
Cheap Apartments for Rent in the Magnolia Industrial Center Neighborhood of Richmond, VA from $395 (169 Rentals)
Search the lowest-cost Apartments available for rent right now in the Magnolia Industrial Center area of Richmond.


Total Monthly Price
1527 Mechanicsville Tpke, Unit 1

American Tobacco Collection

927 N 20th St

1927 Carrington St

1925 Carrington St

The Edison

Total Monthly Price
Creighton Renaissance Apartments

Linden at Highland Park

Total Monthly Price
T and E Apartments
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.

210 E Grace St

421 W Grace St

1019 W Leigh St

Van de Vyver

Jefferson Townhouses

Mortons Apartments

Flats at 25th

Total Monthly Price
Townsend Square

The Berkshire

Total Monthly Price
Smokehouse Lofts
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.

Raven Place

Total Monthly Price
209 E Main St

Mallard Greens

2400 Barton Ave

Total Monthly Price
Towers on Franklin

The Foundry Apartments

Highland Terrace Apartments

Victory at Edgewood

Residences at the John Marshall

The Corner Lofts
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.

308 W Broad St

Total Monthly Price
Spectrum Apartments

The Biggs Building

The Attain

Park Northside Apartments

Total Monthly Price
311 W. Franklin

The Concord Northside

Shockoe Valley View

The Oliver

Flats at 14th
Richmond’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

3119 4th Ave

The Mezzo Lofts

Capitol Lofts

Total Monthly Price
Shockoe Collection

Marshall Street Apartments

Grace & Monroe Apartments

Atrium Lofts at Cold Storage

Total Monthly Price
The Villas of Oakwood

Cigar Lofts

The Hill Building
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.
Magnolia Industrial Center, Richmond, VA Local Guide

How much does it cost to rent an apartment in Magnolia Industrial Center?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magnolia Industrial Center Studio Apartments | $1,391 | $849 | $2,050 |
| Magnolia Industrial Center 1 Bedroom Apartments | $1,514 | $799 | $2,949 |
| Magnolia Industrial Center 2 Bedroom Apartments | $1,808 | $939 | $4,229 |
| Magnolia Industrial Center 3 Bedroom Apartments | $1,834 | $819 | $2,993 |
| Magnolia Industrial Center 4 Bedroom Apartments | $1,157 | $710 | $1,620 |
Browse Apartments in this Neighborhood
There are currently 169 rentals with your search options within a 2 mile radius of the Magnolia Industrial Center Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
Magnolia Industrial Center, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Magnolia Industrial Center Apartments for Rent
 The cheapest available apartment rental in the Magnolia Industrial Center area of Richmond, VA is a 1 Bed unit found at 11 E Broad St priced from $749. Bloom Apartments II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Magnolia Industrial Center apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 11 E Broad St | 1 Beds, 1 Baths | 1BR,1BA | $749 |
| Bloom Apartments II | 1Bed/1Bath: 456 sq ft | 1BR,1BA | $799 |
| 3618 Chamberlayne Ave | 1 Beds, 1 Baths | 1BR,1BA | $895 |
| The Edison | Studio | Studio,1BA | $920 |
| Linden at Highland Park | One Bedroom Apartment | 1BR,1BA | $975 |
| American Tobacco Collection | Edge-A2 | 1BR,1BA | $977 |
| Creighton Renaissance Apartments | One Bedroom - B | 1BR,1BA | $981 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| Jefferson Townhouses | 1X1 | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Magnolia Industrial Center, VA
As of August 31, 2026 the best value apartment in the Magnolia Industrial Center area is the $0.58 price per square foot 2509 Seminary Ave Model at 2509 Seminary Ave, Unit # B in the in the Bellevue neighborhood starting from $1,295. The second greatest value Magnolia Industrial Center apartment is the Broad St W 200 - 202 Model at Broad St W 200 starting at $2,150 with a $1.30 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Magnolia Industrial Center 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 | $0.58 |
| Broad St W 200 | Broad St W 200 - 202 | 3BR,2BA | $1.30 |
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.48 |
| Broadway Apartments | Two Bed Two Bath | 2BR,2BA | $1.25 |
| Oxford Square Apartments | 2 Beds, 1.5 Baths | 2BR,1.5BA | $0.91 |
| Townsend Square | Townhomes starting at $1080.00- Now Accepting A... | 2BR,1BA | $0.94 |
| The James | JAMES-2 | 2BR,2BA | $0.89 |
| Marshall Street Apartments | 1 Bedroom / 1 Bath - 632sqft | 1BR,1BA | $1.25 |
| Creighton Renaissance Apartments | One Bedroom - B | 1BR,1BA | $1.26 |
| 3618 Chamberlayne Ave | 1 Beds, 1 Baths | 1BR,1BA | $1.23 |
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.
Pet Friendly LifestyleMagnolia Industrial Center, Richmond, VA
Ranked #50
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Magnolia Industrial Center, Richmond, VA
Overby-Sheppard Elementary School
Martin Luther King Jr. Middle School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Richmond. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Magnolia Industrial Center Apartments
What is a cheap apartment in Magnolia Industrial Center?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Magnolia Industrial Center is under $1,000.
What is the price of a cheap apartment in Magnolia Industrial Center?
The cheapest apartment in Magnolia Industrial Center is 11 E Broad St which is listed at $749, while the average apartment in Magnolia Industrial Center costs $1,519.
What types of apartments are the cheapest in Magnolia Industrial Center?
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 168 regular apartments in Magnolia Industrial Center 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 Magnolia Industrial Center?
Cheap apartments in Magnolia Industrial Center have an average cost of $679 which is $840 cheaper than the average rent for all rentals in Magnolia Industrial Center.
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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.