Cheap Homes for Rent in Magnolia Industrial Center Neighborhood of Richmond, VA from $800 (25 Rentals)

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Search the lowest-cost Homes available for rent right now in the Magnolia Industrial Center area of Richmond.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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The Art of the Rental Viewing: What to look for during a property tour

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property at 3105 2nd Ave

3105 2nd Ave

RichmondVA23222

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Magnolia Industrial Center, Richmond, VA Local Guide

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. Towers on Franklin has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Magnolia Industrial Center apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Bloom Apartments II1Bed/1Bath: 456 sq ft1BR,1BA$899
Towers on FranklinGoldStudio,1BA$900
Van de VyverThe ReserveStudio,1BA$998
The Lofts at Shockoe SlipThe Lofts at Shockoe Slip 316Studio,1BA$999
Jefferson Townhouses1X11BR,1BA$1,000

Best Value Apartments for Rent in Magnolia Industrial Center, VA

As of July 29, 2025 the best value apartment in the Magnolia Industrial Center area is the $1.33 price per square foot 3317 Waverly Blvd Model at 3317 Waverly Blvd, Unit b in the in the Chestnut Hill neighborhood starting from $2,000. The second greatest value Magnolia Industrial Center apartment is the 4x2 - Priced Per Bedroom Model at Marshall Park starting at $750 with a $0.51 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 ListingModel NameBed/BathPrice Per Sq.Ft.
3317 Waverly Blvd, Unit b3317 Waverly Blvd3BR,2BA$1.33
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.51
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.45
Raven PlaceB1.12BR,2BA$1.47
Townsend SquareTownhomes starting at $1050.00- Now Accepting A...2BR,1BA$0.91
The Mezzo LoftsMotif Gallery - 2 Bedroom 1.5 Bath2BR,1.5BA$1.50
Highland Terrace Apartments2-Bedroom2BR,2BA$1.34
The Corner Lofts - 1321 E. Main St.1BR/1.0BA1BR,1BA$1.39
Mallard GreensTWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH...2BR,1BA$1.33
The Foundry ApartmentsOne Bedroom1BR,1BA$1.61

Quick Rent Budget Calculator

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Frequently Asked Questions about Magnolia Industrial Center

What type of rentals are currently available in Magnolia Industrial Center?

There are currently 467 Apartments for Rent in Magnolia Industrial Center, VA with pricing that ranges from $599 to $6,165. There are also 98 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia Industrial Center ranging from $800 to $5,950.

What is the current price range for Rental Homes in Magnolia Industrial Center?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Magnolia Industrial Center ranges from $800 to $5,950 with an average monthly rent of $2,217.

How much are larger Three and Four Bedroom Rentals in Magnolia Industrial Center?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Magnolia Industrial Center range from $699 to $3,949, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,483 to $3,600. Four Bedroom Single-Family rentals are also available starting from $1,525 and Four Bedroom Apartments start at $599.

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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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.