
Cheap Apartments for Rent in the Magnolia Industrial Center Neighborhood of Richmond, VA from $300 (195 Rentals)
Search the lowest-cost Apartments available for rent right now in the Magnolia Industrial Center area of Richmond.


923 N 20th St

3916 Chamberlayne Ave, Unit 4A

Total Monthly Price
3114 Barton Ave, Unit Apt B

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Creighton Renaissance Apartments

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American Tobacco Collection

Total Monthly Price
2016 Fairmount Ave, Unit Apt 2

3 N 18th St

Van de Vyver

The Corner Lofts
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.

Jefferson Townhouses

Flats at 25th

927 N 20th St

3310 Barton Ave

Saddlewood Apartments & Townhomes

Linden at Highland Park

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Townsend Square

The Berkshire

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209 E Main St

The Mezzo Lofts
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.

2400 Barton Ave

Grace & Monroe Apartments

Total Monthly Price
Towers on Franklin

The Foundry Apartments

The Attain

Raven Place

Victory at Edgewood

Monroe Park Towers Apartments

The Oliver

The Concord Northside
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.

The Biggs Building

District Square Apartments

The Edison

Park Northside Apartments

1608 Brookfield St

1607 Brookfield St

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Franklin Street Apartments

421 W Grace St

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Smokehouse Lofts

404 W Grace St, Unit 3
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.

2603 5th Ave, Unit 2

Mortons Apartments

Shockoe Valley View

Flats at 14th

3119 4th Ave

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Spectrum Apartments

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The Trail Lofts

1610 Fendall Ave

1605 Hickory St

Cigar Lofts
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 | $1,385 | $849 | $2,415 |
| Magnolia Industrial Center 1 Bedroom Apartments | $1,499 | $799 | $2,579 |
| Magnolia Industrial Center 2 Bedroom Apartments | $1,745 | $939 | $3,434 |
| Magnolia Industrial Center 3 Bedroom Apartments | $1,913 | $819 | $3,404 |
| Magnolia Industrial Center 4 Bedroom Apartments | $927 | $710 | $2,550 |
Browse Apartments in this Neighborhood
There are currently 195 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 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 |
| Oxford Square Apartments | 1 Beds, 1 Baths | 1BR,1BA | $895 |
| Creighton Renaissance Apartments | One Bedroom - D | 1BR,1BA | $926 |
| 3618 Chamberlayne Ave | 1 Beds, 1 Baths | 1BR,1BA | $995 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| The Corner Lofts | 1 Bedroom 1 Bath - 44186 | 1BR,1BA | $1,000 |
| American Tobacco Collection | Dill-A4 | 1BR,1BA | $1,018 |
| Flats at 25th | East | 1BR,1BA | $1,025 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
Best Value Apartments for Rent in Magnolia Industrial Center, VA
As of July 16, 2026 the best value apartment in the Magnolia Industrial Center area is the $0.62 price per square foot 2509 Seminary Ave Model at 2509 Seminary Ave, Unit # B in the in the Bellevue neighborhood starting from $1,395. The second greatest value Magnolia Industrial Center apartment is the 2BR/2.0BA Model at Park Plaza @ Belvidere starting at $2,014 with a $1.44 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 | $0.62 |
| Park Plaza @ Belvidere | 2BR/2.0BA | 2BR,2BA | $1.44 |
| 16 W Broad St, Unit Apartment 1 | 16 W Broad St | 3BR,2BA | $1.36 |
| Residences at the John Marshall | 2 Bed 2 Bath | 2BR,2BA | $1.56 |
| Townsend Square | Townhomes starting at $1080.00- Now Accepting A... | 2BR,1BA | $0.94 |
| 210 E Grace St | 2 Bed/2 Bath | 2BR,2BA | $1.35 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1.32 |
| Mallard Greens | Make Your Move This June to Mallard Greens!! | 2BR,1BA | $1.33 |
| Oxford Square Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.19 |
| 3618 Chamberlayne Ave | 1 Beds, 1 Baths | 1BR,1BA | $1.37 |
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 #41
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 $1,055.
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 $1,865.
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 125 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 $646 which is $1,219 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 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.

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 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 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.
Articles, How-To's, and Tips

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.