Cheap Apartments for Rent in the Upper Shockoe Valley Neighborhood of Richmond, VA from $700 (26 Rentals)

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

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 Bakery
$1,550 - $2,225
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,550 - $2,225

Total Monthly Price
$1,550 - $2,225
1 to 2 Bedroom Apartments Available Now

The Bakery

127 N 17th StRichmond, VA 23219
Transit Friendly
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  • Customer Reviewed
  • Utilities Included
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2001 East
Studio to 2 Bedroom Apartments

2001 East

2001 E Broad StRichmond, VA 23223
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Cedar Broad
1 to 3 Bedroom Apartments

Cedar Broad

1820 E Broad StRichmond, VA 23223
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Shockoe Commons
1 to 2 Bedroom Apartments

Shockoe Commons

1209-1211 E Main StRichmond, VA 23223
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Shockoe Creek Apartments
Studio to 3 Bedroom Apartments

Shockoe Creek Apartments

1407-1411 E Cary StRichmond, VA 23219
  • 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.

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The Lofts at Franklin
1 to 2 Bedroom Apartments

The Lofts at Franklin

1806-1816 E Franklin StRichmond, VA 23223
  • Utilities Included
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213-215 N 18th St
1 to 2 Bedroom Apartments

213-215 N 18th St

213-215 N 18th StRichmond, VA 23223
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The Buggy Factory
1 to 2 Bedroom Apartments

The Buggy Factory

1421 Lombardy AlyRichmond, VA 23219
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Exchange Place
1 to 2 Bedroom Apartments

Exchange Place

1309-1317 E Main StRichmond, VA 23219
Student Housing
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10 Walnut Alley
1 to 2 Bedroom Apartments

10 Walnut Alley

10 Walnut AlyRichmond, VA 23223
  • Utilities Included
property at 219 N 19th St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

219 N 19th St

RichmondVA23223

Richmond’s Best Affordable Neighborhoods

Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

property at 209 N 19th St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

209 N 19th St

RichmondVA23223

Upper Shockoe Valley, Richmond, VA Local Guide

Cheapest Available Upper Shockoe Valley Apartments for Rent

 

The cheapest available apartment rental in the Upper Shockoe Valley area of Richmond, VA is a 1 Bed unit found at Raven Place priced from $1,149. The Attain has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable Upper Shockoe Valley apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Raven PlaceA.11BR,1BA$1,149
The AttainBellevue1BR,1BA$1,150
Jefferson Townhouses2x12BR,1BA$1,225
Flats at 14th1 Bedroom 1 Bath - 677881BR,1BA$1,225
The Hill Building1BD/1BA - Two Story Loft1BR,1BA$1,295
The Watkins at ShockoeThe Watkins - Shiplock (One Bedroom)1BR,1BA$1,310
Shockoe Valley View1X1.21BR,1BA$1,324
Atrium Lofts at Cold StorageOne Bedroom1BR,1BA$1,344
10 Walnut Alley1 Bedroom 1 Bath - 675071BR,1BA$1,399
1710 Lofts1 Bedroom 1 Bath - 722211BR,1BA$1,475

Best Value Apartments for Rent in Upper Shockoe Valley, VA

As of July 26, 2026 the best value apartment in the Upper Shockoe Valley area is the $1.77 price per square foot 1 Bedroom 1 Bath - 72221 Model at 1710 Lofts in the in the Downtown Richmond neighborhood starting from $1,475. The second greatest value Upper Shockoe Valley apartment is the One Bedroom Model at Atrium Lofts at Cold Storage starting at $1,344 with a $1.73 price per square foot in the East neighborhood. Here is today’s list of the best values for Upper Shockoe Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1710 Lofts1 Bedroom 1 Bath - 722211BR,1BA$1.77
Atrium Lofts at Cold StorageOne Bedroom1BR,1BA$1.73
Jefferson Townhouses2x12BR,1BA$1.63
10 Walnut Alley1 Bedroom 1 Bath - 675071BR,1BA$1.94
The BakeryBrioche1BR,1BA$2.48
The Watkins at ShockoeThe Watkins - Belle (Studio)Studio ,1BA$2.12
Raven PlaceA11BR,1BA$1.93
The Hill Building1BD/1BA1BR,1BA$2.25
Flats at 14th1 Bedroom 1 Bath - 677891BR,1BA$2.66
The AttainPocahontasStudio ,1BA$3.12

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
Upper Shockoe Valley, 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 Upper Shockoe Valley Apartments

What is the price of a cheap apartment in Upper Shockoe Valley?

The cheapest apartment in Upper Shockoe Valley is Raven Place which is listed at $1,149, while the average apartment in Upper Shockoe Valley costs $1,687.

What types of apartments are the cheapest in Upper Shockoe Valley?

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 35 regular apartments in Upper Shockoe Valley 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 Upper Shockoe Valley?

Cheap apartments in Upper Shockoe Valley have an average cost of $1,103 which is $584 cheaper than the average rent for all rentals in Upper Shockoe Valley.

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.

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