Cheap Apartments for Rent in the Shockoe Bottom Neighborhood of Richmond, VA from $800 (18 Rentals)

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

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Shockoe Center
1 to 2 Bedroom Apartments

Shockoe Center

1900 E Franklin StRichmond, VA 23223

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Market Slip
1 to 2 Bedroom Apartments

Market Slip

2 S 17th StRichmond, VA 23219
  • Utilities Included
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The Dill Building
1 to 2 Bedroom Apartments

The Dill Building

2020 E Franklin StRichmond, VA 23223
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Old Stone Row
1 to 2 Bedroom Apartments

Old Stone Row

2001 E Franklin StRichmond, VA 23223
  • Utilities Included

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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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Engine at The Masonry
1 to 2 Bedroom Apartments

Engine at The Masonry

2026 E Main StRichmond, VA 23223
  • Utilities Included
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Jefferson Mews
3 Bedroom Apartments

Jefferson Mews

600 Jefferson AveRichmond, VA 23223
  • Utilities Included

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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Cameron Kinney
1 to 2 Bedroom Apartments

Cameron Kinney

2500 E Cary StRichmond, VA 23223
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The Lofts at Franklin
1 to 2 Bedroom Apartments

The Lofts at Franklin

1806-1816 E Franklin StRichmond, VA 23223
  • Utilities Included
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Haxall View
1 Bedroom Apartments

Haxall View

2101 E Main StRichmond, VA 23223

Cheapest Available Shockoe Bottom Apartments for Rent

 

The cheapest available apartment rental in the Shockoe Bottom area of Richmond, VA is a 1 Bed unit found at Old Stone Row priced from $1,055. Lofts and Upper Lofts at Canal Walk has the second lowest priced unit, which is a Studio apartment currently listed from $1,056. Here are the most affordable Shockoe Bottom apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Old Stone RowOS A101BR,1BA$1,055
Lofts and Upper Lofts at Canal WalkCanal 236 StudioStudio,1BA$1,056
Attain ShockoeGinter1BR,1BA$1,105
River Lofts at Tobacco RowOne Bedroom, One Bathroom1BR,1BA$1,185
American CigarOne Bedroom, One Bathroom1BR,1BA$1,240

Best Value Apartments for Rent in Shockoe Bottom, VA

As of June 14, 2025 the best value apartment in the Shockoe Bottom area is the $1.03 price per square foot 1BR/1.0BA Model at 1710 East Franklin Street in the in the Downtown Richmond neighborhood starting from $1,310. The second greatest value Shockoe Bottom apartment is the B1.1 Model at Raven Place starting at $1,730 with a $1.47 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1710 East Franklin Street1BR/1.0BA1BR,1BA$1.03
Raven PlaceB1.12BR,2BA$1.47
The Waterford At Rocketts LandingThe James2BR,2BA$2.03
Lofts and Upper Lofts at Canal Walk IIIOne Bedroom1BR,1BA$1.24
ConsolidatedOne Bedroom, One Bathroom1BR,1BA$1.53
Atrium Lofts at Cold StorageTwo Bedroom2BR,2BA$2.03
Old Stone RowOS B82BR,2BA$1.96
Lofts and Upper Lofts at Canal WalkCanal 236 StudioStudio ,1BA$1.51
Market Villas1BR/1.0BA1BR,1BA$1.81
Poythress Apartments1BR/1.0BA1BR,1BA$1.88

Getting Around the Shockoe Bottom Neighborhood in Richmond, VA

Walk Score®

89 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

62 / 100

Bikeable

Some bike infrastructure

Transit Score®

55 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Shockoe Bottom Apartments

What is the price of a cheap apartment in Shockoe Bottom?

The cheapest apartment in Shockoe Bottom is Old Stone Row which is listed at $1,055, while the average apartment in Shockoe Bottom costs $2,049.

What types of apartments are the cheapest in Shockoe Bottom?

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 34 regular apartments in Shockoe Bottom 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 Shockoe Bottom?

Cheap apartments in Shockoe Bottom have an average cost of $482 which is $1,567 cheaper than the average rent for all rentals in Shockoe Bottom.

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.

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A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA

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