
Cheap Apartments for Rent in the Shockoe Bottom Neighborhood of Richmond, VA from $700 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Shockoe Bottom area of Richmond.


The Attain

The Collection at American Tobacco Center

Jefferson Mews

Market Slip

Tracks at the Masonry

Bowler Retirement Community
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Tobacco Landing

Cedar Broad

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

Old Stone Row

Terrace at the Masonry

Lofts and Upper Lofts at Canal Walk III

Engine at The Masonry
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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 | $1,248 | $864 | $2,215 |
| Shockoe Bottom 1 Bedroom Apartments | $1,476 | $958 | $1,950 |
| Shockoe Bottom 2 Bedroom Apartments | $1,731 | $1,198 | $2,500 |
| Shockoe Bottom 3 Bedroom Apartments | $2,193 | $1,899 | $2,469 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Shockoe Bottom Neighborhood of Richmond, VA.
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Attain | West End | Studio,1BA | $943 |
| Cedar Broad | A2b | 1BR,1BA | $1,045 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 Studio | Studio,1BA | $1,065 |
| The Collection at American Tobacco Center | SCommons-A4 | 1BR,1BA | $1,149 |
| The Lofts at Shiplock Watch | 1BR 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Raven Place | B1.1 | 2BR,2BA | $1.47 |
| Consolidated | CO-B One Bedroom, One Bathroom | 1BR,1BA | $1.46 |
| The Dill Building | Dill-A12 | 1BR,1BA | $1.43 |
| Old Stone Row | OS B5 | 2BR,2BA | $1.68 |
| Market Villas | 2 Bedroom 1 Bath - 19016 | 2BR,1BA | $1.71 |
| American Cigar | AC-H One Bedroom, One Bathroom | 1BR,1BA | $1.66 |
| Pohlig Box Factory Apartments | Pohlig - 1 Bedroom | 1BR,1BA | $1.68 |
| Shockoe Center | SCenter-A11 | 1BR,1BA | $1.56 |
| The Lofts at Shiplock Watch | 1BR x 1 Bath (1447g11a) | 1BR,1BA | $1.56 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 Studio | Studio ,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

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.

Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters
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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.

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