Cheap Apartments for Rent in the Tobacco Row Neighborhood of Richmond, VA from $700 (90 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Tobacco Row area of Richmond.

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Tobacco Row, Richmond, VA Local Guide

Cheapest Available Tobacco Row Apartments for Rent

 

The cheapest available apartment rental in the Tobacco Row area of Richmond, VA is a 1 Bed unit found at Hatcher Tobacco Flats priced from $933. The Attain has the second lowest priced unit, which is a Studio apartment currently listed from $943. Here are the most affordable Tobacco Row apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Hatcher Tobacco Flats1X11BR,1BA$933
The AttainWest EndStudio,1BA$943
Hopper LoftsA21BR,1BA$999
Miller Lofts @ Plant Zero1 Bedroom 1 Bath1BR,1BA$999
Jefferson Townhouses1X11BR,1BA$1,000
Atrium on Broad Apartments1BR/1.0BA1BR,1BA$1,025
Cedar BroadA2b1BR,1BA$1,045
Flats at 14th0 Bedroom 1 Bath - 35345Studio,1BA$1,081
City View Place2 Bedroom Unit2BR,1BA$1,090
South BankA11BR,1BA$1,099

Best Value Apartments for Rent in Tobacco Row, VA

As of January 23, 2026 the best value apartment in the Tobacco Row area is the $1.06 price per square foot Two Bed Two Bath Model at Broadway Apartments in the in the Downtown Richmond neighborhood starting from $1,446. The second greatest value Tobacco Row apartment is the Canal 236 1 Bed Model at Lofts and Upper Lofts at Canal Walk - Canal I and Canal II starting at $1,271 with a $0.98 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Tobacco Row apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Broadway ApartmentsTwo Bed Two Bath2BR,2BA$1.06
Lofts and Upper Lofts at Canal Walk - Canal I and Canal IICanal 236 1 Bed1BR,1BA$0.98
209 E Main StUnit 208A2BR,1BA$1.36
The Dill BuildingDill-A121BR,1BA$1.43
Marshall Street Apartments1BR/1.0BA1BR,1BA$1.25
Miller Lofts @ Plant Zero2 Bedroom 2 Bath2BR,2BA$1.36
City View Place2 Bedroom Unit2BR,1.5BA$1.18
The Corner Lofts1 Bedroom 1 Bath - 334021BR,1BA$1.44
Atrium on Broad Apartments1BR/1.0BA1BR,1BA$1.44
Hatcher Tobacco Flats1X11BR,1BA$1.40

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The Ultimate Renter's Guide for Finding the Perfect Student Friendly Richmond Neighborhood to Rent

Learn about the best neighborhoods for student renters near Richmond Colleges and Universities by our Local Expert Richard Corrigan

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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Virginia, including Richmond. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Tobacco Row Apartments

What is a cheap apartment in Tobacco Row?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Tobacco Row is under $1,099.

What is the price of a cheap apartment in Tobacco Row?

The cheapest apartment in Tobacco Row is Hatcher Tobacco Flats which is listed at $933, while the average apartment in Tobacco Row costs $2,450.

What types of apartments are the cheapest in Tobacco Row?

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 87 regular apartments in Tobacco Row 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 Tobacco Row?

Cheap apartments in Tobacco Row have an average cost of $562 which is $1,888 cheaper than the average rent for all rentals in Tobacco Row.

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

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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.

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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.

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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.

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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.

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