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$1,199 - $2,650
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 $1,095 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Diamond area of Richmond.
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$1,250 - $2,200
Plus Fees
Studio to 3 Bedroom Apartments Available NowSouthern Stove Lofts
1215 Hermitage RdRichmond, VA 23220
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$1,315 - $2,615
Plus Fees18 Month Lease Term
Studio to 3 Bedroom Apartments Available Oct 8Courtyard Lofts
3200 W Clay StRichmond, VA 23230
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$1,350 - $1,956
Plus Fees
1 to 3 Bedroom Apartments Available NowThe Collection of Historic Richmond
805 N Arthur Ashe BoulevardRichmond, VA 23220
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$1,389 - $6,247
Plus Fees
1 to 3 Bedroom Apartments Available NowThe Westbrook Apartments at Brewers Row
1601 Overbrook RdRichmond, VA 23220
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$1,397 - $2,405
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,397 - $2,405
Total Monthly Price
$1,397 - $2,405
Todd Lofts
1128 Hermitage RdRichmond, VA 23220
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$1,405 - $3,852
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,405 - $3,852
Total Monthly Price
$1,405 - $3,852
The Cooperage
1650 Overbrook RdRichmond, VA 23220
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$1,450 - $1,695
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowSoda Flats
2820 W Broad StRichmond, VA 23230
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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$1,462 - $2,463
Plus Fees
1 to 2 Bedroom Apartments Available Now1 Scott's Addition
3031 Norfolk StRichmond, VA 23230
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$1,497 - $5,427
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Scout Scotts Addition
947 Myers StRichmond, VA 23230
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$1,529 - $4,190
Plus Fees
Studio to 2 Bedroom Apartments Available NowNOVEL Scott's Addition by Crescent Communities
2902 N Arthur Ashe BlvdRichmond, VA 23230
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$1,532 - $2,296
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1 Bedroom Apartments Available NowThe Summit at Scotts Addition
3022 W Broad StRichmond, VA 23230
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$1,540 - $3,226
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1 to 2 Bedroom Apartments Available NowINK at Scott's Collection
3000 W Clay StRichmond, VA 23230
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$1,550 - $4,435
Plus Fees
1 to 2 Bedroom Apartments Available NowSYMBOL Scotts Addition
1814 Highpoint AveRichmond, VA 23230
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$1,598 - $3,018
Plus Fees
Studio to 2 Bedroom Apartments Available Oct 1MAA Rove
1613 Ownby LnRichmond, VA 23220
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$1,635 - $3,188
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,540 - $3,093
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VIV at Scott's Collection
2900 W Clay StRichmond, VA 23230
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.
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$1,680 - $4,540
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Studio to 2 Bedroom Apartments Available NowThe Ace
1201 N Arthur Ashe BlvdRichmond, VA 23230
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$1,700
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available Now2802 Park Ave
2802 Park AveRichmond, VA 23221
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$1,708 - $14,875
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,627 - $14,794
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Otis
1661 Roseneath RdRichmond, VA 23230
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$1,796 - $4,521
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,775 - $4,500
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Chasen
2922 W Marshall StRichmond, VA 23230
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$1,862 - $2,903
Total Monthly Price
1 to 2 Bedroom Apartments Available Sep 3Total Monthly Price
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$1,767 - $2,808
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Total Monthly Price
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GEM at Scott's Collection
3001 W Leigh StRichmond, VA 23230
2820 Monument Ave
RichmondVA23221
2828 Monument Ave
RichmondVA23221
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$2,833 - $3,180
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3 Bedroom Apartments Available NowThe Westbrook Townhomes at Brewers Row
2402 Ownby LnRichmond, VA 23220
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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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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1 to 2 Bedroom Apartments
2832 Monument Ave.*
2832 Monument AveRichmond, VA 23221
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2 to 3 Bedroom Apartments
800 N. Sheppard St.
2900 Monument AveRichmond, VA 23221
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Studio to 2 Bedroom Apartments
The Lofts at 1723
1723 Summit AveRichmond, VA 23230
2628 W Grace St
RichmondVA23220
2806 Monument Ave
RichmondVA23221
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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2 to 4 Bedroom Apartments
2812 Monument Ave
2812 Monument AveRichmond, VA 23221
Showing Results 1-33, 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 | $1,795 | $1,199 | $2,768 |
| The Diamond 1 Bedroom Apartments | $2,016 | $1,250 | $9,456 |
| The Diamond 2 Bedroom Apartments | $2,985 | $1,300 | $10,000+ |
| The Diamond 3 Bedroom Apartments | $3,663 | $2,200 | $10,000+ |
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 33 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 1 Bed unit found at Southern Stove Lofts priced from $1,250. 2832 Monument Ave.* has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here are the most affordable The Diamond apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Southern Stove Lofts | studio | 1BR,1BA | $1,250 |
| 2832 Monument Ave.* | 1BR/1.0BA | 1BR,1BA | $1,350 |
| The Westbrook Apartments at Brewers Row | The North | 1BR,1BA | $1,391 |
| The Collection of Historic Richmond | A3, A4 & A5 | 1BR,1BA | $1,392 |
| Todd Lofts | Studio | Studio,1BA | $1,397 |
| The Cooperage | 1 Bedroom / 1 Bathroom: Flat | 1BR,1BA | $1,405 |
| Soda Flats | The Refreshment | 1BR,1BA | $1,450 |
| 1 Scott's Addition | Norfolk One Bed | 1BR,1BA | $1,462 |
| The Scout Scotts Addition | The Weston | 1BR,1BA | $1,547 |
| 800 N. Sheppard St. | 2BR/1.0BA | 2BR,1BA | $1,550 |
Best Value Apartments for Rent in The Diamond, VA
As of August 30, 2026 the best value apartment in the The Diamond area is the $1.62 price per square foot The Ownby Model at The Westbrook Townhomes at Brewers Row in the in the Bellevue neighborhood starting from $2,833. The second greatest value The Diamond apartment is the 3 Bed/ 2 Bath Model at Cookie Factory Lofts starting at $2,300 with a $1.97 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. |
|---|---|---|---|
| The Westbrook Townhomes at Brewers Row | The Ownby | 3BR,2.5BA | $1.62 |
| Cookie Factory Lofts | 3 Bed/ 2 Bath | 3BR,2BA | $1.97 |
| 2802 Park Ave | 2 Bed 1 Bath | 2BR,1BA | $1.50 |
| 800 N. Sheppard St. | 2BR/1.0BA | 2BR,1BA | $1.73 |
| SYMBOL Scotts Addition | The Signature | 1BR,1.5BA | $1.98 |
| 1 Scott's Addition | Summit One Bed | 1BR,1BA | $2.32 |
| Soda Flats | Sparkling Tonic | 1BR,1BA | $2.31 |
| Todd Lofts | One Bedroom | 1BR,1BA | $2.24 |
| The Westbrook Apartments at Brewers Row | The West | 1BR,1BA | $2.38 |
| Southern Stove Lofts | studio | Studio ,1BA | $2.26 |
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 Southern Stove Lofts which is listed at $1,250, while the average apartment in The Diamond costs $2,010.
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 17 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 $117 which is $1,893 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.
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Your Richmond Neighborhood Guide: Living Near the City's Top Employers
Written by: Richard Corrigan
Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.
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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.
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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.
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