Cheap Apartments for Rent in the Peter Paul Neighborhood of Richmond, VA from $500 (55 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Peter Paul area of Richmond.

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.

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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.

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The Carlisle
2 Bedroom Apartments

The Carlisle

1700 Carlisle AveRichmond, VA 23231
  • Utilities Included
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Jefferson Mews
1 to 3 Bedroom Apartments

Jefferson Mews

600 Jefferson AveRichmond, VA 23223
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Richmond Arts
Studio to 2 Bedroom Apartments

Richmond Arts

115 N 1st StRichmond, VA 23219
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Market Slip
1 to 2 Bedroom Apartments

Market Slip

2 S 17th StRichmond, VA 23219
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101 Poe St
2 Bedroom Apartments

101 Poe St

101 Poe StRichmond, VA 23222
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Tracks at the Masonry
Studio to 2 Bedroom Apartments

Tracks at the Masonry

1716 E Cary StRichmond, VA 23223
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The Rosa
1 Bedroom Apartments

The Rosa

744 N 2nd StRichmond, VA 23219
Senior Living
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501-503 E Main St
1 Bedroom Apartments

501-503 E Main St

501-503 E Main StRichmond, VA 23219

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Ashley Oaks Apartments
2 to 3 Bedroom Apartments

Ashley Oaks Apartments

1400 Jennie Scher RdRichmond, VA 23231
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1822 Williamsburg Rd
Studio to 2 Bedroom Apartments

1822 Williamsburg Rd

1822 Williamsburg RdRichmond, VA 23231
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Linden Tower
1 to 2 Bedroom Apartments

Linden Tower

116 E Franklin StRichmond, VA 23219
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Cedar Broad
1 to 3 Bedroom Apartments

Cedar Broad

1820 E Broad StRichmond, VA 23223
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Mallard Greens
1 to 3 Bedroom Apartments

Mallard Greens

2852 Fairfield AveRichmond, VA 23223
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Old Stone Row
1 to 2 Bedroom Apartments

Old Stone Row

2001 E Franklin StRichmond, VA 23223
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Peter Paul, Richmond, VA Local Guide

Cheapest Available Peter Paul Apartments for Rent

 

The cheapest available apartment rental in the Peter Paul area of Richmond, VA is a 1 Bed unit found at The Attain priced from $940. Van de Vyver has the second lowest priced unit, which is a Studio apartment currently listed from $998. Here are the most affordable Peter Paul apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
The AttainGranby1BR,1BA$940
Van de VyverThe ReserveStudio,1BA$998
Hopper LoftsA21BR,1BA$999
New Manchester FlatsThe Decatur1BR,1BA$999
Jefferson Townhouses1X11BR,1BA$1,000
Kings Point Apartments1BR/1BA1BR,1BA$1,030
The Mezzo LoftsMontage Gallery - StudiosStudio,1BA$1,041
Cedar BroadA2b1BR,1BA$1,045
Townsend SquareTownhomes starting at $1050.00- Now Accepting A...2BR,1BA$1,050

Best Value Apartments for Rent in Peter Paul, VA

As of December 17, 2025 the best value apartment in the Peter Paul area is the $1.07 price per square foot Two Bed Two Bath Model at Broadway Apartments in the in the Downtown Richmond neighborhood starting from $1,466. The second greatest value Peter Paul apartment is the Canal 236 2 Beds Model at Lofts and Upper Lofts at Canal Walk - Canal I and Canal II starting at $1,581 with a $1.22 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Peter Paul apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Broadway ApartmentsTwo Bed Two Bath2BR,2BA$1.07
Lofts and Upper Lofts at Canal Walk - Canal I and Canal IICanal 236 2 BedsStudio ,1BA$1.22
Raven PlaceB1.12BR,2BA$1.47
Townsend SquareTownhomes starting at $1050.00- Now Accepting A...2BR,1BA$0.91
209 E Main StUnit 208A2BR,1BA$1.36
Lofts and Upper Lofts at Canal Walk IIIOne Bedroom1BR,1BA$1.23
Hatcher Tobacco Flats3X23BR,2BA$1.23
Marshall Street Apartments1BR/1.0BA1BR,1BA$1.25
Mallard GreensHoliday Cheer Starts at Mallard Greens Townhome...2BR,1BA$1.33
1527 Mechanicsville Tpke, Unit 11527 Mechanicsville Tpke1BR,1BA$1.17

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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The Ultimate Renter's Guide for Finding the Perfect Student Friendly Richmond Neighborhood to Rent

Learn about the best neighborhoods for student renters near Richmond Colleges and Universities by our Local Expert Richard Corrigan

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Peter Paul, Richmond, VA

Ranked #24

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Peter Paul, Richmond, VA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States including Peter Paul, Richmond, and the greater Richmond area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Peter Paul Neighborhood in Richmond, VA

Walk Score®

57 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Peter Paul Apartments

What is the Cheapest Studio apartment in Peter Paul?

Currently the most affordable Cheap Studio Apartment in Peter Paul is at Van de Vyver listed at $998.

How much is rent for a Cheap One Bedroom Peter Paul Apartment?

The lowest price for a Cheap One Bedroom Peter Paul Apartment is $940 at The Attain.

What is the lowest price for a Cheap Two Bedroom Peter Paul Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Peter Paul is starting from $1,050 at Townsend Square.

What is the most affordable Peter Paul Three Bedroom Apartment?

The best deal on a cheap Peter Paul Three Bedroom Apartment rental is at Hatcher Tobacco Flats and starts from $1,269.

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.

Articles, How-To's, and Tips

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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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!