Cheap Homes for Rent in Midtown Richmond Neighborhood of Richmond, VA from $900 (9 Rentals)

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

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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 Studio unit found at Towers on Franklin priced from $850. 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 Midtown Richmond apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Towers on FranklinHarrisonStudio,1BA$850
Eagle Mill Lofts1 bed 1bth1BR,1BA$1,000
The Stables1 Bedroom 1 Bathroom1BR,1BA$1,055

Best Value Apartments for Rent in Midtown Richmond, VA

As of December 31, 2025 the best value apartment in the Midtown Richmond area is the $1.36 price per square foot The Overbrook Model at The Westbrook Townhomes at Brewers Row in the in the Bellevue neighborhood starting from $3,755. The second greatest value Midtown Richmond apartment is the Downtown Double Suite Model at The Berkshire starting at $2,700 with a $1.45 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.
The Westbrook Townhomes at Brewers RowThe Overbrook3BR,2.5BA$1.36
The BerkshireDowntown Double Suite2BR,2BA$1.45
2106 Parkwood Ave, Unit 12106 Parkwood Ave2BR,2BA$1.33
Eagle Mill Lofts3bed 3bth3BR,3BA$1.44
209 E Main StUnit 208A2BR,1BA$1.36
511 W Marshall St, Unit 101511 W Marshall St2BR,1BA$1.57
1322 W Broad St2 Bedroom 2 Bath - 190982BR,2BA$1.55
2602-2606 Monument Ave2 Bedroom 1 Bath - 236462BR,1BA$1.62
2 E Broad St1BR/1.0BA1BR,1BA$1.60
210 E Grace St1bed/1bath1BR,1BA$1.58

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 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.

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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.

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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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Quick Rent Budget Calculator

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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 #59

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 370 Apartments for Rent in Midtown Richmond, VA with pricing that ranges from $649 to $4,515. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown Richmond ranging from $925 to $4,999.

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 $925 to $4,999 with an average monthly rent of $2,354.

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 $739 to $4,037, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $4,999. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $649.

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.

Articles, How-To's, and Tips

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.