
Cheap Apartments for Rent in the Old South Neighborhood of Richmond, VA from $700 (58 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Old South area of Richmond.


1005-1007 Porter St

310 W 31st

The Riviera on Semmes
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1810 Stockton St

1812 Stockton St

Manchester Park

2408 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.
Old South, Richmond, VA Local Guide

How much does it cost to rent an apartment in Old South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old South Studio Apartments | $1,430 | $1,124 | $2,341 |
| Old South 1 Bedroom Apartments | $1,552 | $856 | $2,514 |
| Old South 2 Bedroom Apartments | $1,900 | $1,020 | $4,265 |
| Old South 3 Bedroom Apartments | $2,476 | $950 | $3,997 |
Browse Apartments in this Neighborhood
There are currently 58 rentals with your search options within a 1 mile radius of the Old South Neighborhood of Richmond, VA.
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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 $1,131.
What is the price of a cheap apartment in Old South?
The cheapest apartment in Old South is Manchester Grand Apartments which is listed at $770, while the average apartment in Old South costs $1,625.
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 46 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 $216 which is $1,409 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

Your Richmond Neighborhood Guide: Living Near the City's Top Employers
Written by: Richard Corrigan
Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.

Explore The River City Like a Local: The Insider's 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.

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.

A Local Expert's 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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.