Cheap Apartments for Rent in the Tobacco Row Neighborhood of Richmond, VA from $700 (92 Rentals)

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

property at 927 N 20th St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Home for Rent

Available Now

927 N 20th St

RichmondVA23223

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.

property at 1007 N 25th St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

1 Bedroom, 1 Bath Home for Rent

Available Now

1007 N 25th St

RichmondVA23223

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.

property at 3 N 18th St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

Studio, 1 Bath Home for Rent

Available Apr 28

3 N 18th St

RichmondVA23223
property at 403 Stockton St

$1,230 - $1,565

Total Monthly Price

Total Monthly Price

Base Rent
$1,230

Total Monthly Price
$1,230

1 To 2 Bedroom Rentals

Available Now

403 Stockton St

RichmondVA23224

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.

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South Falls Tower
Rent Specials
$1,243 - $4,351
Total Monthly Price

Total Monthly Price

Base Rent
$1,243 - $4,351

Total Monthly Price
$1,243 - $4,351
Studio to 2 Bedroom Apartments Available Now

South Falls Tower

111 Hull StRichmond, VA 23224
Luxury
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  • Customer Reviewed
  • 3D Tour
property at 1731 E Main St

$1,250 - $1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 To 2 Bedroom Rentals

Available Now

1731 E Main St

RichmondVA23223
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The Trail Lofts
$1,255 - $2,802
Total Monthly Price

Total Monthly Price

Base Rent
$1,255 - $2,802

Total Monthly Price
$1,255 - $2,802
1 to 2 Bedroom Apartments Available Now

The Trail Lofts

12 S 17th StRichmond, VA 23219
Transit Friendly
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  • 3D Tour

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.

property at 1815 E Franklin St

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

1 Bedroom, 1 Bath Home for Rent

Available Now

1815 E Franklin St

RichmondVA23223

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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. Mortons Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Tobacco Row apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Hatcher Tobacco Flats1X11BR,1BA$933
Mortons Apartments1BR/1.0BA1BR,1BA$995
Hopper LoftsA11BR,1BA$1,012
Tobacco LandingTwo Bedroom2BR,2BA$1,021
Lofts and Upper Lofts at Canal Walk - Canal I and Canal IICanal 236 StudioStudio,1BA$1,073
City View Place2 Bedroom Unit2BR,1BA$1,090
The Edison ApartmentsSXD.1Studio,1BA$1,110
The Jackson on Broad0 Bedroom 1 Bath - 30567Studio,1BA$1,130
Miller Lofts @ Plant Zero1 Bedroom 1 Bath1BR,1BA$1,131
The Mezzo LoftsMosaic Gallery - 1 Bedroom 1 Bath1BR,1BA$1,168

Best Value Apartments for Rent in Tobacco Row, VA

As of March 10, 2026 the best value apartment in the Tobacco Row area is the $1.21 price per square foot Two Bed Two Bath Model at Broadway Apartments in the in the Downtown Richmond neighborhood starting from $1,655. The second greatest value Tobacco Row apartment is the 2 Beds 1 Bath Model at 110 E Cary St starting at $1,500 with a $1.26 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$1.21
110 E Cary St2 Beds 1 Bath2BR,1BA$1.26
209 E Main StUnit 208A2BR,1BA$1.36
Trolley Lofts2 Bedroom / 2 Bath - 700sqft2BR,2BA$1.20
Lofts and Upper Lofts at Canal Walk IIIOne Bedroom1BR,1BA$1.30
Marshall Street Apartments1 Bedroom / 1 Bath - 632sqft1BR,1BA$1.23
Shockoe CollectionB3 - 2 Bed 2 Bath2BR,2BA$1.39
City View Place2 Bedroom Unit2BR,1.5BA$1.18
Tobacco LandingTwo Bedroom2BR,2BA$1.14
Smokehouse Lofts2 Beds, 2 Baths2BR,2BA$1.37

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Pet Friendly Lifestyle
Tobacco Row, Richmond, VA

Ranked #33

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,168.

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 72 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 $584 which is $1,866 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

decorative image for A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

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.

decorative image for Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters article

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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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

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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.

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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.

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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.

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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.