
Cheap Homes for Rent in Northrop Neighborhood of Richmond, VA from $1,300 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Northrop area of Richmond.


1514 Bainbridge St
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.

1025 Bradley Ln

3154 Stockton St
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.

3314 Decatur St
Northrop, Richmond, VA Local Guide

How much does it cost to rent a home in Northrop?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Northrop 2 Bedroom Homes for Rent | $2,224 | $1,399 | $4,500 |
| Northrop 3 Bedroom Homes for Rent | $2,227 | $1,595 | $2,798 |
| Northrop 4 Bedroom Homes for Rent | $2,399 | $1,900 | $3,500 |
| Northrop 5 Bedroom Homes for Rent | $2,395 | $2,395 | $2,395 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Northrop Neighborhood of Richmond, VA.
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Northrop, Richmond, VA Local Guide
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Cheapest Available Northrop Apartments for Rent
 The cheapest available apartment rental in the Northrop area of Richmond, VA is a 1 Bed unit found at Manchester Grand Apartments priced from $770. 404 Rivertowne Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $808. Here are the most affordable Northrop apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Manchester Grand Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $770 |
| 404 Rivertowne Apartment Homes | Brookline | 1BR,1BA | $808 |
| Kingly Ones and Briarwood Court Apartments | 1 Bedroom | 1BR,1BA | $825 |
Best Value Apartments for Rent in Northrop, VA
As of May 25, 2026 the best value apartment in the Northrop area is the $1.26 price per square foot 2 Bedroom 1 Bath - 46973 Model at 27th Townhomes in the in the Old South neighborhood starting from $1,280. The second greatest value Northrop apartment is the 2BR 1BA Renovated Model at The Residences of Westover Hills starting at $1,335 with a $1.41 price per square foot in the Midlothian neighborhood. Here is today’s list of the best values for Northrop apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 27th Townhomes | 2 Bedroom 1 Bath - 46973 | 2BR,1BA | $1.26 |
| The Residences of Westover Hills | 2BR 1BA Renovated | 2BR,1BA | $1.41 |
| The Arbors at Hull Street Senior Apartments | 1X1 | 1BR,1BA | $1.32 |
| Alexander at 1090 | Humboldt | 2BR,2BA | $1.58 |
| Morningside Apartments | White Oak | 2BR,1BA | $1.54 |
| Belle Summit | Rainer | 2BR,2BA | $1.21 |
| Forest Square Apartments | 2 Bedroom 1 Bath - 47476 | 2BR,1BA | $1.50 |
| Park Vue | 2 Bedroom Townhome | 2BR,1BA | $1.51 |
| Kingly Ones and Briarwood Court Apartments | 1 Bedroom | 1BR,1BA | $1.38 |
| Townhouses of Chesterfield II | Poplar | 1BR,1BA | $1.61 |
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.
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 ArticleReal 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.
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.
Best Local Schools in Northrop, Richmond, VA
School data provided by Great Schools
Frequently Asked Questions about Northrop
What type of rentals are currently available in Northrop?
There are currently 120 Apartments for Rent in Northrop, VA with pricing that ranges from $715 to $3,464. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Northrop ranging from $1,325 to $4,500.
What is the current price range for Rental Homes in Northrop?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Northrop ranges from $1,325 to $4,500 with an average monthly rent of $2,114.
How much are larger Three and Four Bedroom Rentals in Northrop?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Northrop range from $1,178 to $3,207, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $2,798. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $3,200.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.