Cheap Apartments for Rent in the Shockoe Slip Neighborhood of Richmond, VA from $500 (167 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 4 Beds unit found at Liberty Circle Apartments priced from $820. Hatcher Tobacco Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $933. Here are the most affordable Shockoe Slip apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Liberty Circle ApartmentsTHE HIGHLAND FLOOR PLAN - BEDROOM II4BR,2BA$820
Hatcher Tobacco Flats1X11BR,1BA$933
Towers on FranklinRodneyStudio,1BA$949
Creighton Renaissance ApartmentsOne Bedroom - B1BR,1BA$981
The Masonry ApartmentsMasonry BF-A11BR,1BA$995
Van de VyverThe ReserveStudio,1BA$998
Dogtown Apartments1 Bedroom Standard1BR,1BA$999
New Manchester FlatsThe James1BR,1BA$999
Jefferson Townhouses1X11BR,1BA$1,000
Hopper LoftsA11BR,1BA$1,012

Best Value Apartments for Rent in Shockoe Slip, VA

As of October 24, 2025 the best value apartment in the Shockoe Slip area is the $1.20 price per square foot 715 W Clay St Model at 715 W Clay St, Unit B in the in the Downtown Richmond neighborhood starting from $2,195. The second greatest value Shockoe Slip apartment is the Canal 236 2 Beds Model at Lofts and Upper Lofts at Canal Walk starting at $1,637 with a $1.26 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.
715 W Clay St, Unit B715 W Clay St3BR,2BA$1.20
Lofts and Upper Lofts at Canal WalkCanal 236 2 BedsStudio ,1BA$1.26
Venus At Manchester Apartments2 -Bedroom, 2-Bath2BR,2BA$1.02
Flats at 25thElevation2BR,2BA$1.41
27th Townhomes2 Bedroom 1 Bath - 190332BR,1BA$1.11
Marshall Street Apartments1BR/1.0BA1BR,1BA$1.25
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
Hatcher Tobacco Flats1X11BR,1BA$1.41

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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 $1,012.

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

The cheapest apartment in Shockoe Slip is Hatcher Tobacco Flats which is listed at $933, while the average apartment in Shockoe Slip costs $2,020.

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 269 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 $662 which is $1,358 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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.