Cheap Apartments for Rent in the Shockoe Bottom Neighborhood of Richmond, VA from $600 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Shockoe Bottom area of Richmond.

The Masonry Apartments

Attain Shockoe

Old Stone Row

American Tobacco Center

Shockoe Valley View
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Lofts and Upper Lofts at Canal Walk III
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 | $1,295 | $864 | $2,005 |
Shockoe Bottom 1 Bedroom Apartments | $1,490 | $958 | $1,960 |
Shockoe Bottom 2 Bedroom Apartments | $1,715 | $1,201 | $3,199 |
Shockoe Bottom 3 Bedroom Apartments | $2,034 | $1,796 | $2,469 |
Shockoe Bottom 4 Bedroom Apartments | $5,949 | $5,949 | $5,949 |
Browse Apartments in this Neighborhood
There are currently 18 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 Attain Shockoe priced from $1,087. The Masonry Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here are the most affordable Shockoe Bottom apartments for rent in Richmond, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Attain Shockoe | Elmwood | 1BR,1BA | $1,087 |
The Masonry Apartments | Masonry BF-A1 | 1BR,1BA | $1,095 |
Old Stone Row | OS A5 | 1BR,1BA | $1,145 |
Shockoe Valley View | 1X1.2 | 1BR,1BA | $1,199 |
The Lofts at Shiplock Watch | The Lofts at Shiplock Watch - 1BR x 1 Bath (144... | 1BR,1BA | $1,235 |
Best Value Apartments for Rent in Shockoe Bottom, VA
As of September 04, 2025 the best value apartment in the Shockoe Bottom area is the $1.31 price per square foot Canal 236 2 Beds Model at Lofts and Upper Lofts at Canal Walk in the in the Downtown Richmond neighborhood starting from $1,706. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Lofts and Upper Lofts at Canal Walk | Canal 236 2 Beds | Studio ,1BA | $1.31 |
Raven Place | B1.1 | 2BR,2BA | $1.47 |
American Tobacco Center | ATC-C1 | 3BR,3BA | $1.91 |
Lava Lofts | 3900 Monument #9 | 2BR,2BA | $1.90 |
2001 East | B6 | 2BR,2BA | $1.82 |
Lofts and Upper Lofts at Canal Walk III | Two Bedroom | 2BR,2BA | $1.74 |
The Lofts at Shiplock Watch | The Lofts at Shiplock Watch - 1BR x 1 Bath (144... | 1BR,1BA | $1.65 |
Atrium Lofts at Cold Storage | One Bedroom | 1BR,1BA | $1.81 |
American Cigar | One Bedroom, One Bathroom | 1BR,1BA | $1.94 |
Poythress Apartments | 1BR/1.0BA | 1BR,1BA | $1.95 |
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Attain Shockoe which is listed at $1,087, while the average apartment in Shockoe Bottom costs $5,949.
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 58 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 $1,660 which is $4,289 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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.