
Cheap Apartments for Rent in the Shockoe Slip Neighborhood of Richmond, VA from $500 (167 Rentals)
Search the lowest-cost Apartments available for rent right now in the Shockoe Slip area of Richmond.


Belle Summit

Total Monthly Price
American Tobacco Collection

Liberty Circle Apartments

Total Monthly Price
Lofts and Upper Lofts at Canal Walk III

Total Monthly Price
1301 Idlewood Ave, Unit 1301

Total Monthly Price
Creighton Renaissance Apartments

City View Place

New Manchester Flats

516 S Pine St
The Richmond Renter's Guide to Living Near Work
Get the inside scoop on Richmond's most livable neighborhoods and find the perfect apartment close to where you work. Our local expert breaks it all down by the city's top employers like VCU Health and Costar.

Van de Vyver

Raven Place

Jefferson Townhouses

Total Monthly Price
The Masonry Apartments

Flats at 25th

927 N 20th St

Total Monthly Price
Townsend Square

The Berkshire

The Edison

The River Lofts at Tobacco Row
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

302 Goshen St

Total Monthly Price
209 E Main St

The Attain

Glenwood Ridge Apartments

NOON Ingram

Eagle Mill Lofts

Miller Lofts @ Plant Zero

The Foundry Apartments

Total Monthly Price
Towers on Franklin

Swansboro Place
Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA
Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.

Forest Square Apartments

District Square Apartments

Hopper Lofts

Total Monthly Price
Spectrum Apartments

The Concord Northside

The Mirage Manchester

The Biggs Building

Total Monthly Price
2000 Riverside Apartments

The Corner Lofts

Total Monthly Price
Smokehouse Lofts
Richmond’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

1209 Hull Street- Dogtown

Park Northside Apartments

Total Monthly Price
311 W. Franklin

Total Monthly Price
T and E Apartments

311 W Franklin St, Unit 1105

503 E Main St

400 W Grace St, Unit 3

615 N 32nd St, Unit A

615 N 32nd St, Unit C

Shockoe Valley View
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Shockoe Slip, Richmond, VA Local Guide

How much does it cost to rent an apartment in Shockoe Slip?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shockoe Slip Studio Apartments | $1,425 | $998 | $2,327 |
| Shockoe Slip 1 Bedroom Apartments | $1,498 | $800 | $2,991 |
| Shockoe Slip 2 Bedroom Apartments | $1,842 | $939 | $4,315 |
| Shockoe Slip 3 Bedroom Apartments | $2,180 | $819 | $4,265 |
| Shockoe Slip 4 Bedroom Apartments | $1,327 | $710 | $5,859 |
Browse Apartments in this Neighborhood
There are currently 167 rentals with your search options within a 2 mile radius of the Shockoe Slip Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
Shockoe Slip, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Shockoe Slip Apartments for Rent
 The cheapest available apartment rental in the Shockoe Slip area of Richmond, VA is a 1 Bed unit found at 11 E Broad St priced from $749. Manchester Grand Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. Here are the most affordable Shockoe Slip apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 11 E Broad St | 1 Beds, 1 Baths | 1BR,1BA | $749 |
| Manchester Grand Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $770 |
| Tobacco Landing | One Bedroom | 1BR,1BA | $851 |
| Lofts and Upper Lofts at Canal Walk III | Studio | Studio,1BA | $900 |
| Hatcher Tobacco Flats | 1X1 | 1BR,1BA | $933 |
| New Manchester Flats | The Everett | 3BR,2BA | $950 |
| Creighton Renaissance Apartments | One Bedroom - B | 1BR,1BA | $981 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
Best Value Apartments for Rent in Shockoe Slip, VA
As of August 02, 2026 the best value apartment in the Shockoe Slip area is the $0.58 price per square foot 1301 Idlewood Ave Model at 1301 Idlewood Ave, Unit 1301 in the in the Near West neighborhood starting from $926. The second greatest value Shockoe Slip apartment is the Two Bed Two Bath Model at Broadway Apartments starting at $1,771 with a $1.30 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Shockoe Slip apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1301 Idlewood Ave, Unit 1301 | 1301 Idlewood Ave | 4BR,2BA | $0.58 |
| Broadway Apartments | Two Bed Two Bath | 2BR,2BA | $1.30 |
| Townsend Square | Townhomes starting at $1080.00- Now Accepting A... | 2BR,1BA | $0.94 |
| The Gardens at Manchester | Two Bedroom Two Bath Large Premier | 2BR,2BA | $1.23 |
| Glenwood Ridge Apartments | 2 bedroom | 2BR,2BA | $1.13 |
| City View Place | 2 Bedroom | 2BR,1BA | $1.18 |
| Belle Summit | Rainer | 2BR,2BA | $1.21 |
| Creighton Renaissance Apartments | One Bedroom - B | 1BR,1BA | $1.26 |
| Hatcher Tobacco Flats | 1X1 | 1BR,1BA | $1.26 |
| Tobacco Landing | One Bedroom | 1BR,1BA | $1.29 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Renter's Guide for Finding the Perfect Student Friendly Richmond Neighborhood to Rent
Learn about the best neighborhoods for student renters near Richmond Colleges and Universities by our Local Expert Richard Corrigan
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleShockoe Slip, Richmond, VA
Ranked #9
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
This website is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Shockoe Slip, Richmond, and the greater Richmond area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best outdoor access, transit availability, pet-friendly communities, places to raise kids, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Shockoe Slip Apartments
What is a cheap apartment in Shockoe Slip?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Shockoe Slip is under $998.
What is the price of a cheap apartment in Shockoe Slip?
The cheapest apartment in Shockoe Slip is 11 E Broad St which is listed at $749, while the average apartment in Shockoe Slip costs $1,550.
What types of apartments are the cheapest in Shockoe Slip?
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 186 regular apartments in Shockoe Slip 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 Slip?
Cheap apartments in Shockoe Slip have an average cost of $529 which is $1,021 cheaper than the average rent for all rentals in Shockoe Slip.
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

Your Richmond Neighborhood Guide: Living Near the City's Top Employers
Written by: Richard Corrigan
Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.

Explore The River City Like a Local: The Insider's 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.

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.

A Local Expert's 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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.