Cheap Apartments for Rent in the Laburnum Park Neighborhood of Richmond, VA from $500 (89 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Laburnum Park area of Richmond.

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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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.

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Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Laburnum Park, Richmond, VA Local Guide

Cheapest Available Laburnum Park Apartments for Rent

 

The cheapest available apartment rental in the Laburnum Park area of Richmond, VA is a Studio unit found at Legacy at Imperial Village priced from $835. Bloom Apartments II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Laburnum Park apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Legacy at Imperial VillageStudioStudio,1BA$835
Bloom Apartments II1Bed/1Bath: 456 sq ft1BR,1BA$899
North Oak ApartmentsOne Bedroom1BR,1BA$965
The Stables1 Bedroom 1 Bathroom1BR,1BA$1,055
Legacy ApartmentsOne Bedroom, One Bath1BR,1BA$1,085
TreehouseOak1BR,1BA$1,105
Colonial ApartmentsWilliamsburg1BR,1BA$1,105
4306 Chamberlayne Ave1 Beds, 1 Baths1BR,1BA$1,125
Iron House Apartments1 Bedroom 1 Bathroom1BR,1BA$1,175

Best Value Apartments for Rent in Laburnum Park, VA

As of January 26, 2026 the best value apartment in the Laburnum Park area is the $1.18 price per square foot The Overbrook Model at The Westbrook Townhomes at Brewers Row in the in the Bellevue neighborhood starting from $3,256. The second greatest value Laburnum Park apartment is the 3X3 Model at Ascend RVA Student Living starting at $1,190 with a $1.03 price per square foot in the Near West neighborhood. Here is today’s list of the best values for Laburnum Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Westbrook Townhomes at Brewers RowThe Overbrook3BR,2.5BA$1.18
Ascend RVA Student Living3X33BR,3BA$1.03
1322 W Broad St2 Bedroom 2 Bath - 190982BR,2BA$1.55
Overlook at Brook Run I & IITwo Bedroom2BR,2BA$1.40
4306 Chamberlayne Ave1 Beds, 1 Baths1BR,1BA$1.29
BellevueTwo Bedroom2BR,1BA$1.59
Victory at Edgewood2 Bedroom 1 Bath Townhome - Renovated2BR,1BA$1.53
Village at the ArborsOne Bedroom1BR,1BA$1.60
Legacy ApartmentsOne Bedroom, One Bath - Patio1BR,1BA$1.73
The Stables1 Bedroom 1 Bathroom1BR,1BA$1.70

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.

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

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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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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

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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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Best Local Schools in
Laburnum Park, Richmond, VA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Virginia and customized analysis for North Central Richmond, VA. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Laburnum Park Apartments

What is a cheap apartment in Laburnum Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Laburnum Park is under $1,175.

What is the price of a cheap apartment in Laburnum Park?

The cheapest apartment in Laburnum Park is Bloom Apartments II which is listed at $899, while the average apartment in Laburnum Park costs $2,450.

What types of apartments are the cheapest in Laburnum Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 127 regular apartments in Laburnum Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Laburnum Park?

Cheap apartments in Laburnum Park have an average cost of $462 which is $1,988 cheaper than the average rent for all rentals in Laburnum Park.

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

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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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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.

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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

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.