Cheap Apartments for Rent in the Parnell Industrial Area Richmond, VA from $500 (12 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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Lafayette Gardens
2 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
  • Utilities Included

Parnell Industrial Area, Richmond, VA Local Guide

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 $885. 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 ApartmentsA11BR,1BA$885
Southwood Apartments1 Bed, 1 bath1BR,1BA$955
NOON IngramThe Joplin - 50%1BR,1BA$992
Oakwood2 bed & 1 bath2BR,1BA$1,020

Best Value Apartments for Rent in Parnell Industrial Area, VA

As of July 21, 2025 the best value apartment in the Parnell Industrial Area area is the $1.52 price per square foot 3x2 Model at The Bend at 4800 Apartment Homes in the in the Cascade Creek neighborhood starting from $1,685. The second greatest value Parnell Industrial Area apartment is the Berkley II Model at Townhouses of Chesterfield II starting at $1,395 with a $1.41 price per square foot in the Broad Rock 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.
The Bend at 4800 Apartment Homes3x23BR,2BA$1.52
Townhouses of Chesterfield IIBerkley II2BR,1.5BA$1.41
South Pointe LandingTwo Bedroom 60% AMI2BR,1BA$1.43
The Arbors at Hull Street Senior Apartments1X11BR,1BA$1.32
Brookmont2 Bedroom 1 Bath2BR,1BA$1.38
Southwood ApartmentsTwo Bedroom One Bath2BR,1BA$1.64
Graystone Place ApartmentsBirch2BR,1BA$1.47
Park Vue2 Bedroom Townhome2BR,1BA$1.50
3809 McGuire Dr, Unit B3809 McGuire Dr2BR,1BA$1.30
Deering ManorAcorn2BR,1BA$1.69

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Pet Friendly Lifestyle
Parnell Industrial Area, Richmond, VA

Ranked #140

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Parnell Industrial Area Neighborhood in Richmond, VA

Walk Score®

13 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

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 Falling Creek Apartments which is listed at $885, 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 41 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 $463 which is $3,337 cheaper than the average rent for all rentals in Parnell Industrial Area.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.