
Cheap Apartments for Rent in the Highland Terrace Neighborhood of Richmond, VA from $300 (136 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Highland Terrace area of Richmond.


Southern Stove Lofts

1005 Grove Ave Apartments

1011 W Marshall St, Unit 212

417 Fritz St

The Penny at Jackson Ward

Marshall Street Apartments

Cary Belvidere Apartments

Sphere

Park Plaza @ Belvidere
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1510 W. Broad Street

507 W Grace St, Unit C

9 S Brunswick St

421 W Grace St, Unit 102

421 W Grace St, Unit 101

421 W Grace St

408 W Marshall St

400 W Grace St, Unit 3

308 W Broad St

3212 Barton Ave
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.

Total Monthly Price
2509 Seminary Ave, Unit # B

1611 Hickory St

421 W Grace St, Unit 100

210 E Grace St

10 S Randolph St

Total Monthly Price
Circ Apartments

Broadway Apartments

404 W Grace St, Unit 3

7 E Franklin St

511 Ryland St
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!

2910 Chamberlayne

Oxford Square Apartments

Claremont Apartments

Shockoe Hill Senior Apartments 62 plus*

Estratbrook North

Cedarwood Apartments

The Planet Apartments

Bloom Apartments

Vista Buena Apartments

Dwell Apartments
Richmond’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

Richmond Arts

4828 Chamberlayne Ave

2910 Chamberlayne Ave

101 Poe St

Jernigin Hall

The Richmond Dairy Apartments

Cornish Brewery Apartments

The Rosa

701 Saint James Street Apartments

Highland Terrace Apartments
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 |
Browse Apartments in this Neighborhood
There are currently 136 rentals with your search options within a 2 mile radius of the Highland Terrace Neighborhood of Richmond, VA.
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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 Bloom Apartments II which is listed at $849, 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.