
Cheap Apartments for Rent in the The Fan Neighborhood of Richmond, VA from $800 (74 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Fan area of Richmond.


1106 West Franklin St

1411 Grove Avenue

1123-25-27 West Grace Street

Total Monthly Price
Coliseum Lofts

Total Monthly Price
Iron House Apartments

403 Cleveland St, Unit 6

517 N Harrison St

1903 Grayland Ave

22 S Robinson St
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.

Southern Stove Lofts

20 S Robinson St

The Collection of Historic Richmond

1005 Grove Ave Apartments

Pierce Arrow

8 S Granby St

The 1805

121 S Stafford Ave

117 S Stafford Ave

Total Monthly Price
The Carousel
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.

1510 W. Broad Street

10 S Randolph St

Total Monthly Price
2207 W Grace St, Unit Apt C

Total Monthly Price
Circ Apartments

Total Monthly Price
Todd Lofts

LIV Lakeview

511 Ryland St

1322 W Broad St

102 N Lombardy St

1333 W Broad St, Unit 510, Unit 510
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.

2709 W Broad St

10 N Harrison St

613 N Lombardy St, Unit 203

1333 W Broad St, Unit 514

805W Lofts

Total Monthly Price
2219 W Grace St, Unit Apt 1, Unit Apt 1

2802 Park Ave

The Guild

401 N Davis Ave

118 S Colonial Ave
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.

305 N Vine St

Total Monthly Price
4 N Arthur Ashe Boulevard, Unit Apt 1, Unit Apt 1

1328 W Cary St

1601 W Cary St

1527 Grove Ave

2820 Monument Ave

2700 Idlewood Ave

Virginia Apartments

Eagle Mill Towers

The Villas At Granby
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
The Fan, Richmond, VA Local Guide

How much does it cost to rent an apartment in The Fan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Fan Studio Apartments | $1,363 | $1,000 | $1,539 |
| The Fan 1 Bedroom Apartments | $1,489 | $825 | $2,180 |
| The Fan 2 Bedroom Apartments | $1,778 | $930 | $2,875 |
| The Fan 3 Bedroom Apartments | $2,356 | $810 | $5,271 |
| The Fan 4 Bedroom Apartments | $2,147 | $890 | $3,680 |
Browse Apartments in this Neighborhood
There are currently 74 rentals with your search options within a 2 mile radius of the The Fan Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
Cheapest Available The Fan Apartments for Rent
 The cheapest available apartment rental in the The Fan area of Richmond, VA is a 2 Beds unit found at Eagle Mill Lofts priced from $950. Southern Stove Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here are the most affordable The Fan apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eagle Mill Lofts | 2bed 1bth | 2BR,1BA | $950 |
| Southern Stove Lofts | 1bed 1bth | 1BR,1BA | $1,300 |
| 1005 Grove Ave Apartments | One Bedroom One Bath | 1BR,1BA | $1,350 |
| The Carousel | Prancer | 1BR,1BA | $1,476 |
| Circ Apartments | The Grace | 1BR,1BA | $1,478 |
| Todd Lofts | Studio | Studio,1BA | $1,492 |
| LIV Lakeview | 2B/1BA Lake TH Reno | 2BR,1BA | $1,500 |
| Coliseum Lofts | B5.1 | 2BR,2BA | $1,511 |
| The Collection of Historic Richmond | B1, B2 & B3 | 2BR,1BA | $1,560 |
| 805W Lofts | A5 | 1BR,1BA | $1,695 |
Best Value Apartments for Rent in The Fan, VA
As of May 06, 2026 the best value apartment in the The Fan area is the $1.68 price per square foot 2D (RENO) Model at River School Lofts in the in the Far West neighborhood starting from $2,700. The second greatest value The Fan apartment is the 2 Bed 1 Bath Model at 2802 Park Ave starting at $1,700 with a $1.50 price per square foot in the Near West neighborhood. Here is today’s list of the best values for The Fan apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| River School Lofts | 2D (RENO) | 2BR,2BA | $1.68 |
| 2802 Park Ave | 2 Bed 1 Bath | 2BR,1BA | $1.50 |
| The Collection of Historic Richmond | B4 & B5 | 2BR,1BA | $1.97 |
| LIV Lakeview | 2B/1.5BA Lake TH Ren | 2BR,1.5BA | $2.13 |
| 2219 W Grace St, Unit Apt 1 | 2219 W Grace St | 1BR,1BA | $2.27 |
| The Guild | The Carver ACC | 1BR,1BA | $2.54 |
| Todd Lofts | One Bedroom | 1BR,1BA | $2.32 |
| 1005 Grove Ave Apartments | One Bedroom One Bath | 1BR,1BA | $2.11 |
| Southern Stove Lofts | studio | Studio ,1BA | $2.56 |
| Eagle Mill Lofts | Studios | Studio ,1BA | $2.04 |
Frequently Asked Questions about Cheap The Fan Apartments
What is a cheap apartment in The Fan?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in The Fan is under $1,695.
What is the price of a cheap apartment in The Fan?
The cheapest apartment in The Fan is Eagle Mill Lofts which is listed at $950, while the average apartment in The Fan costs $2,220.
What types of apartments are the cheapest in The Fan?
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 13 regular apartments in The Fan 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 Fan?
Cheap apartments in The Fan have an average cost of $527 which is $1,693 cheaper than the average rent for all rentals in The Fan.
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

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.

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.