Cheap Apartments for Rent in the Shockoe Bottom Neighborhood of Richmond, VA from $700 (13 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
  • Utilities Included
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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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Old Stone Row
1 to 2 Bedroom Apartments

Old Stone Row

2001 E Franklin StRichmond, VA 23223
  • Utilities Included

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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

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 The Masonry Apartments priced from $995. Old Stone Row has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,015. Here are the most affordable Shockoe Bottom apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
The Masonry ApartmentsMasonry BF-A11BR,1BA$995
Old Stone RowOS A21BR,1BA$1,015
Attain ShockoeElmwood1BR,1BA$1,068
Poythress Apartments1BR/1.0BA1BR,1BA$1,125
The Edge ApartmentsEdge-A31BR,1BA$1,127

Best Value Apartments for Rent in Shockoe Bottom, VA

As of October 24, 2025 the best value apartment in the Shockoe Bottom area is the $1.48 price per square foot Dill-C2 Model at The Dill Building in the in the East neighborhood starting from $2,259. The second greatest value Shockoe Bottom apartment is the Canal 236 2 Beds Model at Lofts and Upper Lofts at Canal Walk starting at $1,637 with a $1.26 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.
The Dill BuildingDill-C23BR,3BA$1.48
Lofts and Upper Lofts at Canal WalkCanal 236 2 BedsStudio ,1BA$1.26
Raven PlaceB1.12BR,2BA$1.47
Lofts and Upper Lofts at Canal Walk IIITwo Bedroom2BR,2BA$1.64
American CigarAC-AA Two Bedroom, One Bathroom2BR,1BA$1.71
ConsolidatedCO-QL One Bedroom, One Bathroom1BR,1BA$1.57
Main25251BR/1.0BA1BR,1BA$1.73
Shockoe CenterSCenter-A111BR,1BA$1.60
The Lofts at Shiplock Watch1BR x 1 Bath (1447g11a)1BR,1BA$1.63
Poythress Apartments1BR/1.0BA1BR,1BA$1.76

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 The Masonry Apartments which is listed at $995, while the average apartment in Shockoe Bottom costs $5,599.

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 72 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 $1,637 which is $3,962 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

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.