
Cheap Apartments for Rent in the University of Richmond Neighborhood of Richmond, VA from $800 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the University of Richmond area of Richmond.


Park West End

Three Chopt West Apartments

Landmark at Patterson

Total Monthly Price
Staples Mill Townhomes
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.

Total Monthly Price
Wellsmith Apartments

Crestwood at Libbie

Nottingham Green Apartments

The Cloisters

Regency Village Apartments
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.

Landmark at Patterson

The Faison Residence

The Virginia Apartments

Camelot Townhomes

Landmark at Gayton
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.

Landmark at Gayton Apartments

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 | $1,485 | $1,082 | $2,485 |
| University of Richmond 1 Bedroom Apartments | $1,668 | $1,173 | $2,140 |
| University of Richmond 2 Bedroom Apartments | $1,972 | $1,325 | $2,975 |
| University of Richmond 3 Bedroom Apartments | $2,513 | $1,668 | $3,120 |
Browse Apartments in this Neighborhood
There are currently 17 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 1 Bed unit found at Park West End priced from $1,173. Three Chopt West Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,221. Here are the most affordable University of Richmond apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park West End | The Maymont | 1BR,1BA | $1,173 |
| Three Chopt West Apartments | Vintage & Freeman | Studio,1BA | $1,221 |
| Staples Mill Townhomes | The Jamestown | 2BR,1BA | $1,325 |
| Wellsmith Apartments | S1 | Studio,1BA | $1,333 |
| Gateway Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,334 |
Best Value Apartments for Rent in University of Richmond, VA
As of June 21, 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 B8 Model at The Rise At Regency starting at $2,207 with a $1.96 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 |
| The Rise At Regency | B8 | 2BR,2BA | $1.96 |
| Staples Mill Townhomes | The Woodhaven | 3BR,1BA | $2.04 |
| Landmark at Patterson | The Colony | 3BR,1BA | $1.74 |
| The Estates at Horsepen | The Leighton | 1BR,1.5BA | $1.95 |
| James River at Stony Point | Cascade | 1BR,1BA | $2.12 |
| Tuckahoe Creek Apartments | The Dogwood | 1BR,1BA | $1.91 |
| Gateway Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.91 |
| Crestwood at Libbie | 2X1 | 2BR,1BA | $2.10 |
| Park West End | The Maymont | 1BR,1BA | $2.30 |
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 #158
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 $1,638.
What is the price of a cheap apartment in University of Richmond?
The cheapest apartment in University of Richmond is Park West End which is listed at $1,173, while the average apartment in University of Richmond costs $2,676.
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 12 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 $145 which is $2,531 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

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.

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.

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.

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.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.

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.