments

3505 Chamberlayne AveRichmond, VA 23227
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Claremont Apartments
1 Bedroom Apartments

Claremont Apartments

3902 Chamberlayne AveRichmond, VA 23227
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2910 Chamberlayne
1 Bedroom Apartments

2910 Chamberlayne

2907-2927 Chamberlayne AveRichmond, VA 23222
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Cedarwood Apartments
1 Bedroom Apartments

Cedarwood Apartments

3803 Chamberlayne AveRichmond, VA 23227
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Estratbrook North
1 Bedroom Apartments

Estratbrook North

3809 Chamberlayne AveRichmond, VA 23227
  • Utilities Included

Richmond’s Best Affordable Neighborhoods

Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

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Bloom Apartments
1 Bedroom Apartments

Bloom Apartments

4307 Chamberlayne AveRichmond, VA 23227
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Vista Buena Apartments
1 Bedroom Apartments

Vista Buena Apartments

3813-3816 Chamberlayne AveRichmond, VA 23227
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Richmond Arts
1 Bedroom Apartments

Richmond Arts

115 N 1st StRichmond, VA 23219
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2910 Chamberlayne Ave
1 Bedroom Apartments

2910 Chamberlayne Ave

2910 Chamberlayne AveRichmond, VA 23222
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The Rosa
1 Bedroom Apartments

The Rosa

744 N 2nd StRichmond, VA 23219
Senior Living
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North Oak Apartments
1 Bedroom Apartments

North Oak Apartments

617 W Laburnum AveRichmond, VA 23222
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Jernigin Hall
1 Bedroom Apartments

Jernigin Hall

314 W Grace StRichmond, VA 23220
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Eagle Mill Towers
1 Bedroom Apartments

Eagle Mill Towers

1414 W Marshall StRichmond, VA 23220
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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The Stables
1 Bedroom Apartments

The Stables

410 Hancock StRichmond, VA 23220
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Lincoln Mews
1 Bedroom Apartments

Lincoln Mews

4101 North AveRichmond, VA 23222
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Eagle Mill Apartments
1 Bedroom Apartments

Eagle Mill Apartments

1400 W Marshall StRichmond, VA 23220
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Pine Court I
1 Bedroom Apartments

Pine Court I

707 W Cary StRichmond, VA 23220
Student Housing
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Pine Court Apartments III
1 Bedroom Apartments

Pine Court Apartments III

723-725 W Cary StRichmond, VA 23220
Student Housing
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Pine Court II
1 Bedroom Apartments

Pine Court II

611 W Cary StRichmond, VA 23220
Student Housing
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Highland Terrace, Richmond, VA Local Guide

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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Getting Around the Highland Terrace Neighborhood in Richmond, VA

Walk Score®

67 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

37 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Highland Terrace Apartments

What is a cheap apartment in Highland Terrace?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Highland Terrace is under $1,145.

What is the price of a cheap apartment in Highland Terrace?

The cheapest apartment in Highland Terrace is Bloom Apartments II which is listed at $849, while the average apartment in Highland Terrace costs $3,400.

What types of apartments are the cheapest in Highland 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 112 regular apartments in Highland 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 Highland Terrace?

Cheap apartments in Highland Terrace have an average cost of $449 which is $2,951 cheaper than the average rent for all rentals in Highland Terrace.

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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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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.