
Cheap Apartments for Rent in the Newtowne West Neighborhood of Richmond, VA from $400 (171 Rentals)
Search the lowest-cost Apartments available for rent right now in the Newtowne West area of Richmond.


Towers on Franklin

Eagle Mill Lofts

The Edison Apartments

Kensington, Patterson Place and Grove Ave

Attain Shockoe

210 E Grace St

Van de Vyver

Jefferson Townhouses
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.

District Square Apartments

The Foundry Apartments

Sphere Apartments

American Tobacco Center

The Mezzo Lofts

Coliseum Lofts
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Iron House Apartments

1318 W. Broad St.

1407 E Cary Street

The Corner Lofts - 1321 E. Main St.

The Biggs Building

T and E Apartments

Revival Apartments

The Oliver

1510 W Broad St - Residential

Grace & Monroe Apartments

Spectrum Apartments

Centennial Terrace
Newtowne West - One of the Best Affordable Neighborhoods in Richmond
Named as one of the Best Affordable Neighborhoods to rent in Richmond by our Local Expert Richard Corrigan. See how it ranks!

Residences at the John Marshall

513 Fritz St

1505 Roane St

The Collection of Historic Richmond

Monroe Park Towers Apartments

Shockoe Commons

The Penny at Jackson Ward

Pohlig Box Factory Apartments
Richmond’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

The Shockoe Collection

Old Stone at the Masonry

Southern Stove Lofts

1508 Hickory St

1903 E Marshall St

American Heritage Apartments

Lofts and Upper Lofts at Canal Walk III
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Deco at CNB
Newtowne West, Richmond, VA Local Guide

How much does it cost to rent an apartment in Newtowne West?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Newtowne West Studio Apartments | $1,346 | $850 | $4,731 |
Newtowne West 1 Bedroom Apartments | $1,690 | $849 | $6,915 |
Newtowne West 2 Bedroom Apartments | $2,058 | $799 | $8,999 |
Newtowne West 3 Bedroom Apartments | $2,507 | $699 | $8,464 |
Newtowne West 4 Bedroom Apartments | $1,311 | $599 | $7,250 |
Browse Apartments in this Neighborhood
There are currently 171 rentals with your search options within a 2 mile radius of the Newtowne West Neighborhood of Richmond, VA.
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Newtowne West, Richmond, VA Local Guide
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Cheapest Available Newtowne West Apartments for Rent
 The cheapest available apartment rental in the Newtowne West area of Richmond, VA is a 1 Bed unit found at Bloom Apartments II priced from $849. 2001 East has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Newtowne West apartments for rent in Richmond, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Bloom Apartments II | 1Bed/1Bath: 463 sq ft | 1BR,1BA | $849 |
2001 East | A3 | 1BR,1BA | $925 |
Eagle Mill Lofts | 2bed 1bth | 2BR,1BA | $950 |
Van de Vyver | The Reserve | Studio,1BA | $998 |
District Square Apartments | 1Bd1Ba--590 | 1BR,1BA | $1,012 |
Towers on Franklin | Cary | 1BR,1BA | $1,092 |
1407 E Cary Street | 1 Beds, 1 Baths | 1BR,1BA | $1,099 |
Attain Shockoe | Ginter | 1BR,1BA | $1,105 |
The Edison Apartments | 1XA | 1BR,1BA | $1,105 |
The Corner Lofts - 1321 E. Main St. | 1BR/1.0BA | 1BR,1BA | $1,122 |
Best Value Apartments for Rent in Newtowne West, VA
As of May 30, 2025 the best value apartment in the Newtowne West area is the $0.51 price per square foot 4x2 - Priced Per Bedroom Model at Marshall Park in the in the Downtown Richmond neighborhood starting from $750. The second greatest value Newtowne West apartment is the 2BR/2.0BA Model at Park Plaza @ Belvidere starting at $1,877 with a $1.34 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Newtowne West apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.51 |
Park Plaza @ Belvidere | 2BR/2.0BA | 2BR,2BA | $1.34 |
1706 Floyd Ave, Unit B | 1706 Floyd Ave | 2BR,1BA | $1.63 |
Raven Place | B1.1 | 2BR,2BA | $1.47 |
Consolidated | One Bedroom, One Bathroom | 1BR,1BA | $1.46 |
Kensington, Patterson Place and Grove Ave | Kensington Place - Two Bedroom | 2BR,1BA | $1.58 |
1407 E Cary Street | 1 Beds, 1 Baths | 1BR,1BA | $1.11 |
The Berkshire | Park | 1BR,1BA | $1.34 |
1710 East Franklin Street | 1BR/1.0BA | 1BR,1BA | $1.57 |
Jefferson Townhouses | 2x1 | 2BR,1BA | $1.63 |
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.
Pet Friendly LifestyleNewtowne West, Richmond, VA
Ranked #7
Among neighborhoods in Richmond, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Richmond. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Newtowne West Apartments
What is a cheap apartment in Newtowne West?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Newtowne West is under $1,122.
What is the price of a cheap apartment in Newtowne West?
The cheapest apartment in Newtowne West is Bloom Apartments II which is listed at $849, while the average apartment in Newtowne West costs $2,244.
What types of apartments are the cheapest in Newtowne 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 202 regular apartments in Newtowne 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 Newtowne West?
Cheap apartments in Newtowne West have an average cost of $451 which is $1,793 cheaper than the average rent for all rentals in Newtowne West.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
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
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.