Cheap Apartments for Rent in the Parnell Industrial Area Richmond, VA from $500 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parnell Industrial Area area of Richmond.

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Falling Creek Apartments
Rent Specials
$892 - $1,035
Total Monthly Price

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Base Rent
$817 - $960
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1 Bedroom Apartments Available Now

Falling Creek Apartments

2530 Marina DrRichmond, VA 23234
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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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Lafayette Gardens
1 to 3 Bedroom Apartments

Lafayette Gardens

2219 Ruffin RdRichmond, VA 23234
  • Utilities Included
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Foxwood
1 to 3 Bedroom Apartments

Foxwood

5000-5006 Snead RdRichmond, VA 23224
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Southgate
1 to 3 Bedroom Apartments

Southgate

3430-3456 Maury StRichmond, VA 23224
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Oakwood
2 Bedroom Apartments

Oakwood

5002 Alan DrRichmond, VA 23234

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Cheapest Available Parnell Industrial Area Apartments for Rent

 

The cheapest available apartment rental in the Parnell Industrial Area area of Richmond, VA is a 1 Bed unit found at Kingly Ones and Briarwood Court Apartments priced from $825. Falling Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $892. Here are the most affordable Parnell Industrial Area apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$825
Falling Creek Apartments1 Bedroom1BR,1BA$892
Park Vue2 Bedroom Townhome2BR,1BA$1,084
Townhouses of Chesterfield IIPine II2BR,1BA$1,120
NOON IngramThe Bowen - 60%Studio,1BA$1,124

Best Value Apartments for Rent in Parnell Industrial Area, VA

As of April 25, 2026 the best value apartment in the Parnell Industrial Area area is the $1.00 price per square foot Pine II Model at Townhouses of Chesterfield II in the in the Broad Rock neighborhood starting from $1,120. The second greatest value Parnell Industrial Area apartment is the 3x2 Model at Overlook at Falling Creek Apartment Homes starting at $1,600 with a $1.44 price per square foot in the Cascade Creek neighborhood. Here is today’s list of the best values for Parnell Industrial Area apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Townhouses of Chesterfield IIPine II2BR,1.5BA$1.00
Overlook at Falling Creek Apartment Homes3x23BR,2BA$1.44
Meadowbrook Apartments2 Bedroom Townhouse2BR,1.5BA$1.44
South Pointe LandingTwo Bedroom 60% AMI2BR,1BA$1.43
Townhouses Of ChesterfieldPine2BR,1.5BA$1.27
Crystal Lakes ApartmentsRedbud2BR,1.5BA$1.41
The Arbors at Hull Street Senior Apartments1X11BR,1BA$1.32
Brookmont2 Bedroom 1 Bath2BR,1BA$1.38
Park Vue2 Bedroom Townhome2BR,1BA$1.51
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$1.38

Frequently Asked Questions about Cheap Parnell Industrial Area Apartments

What is the price of a cheap apartment in Parnell Industrial Area?

The cheapest apartment in Parnell Industrial Area is Kingly Ones and Briarwood Court Apartments which is listed at $825, while the average apartment in Parnell Industrial Area costs $3,800.

What types of apartments are the cheapest in Parnell Industrial Area?

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 32 regular apartments in Parnell Industrial Area 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 Parnell Industrial Area?

Cheap apartments in Parnell Industrial Area have an average cost of $395 which is $3,405 cheaper than the average rent for all rentals in Parnell Industrial Area.

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.

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