
Cheap Homes for Rent in Richmond, VA from $800 (74 Rentals)
Search the lowest-cost Homes available for rent right now in Richmond.


999 Acreview Dr

2500 Bainbridge St

1502 Cedar Mountain Ct

603 Chamberlayne Pky

10101 Brook Rd

3916 Chamberlayne Ave

2110 Phaup St

6400 S Beulah Rd

7624 Lady Blair Ln
The Richmond Renter's Guide to Living Near Work
Get the inside scoop on Richmond's most livable neighborhoods and find the perfect apartment close to where you work. Our local expert breaks it all down by the city's top employers like VCU Health and Costar.

9999 Diane Ln

4202 Gladewater Rd

206 E 37th St

2403 5th Ave

1806 Chicago Ave

1214 Garber St

2400 Perry St

5211 Blue Ridge Ave

6401 Stuart Ave

110 N Harrison St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

800 Brook Hill Rd

1602 Magnolia St

1513 W Cary St

Total Monthly Price
5006 Alan Dr, Unit Apt A

2514 Q St

5427 Remuda Dr

3209 3rd Ave

9410 Links Ln, Unit #B

9000 Links Ln

8756 Springwater Dr
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.

7604 Roscommon Ct

4913 Chamberlayne Ave, Unit 2

3119 4th Ave

2808 Turner Rd

3530 E Richmond Rd, Unit 19

1210 W Leigh St

3517 Briel St

2436 Alfalfa Ln

3925 Keswick Ct

5211 Collindale Rd
Richmond’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

1810 Stockton St

1812 Stockton St

2415 Alfalfa Ln

5435 Remuda Dr

5203 Collindale Rd

3518 E Richmond Rd

1921 Floyd Ave

1521 Mechanicsville Tpke

1205 N 23rd St

1718 National St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,695 | $895 | $4,000 |
| Richmond 3 Bedroom Homes for Rent | $2,200 | $1,250 | $3,860 |
| Richmond 4 Bedroom Homes for Rent | $2,576 | $1,200 | $4,950 |
| Richmond 5 Bedroom Homes for Rent | $3,258 | $2,500 | $5,850 |
Browse Top Homes for Rent in Richmond
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Richmond, VA Local Guide
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Cheapest Neighborhoods for Homes in Richmond, VA
Pricing Updated: 09/27/2026Current rental homes in the Richmond, VA area range in price from $850 to $4,950 with an overall median price of $1,962. The three Richmond neighborhoods with the lowest median rent pricing are Hermitage Road at $1,487, Deerbourne at $1,545, and Chestnut Hill at $1,595. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Richmond Homes for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Hermitage Road | $1,487 | $1,200 | 3 |
| Deerbourne | $1,545 | $895 | 17 |
| Chestnut Hill | $1,595 | $895 | 11 |
| Four Mile Run | $1,597 | $895 | 23 |
| Cullenwood | $1,647 | $895 | 13 |
| Pine Camp | $1,650 | $1,650 | 1 |
| Fulton | $1,681 | $1,000 | 22 |
| Creighton | $1,686 | $895 | 33 |
| Commerce Road Industrial Area | $1,699 | $1,595 | 3 |
| Davee Gardens | $1,699 | $1,699 | 1 |
Best Value Homes for Rent in Richmond, VA
As of September 27, 2026 the best value rental home in the Richmond area is the $0.51 price per square foot 4337 Shirley Rd Model at 4337 Shirley Rd in the Huguenot neighborhood starting from $1,350. The second greatest value Richmond rental home is the 34 N Lombardy St Model at 34 N Lombardy St in the Near West neighborhood starting at $2,275 with a $0.91 price per square foot. Here is today’s list of the best values for Richmond homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4337 Shirley Rd | 4337 Shirley Rd | 1BR, 1BA | $0.51 |
| 34 N Lombardy St | 34 N Lombardy St | 3BR, 1.5BA | $0.91 |
| 811 Kiefer Field Ct | 811 Kiefer Field Ct | 4BR, 3BA | $1.19 |
| 8756 Springwater Dr | 8756 Springwater Dr | 4BR, 3.5BA | $0.60 |
| 3921 Breezy Ct | 3921 Breezy Ct | 3BR, 2.5BA | $1.04 |
| 3921 Breezy Ct | 3921 Breezy Ct | 3BR, 2.5BA | $0.93 |
| 6902 Old Jahnke Rd | 6902 Old Jahnke Rd | 3BR, 2BA | $1.20 |
| 110 N Harrison St | 110 N Harrison St | 1BR, 2BA | $0.62 |
| 1408 N 23rd St | 1408 N 23rd St | 4BR, 2.5BA | $1.08 |
| 9410 Links Ln | 9410 Links Ln | 2BR, 2BA | $1.04 |
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 ArticleNavigating 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.
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
See the most popular apartments and homes in Richmond, VA
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 1537 Apartments for Rent in Richmond, VA with pricing that ranges from $566 to $15,179. There are also 400 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $800 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 $800 to $5,850 with an average monthly rent of $2,074.
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 $825 to $4,554, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,860. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $690.
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

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.

Explore The River City Like a Local: The Insider's 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 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.

A Local Expert's 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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.