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$595Studio Apartments Available May 15
3012 Chamberlayne Ave, Unit 201A
3012 Chamberlayne AveRichmond, VA 23227
Cheap Homes for Rent in Richmond, VA from $700 (77 Rentals)
Search the lowest-cost Homes available for rent right now in Richmond.
600 Acreview Dr
Highland SpringsVA23075
2500 Bainbridge St
RichmondVA23225
5741 Turkey Oak Rd
RichmondVA23237
9999 Diane Ln
RichmondVA23227
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$8501 Bedroom Apartments Available Now
4908 Chamberlayne Ave, Unit B1
4908 Chamberlayne AveRichmond, VA 23227
3018 Columbia St
RichmondVA23234
400 Acreview Dr
HenricoVA23075
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$8801 Bedroom Apartments Available Now
1445 Avondale Woods Dr, Unit First Floor Room
1445 Avondale Woods DrBon Air, VA 23235
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$887
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$825
Required Monthly Fees
$62
Total Monthly Price
$887
1204 N 20th St, Unit Apt 2
1204 N 20th StRichmond, 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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$887
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$825
Required Monthly Fees
$62
Total Monthly Price
$887
1204 N 20th St, Unit Apt 1
1204 N 20th StRichmond, VA 23223
6400 S Beulah Rd
RichmondVA23234
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$8951 Bedroom Apartments Available Now
6100 Strathmore Rd, Unit 52
6100 Strathmore RdRichmond, VA 23234
9999 Diane Ln
RichmondVA23227
1208 Hull St, Unit 3, Unit 3
1208 Hull St
RichmondVA23224
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$9691 Bedroom Apartments Available Now
3916 Chamberlayne Ave, Unit 4A
3916 Chamberlayne AveRichmond, VA 23227
2418 Perry St
RichmondVA23225
2100 Phaup St
RichmondVA23223
2201 Williamsburg Rd
HenricoVA23231
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$9951 Bedroom Apartments Available Now
11200 US-1, Unit 20
11200 US-1Chester, VA 23237
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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$1,007
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$945
Required Monthly Fees
$62
Total Monthly Price
$1,007
2016 Fairmount Ave, Unit Apt 2
2016 Fairmount AveRichmond, VA 23223
3511 Broad Rock Blvd
RichmondVA23234
5612 Crenshaw Rd
RichmondVA23227
1229 Nelson St
RichmondVA23231
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$1,0951 Bedroom Apartments Available Now
804 Brook Hill Rd, Unit 513
804 Brook Hill RdRichmond, VA 23227
5604 Crenshaw Rd
RichmondVA23227
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$1,0951 Bedroom Apartments Available Aug 10
421 W Grace St, Unit 203
421 W Grace StRichmond, VA 23220
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$1,0951 Bedroom Apartments Available Now
812 Brook Hill Rd, Unit 804 unit 513
812 Brook Hill RdRichmond, VA 23227
808 Brook Hill Rd
RichmondVA23227
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$1,116
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$999
Required Monthly Fees
$117
Total Monthly Price
$1,116
2572 Alcott Rd, Unit Apt A
2572 Alcott RdRichmond, VA 23237
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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$1,116
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$999
Required Monthly Fees
$117
Total Monthly Price
$1,116
2572 Alcott Rd, Unit Apt A
2572 Alcott RdRichmond, VA 23237
2514 Q St
RichmondVA23223
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$1,187
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,050
Required Monthly Fees
$137
Total Monthly Price
$1,187
5006 Alan Dr, Unit Apt C
5006 Alan DrRichmond, VA 23234
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$1,187
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,050
Required Monthly Fees
$137
Total Monthly Price
$1,187
5006 Alan Dr, Unit Apt C
5006 Alan DrRichmond, VA 23234
4173 Richmond Hwy
RichmondVA23234
219 N 19th St, Unit 33
219 N 19th St
RichmondVA23223
3528 E Richmond Rd
RichmondVA23223
2308 Venable St
RichmondVA23223
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$1,1952 Bedroom Apartments Available Jul 1
1602 Magnolia St, Unit 3
1602 Magnolia StRichmond, VA 23222
3503 Bolling Rd
RichmondVA23223
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.
1305 Chambers St
RichmondVA23224
9000 Links Ln
Glen AllenVA23059
815 Porter St
RichmondVA23224
3949 Keswick Pl
RichmondVA23234
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$1,2502 Bedroom Apartments Available Jul 1
4029 Clinton Ave, Unit A
4029 Clinton AveRichmond, VA 23227
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$1,2501 Bedroom Apartments Available Aug 10
403 Cleveland St, Unit 6
403 Cleveland StRichmond, VA 23221
3516 E Richmond Rd
RichmondVA23223
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$1,2752 Bedroom Apartments Available Aug 10
608 N Arthur Ashe Blvd, Unit 11
608 N Arthur Ashe BlvdRichmond, VA 23220
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$1,2952 Bedroom Apartments Available Jun 10
501 W Grace St, Unit A
501 W Grace StRichmond, VA 23220
620 N 29th St
RichmondVA23223
Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA
Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.
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 | $1,886 | $995 | $4,500 |
| Richmond 3 Bedroom Homes for Rent | $2,297 | $1,295 | $3,950 |
| Richmond 4 Bedroom Homes for Rent | $2,642 | $1,595 | $3,495 |
| Richmond 5 Bedroom Homes for Rent | $3,451 | $2,395 | $5,850 |
| Richmond 6 Bedroom Homes for Rent | $2,836 | $2,836 | $2,836 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Richmond
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Richmond, VA Local Guide
- Richmond Neighborhoods
- Nearby Cities
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- Local Counties
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Cheapest Neighborhoods for Apartments in Richmond, VA
Pricing Updated: 05/07/2026Current apartment rentals in the Richmond, VA area range in price from $314 to $11,309 with an overall median price of $2,343. The three Richmond neighborhoods with the lowest median rent pricing are Chestnut Hill at $729, Church Hill North at $1,025, and North Highland Park at $595. 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 | $1,180 | $729 | 25 |
| Church Hill North | $1,500 | $1,025 | 18 |
| North Highland Park | $1,575 | $595 | 294 |
| Forest Hill | $1,606 | $750 | 272 |
| Belt Center | $1,608 | $715 | 147 |
| McGuire Manor | $1,608 | $715 | 99 |
| Southwood | $1,608 | $715 | 128 |
| Magnolia Industrial Center | $1,617 | $595 | 526 |
| Cofer | $1,628 | $715 | 248 |
| Northrop | $1,629 | $715 | 146 |
Cheapest Available Richmond Apartments for Rent
The cheapest available apartment rental in Richmond, VA is a 1 Bed unit found at Hatcher Tobacco Flats in the Old South neighborhood priced from $720. 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 |
|---|---|---|---|
| Hatcher Tobacco Flats | 1X1 | 1BR,1BA | $720 |
| Manchester Grand Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $770 |
| 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 |
| Creighton Renaissance Apartments | One Bedroom - D | 1BR,1BA | $926 |
| Mallard Greens | 2 Reno | 2BR,1BA | $935 |
Best Value Apartments for Rent in Richmond, VA
As of May 07, 2026 the best value apartment in the Richmond area is the $0.66 price per square foot 2509 Seminary Ave Model at 2509 Seminary Ave, Unit # B in the in the Bellevue neighborhood starting from $1,475. The second greatest value Richmond apartment is the 4x2 - Priced Per Bedroom Model at Marshall Park starting at $750 with a $0.51 price per square foot in the Downtown Richmond 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. |
|---|---|---|---|
| 2509 Seminary Ave, Unit # B | 2509 Seminary Ave | 2BR,1BA | $0.66 |
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.51 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 1 Bed | 1BR,1BA | $0.96 |
| Townsend Square | Townhomes starting at $1080.00- Now Accepting A... | 2BR,1BA | $0.94 |
| Townhouses of Chesterfield II | Pine II | 2BR,1.5BA | $1.00 |
| Trolley Lofts | 2 Bedroom / 2 Bath - 700sqft | 2BR,2BA | $1.18 |
| Glenwood Ridge Apartments | 2 bedroom | 2BR,2BA | $1.13 |
| Honey Brook | Castle | 2BR,2BA | $1.19 |
| Lambert Landing I | 2 Bdrm 951 sqft | 2BR,1BA | $1.20 |
| Hatcher Tobacco Flats | 2X2 | 2BR,2BA | $1.17 |
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.
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!
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See the most popular apartments and homes in Richmond, VA
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Frequently Asked Questions about Richmond
What type of rentals are currently available in Richmond?
There are currently 1519 Apartments for Rent in Richmond, VA with pricing that ranges from $566 to $11,309. There are also 429 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $775 to $5,850.
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 $775 to $5,850 with an average monthly rent of $2,283.
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 $5,266, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $3,950. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $729.
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
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.