1814 Westwood Ave
RichmondVA23227
Cheap Homes for Rent in The Diamond Neighborhood of Richmond, VA from $1,400 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the The Diamond area of Richmond.
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.
2821 W Grace St
RichmondVA23221
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.
2435 Ownby Ln
RichmondVA23220
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The Diamond, Richmond, VA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in The Diamond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Diamond 3 Bedroom Homes for Rent | $2,633 | $1,450 | $3,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the The Diamond Neighborhood of Richmond, VA.
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Best Value Apartments for Rent in The Diamond, VA
As of April 27, 2026 the best value apartment in the The Diamond area is the $1.50 price per square foot 2 Bed 1 Bath Model at 2802 Park Ave in the in the Near West neighborhood starting from $1,700. The second greatest value The Diamond apartment is the C2 Model at The Altamont starting at $1,800 with a $1.89 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. |
|---|---|---|---|
| 2802 Park Ave | 2 Bed 1 Bath | 2BR,1BA | $1.50 |
| The Altamont | C2 | 3BR,2BA | $1.89 |
| Courtyard Lofts | Marshall | 1BR,1BA | $1.80 |
| The Collection of Historic Richmond | B4 & B5 | 2BR,1BA | $1.97 |
| Todd Lofts | Studio | Studio ,1BA | $1.95 |
| VIV at Scott's Collection | Glean | 1BR,1BA | $2.57 |
| INK at Scott's Collection | Mirela | 1BR,1BA | $2.57 |
| The Summit at Scotts Addition | The Chalet | 1BR,1BA | $2.58 |
| Cookie Factory Lofts | Studio | Studio ,1BA | $2.41 |
| Southern Stove Lofts | studio | Studio ,1BA | $2.56 |
Frequently Asked Questions about The Diamond
What type of rentals are currently available in The Diamond?
There are currently 62 Apartments for Rent in The Diamond, VA with pricing that ranges from $1,125 to $8,519. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Diamond ranging from $1,450 to $3,500.
What is the current price range for Rental Homes in The Diamond?
Today's rental pricing for Homes for Rent, Condos and Townhomes in The Diamond ranges from $1,450 to $3,500 with an average monthly rent of $2,633.
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
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.