Cheap Apartments for Rent in the University of Richmond Neighborhood of Richmond, VA from $850 (16 Rentals)

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

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Staples Mill Townhomes
Rent Specials
$1,295 - $2,536
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $2,536

Total Monthly Price
$1,295 - $2,536
1 to 3 Bedroom Apartments Available Now

Staples Mill Townhomes

4100-A Townhouse RdRichmond, VA 23228
Corporate Housing
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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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The Cloisters
Studio to 3 Bedroom Apartments

The Cloisters

9007 Cloisters ERichmond, VA 23229
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Faison Residence
1 to 3 Bedroom Apartments

The Faison Residence

5322 Markel RdRichmond, VA 23230
  • Utilities Included
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Camelot Townhomes
1 to 3 Bedroom Apartments

Camelot Townhomes

231 Camelot CirRichmond, VA 23229
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Landmark at Gayton
1 to 3 Bedroom Apartments

Landmark at Gayton

9016 Patterson AveRichmond, VA 23229
  • Utilities Included

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.

University of Richmond, Richmond, VA Local Guide

Cheapest Available University of Richmond Apartments for Rent

 

The cheapest available apartment rental in the University of Richmond area of Richmond, VA is a 2 Beds unit found at Staples Mill Townhomes priced from $1,295. Gateway Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,334. Here are the most affordable University of Richmond apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Staples Mill TownhomesThe Jamestown2BR,1BA$1,295
Gateway Apartments1 Bed, 1 bath1BR,1BA$1,334
Tuckahoe Creek ApartmentsThe Dogwood1BR,1BA$1,356
Park West EndThe Valentine1BR,1BA$1,363
Crestwood at Libbie2X12BR,1BA$1,379

Best Value Apartments for Rent in University of Richmond, VA

As of August 25, 2026 the best value apartment in the University of Richmond area is the $1.54 price per square foot House Model at 1503 Westbury Dr - Furnished House in the in the Three Chopt neighborhood starting from $2,700. The second greatest value University of Richmond apartment is the Regency Model at Three Chopt West Apartments starting at $1,597 with a $1.56 price per square foot in the Three Chopt neighborhood. Here is today’s list of the best values for University of Richmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1503 Westbury Dr - Furnished HouseHouse3BR,2BA$1.54
Three Chopt West ApartmentsRegency2BR,1BA$1.56
Staples Mill TownhomesThe Woodhaven3BR,1BA$1.85
Creek's Edge at Stony PointTribeca1BR,1BA$2.34
James River at Stony PointBrookstone-H1BR,1BA$2.05
Tuckahoe Creek ApartmentsThe Dogwood1BR,1BA$1.87
Gateway Apartments1 Bed, 1 bath1BR,1BA$1.91
Crestwood at Libbie2X12BR,1BA$2.02
The Rise At RegencyA1A1BR,1BA$2.34
Park West EndThe Valentine1BR,1BA$2.18

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
University Of Richmond, Richmond, VA

Ranked #155

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap University of Richmond Apartments

What is a cheap apartment in University of Richmond?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University of Richmond is under $1,597.

What is the price of a cheap apartment in University of Richmond?

The cheapest apartment in University of Richmond is Gateway Apartments which is listed at $1,334, while the average apartment in University of Richmond costs $1,882.

What types of apartments are the cheapest in University of Richmond?

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 7 regular apartments in University of Richmond 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 University of Richmond?

Cheap apartments in University of Richmond have an average cost of $125 which is $1,757 cheaper than the average rent for all rentals in University of Richmond.

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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Your Richmond Neighborhood Guide: Living Near the City's Top Employers

Written by: Richard Corrigan

Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.

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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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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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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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