
Cheap Apartments for Rent in the Magnolia Industrial Center Neighborhood of Richmond, VA from $400 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Magnolia Industrial Center area of Richmond.


Bloom Apartments II

Attain Shockoe

210 E Grace St
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Van de Vyver

Jefferson Townhouses
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Carter Woods - 62 + Better Senior Community
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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 | $1,162 | $804 | $2,555 |
Magnolia Industrial Center 1 Bedroom Apartments | $1,500 | $700 | $3,273 |
Magnolia Industrial Center 2 Bedroom Apartments | $1,803 | $799 | $6,244 |
Magnolia Industrial Center 3 Bedroom Apartments | $2,004 | $699 | $3,450 |
Magnolia Industrial Center 4 Bedroom Apartments | $1,062 | $599 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 34 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 Studio unit found at 2001 East priced from $804. Bloom Apartments II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here are the most affordable Magnolia Industrial Center apartments for rent in Richmond, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
2001 East | Studio | Studio,1BA | $804 |
Bloom Apartments II | 1Bed/1Bath: 463 sq ft | 1BR,1BA | $849 |
Towers on Franklin | Rodney | Studio,1BA | $949 |
Van de Vyver | The Reserve | Studio,1BA | $998 |
Townsend Square | Townhomes starting at $1000.00- Now Accepting A... | 2BR,1BA | $1,000 |
District Square Apartments | 1Bd1Ba--590 | 1BR,1BA | $1,025 |
Attain Shockoe | Elmwood | 1BR,1BA | $1,038 |
The Edison Apartments | SXF | Studio,1BA | $1,084 |
1407 E Cary Street | 1 Beds, 1 Baths | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Magnolia Industrial Center, VA
As of May 23, 2025 the best value apartment in the Magnolia Industrial Center area is the $1.47 price per square foot 2 Bedroom Penthouse Model at The Locks Tower in the in the Downtown Richmond neighborhood starting from $2,943. The second greatest value Magnolia Industrial Center apartment is the 2 Bedroom Model at Miller and Rhoads Residences starting at $2,222 with a $1.47 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. |
---|---|---|---|
The Locks Tower | 2 Bedroom Penthouse | 2BR,2BA | $1.47 |
Miller and Rhoads Residences | 2 Bedroom | 2BR,2BA | $1.47 |
Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.51 |
Park Plaza @ Belvidere | 2BR/2.0BA | 2BR,2BA | $1.34 |
Raven Place | B1.1 | 2BR,2BA | $1.47 |
Townsend Square | Townhomes starting at $1000.00- Now Accepting A... | 2BR,1BA | $0.87 |
1407 E Cary Street | 1 Beds, 1 Baths | 1BR,1BA | $1.11 |
The Berkshire | Park | 1BR,1BA | $1.34 |
Mallard Greens | TWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH... | 2BR,1BA | $1.33 |
1527 Mechanicsville Tpke, Unit 3 | 1527 Mechanicsville Tpke | 1BR,1BA | $1.17 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMagnolia Industrial Center, Richmond, VA
Ranked #34
Among neighborhoods in Richmond, VA 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!
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 $1,099.
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 $2,222.
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 $424 which is $1,798 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.

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