2829 W Grace St
RichmondVA23221
Cheap Homes for Rent in The Diamond Neighborhood of Richmond, VA from $2,700 (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.
1900 Roseneath Rd
RichmondVA23230
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.
2806 Monument Ave
RichmondVA23221
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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 | $3,225 | $2,700 | $3,500 |
| The Diamond 5 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
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 June 11, 2026 the best value apartment in the The Diamond area is the $1.95 price per square foot The Ownby Model at The Westbrook Townhomes at Brewers Row in the in the Bellevue neighborhood starting from $3,403. The second greatest value The Diamond apartment is the 3bed 2bth Model at Southern Stove Lofts starting at $2,125 with a $2.16 price per square foot in the Near West 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 | $1.95 |
| 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 | $1.88 |
| SYMBOL Scotts Addition | The Signature | 1BR,1.5BA | $2.33 |
| Soda Flats | Carbonate Charm | 1BR,1BA | $2.38 |
| Todd Lofts | One Bedroom | 1BR,1BA | $2.20 |
| The Cooperage | 1 Bedroom / 1 Bathroom: Flat | 1BR,1BA | $2.31 |
Frequently Asked Questions about The Diamond
What type of rentals are currently available in The Diamond?
There are currently 64 Apartments for Rent in The Diamond, VA with pricing that ranges from $1,250 to $15,535. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Diamond ranging from $2,700 to $4,200.
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 $2,700 to $4,200 with an average monthly rent of $3,712.
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
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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.
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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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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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
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Neighborhood and Market Insights: How to Choose the Right Area to Rent
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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.