
Cheap Homes for Rent in Richmond, VA from $600 (63 Rentals)
Search the lowest-cost Homes available for rent right now in Richmond.


411 S Harrison St

603 Chamberlayne Pky

2400 Perry St

2500 Bainbridge St

24 Perry St

5741 Turkey Oak Rd

9999 Diane Ln

Total Monthly Price
1204 N 20th St, Unit Apt 1

9999 Diane Ln
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.

3709 Stockton St

422 W 27th St

5612 Crenshaw Rd

1208 Hull St, Unit 3

3124 Lanewood Dr

Total Monthly Price
3114 Barton Ave, Unit Apt B

610 Akron St

1822 Chicago Ave

712 N Arthur Ashe Blvd

6745 US-1
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.

2305 Alfalfa Ln

3209 3rd Ave

2315 Alfalfa Ln

2108 Phaup St

2100 Phaup St

2418 Perry St

Total Monthly Price
2016 Fairmount Ave, Unit Apt 2

1247 Nelson St, Unit B

808 Brook Hill Rd

302 Goshen St, Unit 106
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.

302 Goshen St, Unit 102

1229 Nelson St

5604 Crenshaw Rd

301 Goshen St

3503 Seminary Ave

Total Monthly Price
2572 Alcott Rd, Unit Apt A

Total Monthly Price
2572 Alcott Rd, Unit Apt A

3503 Bolling Rd

2514 Q St

Total Monthly Price
17 W Main St, Unit 203
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.

3210 Ellwood Ave, Unit D

4155 Richmond Hwy N

5439 Remuda Dr, Unit 2

5439 Remuda Dr

4173 Richmond Hwy

9000 Links Ln

3119 4th Ave

501 W Grace St, Unit B

1414 W Marshall St, Unit 502

123 E Broad St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Richmond, VA Local Guide

How much does it cost to rent a home in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richmond 2 Bedroom Homes for Rent | $1,821 | $900 | $4,500 |
| Richmond 3 Bedroom Homes for Rent | $2,306 | $650 | $4,250 |
| Richmond 4 Bedroom Homes for Rent | $2,748 | $725 | $6,300 |
| Richmond 5 Bedroom Homes for Rent | $3,630 | $2,395 | $5,850 |
Browse Top Homes for Rent in Richmond
Explore Richmond
Richmond, VA Local Guide
- Richmond Neighborhoods
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Cheapest Neighborhoods for Apartments in Richmond, VA
Pricing Updated: 06/22/2026Current apartment rentals in the Richmond, VA area range in price from $194 to $12,714 with an overall median price of $2,373. The three Richmond neighborhoods with the lowest median rent pricing are Chestnut Hill at $729, Petersburg Chesterfield at $194, and Jackson Ward at $725. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Richmond Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Chestnut Hill | $1,285 | $729 | 22 |
| Petersburg Chesterfield | $1,670 | $194 | 120 |
| Jackson Ward | $1,677 | $725 | 48 |
| Petersburg Colonial Heights | $1,750 | $942 | 41 |
| Monroe Ward | $1,781 | $1,100 | 65 |
| Forest Hill | $1,800 | $725 | 217 |
| North Highland Park | $1,800 | $675 | 214 |
| Hioaks | $1,813 | $895 | 238 |
| Warwick | $1,813 | $819 | 219 |
| Worthington | $1,813 | $940 | 205 |
Cheapest Available Richmond Apartments for Rent
 The cheapest available apartment rental in Richmond, VA is a 1 Bed unit found at Liberty Gardens in the Four Mile Run neighborhood priced from $566. Manchester Grand Apartments in the Old South neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. Here is today’s list of the most affordable Richmond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Liberty Gardens | 1 bedroom 30% | 1BR,1BA | $566 |
| Manchester Grand Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $770 |
| Townhouses of Chesterfield II | Magnolia | Studio,1BA | $809 |
| Kingly Ones and Briarwood Court Apartments | 1 Bedroom | 1BR,1BA | $825 |
| Legacy at Imperial Village | Studio | Studio,1BA | $835 |
| Bloom Apartments II | 1Bed/1Bath: 463 sq ft | 1BR,1BA | $849 |
| Falling Creek Apartments | 1 Bedroom | 1BR,1BA | $892 |
| S Beulah Rd | Beulah Apartments | 1BR,1BA | $895 |
| The Residences of Westover Hills | 1BR 1BA Classic | 1BR,1BA | $895 |
| Oxford Square Apartments | 1 Beds, 1 Baths | 1BR,1BA | $895 |
Best Value Apartments for Rent in Richmond, VA
As of June 23, 2026 the best value apartment in the Richmond area is the $0.20 price per square foot 3 Beds, 2 Baths Model at 1318 W. Broad St. in the in the Near West neighborhood starting from $1,995. The second greatest value Richmond apartment is the 2509 Seminary Ave Model at 2509 Seminary Ave, Unit # B starting at $1,395 with a $0.62 price per square foot in the Bellevue neighborhood. Here is today’s list of the best values for Richmond apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1318 W. Broad St. | 3 Beds, 2 Baths | 3BR,2BA | $0.20 |
| 2509 Seminary Ave, Unit # B | 2509 Seminary Ave | 2BR,1BA | $0.62 |
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.49 |
| 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 |
| Hatcher Tobacco Flats | 3X2 | 3BR,2BA | $1.17 |
| Glenwood Ridge Apartments | 2 bedroom | 2BR,2BA | $1.13 |
| City View Place | 2 Bedroom | 2BR,1BA | $1.18 |
| Belle Summit | Rainer | 2BR,2BA | $1.21 |
| Oxford Square Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.19 |
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 ArticleThe 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Richmond, VA Rentals by Map
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Richmond, VA Area Reviews
Robin
February 25, 2025All my life
Frequently Asked Questions about Richmond
What type of rentals are currently available in Richmond?
There are currently 1531 Apartments for Rent in Richmond, VA with pricing that ranges from $566 to $12,714. There are also 474 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $650 to $6,300.
What is the current price range for Rental Homes in Richmond?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Richmond ranges from $650 to $6,300 with an average monthly rent of $2,177.
How much are larger Three and Four Bedroom Rentals in Richmond?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Richmond range from $810 to $10,388, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $4,250. Four Bedroom Single-Family rentals are also available starting from $725 and Four Bedroom Apartments start at $725.
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.

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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.