Cheap Apartments for Rent in the Midtown Richmond Neighborhood of Richmond, VA from $700 (118 Rentals)

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

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1301 Idlewood Ave, Unit 1301
$926
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$926

Total Monthly Price
$926
4 Bedroom Apartment Available Now

1301 Idlewood Ave, Unit 1301

1301 Idlewood AveRichmond, VA 23220
Cost Per Sq.Ft.
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T and E Apartments
Rent Specials
$1,095 - $1,995
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,095 - $1,995

Total Monthly Price
$1,095 - $1,995
1 to 3 Bedroom Apartments Available Now

T and E Apartments

1011 W Marshall StRichmond, VA 23220
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The Richmond Renter's Guide to Living Near Work

Get the inside scoop on Richmond's most livable neighborhoods and find the perfect apartment close to where you work. Our local expert breaks it all down by the city's top employers like VCU Health and Costar.

property at 217 E Grace St

$1,095 - $1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

1 Bedroom Rentals

Available Now

217 E Grace St

RichmondVA23219
property at 14 S Plum St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom Rentals

Available Now

14 S Plum St

RichmondVA23220
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209 E Main St
$1,100 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,700

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

209 E Main St

209 E Main StRichmond, VA 23219
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property at 2002 Rosewood Ave

$1,125

Total Monthly Price

Total Monthly Price

Base Rent
$1,125

Total Monthly Price
$1,125

1 Bedroom, 1 Bath Home for Rent

Available Now

2002 Rosewood Ave

RichmondVA23220
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Towers on Franklin
$1,135 - $2,139
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$990 - $1,994
Required Monthly Fees
$145

Total Monthly Price
$1,135 - $2,139
Studio to 2 Bedroom Apartments Contact Us For Availability

Towers on Franklin

104 W Franklin StRichmond, VA 23220
Student Housing
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Spectrum Apartments
Rent Specials
$1,175 - $3,170
Total Monthly Price

Total Monthly Price

Base Rent
$1,175 - $3,170

Total Monthly Price
$1,175 - $3,170
Studio to 3 Bedroom Apartments Available Now

Spectrum Apartments

2017 Brook RdRichmond, VA 23220
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 308 W Broad St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

1 Bedroom, 1 Bath Home for Rent

Available Now

308 W Broad St

RichmondVA23220
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311 W. Franklin
Rent Specials
$1,195 - $1,495
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $1,495

Total Monthly Price
$1,195 - $1,495
Studio to 1 Bedroom Apartments Available Now

311 W. Franklin

311 W Franklin StRichmond, VA 23220
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1103A N Arthur Ashe Blvd, Unit B
$1,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200
1 Bedroom Apartment Available Sep 1

1103A N Arthur Ashe Blvd, Unit B

1103A N Arthur Ashe BlvdRichmond, VA 23230
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Iron House Apartments
Rent Specials
$1,228 - $2,515
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,123 - $2,410
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Iron House Apartments

1309 W Broad StRichmond, VA 23220
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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 2517 W Grace St

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

1 Bedroom, 1 Bath Home for Rent

Available Now

2517 W Grace St

RichmondVA23220
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Deco at CNB
$1,337 - $2,104
Total Monthly Price

Total Monthly Price

Base Rent
$1,331 - $2,098
Required Monthly Fees
$6

Total Monthly Price
$1,337 - $2,104
Studio to 2 Bedroom Apartments Available Now

Deco at CNB

219 E Broad StRichmond, VA 23219
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Sphere
Rent Specials
$1,340 - $3,485
Total Monthly Price

Total Monthly Price

Base Rent
$1,340 - $3,485

Total Monthly Price
$1,340 - $3,485
Studio to 2 Bedroom Apartments Available Now

Sphere

2005 Brook RdRichmond, VA 23220
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property at 1005 W Franklin St

$1,340

Total Monthly Price

Total Monthly Price

Base Rent
$1,340

Total Monthly Price
$1,340

1 Bedroom, 1 Bath Home for Rent

Available Now

1005 W Franklin St

RichmondVA23220

Richmond’s Best Affordable Neighborhoods

Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

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1118 Grove Ave
$1,350 - $1,900
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,350 - $1,900

Total Monthly Price
$1,350 - $1,900
1 to 3 Bedroom Apartments Available Now

1118 Grove Ave

1118 Grove AveRichmond, VA 23220
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property at 2525 Park Ave

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Home for Rent

Available Aug 21

2525 Park Ave

RichmondVA23220
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Todd Lofts
$1,379 - $2,686
Total Monthly Price

Total Monthly Price

Base Rent
$1,379 - $2,686

Total Monthly Price
$1,379 - $2,686
Studio to 3 Bedroom Apartments Available Now

Todd Lofts

1128 Hermitage RdRichmond, VA 23220
Corporate Housing
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property at 1622 Grove Ave

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom, 1 Bath Home for Rent

Available Now

1622 Grove Ave

RichmondVA23220
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805W Lofts
$1,395 - $2,195
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $2,195

Total Monthly Price
$1,395 - $2,195
1 to 2 Bedroom Apartments Available Now

805W Lofts

805 W Cary StRichmond, VA 23220
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Coliseum Lofts
$1,399 - $1,993
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,399 - $1,993

Total Monthly Price
$1,399 - $1,993
2 Bedroom Apartments Available Now

Coliseum Lofts

1335-1387 W Broad StRichmond, VA 23220
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Midtown Richmond, Richmond, VA Local Guide

Cheapest Available Midtown Richmond Apartments for Rent

 

The cheapest available apartment rental in the Midtown Richmond area of Richmond, VA is a 1 Bed unit found at 11 E Broad St priced from $749. 1128 W. Grace St.* has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable Midtown Richmond apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
11 E Broad St1 Beds, 1 Baths1BR,1BA$749
1128 W. Grace St.*1BR/1.0BA1BR,1BA$1,050
The Stables1 Bedroom 1 Bathroom1BR,1BA$1,055
209 E Main StUnit 4,6,81BR,1BA$1,100
The Foundry ApartmentsOne Bedroom1BR,1BA$1,135
Grace St 1120Grace St 1120 - 161BR,1BA$1,175
Park Northside Apartments2B/1BA TH Classic2BR,1BA$1,195
1318 W. Broad St.2 Beds, 1 Bath2BR,1BA$1,195
311 W. FranklinHarrisonStudio,1BA$1,195

Best Value Apartments for Rent in Midtown Richmond, VA

As of August 19, 2026 the best value apartment in the Midtown Richmond area is the $0.59 price per square foot 2509 Seminary Ave Model at 2509 Seminary Ave, Unit # B in the in the Bellevue neighborhood starting from $1,325. The second greatest value Midtown Richmond apartment is the Broad St W 200 - 202 Model at Broad St W 200 starting at $2,300 with a $1.39 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Midtown Richmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2509 Seminary Ave, Unit # B2509 Seminary Ave2BR,1BA$0.59
Broad St W 200Broad St W 200 - 2023BR,2BA$1.39
1301 Idlewood Ave, Unit 13011301 Idlewood Ave4BR,2BA$0.58
Marshall Park4x4 - Priced Per Bedroom4BR,4BA$0.59
16 W Broad St, Unit Apartment 116 W Broad St3BR,2BA$1.36
The BerkshireAdams2BR,2BA$1.28
1701 W Leigh St1701 W Leigh St2BR,1BA$1.33
The JamesJAMES-22BR,2BA$0.89
Stuart and Davis1 Bedroom / 1 Bath - 650sqft1BR,1BA$1.40
1510 W. Broad Street1 Bedroom / 1 Bath - 599sqft1BR,1BA$1.38

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Midtown Richmond, Richmond, VA

Ranked #57

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 and neighborhoods across the USA, including Richmond. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and easy access to the parks, features that make it easier to raise kids, raising pets, transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Midtown Richmond Apartments

What is a cheap apartment in Midtown Richmond?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown Richmond is under $1,195.

What is the price of a cheap apartment in Midtown Richmond?

The cheapest apartment in Midtown Richmond is 11 E Broad St which is listed at $749, while the average apartment in Midtown Richmond costs $1,618.

What types of apartments are the cheapest in Midtown Richmond?

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 67 regular apartments in Midtown Richmond 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 Midtown Richmond?

Cheap apartments in Midtown Richmond have an average cost of $490 which is $1,128 cheaper than the average rent for all rentals in Midtown Richmond.

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.

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