
Cheap Apartments for Rent in the The Fan Neighborhood of Richmond, VA from $800 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Fan area of Richmond.


1130 W Grace St, Unit #1

22 S Robinson St

Southern Stove Lofts

The Collection of Historic Richmond

1510 W Broad St - Residential
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.

1005 Grove Ave Apartments

The 1805

2700 Idlewood Ave

Virginia Apartments

Eagle Mill Towers

The Villas At Granby
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.

Eagle Mill Apartments

Cary West Apartments

Iron House Apartments

306 N Mulberry St

2602-2606 Monument Ave

South Arthur
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.

805W Lofts
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 | $1,256 | $995 | $1,635 |
| The Fan 1 Bedroom Apartments | $1,499 | $999 | $2,005 |
| The Fan 2 Bedroom Apartments | $1,815 | $1,050 | $3,400 |
| The Fan 3 Bedroom Apartments | $2,478 | $1,190 | $3,800 |
| The Fan 4 Bedroom Apartments | $2,046 | $979 | $4,800 |
Browse Apartments in this Neighborhood
There are currently 19 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 1 Bed unit found at Iron House Apartments priced from $1,175. The Collection of Historic Richmond has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. Here are the most affordable The Fan apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Iron House Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,175 |
| The Collection of Historic Richmond | A3, A4 & A5 | 1BR,1BA | $1,199 |
| South Arthur | 1/1 | 1BR,1BA | $1,299 |
| 1510 W Broad St - Residential | 2BR/2.0BA | 2BR,2BA | $1,395 |
| Southern Stove Lofts | 1bed 1.5bth | 1BR,1BA | $1,425 |
Best Value Apartments for Rent in The Fan, VA
As of January 28, 2026 the best value apartment in the The Fan area is the $1.33 price per square foot 2106 Parkwood Ave Model at 2106 Parkwood Ave, Unit 1 in the in the Near West neighborhood starting from $1,795. The second greatest value The Fan apartment is the 3X3 Model at Ascend RVA Student Living starting at $1,190 with a $1.03 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. |
|---|---|---|---|
| 2106 Parkwood Ave, Unit 1 | 2106 Parkwood Ave | 2BR,2BA | $1.33 |
| Ascend RVA Student Living | 3X3 | 3BR,3BA | $1.03 |
| 1322 W Broad St | 2 Bedroom 2 Bath - 19098 | 2BR,2BA | $1.55 |
| South Arthur | 2/1 | 2BR,1BA | $1.80 |
| Southern Stove Lofts | 1bed 1.5bth | 1BR,1.5BA | $1.77 |
| River School Lofts | 1B (RENO) | 1BR,1BA | $2.28 |
| 1510 W Broad St - Residential | 2BR/2.0BA | 2BR,2BA | $1.81 |
| LIV Lakeview | 2 Beds, 1 Baths | 2BR,1BA | $2.13 |
| 1130 W Grace St, Unit #1 | 1130 W Grace St | 1BR,1.5BA | $1.82 |
| Iron House Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.18 |
Frequently Asked Questions about Cheap The Fan Apartments
What is the price of a cheap apartment in The Fan?
The cheapest apartment in The Fan is Iron House Apartments which is listed at $1,175, while the average apartment in The Fan costs $2,489.
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 12 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 $508 which is $1,981 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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.