Cheap Homes for Rent in Magnolia Industrial Center Neighborhood of Richmond, VA from $1,000 (38 Rentals)

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

property at 3101 2nd Ave

3101 2nd Ave

RichmondVA23222

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 3105 2nd Ave

3105 2nd Ave

RichmondVA23222

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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. 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 ListingModel NameBed/BathPriced From
Bloom Apartments II1Bed/1Bath: 463 sq ft1BR,1BA$899
Highland Terrace Apartments1-Bedroom1BR,1BA$934
Van de VyverThe ReserveStudio,1BA$998
Jefferson Townhouses1X11BR,1BA$1,000
Linden at Highland ParkOne Bedroom Apartment1BR,1BA$1,002
The Foundry ApartmentsOne Bedroom1BR,1BA$1,013
Mortons Apartments0BR/1.0BAStudio,1BA$1,015
Attain ShockoePocahontasStudio,1BA$1,055
The Stables1 Bedroom 1 Bathroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
715 W Clay St, Unit B715 W Clay St3BR,2BA$1.42
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.47
The BerkshireGoshen2BR,2BA$1.23
Raven PlaceB1.12BR,2BA$1.47
Cary Belvidere ApartmentsTwo Beds2BR,2BA$1.48
Marshall Street Apartments1BR/1.0BA1BR,1BA$1.25
Miller and Rhoads Residences1 Bedroom1BR,1BA$1.42
Mallard GreensTWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH...2BR,1BA$1.33
Victory at Edgewood2 Bedroom 1 Bath Townhome - Renovated2BR,1BA$1.59
Highland Terrace Apartments1-Bedroom1BR,1BA$1.55

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Magnolia Industrial Center, Richmond, VA

Ranked #28

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 477 Apartments for Rent in Magnolia Industrial Center, VA with pricing that ranges from $599 to $3,908. There are also 113 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia Industrial Center ranging from $1,050 to $5,495.

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 $1,050 to $5,495 with an average monthly rent of $2,415.

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 $3,908, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,350. Four Bedroom Single-Family rentals are also available starting from $1,645 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.

decorative image for A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.