
Cheap 1 Bedroom Apartments for Rent in the The Diamond Neighborhood of Richmond, VA from $1,099 (20 Rentals)


Southern Stove Lofts

Cookie Factory Lofts

Courtyard Lofts

The Summit at Scotts Addition

1 Scott's Addition
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

VIV at Scott's Collection

Soda Flats

SYMBOL Scotts Addition

Todd Lofts

The Westbrook Apartments at Brewers Row

The Ace
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.

INK at Scott's Collection

The Cooperage

Chasen

GEM at Scott's Collection

NOVEL Scott's Addition by Crescent Communities

The Scout Scotts Addition
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.

2903 Monument Ave

Osprey Lofts
The Diamond, Richmond, VA Local Guide

How much does it cost to rent an apartment in The Diamond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Diamond Studio Apartments | $1,737 | $1,275 | $4,548 |
The Diamond 1 Bedroom Apartments | $2,007 | $1,099 | $4,598 |
| The Diamond 2 Bedroom Apartments | $2,752 | $1,349 | $5,756 |
| The Diamond 3 Bedroom Apartments | $2,923 | $2,400 | $3,425 |
Explore Richmond
Frequently Asked Questions about Cheap The Diamond Apartments
What is a cheap apartment in The Diamond?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in The Diamond is under $1,550.
What is the price of a cheap apartment in The Diamond?
The cheapest apartment in The Diamond is The Collection of Historic Richmond which is listed at $1,099, while the average apartment in The Diamond costs $3,006.
What types of apartments are the cheapest in The Diamond?
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 35 regular apartments in The Diamond 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 The Diamond?
Cheap apartments in The Diamond have an average cost of $329 which is $2,677 cheaper than the average rent for all rentals in The Diamond.
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

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.

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.

Explore The River City Like a Local: The Insiders 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.
Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!