
Cheap 2 Bedroom Apartments for Rent in the Highland Terrace Neighborhood of Richmond, VA from $939 (74 Rentals)


Green Park Apartments

Total Monthly Price
Townsend Square

3810 Chamberlayne Ave, Unit G

501 W Grace St, Unit A

Total Monthly Price
Creighton Renaissance Apartments

2400 Barton Ave

Bloom Apartments II

Linden at Highland Park

Victory at Edgewood
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.

2420 Barton Ave

1901-1915 Whitcomb

Park Northside Apartments

1608 Brookfield St

1607 Brookfield St

1602 Magnolia St, Unit 3

3119 4th Ave

1605 Hickory St

1610 Fendall Ave

501 W Grace St, Unit B
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

4029 Clinton Ave

Bellevue

417 Fritz St

Marshall Street Apartments

Sphere

Van de Vyver

Southern Stove Lofts

421 W Grace St, Unit 102

421 W Grace St, Unit 101

400 W Grace St, Unit 3
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.

507 W Grace St, Unit C

The Foundry Apartments

3212 Barton Ave

Total Monthly Price
2509 Seminary Ave, Unit # B

The Biggs Building

1611 Hickory St

421 W Grace St, Unit 100

210 E Grace St

The Mezzo Lofts

District Square Apartments
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.

404 W Grace St, Unit 3

Total Monthly Price
Coliseum Lofts

511 Ryland St

Oxford Square Apartments

Dwell Apartments

The Planet Apartments

4828 Chamberlayne Ave

101 Poe St

Highland Terrace Apartments

The Richmond Dairy Apartments
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.
Highland Terrace, Richmond, VA Local Guide

How much does it cost to rent an apartment in Highland Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Highland Terrace Studio Apartments | $1,282 | $849 | $2,249 |
| Highland Terrace 1 Bedroom Apartments | $1,479 | $849 | $3,099 |
Highland Terrace 2 Bedroom Apartments | $1,687 | $939 | $3,259 |
| Highland Terrace 3 Bedroom Apartments | $1,990 | $810 | $3,800 |
| Highland Terrace 4 Bedroom Apartments | $1,006 | $729 | $3,680 |
Explore Richmond
Highland Terrace, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
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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.
Pet Friendly LifestyleHighland Terrace, Richmond, VA
Ranked #59
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Highland Terrace, Richmond, VA
School data provided by Great Schools
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 $1,080.
What is the price of a cheap apartment in Highland Terrace?
The cheapest apartment in Highland Terrace is Highland Terrace Apartments which is listed at $946, while the average apartment in Highland Terrace costs $1,995.
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 90 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 $567 which is $1,428 cheaper than the average rent for all rentals in Highland 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.
Helpful Local Expert Guides

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.

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 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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.