
Cheap Homes for Rent in Midtown Richmond Neighborhood of Richmond, VA from $1,000 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Midtown Richmond area of Richmond.


301 Goshen St

9 S Brunswick St

9 S Brunswick St

507 W Grace St, Unit A

421 W Grace St, Unit 100

Total Monthly Price
2207 W Grace St, Unit Apt C
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.

404 W Grace St, Unit 3

1020 W Franklin St, Unit 3

709 1/2 W Clay St

1333 W Broad St, Unit 510, Unit 510

800 W Cary St

505 W Grace St, Unit A

219 S Cherry St, Unit 1B
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.

9 S Brunswick St, Unit M

404 W Grace St, Unit 1

123 E Broad St

1820 W Cary St

1822 W Cary St

402 W Grace St, Unit 3

707 Catherine St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Midtown Richmond, Richmond, VA Local Guide

How much does it cost to rent a home in Midtown Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Midtown Richmond 2 Bedroom Homes for Rent | $2,100 | $1,675 | $3,200 |
| Midtown Richmond 3 Bedroom Homes for Rent | $2,756 | $2,195 | $3,950 |
| Midtown Richmond 4 Bedroom Homes for Rent | $2,888 | $1,545 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Midtown Richmond Neighborhood of Richmond, VA.
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Midtown Richmond, Richmond, VA Local Guide
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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. Mortons Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Midtown Richmond apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eagle Mill Lofts | 2bed 2bth | 2BR,2BA | $950 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $995 |
| The Foundry Apartments | One Bedroom | 1BR,1BA | $1,013 |
| District Square Apartments | 1Bd15Ba553 | 1BR,1BA | $1,044 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
Best Value Apartments for Rent in Midtown Richmond, VA
As of April 10, 2026 the best value apartment in the Midtown Richmond area is the $0.66 price per square foot 2509 Seminary Ave Model at 2509 Seminary Ave, Unit # B in the in the Bellevue neighborhood starting from $1,475. The second greatest value Midtown Richmond apartment is the Downtown Double Suite Model at The Berkshire starting at $2,680 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2509 Seminary Ave, Unit # B | 2509 Seminary Ave | 2BR,1BA | $0.66 |
| The Berkshire | Downtown Double Suite | 2BR,2BA | $1.44 |
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.54 |
| 110 E Cary St | 2 Beds 1 Bath | 2BR,1BA | $1.26 |
| 209 E Main St | Unit 208A | 2BR,1BA | $1.36 |
| 210 E Grace St | 2 Bed/2 Bath | 2BR,2BA | $1.35 |
| 1 West Cary Apartments | 2BR/1.0BA | 2BR,1BA | $1.67 |
| 1510 W. Broad Street | 1 Bedroom / 1 Bath - 599sqft | 1BR,1BA | $1.32 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1.29 |
| The Foundry Apartments | One Bedroom | 1BR,1BA | $1.61 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleThe 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 ArticleQuick 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.
Pet Friendly LifestyleMidtown Richmond, Richmond, VA
Ranked #59
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Midtown Richmond
What type of rentals are currently available in Midtown Richmond?
There are currently 385 Apartments for Rent in Midtown Richmond, VA with pricing that ranges from $729 to $4,515. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown Richmond ranging from $1,000 to $3,950.
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 $1,000 to $3,950 with an average monthly rent of $2,297.
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 $779 to $3,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $3,950. Four Bedroom Single-Family rentals are also available starting from $1,545 and Four Bedroom Apartments start at $729.
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

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.

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.

Explore The River City Like a Local: The Insiders 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.
Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.