Cheap Homes for Rent in the Midtown Richmond Neighborhood of Richmond, VA from $1,200 (21 Rentals)

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

property at 1414 W Marshall St

$1,250

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Jul 15

1414 W Marshall St, Unit 502

1414 W Marshall St
RichmondVA23220

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 319 N 2nd St

$1,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Condo for Rent

Available Now

319 N 2nd St, Unit B

319 N 2nd St
RichmondVA23219
property at 1309 W Main St

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

1 Bedroom, 1 Bath Home for Rent

Available Aug 5

1309 W Main St

RichmondVA23220
property at 806 W Cary St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

1 Bedroom, 1 Bath Condo for Rent

Available Now

806 W Cary St

RichmondVA23220
property at 800 W Cary St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

1 Bedroom, 1 Bath Condo for Rent

Available Jul 10

800 W Cary St

RichmondVA23284
property at 10 S Laurel St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

1 Bedroom, 1 Bath Condo for Rent

Available Now

10 S Laurel St

RichmondVA23220
property at 301 Goshen St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 1 Bath Condo for Rent

Available Aug 6

301 Goshen 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.

property at 1412 Winder St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Home for Rent

Available Jul 10

1412 Winder St

RichmondVA23220

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.

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 2 Beds unit found at Eagle Mill Lofts priced from $950. The Stables has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,055. Here are the most affordable Midtown Richmond apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Eagle Mill Lofts2bed 1bth2BR,1BA$950
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
Monroe Park Towers Apartments0BR/1.0BAStudio,1BA$1,164

Best Value Apartments for Rent in Midtown Richmond, VA

As of July 09, 2026 the best value apartment in the Midtown Richmond area is the $0.62 price per square foot 2509 Seminary Ave Model at 2509 Seminary Ave, Unit # B in the in the Bellevue neighborhood starting from $1,395. The second greatest value Midtown Richmond apartment is the 2BR/2.0BA Model at Park Plaza @ Belvidere starting at $2,014 with a $1.44 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$0.62
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.44
16 W Broad St, Unit Apartment 116 W Broad St3BR,2BA$1.36
210 E Grace St2 Bed/2 Bath2BR,2BA$1.35
Stuart and Davis1 Bedroom / 1 Bath - 650sqft1BR,1BA$1.40
Mortons Apartments1BR/1.0BA1BR,1BA$1.32
1510 W. Broad Street1 Bedroom / 1 Bath - 599sqft1BR,1BA$1.43
Revival1 Bedroom / 1 Bath - 464sqft1BR,1BA$1.80
The Stables1 Bedroom 1 Bathroom1BR,1BA$1.70
Eagle Mill LoftsStudiosStudio ,1BA$1.78

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

Read Article
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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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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.

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Pet Friendly Lifestyle
Midtown Richmond, Richmond, VA

Ranked #55

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Midtown Richmond

What type of rentals are currently available in Midtown Richmond?

There are currently 397 Apartments for Rent in Midtown Richmond, VA with pricing that ranges from $710 to $4,540. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown Richmond ranging from $1,250 to $3,500.

What is the current price range for Rental Homes in Midtown Richmond?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Midtown Richmond ranges from $1,250 to $3,500 with an average monthly rent of $2,198.

How much are larger Three and Four Bedroom Rentals in Midtown Richmond?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Midtown Richmond range from $810 to $3,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $710.

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 Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

A Local Expert's 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 Insider's 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.

decorative image for Your Richmond Neighborhood Guide: Living Near the City's Top Employers article

Your Richmond Neighborhood Guide: Living Near the City's Top Employers

Written by: Richard Corrigan

Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.