Cheap Homes for Rent in Highland Terrace Neighborhood of Richmond, VA from $800 (36 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Highland Terrace area of Richmond.

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

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.

Read Article
property at 3105 2nd Ave

3105 2nd Ave

RichmondVA23222

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.

Read Article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Showing Results 1-36, Page 1 of 1

Highland Terrace, Richmond, VA Local Guide

Cheapest Available Highland Terrace Apartments for Rent

 

The cheapest available apartment rental in the Highland Terrace area of Richmond, VA is a 3 Beds unit found at Chesterfield Apartments priced from $807. Liberty Circle Apartments has the second lowest priced unit, which is a 4 Beds apartment currently listed from $820. Here are the most affordable Highland Terrace apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Chesterfield ApartmentsTHE MULBERRY FLOOR PLAN - SUITE II3BR,1BA$807
Liberty Circle ApartmentsTHE HIGHLAND FLOOR PLAN - BEDROOM II4BR,2BA$820
Bloom Apartments II1Bed/1Bath: 456 sq ft1BR,1BA$899
The Jackson on Broad0 Bedroom 1 Bath - 22288Studio,1BA$963
Creighton Renaissance ApartmentsOne Bedroom - B1BR,1BA$981
Van de VyverThe ReserveStudio,1BA$998
The Foundry ApartmentsOne Bedroom1BR,1BA$1,013
Mortons Apartments0BR/1.0BAStudio,1BA$1,015
Victory at Edgewood2 Bedroom 1 Bath Townhome - Classic2BR,1BA$1,050
The Stables1 Bedroom 1 Bathroom1BR,1BA$1,055

Best Value Apartments for Rent in Highland Terrace, VA

As of October 15, 2025 the best value apartment in the Highland Terrace area is the $1.32 price per square foot The Overbrook Model at The Westbrook Townhomes at Brewers Row in the in the Bellevue neighborhood starting from $3,650. The second greatest value Highland Terrace apartment is the 715 W Clay St Model at 715 W Clay St, Unit B starting at $2,195 with a $1.20 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Westbrook Townhomes at Brewers RowThe Overbrook3BR,2.5BA$1.32
715 W Clay St, Unit B715 W Clay St3BR,2BA$1.20
Jackson Street Lofts3BR/3.0BA3BR,3BA$1.47
The BerkshireClay1BR,1BA$1.33
Cary Belvidere ApartmentsTwo Beds2BR,2BA$1.48
Marshall Street Apartments1BR/1.0BA1BR,1BA$1.25
121 W Broad St2 Bedroom 2 Bath - 190392BR,2BA$1.40
4306 Chamberlayne Ave1 Beds, 1 Baths1BR,1BA$1.29
2400 Barton Ave2 Bedroom 1 Bath - 190452BR,1BA$1.32
Mallard GreensTWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH...2BR,1BA$1.33

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Highland Terrace, Richmond, VA

Ranked #52

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Highland Terrace, Richmond, VA

School data provided by Great Schools

Frequently Asked Questions about Highland Terrace

What type of rentals are currently available in Highland Terrace?

There are currently 403 Apartments for Rent in Highland Terrace, VA with pricing that ranges from $649 to $4,050. There are also 97 Single Family Homes for rent, Condos, and Townhome rentals currently available in Highland Terrace ranging from $850 to $5,400.

What is the current price range for Rental Homes in Highland Terrace?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Highland Terrace ranges from $850 to $5,400 with an average monthly rent of $2,137.

How much are larger Three and Four Bedroom Rentals in Highland Terrace?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Highland Terrace range from $739 to $4,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $649.

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.

decorative image for A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.