Cheap Apartments for Rent in the Midtown Richmond Neighborhood of Richmond, VA from $500 (57 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Midtown Richmond area of Richmond.
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.

The Jackson on Broad - 20-22 East Broad St
Richmond’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan
Midtown Richmond, Richmond, VA Local Guide

How much does it cost to rent an apartment in Midtown Richmond?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Midtown Richmond Studio Apartments | $1,450 | $900 | $1,800 |
Midtown Richmond 1 Bedroom Apartments | $1,688 | $1,000 | $2,840 |
Midtown Richmond 2 Bedroom Apartments | $2,097 | $799 | $4,515 |
Midtown Richmond 3 Bedroom Apartments | $2,162 | $699 | $4,050 |
Midtown Richmond 4 Bedroom Apartments | $1,100 | $599 | $1,210 |
Browse Apartments in this Neighborhood
There are currently 57 rentals with your search options within a 2 mile radius of the Midtown Richmond Neighborhood of Richmond, VA.
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Getting Around the Midtown Richmond Neighborhood in Richmond, VA
Walk Score®
90 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
85 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
52 / 100
Good Transit
Many 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 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 $1,151.
What is the price of a cheap apartment in Midtown Richmond?
The cheapest apartment in Midtown Richmond is Eagle Mill Lofts which is listed at $995, while the average apartment in Midtown Richmond costs $1,999.
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 127 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 $573 which is $1,426 cheaper than the average rent for all rentals in Midtown Richmond.
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.

A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA
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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 Co-Signers: The Risks, Rewards, and Everything in Between
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For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.