
Cheap Homes for Rent in Shockoe Bottom Neighborhood of Richmond, VA from $1,200 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Shockoe Bottom area of Richmond.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

3319 E Marshall St
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.
Shockoe Bottom, Richmond, VA Local Guide

How much does it cost to rent a home in Shockoe Bottom?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shockoe Bottom 2 Bedroom Homes for Rent | $1,570 | $1,295 | $1,787 |
| Shockoe Bottom 3 Bedroom Homes for Rent | $2,397 | $2,195 | $2,600 |
| Shockoe Bottom 4 Bedroom Homes for Rent | $2,350 | $2,350 | $2,350 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Shockoe Bottom Neighborhood of Richmond, VA.
Explore Richmond
Best Value Apartments for Rent in Shockoe Bottom, VA
As of May 31, 2026 the best value apartment in the Shockoe Bottom area is the $1.46 price per square foot 2 Bedroom 2 Bath - 30004 Model at 10 Walnut Alley in the in the Downtown Richmond neighborhood starting from $1,830. The second greatest value Shockoe Bottom apartment is the B1.1 Model at Raven Place starting at $1,775 with a $1.50 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. |
|---|---|---|---|
| 10 Walnut Alley | 2 Bedroom 2 Bath - 30004 | 2BR,2BA | $1.46 |
| Raven Place | B1.1 | 2BR,2BA | $1.50 |
| Main2525 | 2BR/2.0BA | 2BR,2BA | $1.78 |
| Tobacco Landing | Two Bedroom | 2BR,2BA | $1.33 |
| American Cigar | AC-B One Bedroom, One Bathroom | 1BR,1BA | $1.74 |
| Atrium Lofts at Cold Storage | One Bedroom | 1BR,1BA | $1.71 |
| Cedar Broad | B1 | 2BR,2BA | $1.72 |
| River Lofts at Tobacco Row | CO-L One Bedroom, One Bathroom | 1BR,1BA | $1.75 |
| Consolidated | CO-L One Bedroom, One Bathroom | 1BR,1BA | $1.75 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 Studio | Studio ,1BA | $1.52 |
Frequently Asked Questions about Shockoe Bottom
What type of rentals are currently available in Shockoe Bottom?
There are currently 131 Apartments for Rent in Shockoe Bottom, VA with pricing that ranges from $1,027 to $3,250. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shockoe Bottom ranging from $1,295 to $2,600.
What is the current price range for Rental Homes in Shockoe Bottom?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shockoe Bottom ranges from $1,295 to $2,600 with an average monthly rent of $2,105.
How much are larger Three and Four Bedroom Rentals in Shockoe Bottom?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Shockoe Bottom range from $1,969 to $2,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $2,600. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $2,000.
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
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 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.

Explore The River City Like a Local: The Insiders 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.
Articles, How-To's, and Tips

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.