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$1,199 - $2,600
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowCookie Factory Lofts
900 Terminal PlRichmond, VA 23220
Cheap Apartments for Rent in the The Diamond Neighborhood of Richmond, VA from $1,000 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Diamond area of Richmond.
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$1,275 - $2,125
Plus Fees
Studio to 3 Bedroom Apartments Available NowSouthern Stove Lofts
1215 Hermitage RdRichmond, VA 23220
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$1,2752 Bedroom Apartments Available Aug 10
608 N Arthur Ashe Blvd, Unit 11
608 N Arthur Ashe BlvdRichmond, VA 23220
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Rent Specials
$1,295 - $1,795
Plus Fees
1 to 3 Bedroom Apartments Available NowThe Collection of Historic Richmond
805 N Arthur Ashe BoulevardRichmond, VA 23220
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Rent Specials
$1,315 - $2,615
Plus Fees18 Month Lease Term
Studio to 3 Bedroom Apartments Available NowCourtyard Lofts
3200 W Clay StRichmond, VA 23230
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$1,355 - $3,048
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,355 - $3,048
Total Monthly Price
$1,355 - $3,048
The Cooperage
1650 Overbrook RdRichmond, VA 23220
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$1,389 - $2,842
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,389 - $2,842
Total Monthly Price
$1,389 - $2,842
Todd Lofts
1128 Hermitage RdRichmond, VA 23220
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Rent Specials
$1,490 - $2,650
Plus Fees
1 to 2 Bedroom Apartments Available NowSoda Flats
2820 W Broad StRichmond, VA 23230
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,495 - $4,595
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Ace
1201 N Arthur Ashe BlvdRichmond, VA 23230
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$1,517 - $2,463
Plus Fees
1 to 2 Bedroom Apartments Available Now1 Scott's Addition
3031 Norfolk StRichmond, VA 23230
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$1,539 - $10,947
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,458 - $10,866
Required Monthly Fees
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Total Monthly Price
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Otis
1661 Roseneath RdRichmond, VA 23230
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Rent Specials
$1,550 - $5,293
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Scout Scotts Addition
947 Myers StRichmond, VA 23230
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Rent Specials
$1,575 - $2,223
Plus Fees
1 Bedroom Apartments Available NowThe Summit at Scotts Addition
3022 W Broad StRichmond, VA 23230
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Rent Specials
$1,605 - $5,841
Plus Fees
1 to 3 Bedroom Apartments Available NowThe Westbrook Apartments at Brewers Row
1601 Overbrook RdRichmond, VA 23220
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$1,625 - $4,190
Plus Fees
Studio to 2 Bedroom Apartments Available NowNOVEL Scott's Addition by Crescent Communities
2902 N Arthur Ashe BlvdRichmond, VA 23230
2709 W Broad St
RichmondVA23220
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.
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$1,659 - $2,838
Plus Fees
1 to 2 Bedroom Apartments Available NowINK at Scott's Collection
3000 W Clay StRichmond, VA 23230
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$1,700 - $2,507
Plus Fees
1 to 2 Bedroom Apartments Available NowSYMBOL Scotts Addition
1814 Highpoint AveRichmond, VA 23230
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$1,710 - $3,069
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,615 - $2,974
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GEM at Scott's Collection
3001 W Leigh StRichmond, VA 23230
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$1,765 - $1,791
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,670 - $1,696
Required Monthly Fees
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VIV at Scott's Collection
2900 W Clay StRichmond, VA 23230
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$1,771 - $4,536
Total Monthly Price15 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,750 - $4,515
Required Monthly Fees
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Total Monthly Price
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Chasen
2922 W Marshall StRichmond, VA 23230
2820 Monument Ave
RichmondVA23221
2828 Monument Ave
RichmondVA23221
2713 W Grace St
RichmondVA23220
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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$3,403 - $3,726
Plus Fees
3 Bedroom Apartments Available Jul 2The Westbrook Townhomes at Brewers Row
2402 Ownby LnRichmond, VA 23220
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1 to 3 Bedroom Apartments
The Altamont
1620 Altamont AveRichmond, VA 23230
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1 to 2 Bedroom Apartments
Julians
2617 W Broad StRichmond, VA 23220
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1 to 3 Bedroom Apartments
Osprey Lofts
3210 W Leigh StRichmond, VA 23230
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2 Bedroom Apartments
2802 Park Ave
2802 Park AveRichmond, VA 23221
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Studio to 2 Bedroom Apartments
The Lofts at 1723
1723 Summit AveRichmond, VA 23230
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2 to 4 Bedroom Apartments
2812 Monument Ave
2812 Monument AveRichmond, VA 23221
2806 Monument Ave
RichmondVA23221
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.
2435 Ownby Ln
RichmondVA23220
2053 W Moore St
RichmondVA23220
Showing Results 1-34, Page 1 of 1
The Diamond, Richmond, VA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in The Diamond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Diamond Studio Apartments | $1,730 | $1,275 | $2,492 |
| The Diamond 1 Bedroom Apartments | $2,025 | $1,295 | $8,342 |
| The Diamond 2 Bedroom Apartments | $2,869 | $1,275 | $10,000+ |
| The Diamond 3 Bedroom Apartments | $2,593 | $2,014 | $3,726 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the The Diamond Neighborhood of Richmond, VA.
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Cheapest Available The Diamond Apartments for Rent
The cheapest available apartment rental in the The Diamond area of Richmond, VA is a Studio unit found at Cookie Factory Lofts priced from $1,199. Todd Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,431. Here are the most affordable The Diamond apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cookie Factory Lofts | Studio | Studio,1BA | $1,199 |
| Todd Lofts | One Bedroom | 1BR,1BA | $1,431 |
| The Collection of Historic Richmond | B4 & B5 | 2BR,1BA | $1,450 |
| Soda Flats | Vintage Fizz | 1BR,1BA | $1,490 |
| The Ace | S1.1 | Studio,1BA | $1,495 |
| Southern Stove Lofts | 2bed 2bth w/ Den | 2BR,2BA | $1,500 |
| The Scout Scotts Addition | *The 1908 - Income Restricted* | Studio,1BA | $1,550 |
| Courtyard Lofts | Marshall | 1BR,1BA | $1,555 |
| The Summit at Scotts Addition | The Chalet | 1BR,1BA | $1,575 |
| The Cooperage | 1 Bedroom / 1 Bathroom: Loft | 1BR,1BA | $1,649 |
Best Value Apartments for Rent in The Diamond, VA
As of May 31, 2026 the best value apartment in the The Diamond area is the $2.16 price per square foot 3bed 2bth Model at Southern Stove Lofts in the in the Near West neighborhood starting from $2,125. The second greatest value The Diamond apartment is the C2 Model at The Altamont starting at $1,810 with a $1.91 price per square foot in the Bellevue neighborhood. Here is today’s list of the best values for The Diamond apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Southern Stove Lofts | 3bed 2bth | 3BR,2BA | $2.16 |
| The Altamont | C2 | 3BR,2BA | $1.91 |
| Courtyard Lofts | Marshall | 1BR,1BA | $1.80 |
| Cookie Factory Lofts | 2 Bed/ 2 Bath Loft | 2BR,2BA | $2.09 |
| The Collection of Historic Richmond | B1, B2 & B3 | 2BR,1BA | $1.81 |
| SYMBOL Scotts Addition | The Signature | 1BR,1.5BA | $2.33 |
| The Cooperage | 1 Bedroom / 1 Bathroom: Loft | 1BR,1BA | $2.29 |
| 1 Scott's Addition | Summit One Bed | 1BR,1BA | $2.53 |
| VIV at Scott's Collection | Glean | 1BR,1BA | $2.57 |
| Todd Lofts | One Bedroom | 1BR,1BA | $2.19 |
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 $1,649.
What is the price of a cheap apartment in The Diamond?
The cheapest apartment in The Diamond is Cookie Factory Lofts which is listed at $1,250, while the average apartment in The Diamond costs $2,978.
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 33 regular apartments in The Diamond that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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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A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.