Search the lowest-cost Apartments available for rent right now in the Peter Paul area of Richmond.
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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peter Paul Studio Apartments | $1,314 | $998 | $2,409 |
| Peter Paul 1 Bedroom Apartments | $1,491 | $770 | $3,042 |
| Peter Paul 2 Bedroom Apartments | $1,741 | $879 | $3,795 |
| Peter Paul 3 Bedroom Apartments | $2,280 | $759 | $3,104 |
| Peter Paul 4 Bedroom Apartments | $1,154 | $689 | $1,620 |
There are currently 85 rentals with your search options within a 2 mile radius of the Peter Paul Neighborhood of Richmond, VA.
See all Apartments in RichmondThe cheapest available apartment rental in the Peter Paul area of Richmond, VA is a 1 Bed unit found at Tobacco Landing priced from $709. Creighton Renaissance Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. Here are the most affordable Peter Paul apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tobacco Landing | One Bedroom | 1BR,1BA | $709 |
| Creighton Renaissance Apartments | One Bedroom - D | 1BR,1BA | $770 |
| Hatcher Tobacco Flats | 1X1 | 1BR,1BA | $933 |
| Highland Terrace Apartments | 2-Bedroom | 2BR,2BA | $946 |
| New Manchester Flats | The Everett | 3BR,2BA | $950 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $995 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| 1619 N 28th St | 1 Bed 1 Bath - Furnished | 1BR,1BA | $1,000 |
| Jefferson Townhouses | 1X1 | 1BR,1BA | $1,000 |
| Hopper Lofts | A1 | 1BR,1BA | $1,012 |
As of March 14, 2026 the best value apartment in the Peter Paul area is the $0.98 price per square foot Canal 236 1 Bed Model at Lofts and Upper Lofts at Canal Walk - Canal I and Canal II in the in the Downtown Richmond neighborhood starting from $1,271. The second greatest value Peter Paul apartment is the 2 Beds 1 Bath Model at 110 E Cary St starting at $1,500 with a $1.26 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. |
|---|---|---|---|
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 1 Bed | 1BR,1BA | $0.98 |
| 110 E Cary St | 2 Beds 1 Bath | 2BR,1BA | $1.26 |
| Townsend Square | Townhomes starting at $1050.00- Now Accepting A... | 2BR,1BA | $0.91 |
| Trolley Lofts | 2 Bedroom / 2 Bath - 700sqft | 2BR,2BA | $1.20 |
| Lofts and Upper Lofts at Canal Walk III | One Bedroom | 1BR,1BA | $1.29 |
| Marshall Street Apartments | 1 Bedroom / 1 Bath - 632sqft | 1BR,1BA | $1.23 |
| Highland Terrace Apartments | 2-Bedroom | 2BR,2BA | $0.96 |
| City View Place | 2 Bedroom Unit | 2BR,1.5BA | $1.18 |
| Tobacco Landing | Two Bedroom | 2BR,2BA | $1.14 |
| Mallard Greens | March Forward With Unbeatable Offers...Call Now!! | 2BR,1BA | $1.33 |
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Read ArticleThe 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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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!
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Peter Paul is under $1,012.
The cheapest apartment in Peter Paul is Creighton Renaissance Apartments which is listed at $770, while the average apartment in Peter Paul costs $2,390.
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 116 regular apartments in Peter Paul that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Peter Paul have an average cost of $478 which is $1,912 cheaper than the average rent for all rentals in Peter Paul.
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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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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