
Cheap Apartments for Rent in the University of Richmond Neighborhood of Richmond, VA from $850 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the University of Richmond area of Richmond.


Three Chopt West Apartments

Landmark at Patterson

Total Monthly Price
Staples Mill Townhomes

Park West End
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.

Crestwood at Libbie

Nottingham Green Apartments

The Cloisters

Regency Village Apartments

Landmark at Patterson
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.

The Faison Residence

The Virginia Apartments

Camelot Townhomes

Landmark at Gayton

Landmark at Gayton Apartments
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.

Tuckahoe Creek Apartments
University of Richmond, Richmond, VA Local Guide

How much does it cost to rent an apartment in University of Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University of Richmond Studio Apartments | $1,549 | $1,082 | $2,243 |
| University of Richmond 1 Bedroom Apartments | $1,741 | $1,313 | $2,165 |
| University of Richmond 2 Bedroom Apartments | $2,016 | $1,276 | $2,975 |
| University of Richmond 3 Bedroom Apartments | $2,600 | $1,816 | $3,665 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the University of Richmond Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
University of Richmond, Richmond, VA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Staples Mill Townhomes | The Jamestown | 2BR,1BA | $1,295 |
| Gateway Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,334 |
| Tuckahoe Creek Apartments | The Dogwood | 1BR,1BA | $1,356 |
| Park West End | The Valentine | 1BR,1BA | $1,363 |
| Crestwood at Libbie | 2X1 | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1503 Westbury Dr - Furnished House | House | 3BR,2BA | $1.54 |
| Three Chopt West Apartments | Regency | 2BR,1BA | $1.56 |
| Staples Mill Townhomes | The Woodhaven | 3BR,1BA | $1.85 |
| Creek's Edge at Stony Point | Tribeca | 1BR,1BA | $2.34 |
| James River at Stony Point | Brookstone-H | 1BR,1BA | $2.05 |
| Tuckahoe Creek Apartments | The Dogwood | 1BR,1BA | $1.87 |
| Gateway Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.91 |
| Crestwood at Libbie | 2X1 | 2BR,1BA | $2.02 |
| The Rise At Regency | A1A | 1BR,1BA | $2.34 |
| Park West End | The Valentine | 1BR,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.
Read ArticleThe 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
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleUniversity Of Richmond, Richmond, VA
Ranked #155
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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

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.

Explore The River City Like a Local: The Insider's 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.

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.

A Local Expert's 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.
Articles, How-To's, and Tips

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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.