Cheap Apartments for Rent in the Shockoe Slip Neighborhood of Richmond, VA from $500 (143 Rentals)

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

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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 1 Bed unit found at New Manchester Flats priced from $766. Eagle Mill Lofts has the second lowest priced unit, which is a Studio 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 Decatur1BR,1BA$766
Eagle Mill LoftsStudiosStudio,1BA$925
NOON IngramThe Joplin - 50%1BR,1BA$992
Van de VyverThe ReserveStudio,1BA$998
Dogtown Apartments1 Bedroom Standard1BR,1BA$999
Jefferson Townhouses1X11BR,1BA$1,000
The Foundry ApartmentsOne Bedroom1BR,1BA$1,013
Belle SummitRainer2BR,2BA$1,020
Cedar BroadA2b1BR,1BA$1,045
Townsend SquareTownhomes starting at $1050.00- Now Accepting A...2BR,1BA$1,050

Best Value Apartments for Rent in Shockoe Slip, VA

As of August 11, 2025 the best value apartment in the Shockoe Slip area is the $1.31 price per square foot 308 E Leigh St Model at 308 E Leigh St, Unit 1 in the in the Downtown Richmond neighborhood starting from $2,395. The second greatest value Shockoe Slip apartment is the 803 W Broad St Model at 803 W Broad St, Unit 1 starting at $2,250 with a $1.32 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.
308 E Leigh St, Unit 1308 E Leigh St3BR,2BA$1.31
803 W Broad St, Unit 1803 W Broad St3BR,2BA$1.32
Marshall Park4x4 - Priced Per Bedroom4BR,4BA$0.58
1300 Grove Ave, Unit 31300 Grove Ave2BR,1BA$1.17
Lofts and Upper Lofts at Canal WalkCanal 236 2 BedsStudio ,1BA$1.30
Townsend SquareTownhomes starting at $1050.00- Now Accepting A...2BR,1BA$0.91
Venus At Manchester Apartments2 -Bedroom, 2-Bath2BR,2BA$1.20
Hatcher Tobacco Flats3X23BR,2BA$1.23
Belle SummitRainer2BR,2BA$1.21
Mallard GreensTWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH...2BR,1BA$1.33

Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Shockoe Slip, Richmond, VA

Ranked #6

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,050.

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

The cheapest apartment in Shockoe Slip is New Manchester Flats which is listed at $766, while the average apartment in Shockoe Slip costs $2,145.

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 199 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 $499 which is $1,646 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.

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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.

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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.

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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.

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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.