
Cheap Studio Apartments for Rent in the Midtown Richmond Neighborhood of Richmond, VA from $850 (16 Rentals)


210 E Grace St

District Square 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.

The Biggs Building

Atrium on Broad Apartments

Grace & Monroe Apartments

Spectrum Apartments
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,196 | $850 | $2,555 |
Midtown Richmond 1 Bedroom Apartments | $1,531 | $1,013 | $3,409 |
Midtown Richmond 2 Bedroom Apartments | $1,892 | $799 | $4,847 |
Midtown Richmond 3 Bedroom Apartments | $2,102 | $699 | $4,050 |
Midtown Richmond 4 Bedroom Apartments | $1,080 | $599 | $3,000 |
Explore Richmond
Midtown Richmond, Richmond, VA Local Guide
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Quick 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.
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 $1,200.
What is the price of a cheap apartment in Midtown Richmond?
The cheapest apartment in Midtown Richmond is Towers on Franklin which is listed at $949, while the average apartment in Midtown Richmond costs $2,150.
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 99 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 $570 which is $1,580 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
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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You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.