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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1301 Idlewood Ave, Unit 1301
$926
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$926

Total Monthly Price
$926
4 Bedroom Apartment Available Now

1301 Idlewood Ave, Unit 1301

1301 Idlewood AveRichmond, VA 23220
Cost Per Sq.Ft.
property at 516 S Pine St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

Studio, 1 Bath Home for Rent

Available Aug 10

516 S Pine St

RichmondVA23220

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.

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The Masonry Apartments
Rent Specials
$1,016 - $1,791
Total Monthly Price

Total Monthly Price

Base Rent
$925 - $1,700
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Masonry Apartments

2001 E Franklin StRichmond, VA 23223
Student Housing
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property at 927 N 20th St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Home for Rent

Available Now

927 N 20th St

RichmondVA23223

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.

property at 302 Goshen St

$1,095 - $1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

Studio To 3 Bedroom Rentals

Available Now

302 Goshen St

RichmondVA23220
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209 E Main St
$1,100 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,700

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

209 E Main St

209 E Main StRichmond, VA 23219
Affordability
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Towers on Franklin
$1,135 - $2,139
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$990 - $1,994
Required Monthly Fees
$145

Total Monthly Price
$1,135 - $2,139
Studio to 2 Bedroom Apartments Contact Us For Availability

Towers on Franklin

104 W Franklin StRichmond, VA 23220
Student Housing
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  • Customer Reviewed
  • 3D Tour

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.

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Spectrum Apartments
$1,175 - $3,289
Total Monthly Price

Total Monthly Price

Base Rent
$1,175 - $3,289

Total Monthly Price
$1,175 - $3,289
Studio to 3 Bedroom Apartments Available Now

Spectrum Apartments

2017 Brook RdRichmond, VA 23220
Student Housing
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2000 Riverside Apartments
Rent Specials
$1,180 - $1,922
Total Monthly Price

Total Monthly Price

Base Rent
$1,180 - $1,922

Total Monthly Price
$1,180 - $1,922
Studio to 2 Bedroom Apartments Available Aug 15

2000 Riverside Apartments

2000 Riverside DrRichmond, VA 23225
Family Friendly
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  • Utilities Included
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Smokehouse Lofts
Rent Specials
$1,195
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195
1 Bedroom Apartments Available Aug 6

Smokehouse Lofts

110-114 S 15th StRichmond, VA 23219
Transit Friendly
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  • Utilities Included
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Richmond’s Best Affordable Neighborhoods

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

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311 W. Franklin
Rent Specials
$1,195 - $1,495
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $1,495

Total Monthly Price
$1,195 - $1,495
Studio to 1 Bedroom Apartments Available Now

311 W. Franklin

311 W Franklin StRichmond, VA 23220
Student Housing
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  • Utilities Included
  • Smoke Free
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T and E Apartments
Rent Specials
$1,195 - $1,395
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $1,395

Total Monthly Price
$1,195 - $1,395
2 to 3 Bedroom Apartments Available Aug 15

T and E Apartments

1011 W Marshall StRichmond, VA 23220
Cost Per Sq.Ft.
  • Verified
  • 3D Tour
  • Smoke Free
property at 503 E Main St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

1 Bedroom, 1 Bath Home for Rent

Available Now

503 E Main St

RichmondVA23219

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

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 ListingModel NameBed/BathPriced From
11 E Broad St1 Beds, 1 Baths1BR,1BA$749
Manchester Grand Apartments1 Bedroom, 1 Bathroom1BR,1BA$770
Tobacco LandingOne Bedroom1BR,1BA$851
Lofts and Upper Lofts at Canal Walk IIIStudioStudio,1BA$900
Hatcher Tobacco Flats1X11BR,1BA$933
New Manchester FlatsThe Everett3BR,2BA$950
Creighton Renaissance ApartmentsOne Bedroom - B1BR,1BA$981
Van de VyverThe ReserveStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1301 Idlewood Ave, Unit 13011301 Idlewood Ave4BR,2BA$0.58
Broadway ApartmentsTwo Bed Two Bath2BR,2BA$1.30
Townsend SquareTownhomes starting at $1080.00- Now Accepting A...2BR,1BA$0.94
The Gardens at ManchesterTwo Bedroom Two Bath Large Premier2BR,2BA$1.23
Glenwood Ridge Apartments2 bedroom2BR,2BA$1.13
City View Place2 Bedroom2BR,1BA$1.18
Belle SummitRainer2BR,2BA$1.21
Creighton Renaissance ApartmentsOne Bedroom - B1BR,1BA$1.26
Hatcher Tobacco Flats1X11BR,1BA$1.26
Tobacco LandingOne Bedroom1BR,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.

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The 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

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Real 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.

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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.

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Pet Friendly Lifestyle
Shockoe Slip, Richmond, VA

Ranked #9

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!

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.

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