Cheap Apartments for Rent in the Laburnum Park Neighborhood of Richmond, VA from $400 (78 Rentals)

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

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

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Laburnum Park - One of the Best Affordable Neighborhoods in Richmond

Named as one of the Best Affordable Neighborhoods to rent in Richmond by our Local Expert Richard Corrigan. See how it ranks!

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Richmond’s Best Affordable Neighborhoods

Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

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property at 1807 Bath St

1807 Bath St

RichmondVA23220
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Dwell Apartments
1 to 3 Bedroom Apartments

Dwell Apartments

3505 Chamberlayne AveRichmond, VA 23227
  • Utilities Included
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Claremont Apartments
1 Bedroom Apartments

Claremont Apartments

3902 Chamberlayne AveRichmond, VA 23227
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Estratbrook North
1 Bedroom Apartments

Estratbrook North

3809 Chamberlayne AveRichmond, VA 23227
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Cedarwood Apartments
1 Bedroom Apartments

Cedarwood Apartments

3803 Chamberlayne AveRichmond, VA 23227
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Navigating 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.

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Bloom Apartments
1 Bedroom Apartments

Bloom Apartments

4307 Chamberlayne AveRichmond, VA 23227
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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 $849. 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: 463 sq ft1BR,1BA$849
Eagle Mill Lofts2bed 1bth2BR,1BA$950
Legacy ApartmentsOne Bedroom, One Bath1BR,1BA$1,085
Village at the ArborsOne Bedroom1BR,1BA$1,099
4306 Chamberlayne Ave1 Beds, 1 Baths1BR,1BA$1,125
The Concord NorthsideThe Rose1BR,1BA$1,150
Coliseum LoftsE2.3Studio,1BA$1,190
Colonial ApartmentsWilliamsburg1BR,1BA$1,190
Guardian Place ApartmentsS1 Guardian Place 1Studio,1BA$1,192

Best Value Apartments for Rent in Laburnum Park, VA

As of June 01, 2025 the best value apartment in the Laburnum Park area is the $1.78 price per square foot 2A (RENO) Model at River School Lofts in the in the Far West neighborhood starting from $2,170. The second greatest value Laburnum Park apartment is the Two Bedroom Model at Overlook at Brook Run I & II starting at $1,399 with a $1.40 price per square foot in the Bellevue 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.
River School Lofts2A (RENO)2BR,1BA$1.78
Overlook at Brook Run I & IITwo Bedroom2BR,2BA$1.40
4306 Chamberlayne Ave1 Beds, 1 Baths1BR,1BA$1.29
1510 W Broad St - Residential2BR/1.0BA2BR,1BA$1.69
The Icon1 Bedroom Tower1BR,1BA$1.91
BellevueTwo Bedroom2BR,1BA$1.59
Victory at Edgewood2 Bedroom 1 Bath Townhome - Renovated2BR,1BA$1.66
Village at the ArborsOne Bedroom1BR,1BA$1.49
TreehouseOak1BR,1BA$1.67
Legacy ApartmentsOne Bedroom, One Bath - Patio1BR,1BA$1.73

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.

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Pet Friendly Lifestyle
Laburnum Park, Richmond, VA

Ranked #45

Among neighborhoods in Richmond, VA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

Getting Around the Laburnum Park Neighborhood in Richmond, VA

Walk Score®

41 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

41 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,192.

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 $849, while the average apartment in Laburnum Park costs $2,200.

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 114 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 $447 which is $1,753 cheaper than the average rent for all rentals in Laburnum Park.

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.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.