
Cheap Apartments for Rent in the Shockoe Bottom Neighborhood of Richmond, VA from $735 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in the Shockoe Bottom area of Richmond.


Total Monthly Price
Raven Place

Total Monthly Price
American Tobacco Collection

Total Monthly Price
The River Lofts at Tobacco Row

Total Monthly Price
The Masonry Apartments

Total Monthly Price
The Attain

Total Monthly Price
Shockoe Valley View

Total Monthly Price
Poythress Apartments

Total Monthly Price
Atrium Lofts at Cold Storage

Total Monthly Price
Cigar Lofts
The Richmond Renter's Guide to Living Near Work
Get the inside scoop on Richmond's most livable neighborhoods and find the perfect apartment close to where you work. Our local expert breaks it all down by the city's top employers like VCU Health and Costar.

Total Monthly Price
Pohlig Box Factory Apartments

Total Monthly Price
The Bakery

Total Monthly Price
1710 Lofts

Total Monthly Price
Main2525

209 N 19th St, Unit 21

Total Monthly Price
Shiplock Views

Total Monthly Price
Overview

1731 E Main St

Total Monthly Price
Cooper Lofts

Total Monthly Price
The Waterford At Rocketts Landing
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Jefferson Mews

2001 East

Market Slip

Bowler Retirement Community

Tobacco Landing

Tracks at the Masonry

Shockoe Center

Dill Building

Cedar Broad

Old Stone Row
Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA
Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.

Terrace at the Masonry

Lofts and Upper Lofts at Canal Walk - Canal I and Canal II

Lofts and Upper Lofts at Canal Walk III

Engine at The Masonry

Market Villas

Old Stone Row

The Overview River Side Apartments

Cameron Kinney

Consolidated

American Cigar
Richmond’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

The Lofts at Franklin

Haxall View

3308 E Marshall Street

213-215 N 18th St

The Lofts at Shiplock Watch

18th Street Lofts

10 Walnut Alley

Lucky Strike Lofts

219 N 19th St

Fording Flats - All Utilities Included
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.
Shockoe Bottom, Richmond, VA Local Guide

How much does it cost to rent an apartment in Shockoe Bottom?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shockoe Bottom Studio Apartments | $1,276 | $1,210 | $1,334 |
| Shockoe Bottom 1 Bedroom Apartments | $1,449 | $959 | $2,750 |
| Shockoe Bottom 2 Bedroom Apartments | $1,777 | $1,325 | $3,250 |
| Shockoe Bottom 3 Bedroom Apartments | $2,201 | $1,600 | $2,750 |
| Shockoe Bottom 4 Bedroom Apartments | $5,649 | $5,649 | $5,649 |
Browse Apartments in this Neighborhood
There are currently 51 rentals with your search options within a 2 mile radius of the Shockoe Bottom Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
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 Tobacco Landing priced from $851. Lofts and Upper Lofts at Canal Walk III has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Shockoe Bottom apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tobacco Landing | One Bedroom | 1BR,1BA | $851 |
| Lofts and Upper Lofts at Canal Walk III | Studio | Studio,1BA | $900 |
| Raven Place | A4.1 | 1BR,1BA | $959 |
| American Tobacco Collection | Edge-A2 | 1BR,1BA | $977 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 Studio | Studio,1BA | $1,081 |
| The River Lofts at Tobacco Row | C-A One Bedroom, One Bathroom | 1BR,1BA | $1,090 |
| The Masonry Apartments | Masonry TS-A4 | 1BR,1BA | $1,091 |
| Market Villas | 0 Bedroom 1 Bath - 76389 | Studio,1BA | $1,100 |
| American Cigar | AC-P One Bedroom, One Bathroom | 1BR,1BA | $1,195 |
| Atrium Lofts at Cold Storage | One Bedroom | 1BR,1BA | $1,262 |
Best Value Apartments for Rent in Shockoe Bottom, VA
As of September 10, 2026 the best value apartment in the Shockoe Bottom area is the $1.25 price per square foot CR-XB Three Bedroom, Three Bathroom Model at Cutters Ridge in the in the East neighborhood starting from $2,500. The second greatest value Shockoe Bottom apartment is the 1BR/1.0BA Model at Main2525 starting at $1,395 with a $1.29 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cutters Ridge | CR-XB Three Bedroom, Three Bathroom | 3BR,3BA | $1.25 |
| Main2525 | 1BR/1.0BA | 1BR,1BA | $1.29 |
| Consolidated | CO-F Two Bedroom, Two Bathroom | 2BR,2BA | $1.57 |
| Lofts and Upper Lofts at Canal Walk III | Two Bedroom | 2BR,2BA | $1.59 |
| Old Stone Row | OS B9 | 2BR,2BA | $1.73 |
| Atrium Lofts at Cold Storage | One Bedroom | 1BR,1BA | $1.39 |
| 18th Street Lofts | 1BR/1.0BA | 1BR,1BA | $1.73 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 Studio | Studio ,1BA | $1.54 |
| Tobacco Landing | One Bedroom | 1BR,1BA | $1.29 |
| Raven Place | A.1 | 1BR,1BA | $1.87 |
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 Tobacco Landing which is listed at $851, while the average apartment in Shockoe Bottom costs $1,515.
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 47 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 $1,705 which is $0 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

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.

Explore The River City Like a Local: The Insider's 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 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.

A Local Expert's 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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.