Cheap Apartments for Rent in the Peter Paul Neighborhood of Richmond, VA from $500 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Peter Paul area of Richmond.

Miller Lofts @ Plant Zero

The Edison Apartments

Kings Point Apartments

210 E Grace St
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Van de Vyver

Jefferson Townhouses

Flats at 25th

District Square Apartments

Attain Shockoe

Shockoe Commons
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City View Place
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Carter Woods - 62 + Better Senior Community
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Peter Paul, Richmond, VA Local Guide

How much does it cost to rent an apartment in Peter Paul?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Peter Paul Studio Apartments | $1,260 | $965 | $2,523 |
Peter Paul 1 Bedroom Apartments | $1,514 | $950 | $3,660 |
Peter Paul 2 Bedroom Apartments | $1,844 | $799 | $7,039 |
Peter Paul 3 Bedroom Apartments | $2,272 | $699 | $3,259 |
Peter Paul 4 Bedroom Apartments | $1,573 | $599 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 42 rentals with your search options within a 2 mile radius of the Peter Paul Neighborhood of Richmond, VA.
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Peter Paul, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
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Cheapest Available Peter Paul Apartments for Rent
 The cheapest available apartment rental in the Peter Paul area of Richmond, VA is a 2 Beds unit found at New Manchester Flats priced from $837. Miller Lofts @ Plant Zero has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Peter Paul apartments for rent in Richmond, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
New Manchester Flats | The Bainbridge | 2BR,1BA | $837 |
Miller Lofts @ Plant Zero | 1 Bedroom 1 Bath | 1BR,1BA | $950 |
The Lofts at Shockoe Slip | The Lofts at Shockoe Slip 315 | Studio,1BA | $969 |
Kings Point Apartments | 1BR/1BA | 1BR,1BA | $990 |
210 E Grace St | Studio | Studio,1BA | $995 |
Old Stone Row | OS A10 | 1BR,1BA | $1,055 |
Lofts and Upper Lofts at Canal Walk | Canal 236 Studio | Studio,1BA | $1,056 |
Shockoe Commons | A2 | 1BR,1BA | $1,075 |
City View Place | 2 Bedroom Unit | 2BR,1BA | $1,092 |
Mallard Greens | TWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH... | 2BR,1BA | $1,103 |
Best Value Apartments for Rent in Peter Paul, VA
As of June 16, 2025 the best value apartment in the Peter Paul area is the $1.35 price per square foot 308 E Leigh St Model at 308 E Leigh St, Unit 1 in the in the Downtown Richmond neighborhood starting from $2,450. The second greatest value Peter Paul apartment is the 1BR/1.0BA Model at 1710 East Franklin Street starting at $1,310 with a $1.03 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
308 E Leigh St, Unit 1 | 308 E Leigh St | 3BR,2BA | $1.35 |
1710 East Franklin Street | 1BR/1.0BA | 1BR,1BA | $1.03 |
Raven Place | B1.1 | 2BR,2BA | $1.47 |
The Hudson | The Perry | 1BR,1BA | $1.11 |
Lofts and Upper Lofts at Canal Walk III | One Bedroom | 1BR,1BA | $1.24 |
Hatcher Tobacco Flats | 3X2 | 3BR,2BA | $1.23 |
Highland Terrace Apartments | 2-Bedroom | 2BR,2BA | $1.34 |
City View Place | 2 Bedroom Unit | 2BR,1.5BA | $1.18 |
Mallard Greens | TWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH... | 2BR,1BA | $1.33 |
Miller Lofts @ Plant Zero | 1 Bedroom 1 Bath | 1BR,1BA | $1.51 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestylePeter Paul, Richmond, VA
Ranked #25
Among neighborhoods in Richmond, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Peter Paul, Richmond, VA
Martin Luther King Jr. Middle
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 a cheap apartment in Peter Paul?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Peter Paul is under $1,103.
What is the price of a cheap apartment in Peter Paul?
The cheapest apartment in Peter Paul is Miller Lofts @ Plant Zero which is listed at $950, while the average apartment in Peter Paul costs $2,324.
What types of apartments are the cheapest in Peter Paul?
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 112 regular apartments in Peter Paul 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 Peter Paul?
Cheap apartments in Peter Paul have an average cost of $379 which is $1,945 cheaper than the average rent for all rentals in Peter Paul.
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.

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.

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.

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.

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.