
Cheap Studio Apartments for Rent in the The Diamond Neighborhood of Richmond, VA from $1,275 (9 Rentals)


Southern Stove Lofts

Courtyard Lofts

Total Monthly Price
Todd Lofts
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

Total Monthly Price
Otis

The Ace

The Scout Scotts Addition

NOVEL Scott's Addition by Crescent Communities
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

Total Monthly Price
Chasen
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 | $1,730 | $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 |
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 $1,649.
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 $1,199, 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.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.