Cheap Apartments for Rent in the Malvern Gardens Neighborhood of Richmond, VA from $800 (136 Rentals)

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

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Coliseum Lofts
$1,104 - $2,881
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,092 - $2,869
Required Monthly Fees
$12

Total Monthly Price
$1,104 - $2,881
Studio to 3 Bedroom Apartments Available Now

Coliseum Lofts

1335-1387 W Broad StRichmond, VA 23220
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 517 N Harrison St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Home for Rent

Available Jul 10

517 N Harrison St

RichmondVA23220
property at 22 S Plum St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Home for Rent

Available Now

22 S Plum St

RichmondVA23220
property at 22 S Robinson St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available May 1

22 S Robinson St

RichmondVA23220

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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Wellsmith Apartments
Rent Specials
$1,359 - $9,855
Total Monthly Price

Total Monthly Price

Base Rent
$1,326 - $9,822
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Wellsmith Apartments

5000 Libbie Mill East BlvdRichmond, VA 23230
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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The Cooperage
Rent Specials
$1,400 - $3,903
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $3,903

Total Monthly Price
$1,400 - $3,903
1 to 2 Bedroom Apartments Available Now

The Cooperage

1650 Overbrook RdRichmond, VA 23220
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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The Village at Horsepen
$1,403 - $2,111
Total Monthly Price

Total Monthly Price

Base Rent
$1,383 - $2,091
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Village at Horsepen

6701 Dartmouth AveRichmond, VA 23226
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Circ Apartments
$1,414 - $4,068
Total Monthly Price

Total Monthly Price

Base Rent
$1,414 - $4,068

Total Monthly Price
$1,414 - $4,068
1 to 2 Bedroom Apartments Available Now

Circ Apartments

1137 W Grace StRichmond, VA 23220
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 1106 W Main St

$1,425

Total Monthly Price

Total Monthly Price

Base Rent
$1,425

Total Monthly Price
$1,425

2 Bedroom, 1 Bath Home for Rent

Available Jun 10

1106 W Main St

RichmondVA23220
property at 3600 W Broad St

$1,440 - $2,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,440

Total Monthly Price
$1,440

1 To 2 Bedroom Rentals

Available Now

3600 W Broad St

RichmondVA23230
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The Carousel
$1,442 - $2,198
Total Monthly Price

Total Monthly Price

Base Rent
$1,442 - $2,198

Total Monthly Price
$1,442 - $2,198
Studio to 2 Bedroom Apartments Available Now

The Carousel

2400 Grayland AveRichmond, VA 23220
  • Verified
  • Customer Reviewed
  • Low Income
property at 111 N Arthur Ashe Blvd

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Home for Rent

Available Jul 17

111 N Arthur Ashe Blvd

RichmondVA23220
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Penstock Quarter Apartments
$1,458 - $2,645
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $2,612
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Penstock Quarter Apartments

5001 Libbie Mill East BlvdRichmond, VA 23230
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA

Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.

property at 10 S Randolph St

$1,460 - $1,485

Total Monthly Price

Total Monthly Price

Base Rent
$1,460

Total Monthly Price
$1,460

1 Bedroom Rentals

Available Jul 5

10 S Randolph St

RichmondVA23220
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Todd Lofts
$1,482 - $2,424
Total Monthly Price

Total Monthly Price

Base Rent
$1,482 - $2,424

Total Monthly Price
$1,482 - $2,424
Studio to 3 Bedroom Apartments Available Apr 11

Todd Lofts

1128 Hermitage RdRichmond, VA 23220
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 Legacy at Imperial Village priced from $835. Eagle Mill Lofts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here are the most affordable Malvern Gardens apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Legacy at Imperial VillageStudioStudio,1BA$835
Eagle Mill Lofts2bed 2bth2BR,2BA$950
Coliseum LoftsE1Studio,1BA$1,104
1510 W. Broad Street1 Bedroom / 1 Bath - 599sqft1BR,1BA$1,155
Cookie Factory Lofts1 Bed/ 1 Bath1BR,1BA$1,250
Guardian Place ApartmentsA1 Guardian Place II1BR,1BA$1,277
The Summit at Scotts AdditionThe Chateau1BR,1BA$1,334
Southern Stove LoftsstudioStudio,1BA$1,375
Crestwood at Libbie2X12BR,1BA$1,379

Best Value Apartments for Rent in Malvern Gardens, VA

As of April 10, 2026 the best value apartment in the Malvern Gardens area is the $1.96 price per square foot D1 Model at Jordans Branch Apartments in the in the Far West neighborhood starting from $2,995. The second greatest value Malvern Gardens apartment is the Diamond Model at Courtyard Lofts starting at $1,725 with a $1.78 price per square foot in the Bellevue 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.
Jordans Branch ApartmentsD13BR,2.5BA$1.96
Courtyard LoftsDiamond2BR,2BA$1.78
The AltamontC23BR,2BA$1.89
1510 W. Broad Street1 Bedroom / 1 Bath - 599sqft1BR,1BA$1.32
The Collection of Historic RichmondB4 & B52BR,1BA$1.97
The Icon1 Bedroom Tower1BR,1BA$2.08
LIV Lakeview2 Beds, 1 Baths2BR,1BA$2.00
Crestwood at Libbie2X12BR,1BA$2.10
Legacy at Imperial VillageOne Bedroom One Bath Standard1BR,1BA$1.94
Eagle Mill LoftsStudiosStudio ,1BA$2.14

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Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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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The Ultimate Renter's Guide for Finding the Perfect Student Friendly Richmond Neighborhood to Rent

Learn about the best neighborhoods for student renters near Richmond Colleges and Universities by our Local Expert Richard Corrigan

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Pet Friendly Lifestyle
Malvern Gardens, Richmond, VA

Ranked #49

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

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 $1,379.

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 $950, while the average apartment in Malvern Gardens costs $2,799.

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 68 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 $521 which is $2,278 cheaper than the average rent for all rentals in Malvern Gardens.

Expert Rental Resources

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.

Helpful Local Expert Guides

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.

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Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters

Written by: Richard Corrigan

Richmond isn't always thought of as a college town, but there are actually several major colleges and universities here. One thing Richmond does get credit for—and rightfully so—is being a very neighborhood-friendly city.

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Explore The River City Like a Local: The Insiders Guide to Renting in Richmond, VA

Written by: Richard Corrigan

Welcome to Richmond! For those unfamiliar, it’s Virginia’s state capitol, a city with a long and rich history, and—some might say—Virginia’s biggest small town. There’s a lot to love about living here.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.