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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 $300 (144 Rentals)
Search the lowest-cost Apartments available for rent right now in the Highland Terrace area of Richmond.
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$810
Plus Fees12 Month Lease Term
3 Bedroom Apartments Contact Us For AvailabilityChesterfield Apartments
900 W Franklin StRichmond, VA 23220
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$8751 Bedroom Apartments Available Now
3916 Chamberlayne Ave, Unit 4A
3916 Chamberlayne AveRichmond, VA 23227
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$890
Plus Fees
4 Bedroom Apartments Available Aug 16Liberty Circle Apartments
1600 Monument AveRichmond, VA 23220
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$907
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$845
Required Monthly Fees
$62
Total Monthly Price
$907
3114 Barton Ave, Unit Apt B
3114 Barton AveRichmond, VA 23222
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$926 - $2,335
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$926 - $2,335
Total Monthly Price
$926 - $2,335
Creighton Renaissance Apartments
3100 Purcell StRichmond, VA 23223
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$998 - $1,489
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowVan de Vyver
713 N 1st StRichmond, VA 23219
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$999
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$999
Total Monthly Price
$999
1130 W Grace St
1130 W Grace StRichmond, VA 23220
3310 Barton Ave
RichmondVA23222
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$1,060
Plus Fees
Studio to 2 Bedroom Apartments Available NowSaddlewood Apartments & Townhomes
3801 Elfstone LnRichmond, VA 23223
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.
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$1,075 - $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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$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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$1,080
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,080
Total Monthly Price
$1,080
Townsend Square
2153 Cool LnRichmond, VA 23223
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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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Rent Specials
$1,100 - $1,850
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowEagle Mill Lofts
1418 W Marshall StRichmond, VA 23220
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Rent Specials
$1,116 - $2,919
Plus Fees
Studio to 3 Bedroom Apartments Available Jul 18The Mezzo Lofts
17 W Broad StRichmond, VA 23220
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$1,130 - $1,625
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available Aug 15Grace & Monroe Apartments
401 W Grace StRichmond, VA 23220
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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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Rent Specials
$1,135 - $2,139
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$990 - $1,994
Required Monthly Fees
$145
Total Monthly Price
$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
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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Rent Specials
$1,150 - $1,299
Plus Fees
2 Bedroom Apartments Available NowVictory at Edgewood
401 Winston StRichmond, VA 23222
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$1,164 - $1,750
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowMonroe Park Towers Apartments
520 W Franklin StRichmond, VA 23220
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$1,177
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityThe Concord Northside
710 W Fells StRichmond, VA 23222
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Rent Specials
$1,179 - $2,044
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Biggs Building
900 W Marshall StRichmond, VA 23220
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$1,190 - $1,625
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowDistrict Square Apartments
111-117 W Marshall StRichmond, VA 23220
421 W Grace St
RichmondVA23220
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$1,1952 Bedroom Apartments Available Aug 10
404 W Grace St, Unit 3
404 W Grace StRichmond, VA 23220
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$1,1952 Bedroom Apartments Available Jul 15
2603 5th Ave, Unit 2
2603 5th AveRichmond, VA 23222
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Rent Specials
$1,195 - $1,495
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $1,495
Total Monthly Price
$1,195 - $1,495
Franklin Street Apartments
311 W Franklin StRichmond, VA 23220
1607 Brookfield St
RichmondVA23222
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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$1,195 - $2,100
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowPark Northside Apartments
1603 Roane StRichmond, VA 23222
1608 Brookfield St
RichmondVA23222
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$1,199
Plus Fees
1 Bedroom Apartments Available NowMortons Apartments
213 E Broad StRichmond, VA 23219
3119 4th Ave
RichmondVA23222
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Rent Specials
$1,242 - $2,515
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,137 - $2,410
Required Monthly Fees
Varies
Total Monthly Price
Varies
Iron House Apartments
1309 W Broad StRichmond, VA 23220
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$1,245 - $3,324
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,175 - $3,254
Required Monthly Fees
$70
Total Monthly Price
$1,245 - $3,324
Spectrum Apartments
2017 Brook RdRichmond, VA 23220
1610 Fendall Ave
RichmondVA23222
1605 Hickory St
RichmondVA23222
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$1,250 - $2,200
Plus Fees
Studio to 3 Bedroom Apartments Available Jul 21Southern Stove Lofts
1215 Hermitage RdRichmond, VA 23220
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$1,250 - $1,625
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now1510 W. Broad Street
1510 W Broad StRichmond, VA 23220
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.
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$1,2502 Bedroom Apartments Available Aug 10
501 W Grace St, Unit B
501 W Grace StRichmond, VA 23220
104 Poe St
RichmondVA23222
417 Fritz St
RichmondVA23222
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$1,299 - $1,700
Plus Fees
1 Bedroom Apartments Available NowAtrium on Broad Apartments
115 E Broad StRichmond, VA 23219
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$1,325 - $1,700
Plus Fees1 Month Lease Term
1 to 2 Bedroom Apartments Available Jul 22Marshall Street Apartments
220 E Marshall StRichmond, VA 23219
9 Ainsworth Ln
RichmondVA23223
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$1,335 - $1,895
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowCary Belvidere Apartments
601 W Cary StRichmond, VA 23220
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$1,337 - $2,104
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,331 - $2,098
Required Monthly Fees
Varies
Total Monthly Price
Varies
Deco at CNB
219 E Broad StRichmond, VA 23219
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$1,350 - $1,450
Plus Fees
1 Bedroom Apartments Contact Us For Availability1005 Grove Ave Apartments
1005 Grove AveRichmond, VA 23220
421 W Grace St
RichmondVA23220
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.
Showing Results 1-50, Page 1 of 3
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 | $1,355 | $849 | $2,415 |
| Highland Terrace 1 Bedroom Apartments | $1,524 | $799 | $2,900 |
| Highland Terrace 2 Bedroom Apartments | $1,744 | $939 | $3,434 |
| Highland Terrace 3 Bedroom Apartments | $2,073 | $810 | $3,800 |
| Highland Terrace 4 Bedroom Apartments | $901 | $710 | $2,550 |
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 144 rentals with your search options within a 2 mile radius of the Highland Terrace Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
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 Bloom Apartments II priced from $799. Creighton Renaissance Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $926. Here are the most affordable Highland Terrace apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bloom Apartments II | 1Bed/1Bath: 456 sq ft | 1BR,1BA | $799 |
| Creighton Renaissance Apartments | One Bedroom - D | 1BR,1BA | $926 |
| 3618 Chamberlayne Ave | 1 Beds, 1 Baths | 1BR,1BA | $995 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
| Saddlewood Apartments & Townhomes | Studio | Studio,1BA | $1,060 |
| Linden at Highland Park | One Bedroom Apartment | 1BR,1BA | $1,075 |
| Townsend Square | Townhomes starting at $1080.00- Now Accepting A... | 2BR,1BA | $1,080 |
| Bellevue | Madison | 1BR,1BA | $1,095 |
Best Value Apartments for Rent in Highland Terrace, VA
As of July 14, 2026 the best value apartment in the Highland Terrace area is the $0.62 price per square foot 2509 Seminary Ave Model at 2509 Seminary Ave, Unit # B in the in the Bellevue neighborhood starting from $1,395. The second greatest value Highland Terrace apartment is the 2BR/2.0BA Model at Park Plaza @ Belvidere starting at $2,014 with a $1.44 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 | $0.62 |
| Park Plaza @ Belvidere | 2BR/2.0BA | 2BR,2BA | $1.44 |
| 16 W Broad St, Unit Apartment 1 | 16 W Broad St | 3BR,2BA | $1.36 |
| Townsend Square | Townhomes starting at $1080.00- Now Accepting A... | 2BR,1BA | $0.94 |
| 200 Minor Street Quad | 3 Beds, 1 Baths | 3BR,1BA | $1.18 |
| 210 E Grace St | 2 Bed/2 Bath | 2BR,2BA | $1.35 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1.32 |
| 1510 W. Broad Street | 1 Bedroom / 1 Bath - 599sqft | 1BR,1BA | $1.43 |
| Mallard Greens | Make Your Move This June to Mallard Greens!! | 2BR,1BA | $1.33 |
| 3618 Chamberlayne Ave | 1 Beds, 1 Baths | 1BR,1BA | $1.37 |
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 Article
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 #66
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
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 $1,095.
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 $799, while the average apartment in Highland Terrace costs $1,999.
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 107 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 $670 which is $1,329 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 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
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.