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$799 - $1,699
Plus Fees1 Month Lease Term
Studio to 3 Bedroom Apartments Available NowBloom Apartments II
3207 Chamberlayne AveRichmond, VA 23227
Cheap Apartments for Rent in the Highland Terrace Neighborhood of Richmond, VA from $395 (102 Rentals)
Search the lowest-cost Apartments available for rent right now in the Highland Terrace area of Richmond.
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$800
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$800
Total Monthly Price
$800
1527 Mechanicsville Tpke, Unit 1
1527 Mechanicsville TpkeRichmond, VA 23223
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$926 - $2,335
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$926 - $2,335
Total Monthly Price
$926 - $2,335
Creighton Renaissance Apartments
3100 Purcell StRichmond, VA 23223
4905 Chamberlayne Ave
RichmondVA23227
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$975 - $1,749
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowLinden at Highland Park
3462 Howard RdRichmond, VA 23223
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$995 - $2,195
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Studio to 3 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$995 - $2,195
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$995 - $2,195
T and E Apartments
1011 W Marshall StRichmond, VA 23220
2605 5th Ave
RichmondVA23222
421 W Grace St
RichmondVA23220
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$9952 Bedroom Apartments Available Now
2104 Phaup St, Unit D
2104 Phaup StRichmond, VA 23223
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$9951 Bedroom Apartments Available Sep 1
3012 Chamberlayne Ave, Unit 108
3012 Chamberlayne AveRichmond, VA 23227
The Richmond Renter's Guide to Living Near Work
Get the inside scoop on Richmond's most livable neighborhoods and find the perfect apartment close to where you work. Our local expert breaks it all down by the city's top employers like VCU Health and Costar.
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$998 - $1,242
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowVan de Vyver
713 N 1st StRichmond, VA 23219
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$1,009 - $1,699
Plus Fees
1 to 2 Bedroom Apartments Available NowMortons Apartments
213 E Broad StRichmond, VA 23219
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$1,075 - $1,750
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowEagle Mill Lofts
1418 W Marshall StRichmond, VA 23220
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$1,080
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
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$1,080
Total Monthly Price
$1,080
Townsend Square
2153 Cool LnRichmond, VA 23223
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$1,080 - $1,528
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowBellevue
3943-#1 Chamberlayne AveRichmond, VA 23227
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$1,081 - $2,700
Plus Fees
1 to 3 Bedroom Apartments Available NowThe Berkshire
300 W Franklin StRichmond, VA 23220
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$1,095Studio Apartments Available Now
302 Goshen St, Unit 106
302 Goshen StRichmond, VA 23220
1016 Park Ave
RichmondVA23220
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$1,0951 Bedroom Apartments Available Now
1318 W Broad St, Unit 404
1318 W Broad StRichmond, VA 23220
110 N Harrison St
RichmondVA23220
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.
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$1,103 - $1,350
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowMallard Greens
2852 Fairfield AveRichmond, VA 23223
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$1,130 - $1,180
Plus Fees
2 Bedroom Apartments Contact Us For Availability2400 Barton Ave
2400 Barton AveRichmond, VA 23222
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$1,135 - $2,139
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$990 - $1,994
Required Monthly Fees
$145
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$1,135 - $2,139
Towers on Franklin
104 W Franklin StRichmond, VA 23220
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$1,135 - $1,562
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowThe Foundry Apartments
946 Sledd StRichmond, VA 23220
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$1,140 - $2,102
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowHighland Terrace Apartments
1224 E Brookland Park BlvdRichmond, VA 23222
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$1,150 - $1,299
Plus Fees
2 Bedroom Apartments Available NowVictory at Edgewood
401 Winston StRichmond, VA 23222
308 W Broad St
RichmondVA23220
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$1,175 - $2,993
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,175 - $2,993
Total Monthly Price
$1,175 - $2,993
Spectrum Apartments
2017 Brook RdRichmond, VA 23220
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$1,179 - $2,044
Plus Fees
Studio to 2 Bedroom Apartments Contact Us For AvailabilityThe Biggs Building
900 W Marshall StRichmond, VA 23220
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$1,195 - $1,500
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now1510 W. Broad Street
1510 W Broad StRichmond, VA 23220
Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA
Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.
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$1,195 - $1,695
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,195 - $1,695
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$1,195 - $1,695
311 W. Franklin
311 W Franklin StRichmond, VA 23220
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$1,195 - $2,100
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowPark Northside Apartments
1603 Roane StRichmond, VA 23222
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$1,1952 Bedroom Apartments Available Now
1318 W Broad St, Unit 208
1318 W Broad StRichmond, VA 23220
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$1,196
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityThe Concord Northside
710 W Fells StRichmond, VA 23222
3119 4th Ave
RichmondVA23222
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$1,228 - $2,515
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,123 - $2,410
Required Monthly Fees
Varies
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Varies
Iron House Apartments
1309 W Broad StRichmond, VA 23220
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$1,247 - $3,332
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Mezzo Lofts
27 W Broad StRichmond, VA 23220
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$1,250 - $2,200
Plus Fees
Studio to 3 Bedroom Apartments Available NowSouthern Stove Lofts
1215 Hermitage RdRichmond, VA 23220
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$1,250 - $1,599
Plus Fees1 Month Lease Term
1 to 2 Bedroom Apartments Available NowMarshall Street Apartments
220 E Marshall StRichmond, VA 23219
4822 Chamberlayne Ave
RichmondVA23227
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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$1,250 - $1,260
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityGrace & Monroe Apartments
401 W Grace StRichmond, VA 23220
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$1,299 - $1,999
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,299 - $1,999
Total Monthly Price
$1,299 - $1,999
Coliseum Lofts
1335-1387 W Broad StRichmond, VA 23220
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$1,299
Plus Fees
1 Bedroom Apartments Available NowAtrium on Broad Apartments
115 E Broad StRichmond, VA 23219
1005 W Franklin St
RichmondVA23220
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Studio to 2 Bedroom Apartments
2910 Chamberlayne
2907-2927 Chamberlayne AveRichmond, VA 23222
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1 Bedroom Apartments
Claremont Apartments
3902 Chamberlayne AveRichmond, VA 23227
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1 Bedroom Apartments
Shockoe Hill Senior Apartments 62 plus*
206-210 Hospital StRichmond, VA 23219
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1 Bedroom Apartments
Cedarwood Apartments
3803 Chamberlayne AveRichmond, VA 23227
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1 Bedroom Apartments
Estratbrook North
3809 Chamberlayne AveRichmond, VA 23227
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1 to 3 Bedroom Apartments
The Planet Apartments
14 W Jackson StRichmond, VA 23220
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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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 | $1,313 | $849 | $2,050 |
| Highland Terrace 1 Bedroom Apartments | $1,489 | $799 | $2,900 |
| Highland Terrace 2 Bedroom Apartments | $1,743 | $939 | $3,466 |
| Highland Terrace 3 Bedroom Apartments | $2,025 | $819 | $3,800 |
| Highland Terrace 4 Bedroom Apartments | $1,119 | $710 | $1,265 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 102 rentals with your search options within a 2 mile radius of the Highland Terrace Neighborhood of Richmond, VA.
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Highland Terrace, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
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Cheapest Available Highland Terrace Apartments for Rent
The cheapest available apartment rental in the Highland Terrace area of Richmond, VA is a 1 Bed unit found at 11 E Broad St priced from $749. Bloom Apartments II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Highland Terrace apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 11 E Broad St | 1 Beds, 1 Baths | 1BR,1BA | $749 |
| Bloom Apartments II | 1Bed/1Bath: 456 sq ft | 1BR,1BA | $799 |
| 3618 Chamberlayne Ave | 1 Beds, 1 Baths | 1BR,1BA | $895 |
| Linden at Highland Park | One Bedroom Apartment | 1BR,1BA | $975 |
| Creighton Renaissance Apartments | One Bedroom - B | 1BR,1BA | $981 |
| 1128 W. Grace St.* | 1BR/1.0BA | 1BR,1BA | $995 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1,009 |
| The Jackson on Broad | 0 Bedroom 1 Bath - 77116 | Studio,1BA | $1,050 |
Best Value Apartments for Rent in Highland Terrace, VA
As of August 28, 2026 the best value apartment in the Highland Terrace area is the $0.59 price per square foot 2509 Seminary Ave Model at 2509 Seminary Ave, Unit # B in the in the Bellevue neighborhood starting from $1,325. The second greatest value Highland Terrace apartment is the Broad St W 200 - 202 Model at Broad St W 200 starting at $2,150 with a $1.30 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Highland Terrace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2509 Seminary Ave, Unit # B | 2509 Seminary Ave | 2BR,1BA | $0.59 |
| Broad St W 200 | Broad St W 200 - 202 | 3BR,2BA | $1.30 |
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.48 |
| Broadway Apartments | Two Bed Two Bath | 2BR,2BA | $1.25 |
| Oxford Square Apartments | 2 Beds, 1.5 Baths | 2BR,1.5BA | $0.91 |
| Townsend Square | Townhomes starting at $1080.00- Now Accepting A... | 2BR,1BA | $0.94 |
| The James | JAMES-2 | 2BR,2BA | $0.89 |
| Marshall Street Apartments | 1 Bedroom / 1 Bath - 632sqft | 1BR,1BA | $1.25 |
| Creighton Renaissance Apartments | One Bedroom - B | 1BR,1BA | $1.26 |
| 3618 Chamberlayne Ave | 1 Beds, 1 Baths | 1BR,1BA | $1.23 |
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 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.
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Pet Friendly LifestyleHighland Terrace, Richmond, VA
Ranked #63
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
Overby-Sheppard Elementary School
Richmond City Public Schools
Public School - Grades PK-5 (256)
3 out of 10
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, areas, and rental properties across Virginia and customized analysis for Central Richmond. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
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 $1,050.
What is the price of a cheap apartment in Highland Terrace?
The cheapest apartment in Highland Terrace is 11 E Broad St which is listed at $749, while the average apartment in Highland Terrace costs $1,500.
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 142 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 $724 which is $776 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.
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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.
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