
Cheap Apartments for Rent in the Magnolia Industrial Center Neighborhood of Richmond, VA from $300 (178 Rentals)
Search the lowest-cost Apartments available for rent right now in the Magnolia Industrial Center area of Richmond.


Bloom Apartments II

3402 P St

Total Monthly Price
1204 N 20th St, Unit Apt 1

Total Monthly Price
American Tobacco Collection

Total Monthly Price
Creighton Renaissance Apartments

1017 W Leigh St

1019 W Leigh St

923 N 20th St

The Hill Building
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.

Van de Vyver

Jefferson Townhouses

Flats at 25th

Green Park Apartments

927 N 20th St

The Berkshire

Linden at Highland Park

Total Monthly Price
Townsend Square

Flats at 14th

3810 Chamberlayne Ave, Unit G
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.

501 W Grace St, Unit A

The Attain

Total Monthly Price
209 E Main St

3310 Barton Ave

Total Monthly Price
Towers on Franklin

2400 Barton Ave

The Foundry Apartments

Grace & Monroe Apartments

Atrium on Broad Apartments

1007 N 25th St
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.

Victory at Edgewood

Total Monthly Price
T and E Apartments

2420 Barton Ave

3 N 18th St

Monroe Park Towers Apartments

The Mezzo Lofts

Spectrum Apartments

The Concord Northside

The Oliver

The Biggs Building
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.

1901-1915 Whitcomb

Total Monthly Price
17 W Main St, Unit 203

The Corner Lofts

Total Monthly Price
Smokehouse Lofts

Park Northside Apartments

1608 Brookfield St

1607 Brookfield St

1602 Magnolia St, Unit 3

302 Goshen St, Unit 103

302 Goshen St, Unit 104
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.
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 | $1,381 | $849 | $2,242 |
| Magnolia Industrial Center 1 Bedroom Apartments | $1,529 | $849 | $2,572 |
| Magnolia Industrial Center 2 Bedroom Apartments | $1,743 | $939 | $4,610 |
| Magnolia Industrial Center 3 Bedroom Apartments | $1,908 | $819 | $3,462 |
| Magnolia Industrial Center 4 Bedroom Apartments | $944 | $729 | $2,000 |
Browse Apartments in this Neighborhood
There are currently 178 rentals with your search options within a 2 mile radius of the Magnolia Industrial Center Neighborhood of Richmond, VA.
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Magnolia Industrial Center, Richmond, VA Local Guide
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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 Bloom Apartments II priced from $849. American Tobacco Collection has the second lowest priced unit, which is a 1 Bed apartment currently listed from $897. Here are the most affordable Magnolia Industrial Center apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bloom Apartments II | 1Bed/1Bath: 463 sq ft | 1BR,1BA | $849 |
| American Tobacco Collection | ATC-A3 | 1BR,1BA | $897 |
| Creighton Renaissance Apartments | One Bedroom - D | 1BR,1BA | $926 |
| Highland Terrace Apartments | 2-Bedroom | 2BR,2BA | $946 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| Green Park Apartments | 2 Bedroom | 2BR,1BA | $1,037 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
| Linden at Highland Park | One Bedroom Apartment | 1BR,1BA | $1,075 |
| Townsend Square | Townhomes starting at $1080.00- Now Accepting A... | 2BR,1BA | $1,080 |
| Flats at 14th | 0 Bedroom 1 Bath - 31684 | Studio,1BA | $1,081 |
Best Value Apartments for Rent in Magnolia Industrial Center, VA
As of June 01, 2026 the best value apartment in the Magnolia Industrial Center area is the $1.34 price per square foot 2 Bedroom Penthouse Model at The Locks Tower in the in the Downtown Richmond neighborhood starting from $3,444. The second greatest value Magnolia Industrial Center apartment is the 2509 Seminary Ave Model at 2509 Seminary Ave, Unit # B starting at $1,395 with a $0.62 price per square foot in the Bellevue 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. |
|---|---|---|---|
| The Locks Tower | 2 Bedroom Penthouse | 2BR,2BA | $1.34 |
| 2509 Seminary Ave, Unit # B | 2509 Seminary Ave | 2BR,1BA | $0.62 |
| Park Plaza @ Belvidere | 2BR/2.0BA | 2BR,2BA | $1.33 |
| 10 Walnut Alley | 2 Bedroom 2 Bath - 30004 | 2BR,2BA | $1.46 |
| Townsend Square | Townhomes starting at $1080.00- Now Accepting A... | 2BR,1BA | $0.94 |
| 209 E Main St | Unit 208 1A | 2BR,1BA | $1.36 |
| 210 E Grace St | 2 Bed/2 Bath | 2BR,2BA | $1.35 |
| Shockoe Collection | B3 - 2 Bed 2 Bath | 2BR,2BA | $1.39 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1.34 |
| Mallard Greens | June Is Heating Up at Mallard Greens...Call Now!! | 2BR,1BA | $1.33 |
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 #33
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
Martin Luther King Jr. Middle
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 $1,081.
What is the price of a cheap apartment in Magnolia Industrial Center?
The cheapest apartment in Magnolia Industrial Center is Bloom Apartments II which is listed at $849, while the average apartment in Magnolia Industrial Center costs $1,995.
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 96 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 $505 which is $1,490 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

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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.