Cheap Apartments for Rent in the Tobacco Row Neighborhood of Richmond, VA from $700 (153 Rentals)

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

property at 923 N 20th St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Jun 15

923 N 20th St

RichmondVA23223
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

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.

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209 E Main St
$1,100 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,700
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

209 E Main St

209 E Main StRichmond, VA 23219
Affordability
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property at 3 N 18th St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

Studio, 1 Bath Home for Rent

Available Now

3 N 18th St

RichmondVA23223
property at 1007 N 25th St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

1 Bedroom, 1 Bath Home for Rent

Available Now

1007 N 25th 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.

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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 Trail Lofts
$1,230 - $2,552
Total Monthly Price

Total Monthly Price

Base Rent
$1,230 - $2,552
Total Monthly Price
$1,230 - $2,552
1 to 2 Bedroom Apartments Available Jun 11

The Trail Lofts

12 S 17th StRichmond, VA 23219
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  • Utilities Included
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The Shockoe Collection
$1,249 - $2,549
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,099 - $2,399
Required Monthly Fees
$150
Total Monthly Price
$1,249 - $2,549
1 to 3 Bedroom Apartments Available Now

The Shockoe Collection

104 Shockoe SlipRichmond, VA 23219
Student Housing
  • Verified
property at 1731 E Main St

$1,250 - $1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

1 Bedroom Rentals

Available Now

1731 E Main St

RichmondVA23223
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LOFTY APARTMENTS
$1,255 - $1,780
Total Monthly Price

Total Monthly Price

Base Rent
$1,175 - $1,700
Required Monthly Fees
$80
Total Monthly Price
$1,255 - $1,780
1 to 2 Bedroom Apartments Available Jul 15

LOFTY APARTMENTS

3618 E Broad StRichmond, VA 23223
Corporate Housing
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  • Smoke Free

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.

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Smokehouse Lofts
Rent Specials
$1,295
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,295
Total Monthly Price
$1,295
1 Bedroom Apartments Available Now

Smokehouse Lofts

110-114 S 15th StRichmond, VA 23219
Transit Friendly
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The Masonry Apartments
Rent Specials
$1,306 - $1,861
Total Monthly Price

Total Monthly Price

Base Rent
$1,215 - $1,770
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Masonry Apartments

2001 E Franklin StRichmond, VA 23223
Student Housing
  • Verified
  • Customer Reviewed
  • Low Income
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Deco at CNB
$1,311 - $2,063
Total Monthly Price

Total Monthly Price

Base Rent
$1,305 - $2,057
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Deco at CNB

219 E Broad StRichmond, VA 23219
Student Housing
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South Falls Tower
$1,316 - $4,156
Total Monthly Price

Total Monthly Price

Base Rent
$1,316 - $4,156
Total Monthly Price
$1,316 - $4,156
Studio to 2 Bedroom Apartments Available Now

South Falls Tower

111 Hull StRichmond, VA 23224
Luxury
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The Richmond Renter's Guide to Living Near Work

Get the inside scoop on Richmond's most livable neighborhoods and find the perfect apartment close to where you work. Our local expert breaks it all down by the city's top employers like VCU Health and Costar.

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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 American Tobacco Collection priced from $897. The Hill Building has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Tobacco Row apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
American Tobacco CollectionATC-A31BR,1BA$897
The Hill BuildingStudioStudio,1BA$995
Lofts and Upper Lofts at Canal Walk - Canal I and Canal IICanal 236 StudioStudio,1BA$1,068
Flats at 14th0 Bedroom 1 Bath - 19022Studio,1BA$1,081
The EdisonStudioStudio,1BA$1,092
209 E Main StUnit 4,6,81BR,1BA$1,100
Hatcher Tobacco Flats2X22BR,2BA$1,110
The AttainGranby1BR,1BA$1,120
Miller Lofts @ Plant Zero1 Bedroom 1 Bath1BR,1BA$1,131
Mortons Apartments1BR/1.0BA1BR,1BA$1,139

Best Value Apartments for Rent in Tobacco Row, VA

As of June 08, 2026 the best value apartment in the Tobacco Row area is the $1.36 price per square foot 16 W Broad St Model at 16 W Broad St, Unit Apartment 1 in the in the Downtown Richmond neighborhood starting from $1,900. The second greatest value Tobacco Row apartment is the 2 Bedroom 2 Bath - 30004 Model at 10 Walnut Alley starting at $1,555 with a $1.24 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.
16 W Broad St, Unit Apartment 116 W Broad St3BR,2BA$1.36
10 Walnut Alley2 Bedroom 2 Bath - 300042BR,2BA$1.24
Raven PlaceB1.12BR,2BA$1.50
210 E Grace St2 Bed/2 Bath2BR,2BA$1.35
ConsolidatedCO-B One Bedroom, One Bathroom1BR,1BA$1.42
Hatcher Tobacco Flats2X22BR,2BA$1.17
Mortons Apartments1BR/1.0BA1BR,1BA$1.25
Shockoe CollectionB3 - 2 Bed 2 Bath2BR,2BA$1.51
Tobacco LandingTwo Bedroom2BR,2BA$1.33
1100 Hull Street Apartments1BR/1.0BA1BR,1BA$1.41

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 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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Tobacco Row, Richmond, VA

Ranked #49

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 $1,139.

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

The cheapest apartment in Tobacco Row is American Tobacco Collection which is listed at $897, 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 63 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 $343 which is $2,107 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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Explore The River City Like a Local: The Insiders Guide to Renting in Richmond, VA

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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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Articles, How-To's, and Tips

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

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.

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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.