Cheap Apartments for Rent in the Shockoe Slip Neighborhood of Richmond, VA from $500 (171 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Shockoe Slip area of Richmond.

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.

Read Article

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article

Richmond’s Best Affordable Neighborhoods

Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

Read Article

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
Showing Results 1-50, Page 1 of 4

Shockoe Slip, Richmond, VA Local Guide

Cheapest Available Shockoe Slip Apartments for Rent

 

The cheapest available apartment rental in the Shockoe Slip area of Richmond, VA is a 2 Beds unit found at New Manchester Flats priced from $837. 2001 East has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Shockoe Slip apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
New Manchester FlatsThe Bainbridge2BR,1BA$837
2001 EastA31BR,1BA$925
Miller Lofts @ Plant Zero1 Bedroom 1 Bath1BR,1BA$950
Eagle Mill Lofts2bed 1bth2BR,1BA$950
Dogtown Apartments1 Bedroom Standard1BR,1BA$999
The Foundry ApartmentsOne Bedroom1BR,1BA$1,013
Belle SummitRainer2BR,2BA$1,020
Coliseum LoftsE2.2Studio,1BA$1,049
Iron House Apartments1 Bedroom 1 Bathroom1BR,1BA$1,085

Best Value Apartments for Rent in Shockoe Slip, VA

As of June 22, 2025 the best value apartment in the Shockoe Slip area is the $0.51 price per square foot 4x2 - Priced Per Bedroom Model at Marshall Park in the in the Downtown Richmond neighborhood starting from $750. The second greatest value Shockoe Slip apartment is the 2BR/2.0BA Model at Park Plaza @ Belvidere starting at $1,877 with a $1.34 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.51
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.34
Lofts and Upper Lofts at Canal WalkCanal 236 1 Bed1BR,1BA$0.97
Marshall Street Apartments2BR/2.0BA2BR,2BA$1.22
The HudsonThe Perry1BR,1BA$1.11
Hatcher Tobacco Flats3X23BR,2BA$1.23
3002 Semmes Ave, Unit Downstairs3002 Semmes Ave2BR,1BA$1.02
City View Place2 Bedroom Unit2BR,1.5BA$1.18
Belle SummitRainer2BR,2BA$1.21
Mallard GreensTWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH...2BR,1BA$1.33

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Shockoe Slip, Richmond, VA

Ranked #4

Among neighborhoods in Richmond, VA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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!

Getting Around the Shockoe Slip Neighborhood in Richmond, VA

Walk Score®

86 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

82 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

60 / 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 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 $1,085.

What is the price of a cheap apartment in Shockoe Slip?

The cheapest apartment in Shockoe Slip is 2001 East which is listed at $925, while the average apartment in Shockoe Slip costs $3,980.

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 205 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 $407 which is $3,573 cheaper than the average rent for all rentals in Shockoe Slip.

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.

decorative image for A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.