Cheap Apartments for Rent in the Old South Neighborhood of Richmond, VA from $700 (53 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 1208 Hull St

$950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

1208 Hull St, Unit 3, Unit 3

1208 Hull St
RichmondVA23224

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.

close
View Me
2000 Riverside Apartments
Rent Specials
$1,150 - $1,612
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $1,612

Total Monthly Price
$1,150 - $1,612
Studio to 2 Bedroom Apartments Available Now

2000 Riverside Apartments

2000 Riverside DrRichmond, VA 23225
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
The Hudson
Rent Specials
$1,323 - $1,795
Total Monthly Price

Total Monthly Price

Base Rent
$1,238 - $1,710
Required Monthly Fees
$85

Total Monthly Price
$1,323 - $1,795
1 to 3 Bedroom Apartments Available Now

The Hudson

700 Stockton StRichmond, VA 23224
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

property at 1124 Hull St

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

1 Bedroom, 1 Bath Home for Rent

Available Jul 20

1124 Hull St

RichmondVA23224
close
View Me
South Falls Tower
$1,337 - $4,172
Total Monthly Price

Total Monthly Price

Base Rent
$1,337 - $4,172

Total Monthly Price
$1,337 - $4,172
Studio to 2 Bedroom Apartments Available Now

South Falls Tower

111 Hull StRichmond, VA 23224
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 1211 Porter St

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom, 1 Bath Home for Rent

Available Now

1211 Porter St

RichmondVA23224
close
View Me
Model Tobacco Lofts
$1,445 - $2,645
Total Monthly Price

Total Monthly Price

Base Rent
$1,370 - $2,570
Required Monthly Fees
$75

Total Monthly Price
$1,445 - $2,645
Studio to 3 Bedroom Apartments Available Now

Model Tobacco Lofts

1100 Richmond HwyRichmond, VA 23224
  • Verified
  • Customer Reviewed

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.

close
View Me
1000 Porter St
Studio to 3 Bedroom Apartments

1000 Porter St

1000 Porter StRichmond, VA 23224
  • Utilities Included
close
View Me
Southgate
1 to 3 Bedroom Apartments

Southgate

3430-3456 Maury StRichmond, VA 23224
close
View Me
1200 SEMMES Apartments
Studio to 2 Bedroom Apartments

1200 SEMMES Apartments

1200 Semmes AveRichmond, VA 23224
  • Utilities Included
close
View Me
The Commons
Studio to 3 Bedroom Apartments

The Commons

15 E 2nd StRichmond, VA 23224
close
View Me
Port RVA
Studio to 2 Bedroom Apartments

Port RVA

500 Hull StRichmond, VA 23224
  • Utilities Included

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.

property at 1305 Chambers St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

1305 Chambers St

RichmondVA23224
close
View Me
Plant 1 Apartments
1 to 3 Bedroom Apartments

Plant 1 Apartments

403 Stockton StRichmond, VA 23224
Corporate Housing
  • Utilities Included
property at 815 Porter St

$1,225 - $1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,225

Total Monthly Price
$1,225

1 Bedroom Rentals

Available Now

815 Porter St

RichmondVA23224
close
View Me
27th Townhomes
2 Bedroom Apartments

27th Townhomes

10 W 27th StRichmond, VA 23225
  • Utilities Included
close
View Me
310 W 31st
1 to 3 Bedroom Apartments

310 W 31st

310 W 31st StreetRichmond, VA 23225
  • Utilities Included
close
View Me
The Box
1 to 2 Bedroom Apartments

The Box

501-511 Decatur StRichmond, VA 23224

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.

Old South, Richmond, VA Local Guide

Cheapest Available Old South Apartments for Rent

 

The cheapest available apartment rental in the Old South area of Richmond, VA is a 1 Bed unit found at Hatcher Tobacco Flats priced from $720. Manchester Grand Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. Here are the most affordable Old South apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Hatcher Tobacco Flats1X11BR,1BA$720
Manchester Grand Apartments1 Bedroom, 1 Bathroom1BR,1BA$770
Belle SummitRainer2BR,2BA$1,020
Park Vue2 Bedroom Townhome2BR,1BA$1,084
NOON IngramThe Bowen - 60%Studio,1BA$1,124
Miller Lofts @ Plant Zero1 Bedroom 1.5 Bath1BR,1BA$1,131
2000 Riverside ApartmentsTyler - StudioStudio,1BA$1,150
1100 Hull Street Apartments1BR/1.0BA1BR,1BA$1,169
The Mill at Manchester Lofts1 Bedroom 1 Bath - 190791BR,1BA$1,185

Best Value Apartments for Rent in Old South, VA

As of May 04, 2026 the best value apartment in the Old South area is the $1.23 price per square foot Three Bedroom Two Bath Large Premier Model at The Gardens at Manchester in the in the Old South neighborhood starting from $1,655. The second greatest value Old South apartment is the 2 Bedroom / 2 Bath - 700sqft Model at Trolley Lofts starting at $1,299 with a $1.18 price per square foot in the Old South neighborhood. Here is today’s list of the best values for Old South apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Gardens at ManchesterThree Bedroom Two Bath Large Premier3BR,2BA$1.23
Trolley Lofts2 Bedroom / 2 Bath - 700sqft2BR,2BA$1.18
27th Townhomes2 Bedroom 1 Bath - 469732BR,1BA$1.26
Hatcher Tobacco Flats2X22BR,2BA$1.17
The HudsonThe Perry1BR,1BA$1.51
Belle SummitRainer2BR,2BA$1.21
Miller Lofts @ Plant Zero1 Bedroom 1 Bath1BR,1BA$1.52
Park Vue2 Bedroom Townhome2BR,1BA$1.51
3809 McGuire Dr, Unit B3809 McGuire Dr2BR,1BA$1.33
Manchester Grand Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.76

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

Read Article
Decorative image

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 Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Old South, Richmond, VA

Ranked #127

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Old South Apartments

What is a cheap apartment in Old South?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old South is under $1,185.

What is the price of a cheap apartment in Old South?

The cheapest apartment in Old South is Hatcher Tobacco Flats which is listed at $720, while the average apartment in Old South costs $2,556.

What types of apartments are the cheapest in Old South?

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 38 regular apartments in Old South 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 Old South?

Cheap apartments in Old South have an average cost of $333 which is $2,223 cheaper than the average rent for all rentals in Old South.

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.

decorative image for Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters article

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.

decorative image for Explore The River City Like a Local: The Insiders Guide to Renting in Richmond, VA article

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.