Cheap Apartments for Rent in the Near West Neighborhood of Richmond, VA from $800 (105 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Near West area of Richmond.

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Coliseum Lofts
Rent Specials
$1,104 - $2,881
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,092 - $2,869
Required Monthly Fees
$12

Total Monthly Price
$1,104 - $2,881
Studio to 3 Bedroom Apartments Available Now

Coliseum Lofts

1335-1387 W Broad StRichmond, VA 23220
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 1209 Wallace St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 To 3 Bedroom Rentals

Available Now

1209 Wallace 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 3125 Hanover Ave

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

1 Bedroom, 1 Bath Home for Rent

Available Aug 10

3125 Hanover Ave

RichmondVA23221
property at 517 N Harrison St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Home for Rent

Available Jul 10

517 N Harrison St

RichmondVA23220
property at 22 S Plum St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Home for Rent

Available Now

22 S Plum St

RichmondVA23220
property at 22 S Robinson St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available May 1

22 S Robinson 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.

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Circ Apartments
$1,378 - $4,032
Total Monthly Price

Total Monthly Price

Base Rent
$1,378 - $4,032

Total Monthly Price
$1,378 - $4,032
1 to 2 Bedroom Apartments Available Now

Circ Apartments

1137 W Grace StRichmond, VA 23220
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 1106 W Main St

$1,425

Total Monthly Price

Total Monthly Price

Base Rent
$1,425

Total Monthly Price
$1,425

2 Bedroom, 1 Bath Home for Rent

Available Jun 10

1106 W Main St

RichmondVA23220
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The Carousel
$1,442 - $2,804
Total Monthly Price

Total Monthly Price

Base Rent
$1,442 - $2,804

Total Monthly Price
$1,442 - $2,804
Studio to 2 Bedroom Apartments Available Now

The Carousel

2400 Grayland AveRichmond, VA 23220
Family Friendly
  • Verified
  • Customer Reviewed
  • Low Income
property at 111 N Arthur Ashe Blvd

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Home for Rent

Available Jul 17

111 N Arthur Ashe Blvd

RichmondVA23220

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.

property at 10 S Randolph St

$1,460

Total Monthly Price

Total Monthly Price

Base Rent
$1,460

Total Monthly Price
$1,460

1 Bedroom Rentals

Available Jul 5

10 S Randolph St

RichmondVA23220
property at 1707 Colorado Ave

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Home for Rent

Available Now

1707 Colorado Ave

RichmondVA23220
property at 1104 S Lombardy St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

1104 S Lombardy St

RichmondVA23220
property at 2412 W Main St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Jul 9

2412 W Main St

RichmondVA23220

Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA

Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.

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Todd Lofts
$1,514 - $2,424
Total Monthly Price

Total Monthly Price

Base Rent
$1,514 - $2,424

Total Monthly Price
$1,514 - $2,424
Studio to 3 Bedroom Apartments Available Now

Todd Lofts

1128 Hermitage RdRichmond, VA 23220
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 2625 Floyd Ave

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 1 Bath Home for Rent

Available Jul 1

2625 Floyd Ave

RichmondVA23220
property at 1703 Colorado Ave

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 1.5 Bath Home for Rent

Available Now

1703 Colorado Ave

RichmondVA23220
property at 102 N Lombardy St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom Rentals

Available Now

102 N Lombardy St

RichmondVA23220

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.

Near West, Richmond, VA Local Guide

Cheapest Available Near West Apartments for Rent

 

The cheapest available apartment rental in the Near West area of Richmond, VA is a 2 Beds unit found at Eagle Mill Lofts priced from $950. Iron House Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,158. Here are the most affordable Near West apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Eagle Mill Lofts2bed 1bth2BR,1BA$950
Iron House Apartments1 Bedroom 1 Bathroom1BR,1BA$1,158
Cookie Factory Lofts1 Bed/ 1 Bath1BR,1BA$1,250
1005 Grove Ave ApartmentsOne Bedroom One Bath1BR,1BA$1,350
Southern Stove LoftsstudioStudio,1BA$1,375
Circ ApartmentsThe Park1BR,1BA$1,378
The CarouselJumperStudio,1BA$1,442
The AceS1.1Studio,1BA$1,495
3425 Kensington Avenue2BR/1.0BA2BR,1BA$1,495
LIV Lakeview2 Beds, 1 Baths2BR,1BA$1,500

Best Value Apartments for Rent in Near West, VA

As of April 22, 2026 the best value apartment in the Near West area is the $1.70 price per square foot 2BR/1.0BA Model at 3425 Kensington Avenue in the in the Far West neighborhood starting from $1,495. The second greatest value Near West apartment is the B4 & B5 Model at The Collection of Historic Richmond starting at $1,625 with a $1.97 price per square foot in the Near West neighborhood. Here is today’s list of the best values for Near West apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3425 Kensington Avenue2BR/1.0BA2BR,1BA$1.70
The Collection of Historic RichmondB4 & B52BR,1BA$1.97
The Gallery Midtown ApartmentsRenovated Kensington2BR,1BA$2.02
River School Lofts1B (RENO)1BR,1BA$2.20
Todd LoftsStudioStudio ,1BA$1.95
LIV Lakeview2 Beds, 1 Baths2BR,1BA$2.00
Iron House Apartments1 Bedroom 1 Bathroom1BR,1BA$1.76
1005 Grove Ave ApartmentsOne Bedroom One Bath1BR,1BA$2.11
Eagle Mill LoftsStudiosStudio ,1BA$2.14
Chesterfield ApartmentsTHE LINDEN FLOOR PLAN - SUITE II (PRE-LEASE)3BR,1BA$2.25

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.

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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

Read Article
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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
Near West, Richmond, VA

Ranked #77

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 Cheap Near West Apartments

What is a cheap apartment in Near West?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near West is under $1,500.

What is the price of a cheap apartment in Near West?

The cheapest apartment in Near West is Iron House Apartments which is listed at $1,158, while the average apartment in Near West costs $2,405.

What types of apartments are the cheapest in Near West?

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 13 regular apartments in Near West 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 Near West?

Cheap apartments in Near West have an average cost of $493 which is $1,912 cheaper than the average rent for all rentals in Near West.

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 Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

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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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 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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.