
Cheap Apartments for Rent in the Parnell Industrial Area Richmond, VA from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parnell Industrial Area area of Richmond.


Townhouses Of Chesterfield

Kingly Ones and Briarwood Court Apartments

Total Monthly Price
3704 Chapel Dr, Unit B

Falling Creek Apartments

NOON Ingram
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.

Lafayette Gardens

Heights at Brady Square

Foxwood

Southgate

Oakwood

Graystone Place Apartments
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.
Parnell Industrial Area, Richmond, VA Local Guide

How much does it cost to rent an apartment in Parnell Industrial Area?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parnell Industrial Area Studio Apartments | $853 | $715 | $1,124 |
| Parnell Industrial Area 1 Bedroom Apartments | $1,090 | $825 | $1,755 |
| Parnell Industrial Area 2 Bedroom Apartments | $1,427 | $1,005 | $2,025 |
| Parnell Industrial Area 3 Bedroom Apartments | $1,776 | $1,385 | $3,590 |
| Parnell Industrial Area 4 Bedroom Apartments | $2,112 | $2,075 | $2,150 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Parnell Industrial Area Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
Cheapest Available Parnell Industrial Area Apartments for Rent
 The cheapest available apartment rental in the Parnell Industrial Area area of Richmond, VA is a Studio unit found at Townhouses of Chesterfield II priced from $809. Kingly Ones and Briarwood Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Parnell Industrial Area apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Townhouses of Chesterfield II | Magnolia | Studio,1BA | $809 |
| Kingly Ones and Briarwood Court Apartments | 1 Bedroom | 1BR,1BA | $825 |
| Falling Creek Apartments | 1 Bedroom | 1BR,1BA | $892 |
| NOON Ingram | The Joplin - 50% | 1BR,1BA | $969 |
| Park Vue | 2 Bedroom Townhome | 2BR,1BA | $1,084 |
Best Value Apartments for Rent in Parnell Industrial Area, VA
As of March 11, 2026 the best value apartment in the Parnell Industrial Area area is the $1.49 price per square foot 3x2 Model at Overlook at Falling Creek Apartment Homes in the in the Cascade Creek neighborhood starting from $1,655. The second greatest value Parnell Industrial Area apartment is the 2 Bedroom Townhouse Model at Meadowbrook Apartments starting at $1,475 with a $1.44 price per square foot in the British Camp Farms neighborhood. Here is today’s list of the best values for Parnell Industrial Area apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Overlook at Falling Creek Apartment Homes | 3x2 | 3BR,2BA | $1.49 |
| Meadowbrook Apartments | 2 Bedroom Townhouse | 2BR,1.5BA | $1.44 |
| South Pointe Landing | Two Bedroom 60% AMI | 2BR,1BA | $1.43 |
| Townhouses Of Chesterfield | Pine | 2BR,1.5BA | $1.27 |
| The Arbors at Hull Street Senior Apartments | 1X1 | 1BR,1BA | $1.32 |
| Remuda Crossing & Heritage Pointe Apartments | Townhouse with half baths | 2BR,1.5BA | $1.66 |
| Brookmont | 2 Bedroom 1 Bath | 2BR,1BA | $1.38 |
| Park Vue | 2 Bedroom Townhome | 2BR,1BA | $1.51 |
| Kingly Ones and Briarwood Court Apartments | 1 Bedroom | 1BR,1BA | $1.38 |
| 3704 Chapel Dr, Unit B | 3704 Chapel Dr | 1BR,1BA | $1.51 |
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 $2,075.
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 43 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 $420 which is $1,655 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.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.