Cheap Apartments for Rent in the Shockoe Bottom Neighborhood of Richmond, VA from $700 (14 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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Jefferson Mews
1 to 3 Bedroom Apartments

Jefferson Mews

600 Jefferson AveRichmond, VA 23223
  • Utilities Included
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Market Slip
1 to 2 Bedroom Apartments

Market Slip

2 S 17th StRichmond, VA 23219
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Tracks at the Masonry
Studio to 2 Bedroom Apartments

Tracks at the Masonry

1716 E Cary StRichmond, VA 23223
  • Utilities Included

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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.

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Tobacco Landing
1 to 2 Bedroom Apartments

Tobacco Landing

2701 E Main StRichmond, VA 23223
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Cedar Broad
1 to 3 Bedroom Apartments

Cedar Broad

1820 E Broad StRichmond, VA 23223
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Old Stone Row
1 to 2 Bedroom Apartments

Old Stone Row

2001 E Franklin StRichmond, VA 23223
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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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Cheapest Available Shockoe Bottom Apartments for Rent

 

The cheapest available apartment rental in the Shockoe Bottom area of Richmond, VA is a Studio unit found at The Attain priced from $943. Cedar Broad has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,045. Here are the most affordable Shockoe Bottom apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
The AttainWest EndStudio,1BA$943
Cedar BroadA2b1BR,1BA$1,045
Lofts and Upper Lofts at Canal Walk - Canal I and Canal IICanal 236 StudioStudio,1BA$1,065
The Collection at American Tobacco CenterSCommons-A41BR,1BA$1,149
The Lofts at Shiplock Watch1BR x 1 Bath (1447g11a)1BR,1BA$1,170

Best Value Apartments for Rent in Shockoe Bottom, VA

As of January 26, 2026 the best value apartment in the Shockoe Bottom area is the $1.47 price per square foot B1.1 Model at Raven Place in the in the Downtown Richmond neighborhood starting from $1,730. The second greatest value Shockoe Bottom apartment is the CO-B One Bedroom, One Bathroom Model at Consolidated starting at $1,515 with a $1.46 price per square foot in the East 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.
Raven PlaceB1.12BR,2BA$1.47
ConsolidatedCO-B One Bedroom, One Bathroom1BR,1BA$1.46
The Dill BuildingDill-A121BR,1BA$1.43
Old Stone RowOS B52BR,2BA$1.68
Market Villas2 Bedroom 1 Bath - 190162BR,1BA$1.71
American CigarAC-H One Bedroom, One Bathroom1BR,1BA$1.66
Pohlig Box Factory ApartmentsPohlig - 1 Bedroom1BR,1BA$1.68
Shockoe CenterSCenter-A111BR,1BA$1.56
The Lofts at Shiplock Watch1BR x 1 Bath (1447g11a)1BR,1BA$1.56
Lofts and Upper Lofts at Canal Walk - Canal I and Canal IICanal 236 StudioStudio ,1BA$1.51

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 Cedar Broad which is listed at $1,045, while the average apartment in Shockoe Bottom costs $2,295.

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 38 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 $293 which is $2,002 cheaper than the average rent for all rentals in Shockoe Bottom.

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

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

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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.

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Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters

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Articles, How-To's, and Tips

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

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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Apartment Common Area Rules: What Renters Need to Know

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Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.