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Cheap Apartments for Rent in the Magnolia Industrial Center Neighborhood of Richmond, VA from $400 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Magnolia Industrial Center area of Richmond.
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Rent Specials
$899 - $1,599Studio to 3 Bedroom Apartments Available Now
Bloom Apartments II
3207 Chamberlayne AveRichmond, VA 23227
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$900 - $2,064Studio to 2 Bedroom Apartments Available Now
Towers on Franklin
104 W Franklin StRichmond, VA 23220
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$934 - $1,9111 to 3 Bedroom Apartments Available Now
Highland Terrace Apartments
1224 E Brookland Park BlvdRichmond, VA 23222
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$940 - $2,4691 to 3 Bedroom Apartments Available Now
American Tobacco Center
119-121 N 20th StRichmond, VA 23223
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$975 - $1,3001 to 2 Bedroom Apartments Contact Us For Availability
The Hill Building
114 Virginia StRichmond, VA 23219
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Rent Specials
$998 - $1,342Studio to 2 Bedroom Apartments Available Now
Van de Vyver
713 N 1st StRichmond, VA 23219
2105 Phaup St
RichmondVA23223
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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$1,000 - $1,6201 to 4 Bedroom Apartments Available Now
Jefferson Townhouses
1951 Venable StRichmond, VA 23223
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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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1 to 2 Bedroom Apartments
Carter Woods - 62 + Better Senior Community
301 Dabbs House RdRichmond, VA 23223
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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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Showing Results 1-33, Page 1 of 1
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 | $1,221 | $864 | $1,705 |
| Magnolia Industrial Center 1 Bedroom Apartments | $1,471 | $899 | $2,400 |
| Magnolia Industrial Center 2 Bedroom Apartments | $1,699 | $799 | $2,917 |
| Magnolia Industrial Center 3 Bedroom Apartments | $2,044 | $699 | $3,912 |
| Magnolia Industrial Center 4 Bedroom Apartments | $1,177 | $599 | $1,620 |
Browse Apartments in this Neighborhood
There are currently 33 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
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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 $899. Highland Terrace Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $934. 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 | $899 |
| Highland Terrace Apartments | 1-Bedroom | 1BR,1BA | $934 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| Jefferson Townhouses | 1X1 | 1BR,1BA | $1,000 |
| Linden at Highland Park | One Bedroom Apartment | 1BR,1BA | $1,002 |
| The Foundry Apartments | One Bedroom | 1BR,1BA | $1,013 |
| Mortons Apartments | 0BR/1.0BA | Studio,1BA | $1,015 |
| Attain Shockoe | Pocahontas | Studio,1BA | $1,055 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
Best Value Apartments for Rent in Magnolia Industrial Center, VA
As of September 14, 2025 the best value apartment in the Magnolia Industrial Center area is the $1.42 price per square foot 715 W Clay St Model at 715 W Clay St, Unit B in the in the Downtown Richmond neighborhood starting from $2,595. The second greatest value Magnolia Industrial Center apartment is the 4x2 - Priced Per Bedroom Model at Marshall Park starting at $699 with a $0.47 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. |
|---|---|---|---|
| 715 W Clay St, Unit B | 715 W Clay St | 3BR,2BA | $1.42 |
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.47 |
| The Berkshire | Goshen | 2BR,2BA | $1.23 |
| Raven Place | B1.1 | 2BR,2BA | $1.47 |
| Cary Belvidere Apartments | Two Beds | 2BR,2BA | $1.48 |
| Marshall Street Apartments | 1BR/1.0BA | 1BR,1BA | $1.25 |
| Miller and Rhoads Residences | 1 Bedroom | 1BR,1BA | $1.42 |
| Mallard Greens | TWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH... | 2BR,1BA | $1.33 |
| Victory at Edgewood | 2 Bedroom 1 Bath Townhome - Renovated | 2BR,1BA | $1.59 |
| Highland Terrace Apartments | 1-Bedroom | 1BR,1BA | $1.55 |
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Pet Friendly LifestyleMagnolia Industrial Center, Richmond, VA
Ranked #28
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
Richmond City Public Schools
Public School - Grades 6-8 (501)
3 out of 10
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!
Getting Around the Magnolia Industrial Center Neighborhood in Richmond, VA
Walk Score®
34 / 100
Car-Dependent
Most errands require a car
Bike Score®
36 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
39 / 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 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 Bloom Apartments II which is listed at $899, while the average apartment in Magnolia Industrial Center costs $2,191.
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 157 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 $524 which is $1,667 cheaper than the average rent for all rentals in Magnolia Industrial Center.
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.
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.
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.