
Cheap 3 Bedroom Apartments for Rent in the Old Town Manchester Neighborhood of Richmond, VA from $2,350 (3 Rentals)

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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.

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The Townes @ River South
Old Town Manchester, Richmond, VA Local Guide

How much does it cost to rent an apartment in Old Town Manchester?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Old Town Manchester Studio Apartments | $1,346 | $1,199 | $1,555 |
| Old Town Manchester 1 Bedroom Apartments | $1,394 | $999 | $2,130 |
| Old Town Manchester 2 Bedroom Apartments | $1,849 | $1,168 | $4,315 |
Old Town Manchester 3 Bedroom Apartments | $2,640 | $2,350 | $3,066 |
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Frequently Asked Questions about Cheap Old Town Manchester Apartments
What is a cheap apartment in Old Town Manchester?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Town Manchester is under $1,225.
What is the price of a cheap apartment in Old Town Manchester?
The cheapest apartment in Old Town Manchester is The Mill at Manchester Lofts which is listed at $1,785, while the average apartment in Old Town Manchester costs $2,609.
What types of apartments are the cheapest in Old Town Manchester?
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 45 regular apartments in Old Town Manchester 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 Town Manchester?
Cheap apartments in Old Town Manchester have an average cost of $262 which is $2,347 cheaper than the average rent for all rentals in Old Town Manchester.
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
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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.

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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.