
Cheap Apartments for Rent in the Randolph Neighborhood of Richmond, VA from $500 (136 Rentals)
Search the lowest-cost Apartments available for rent right now in the Randolph area of Richmond.


Belle Summit

City View Place

Eagle Mill Lofts

New Manchester Flats

Van de Vyver

Total Monthly Price
1130 W Grace St

Norcroft Townhomes-55 and older

Kensington, Patterson Place and Grove Ave

Park at Forest Hill
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

The Berkshire

Forest Hill

Total Monthly Price
209 E Main St

Total Monthly Price
2000 Riverside Apartments

Grace & Monroe Apartments

2400 Barton Ave

Miller Lofts @ Plant Zero

The Foundry Apartments

Total Monthly Price
Towers on Franklin

Capitol Lofts
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.

The Current

Total Monthly Price
700 West 44

The Edison

Atrium on Broad Apartments

Monroe Park Towers Apartments

Mortons Apartments

The Corner Lofts

Total Monthly Price
Spectrum Apartments

Total Monthly Price
Ashton Square Apartments

The Concord Northside
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.

The Mirage Manchester

The Biggs Building

South Bank

The Mezzo Lofts

District Square Apartments

Total Monthly Price
17 W Main St, Unit 203

Park Northside Apartments

1607 Brookfield St

Total Monthly Price
Franklin Street Apartments

1608 Brookfield St
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.

1209 Hull Street- Dogtown

Total Monthly Price
Smokehouse Lofts

Hopper Lofts

Cookie Factory Lofts

Railyard Flats

Spur Line Lofts

Trolley Lofts

Flats at 14th

Total Monthly Price
Iron House Apartments

1610 Fendall Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Randolph, Richmond, VA Local Guide

How much does it cost to rent an apartment in Randolph?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Randolph Studio Apartments | $1,486 | $998 | $7,105 |
| Randolph 1 Bedroom Apartments | $1,688 | $856 | $8,413 |
| Randolph 2 Bedroom Apartments | $2,161 | $939 | $10,000+ |
| Randolph 3 Bedroom Apartments | $2,294 | $810 | $10,000+ |
| Randolph 4 Bedroom Apartments | $1,022 | $710 | $3,480 |
Browse Apartments in this Neighborhood
There are currently 136 rentals with your search options within a 2 mile radius of the Randolph Neighborhood of Richmond, VA.
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Randolph, Richmond, VA Local Guide
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Cheapest Available Randolph Apartments for Rent
 The cheapest available apartment rental in the Randolph area of Richmond, VA is a 1 Bed unit found at Manchester Grand Apartments priced from $770. Hatcher Tobacco Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $933. Here are the most affordable Randolph apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Manchester Grand Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $770 |
| Hatcher Tobacco Flats | 1X1 | 1BR,1BA | $933 |
| New Manchester Flats | The Everett | 3BR,2BA | $950 |
| Eagle Mill Lofts | 2bed 2bth | 2BR,2BA | $950 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| Belle Summit | Rainer | 2BR,2BA | $1,020 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
| City View Place | 2 Bedroom | 2BR,1BA | $1,090 |
| 209 E Main St | Unit 4,6,8 | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Randolph, VA
As of July 05, 2026 the best value apartment in the Randolph area is the $0.19 price per square foot 3 Beds, 2 Baths Model at 1318 W. Broad St. in the in the Near West neighborhood starting from $1,895. The second greatest value Randolph apartment is the 2509 Seminary Ave Model at 2509 Seminary Ave, Unit # B starting at $1,395 with a $0.62 price per square foot in the Bellevue neighborhood. Here is today’s list of the best values for Randolph apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1318 W. Broad St. | 3 Beds, 2 Baths | 3BR,2BA | $0.19 |
| 2509 Seminary Ave, Unit # B | 2509 Seminary Ave | 2BR,1BA | $0.62 |
| 16 W Broad St, Unit Apartment 1 | 16 W Broad St | 3BR,2BA | $1.36 |
| 1103 W Franklin St | 3 Beds, 1.5 Baths | 3BR,1.5BA | $1.36 |
| 200 Minor Street Quad | 3 Beds, 1 Baths | 3BR,1BA | $1.18 |
| 210 E Grace St | 2 Bed/2 Bath | 2BR,2BA | $1.35 |
| City View Place | 2 Bedroom | 2BR,1BA | $1.18 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1.28 |
| Belle Summit | Rainer | 2BR,2BA | $1.21 |
| Hatcher Tobacco Flats | 1X1 | 1BR,1BA | $1.31 |
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.
Read ArticleThe 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
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Lifestyle Ratings
This website compares millions of points of data to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across Virginia, including Richmond. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Randolph Apartments
What is a cheap apartment in Randolph?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Randolph is under $1,100.
What is the price of a cheap apartment in Randolph?
The cheapest apartment in Randolph is Manchester Grand Apartments which is listed at $770, while the average apartment in Randolph costs $2,249.
What types of apartments are the cheapest in Randolph?
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 200 regular apartments in Randolph 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 Randolph?
Cheap apartments in Randolph have an average cost of $434 which is $1,815 cheaper than the average rent for all rentals in Randolph.
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.

Your Richmond Neighborhood Guide: Living Near the City's Top Employers
Written by: Richard Corrigan
Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.