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Cheap Apartments for Rent in the Shockoe Bottom Neighborhood of Richmond, VA from $700 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Shockoe Bottom area of Richmond.
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Rent Specials
$925 - $1,770Studio to 3 Bedroom Apartments Available Now
The Masonry Apartments
2001 E Franklin StRichmond, VA 23223
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$970 - $2,113Studio to 3 Bedroom Apartments Contact Us For Availability
Attain Shockoe
1903 E Marshall StRichmond, VA 23223
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$1,015 - $1,5451 to 2 Bedroom Apartments Available Now
Old Stone Row
2005 E Franklin StRichmond, VA 23223
1816 E Franklin St
RichmondVA23223
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$1,180 - $1,2301 Bedroom Apartments Contact Us For Availability
1710 Lofts
1710 E Franklin StRichmond, VA 23223
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$1,195 - $2,195Studio to 2 Bedroom Apartments Available Now
Main2525
2525 E Main StRichmond, VA 23223
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.
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Rent Specials
$1,199 - $2,0491 to 3 Bedroom Apartments Available Now
Shockoe Valley View
1904 Cedar StRichmond, VA 23223
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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.
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Studio to 1 Bedroom Apartments
Lofts and Upper Lofts at Canal Walk - Canal I and Canal II
1900 E Cary StRichmond, VA 23223
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Studio to 2 Bedroom Apartments
Lofts and Upper Lofts at Canal Walk III
1901-1927 E Main StRichmond, VA 23223
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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Showing Results 1-22, Page 1 of 1
Shockoe Bottom, Richmond, VA Local Guide
Copyright CoStar Group, Inc
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 | $2,138 |
| Shockoe Bottom 1 Bedroom Apartments | $1,482 | $958 | $1,950 |
| Shockoe Bottom 2 Bedroom Apartments | $1,758 | $1,182 | $2,600 |
| Shockoe Bottom 3 Bedroom Apartments | $2,087 | $1,906 | $2,469 |
| Shockoe Bottom 4 Bedroom Apartments | $5,599 | $5,599 | $5,599 |
Browse Apartments in this Neighborhood
There are currently 22 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 Masonry Apartments priced from $925. 2001 East has the second lowest priced unit, which is a Studio apartment currently listed from $1,135. Here are the most affordable Shockoe Bottom apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Masonry Apartments | Masonry TS-S1 | Studio,1BA | $925 |
| 2001 East | Studio | Studio,1BA | $1,135 |
| The Edge Apartments | Edge-A3 | 1BR,1BA | $1,192 |
| Main2525 | 0BR/1.0BA | Studio,1BA | $1,195 |
| Shockoe Valley View | 1X1.2 | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in Shockoe Bottom, VA
As of December 10, 2025 the best value apartment in the Shockoe Bottom area is the $1.25 price per square foot Canal 236 2 Beds Model at Lofts and Upper Lofts at Canal Walk - Canal I and Canal II in the in the Downtown Richmond neighborhood starting from $1,625. 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 I and Canal II | Canal 236 2 Beds | Studio ,1BA | $1.25 |
| Raven Place | B1.1 | 2BR,2BA | $1.47 |
| Lofts and Upper Lofts at Canal Walk III | Two Bedroom | 2BR,2BA | $1.71 |
| Old Stone Row | OS B5 | 2BR,2BA | $1.65 |
| American Cigar | AC-H One Bedroom, One Bathroom | 1BR,1BA | $1.70 |
| The Dill Building | SCenter-A11 | 1BR,1BA | $1.70 |
| Pohlig Box Factory Apartments | Pohlig - 1 Bedroom | 1BR,1BA | $1.68 |
| Shockoe Center | SCenter-A11 | 1BR,1BA | $1.74 |
| The Lofts at Shiplock Watch | 1BR x 1 Bath (1447g11a) | 1BR,1BA | $1.63 |
| Consolidated | CO-L One Bedroom, One Bathroom | 1BR,1BA | $1.75 |
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 a cheap apartment in Shockoe Bottom?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Shockoe Bottom is under $1,255.
What is the price of a cheap apartment in Shockoe Bottom?
The cheapest apartment in Shockoe Bottom is The Edge Apartments which is listed at $1,192, 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 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 $1,626 which is $3,973 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.
Articles, How-To's, and Tips
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.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!