Cheap Apartments for Rent in the Malvern Gardens Neighborhood of Richmond, VA from $800 (79 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Malvern Gardens area of Richmond.

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

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property at 1322 W Broad St

1322 W Broad St

RichmondVA23220

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Malvern Gardens, Richmond, VA Local Guide

Cheapest Available Malvern Gardens Apartments for Rent

 

The cheapest available apartment rental in the Malvern Gardens area of Richmond, VA is a Studio unit found at Imperial Living Propco LLC priced from $835. Eagle Mill Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Malvern Gardens apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Imperial Living Propco LLCStudioStudio,1BA$835
Eagle Mill LoftsStudiosStudio,1BA$925
Legacy ApartmentsOne Bedroom, One Bath1BR,1BA$1,085
Guardian Place ApartmentsS1 Guardian Place 1Studio,1BA$1,192
1510 W Broad St - Residential1BR/1.0BA1BR,1BA$1,195
The Collection of Historic RichmondA6, A7 & A81BR,1BA$1,199
Southern Stove Lofts1bed 1bth1BR,1BA$1,250
1322 W Broad St1BR/1.0BA1BR,1BA$1,265
South Arthur1/11BR,1BA$1,299

Best Value Apartments for Rent in Malvern Gardens, VA

As of September 09, 2025 the best value apartment in the Malvern Gardens area is the $1.72 price per square foot The Ownby Model at The Westbrook Townhomes at Brewers Row in the in the Bellevue neighborhood starting from $2,999. The second greatest value Malvern Gardens apartment is the 2A (RENO) Model at River School Lofts starting at $2,170 with a $1.78 price per square foot in the Far West neighborhood. Here is today’s list of the best values for Malvern Gardens apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Westbrook Townhomes at Brewers RowThe Ownby3BR,2.5BA$1.72
River School Lofts2A (RENO)2BR,1BA$1.78
Iron House Apartments2 Bedroom 2 Bath with Office2BR,2BA$1.46
3812 Hermitage Rd, Unit I3812 Hermitage Rd2BR,1.5BA$1.61
3810 Hermitage Rd, Unit G3810 Hermitage Rd2BR,1.5BA$1.61
3810 Hermitage Rd, Unit J3810 Hermitage Rd2BR,1.5BA$1.61
3425 Kensington Avenue2BR/1.0BA2BR,1BA$1.65
South Arthur1/11BR,1BA$1.53
1510 W Broad St - Residential2BR/2.0BA2BR,2BA$1.75
Legacy ApartmentsOne Bedroom, One Bath - Patio1BR,1BA$1.73

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Malvern Gardens, Richmond, VA

Ranked #54

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Malvern Gardens, Richmond, VA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States, including Richmond. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, kid and pet-friendly communities, availability of transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Malvern Gardens Neighborhood in Richmond, VA

Walk Score®

69 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

64 / 100

Bikeable

Some 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 Malvern Gardens Apartments

What is a cheap apartment in Malvern Gardens?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Malvern Gardens is under $1,299.

What is the price of a cheap apartment in Malvern Gardens?

The cheapest apartment in Malvern Gardens is Eagle Mill Lofts which is listed at $995, while the average apartment in Malvern Gardens costs $2,995.

What types of apartments are the cheapest in Malvern Gardens?

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 79 regular apartments in Malvern Gardens 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 Malvern Gardens?

Cheap apartments in Malvern Gardens have an average cost of $294 which is $2,701 cheaper than the average rent for all rentals in Malvern Gardens.

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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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.

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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.

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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.