Apartments for Rent in the Highland Terrace Neighborhood of Richmond, VA Under $1,500 (99 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!

Richmond’s Best Affordable Neighborhoods

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

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.

property at 1816 N 21st St

1816 N 21st St

RichmondVA23223
property at 1328 W Cary St

1328 W Cary St

RichmondVA23220
property at 3113 Lamb Ave

3113 Lamb Ave

RichmondVA23222

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 Highland Terrace

How much are Studio apartments in Highland Terrace?

There are currently 52 Studio Apartments in Highland Terrace with rent ranges from $850 to $3,116 with an average price of $1,195.

What is the current price range for One Bedroom Highland Terrace Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Highland Terrace ranges from $700 to $4,136 with an average monthly rent of $1,490.

What does renting a Two Bedroom Apartment in Highland Terrace cost?

The monthly rent prices of Two Bedroom Apartments currently available in Highland Terrace range from $939 to $5,056. Today's average rental price for Two Bedrooms here is $1,845.

How expensive are Highland Terrace Three Bedroom Apartments?

There are currently 79 Three Bedroom Apartments listings available in Highland Terrace on ApartmentHomeLiving.com. The pricing ranges from $879 to $4,050 - averaging $2,196 for the location.

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.