
Cheap Apartments for Rent in the Malvern Gardens Neighborhood of Richmond, VA from $600 (66 Rentals)
Search the lowest-cost Apartments available for rent right now in the Malvern Gardens area of Richmond.


Legacy at Imperial Village

Eagle Mill Lofts

Total Monthly Price
1130 W Grace St

Kensington, Patterson Place and Grove Ave

Southern Stove Lofts

22 S Robinson St

Total Monthly Price
Coliseum Lofts

1905 Grayland Ave

1209 Wallace St
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.

3210 Ellwood Ave

1903 Grayland Ave

The Collection of Historic Richmond

1510 W. Broad Street

Cookie Factory Lofts

517 N Harrison St

1123 Grove Ave

The Gallery Midtown Apartments

Kent Road Village

Total Monthly Price
Wellsmith Apartments
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.

1005 Grove Ave Apartments

Crestwood at Libbie

Total Monthly Price
Penstock Quarter Apartments

Soda Flats

Georgetown

Total Monthly Price
The Cooperage

1 Scott's Addition

The 1805

3600 W Broad St

Total Monthly Price
The Carousel
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.

The Summit at Scotts Addition

Total Monthly Price
Circ Apartments

The Ace

Total Monthly Price
3019 Ellwood Ave, Unit A

Total Monthly Price
3009 Ellwood Ave, Unit C

3206 Ellwood Ave

Total Monthly Price
The Village at Horsepen

2700 Idlewood Ave

3329 Cutshaw Ave

Virginia Apartments
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.

Eagle Mill Towers

MacTavish Flats

Legacy At Imperial Village

The Faison Residence

Legacy Apartments

The Altamont

408-410 Dobson St

Eagle Mill Apartments

The Villas At Granby

Cary West Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Malvern Gardens, Richmond, VA Local Guide

How much does it cost to rent an apartment in Malvern Gardens?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Malvern Gardens Studio Apartments | $1,674 | $835 | $4,788 |
| Malvern Gardens 1 Bedroom Apartments | $1,877 | $655 | $5,776 |
| Malvern Gardens 2 Bedroom Apartments | $2,441 | $1,025 | $5,942 |
| Malvern Gardens 3 Bedroom Apartments | $2,961 | $1,190 | $6,493 |
| Malvern Gardens 4 Bedroom Apartments | $2,775 | $979 | $5,994 |
Browse Apartments in this Neighborhood
There are currently 66 rentals with your search options within a 2 mile radius of the Malvern Gardens Neighborhood of Richmond, VA.
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Malvern Gardens, Richmond, VA Local Guide
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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 1 Bed apartment currently listed from $1,000. Here are the most affordable Malvern Gardens apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Legacy at Imperial Village | Studio | Studio,1BA | $835 |
| Eagle Mill Lofts | 1 bed 1bth | 1BR,1BA | $1,000 |
| Southern Stove Lofts | studio | Studio,1BA | $1,050 |
| Iron House Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,175 |
| The Collection of Historic Richmond | A3, A4 & A5 | 1BR,1BA | $1,199 |
| Cookie Factory Lofts | Studio | 1BR,1BA | $1,250 |
| Guardian Place Apartments | A1 Guardian Place II | 1BR,1BA | $1,277 |
| The Gallery Midtown Apartments | Classic Ellwood | 1BR,1BA | $1,299 |
| South Arthur | 1/1 | 1BR,1BA | $1,299 |
Best Value Apartments for Rent in Malvern Gardens, VA
As of February 24, 2026 the best value apartment in the Malvern Gardens area is the $1.33 price per square foot 2106 Parkwood Ave Model at 2106 Parkwood Ave, Unit 1 in the in the Near West neighborhood starting from $1,795. The second greatest value Malvern Gardens apartment is the 3X3 Model at Ascend RVA Student Living starting at $1,190 with a $1.03 price per square foot in the Near West neighborhood. Here is today’s list of the best values for Malvern Gardens apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2106 Parkwood Ave, Unit 1 | 2106 Parkwood Ave | 2BR,2BA | $1.33 |
| Ascend RVA Student Living | 3X3 | 3BR,3BA | $1.03 |
| 1322 W Broad St | 2 Bedroom 2 Bath - 36736 | 2BR,2BA | $1.50 |
| South Arthur | 2/1 | 2BR,1BA | $1.80 |
| Kensington, Patterson Place and Grove Ave | Kensington Place - Two Bedroom | 2BR,1BA | $1.63 |
| The Altamont | C2 | 3BR,2BA | $1.91 |
| 1510 W. Broad Street | 2 Bedroom 2 Bath - 36032 | 2BR,2BA | $1.70 |
| Eagle Mill Lofts | 2bed 1bth | 2BR,1BA | $1.95 |
| Legacy at Imperial Village | One Bedroom One Bath Standard | 1BR,1BA | $1.94 |
| Southern Stove Lofts | studio | Studio ,1BA | $1.91 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleThe 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
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleMalvern Gardens, Richmond, VA
Ranked #52
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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!
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 $1,000, while the average apartment in Malvern Gardens costs $2,850.
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 71 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 $280 which is $2,570 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

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.

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.

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

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.

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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.