Search the lowest-cost Apartments available for rent right now in the Shockoe Bottom area of Richmond.
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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shockoe Bottom Studio Apartments | $1,218 | $1,073 | $1,310 |
| Shockoe Bottom 1 Bedroom Apartments | $1,454 | $1,105 | $2,750 |
| Shockoe Bottom 2 Bedroom Apartments | $1,787 | $1,304 | $3,250 |
| Shockoe Bottom 3 Bedroom Apartments | $2,263 | $1,969 | $2,750 |
| Shockoe Bottom 4 Bedroom Apartments | $3,938 | $2,000 | $5,876 |
There are currently 65 rentals with your search options within a 2 mile radius of the Shockoe Bottom Neighborhood of Richmond, VA.
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Write a ReviewThe cheapest available apartment rental in the Shockoe Bottom area of Richmond, VA is a 1 Bed unit found at American Tobacco Collection priced from $922. Lofts and Upper Lofts at Canal Walk - Canal I and Canal II has the second lowest priced unit, which is a Studio apartment currently listed from $1,068. Here are the most affordable Shockoe Bottom apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| American Tobacco Collection | SCenter-A3 | 1BR,1BA | $922 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 Studio | Studio,1BA | $1,068 |
| The Attain | Capitol | Studio,1BA | $1,073 |
| Tobacco Landing | Two Bedroom | 2BR,2BA | $1,200 |
| Old Stone Row | OS A9 | 1BR,1BA | $1,236 |
| Lofts and Upper Lofts at Canal Walk III | Studio | Studio,1BA | $1,245 |
| The Masonry Apartments | Masonry TS-A1 | 1BR,1BA | $1,290 |
| Atrium Lofts at Cold Storage | One Bedroom | 1BR,1BA | $1,300 |
| The Lofts at Shiplock Watch | A1 | 1BR,1BA | $1,311 |
| The River Lofts at Tobacco Row | K-Z One Bedroom, One Bathroom | 1BR,1BA | $1,320 |
As of June 12, 2026 the best value apartment in the Shockoe Bottom area is the $0.89 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 $1,162. The second greatest value Shockoe Bottom apartment is the 2 Bedroom 2 Bath - 30004 Model at 10 Walnut Alley starting at $1,555 with a $1.24 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Shockoe Bottom 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 | $0.89 |
| 10 Walnut Alley | 2 Bedroom 2 Bath - 30004 | 2BR,2BA | $1.24 |
| Raven Place | B1.1 | 2BR,2BA | $1.50 |
| Consolidated | CO-B One Bedroom, One Bathroom | 1BR,1BA | $1.42 |
| Tobacco Landing | Two Bedroom | 2BR,2BA | $1.33 |
| Market Villas | 2 Bedroom 2 Bath - 60076 | 2BR,2BA | $1.64 |
| The River Lofts at Tobacco Row | C-W One Bedroom, One Bathroom | 1BR,1BA | $1.79 |
| American Cigar | AC-D One Bedroom, One Bathroom | 1BR,1BA | $1.71 |
| Atrium Lofts at Cold Storage | One Bedroom | 1BR,1BA | $1.67 |
| 18th Street Lofts | 1BR/1.0BA | 1BR,1BA | $1.78 |
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Shockoe Bottom is under $1,320.
The cheapest apartment in Shockoe Bottom is American Tobacco Collection which is listed at $1,025, while the average apartment in Shockoe Bottom costs $3,938.
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 30 regular apartments in Shockoe Bottom that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Shockoe Bottom have an average cost of $976 which is $2,962 cheaper than the average rent for all rentals in Shockoe Bottom.
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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