Cheap Apartments for Rent in the Upper Shockoe Valley Neighborhood of Richmond, VA from $900 (31 Rentals)

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

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The Hill Building
1 to 2 Bedroom Apartments

The Hill Building

114 Virginia StRichmond, VA 23219
  • Utilities Included
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Shockoe Commons
1 to 2 Bedroom Apartments

Shockoe Commons

1209-1211 E Main StRichmond, VA 23223

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The Lofts at Franklin
1 to 2 Bedroom Apartments

The Lofts at Franklin

1806-1816 E Franklin StRichmond, VA 23223
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Cobblestone Commons
1 to 2 Bedroom Apartments

Cobblestone Commons

1425 E Cary StRichmond, VA 23219
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The Buggy Factory
1 to 2 Bedroom Apartments

The Buggy Factory

1421 Lombardy AlyRichmond, VA 23219
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Showing Results 1-31, Page 1 of 1

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 2001 East priced from $925. Shockoe Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here are the most affordable Upper Shockoe Valley apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
2001 EastA31BR,1BA$925
Shockoe CommonsA21BR,1BA$1,075
1407 E Cary Street1 Beds, 1 Baths1BR,1BA$1,099
Attain ShockoeGinter1BR,1BA$1,105
The Corner Lofts - 1321 E. Main St.1BR/1.0BA1BR,1BA$1,122
The Lofts at Shockoe SlipThe Lofts at Shockoe Slip 208Studio,1BA$1,149
The OliverThe Virginia1BR,1BA$1,150
Jefferson Townhouses2x12BR,1BA$1,225
Cobblestone CommonsCobblestone Commons Unit 3091BR,1BA$1,299
Sphere ApartmentsS2Studio,1BA$1,299

Best Value Apartments for Rent in Upper Shockoe Valley, VA

As of June 02, 2025 the best value apartment in the Upper Shockoe Valley area is the $1.81 price per square foot James Lofts Model at The Watkins at Shockoe in the in the Downtown Richmond neighborhood starting from $2,326. The second greatest value Upper Shockoe Valley apartment is the B1.1 Model at Raven Place starting at $1,730 with a $1.47 price per square foot in the Downtown Richmond 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.
The Watkins at ShockoeJames Lofts2BR,2BA$1.81
Raven PlaceB1.12BR,2BA$1.47
American Tobacco CenterC13BR,3BA$2.09
Shockoe CommonsB22BR,2BA$1.80
1407 E Cary Street1 Beds, 1 Baths1BR,1BA$1.11
Exchange PlaceExchange Place Unit 1102BR,2BA$1.90
1710 East Franklin Street1BR/1.0BA1BR,1BA$1.57
Jefferson Townhouses2x12BR,1BA$1.63
Atrium Lofts at Cold StorageOne Bedroom1BR,1BA$2.03
The Lofts at Shockoe SlipThe Lofts at Shockoe Slip 208Studio ,1BA$1.99

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Pet Friendly Lifestyle
Upper Shockoe Valley, Richmond, VA

Ranked #89

Among neighborhoods in Richmond, VA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Upper Shockoe Valley Neighborhood in Richmond, VA

Walk Score®

79 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

Transit Score®

59 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Upper Shockoe Valley Apartments

What is a cheap apartment in Upper Shockoe Valley?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Upper Shockoe Valley is under $1,299.

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

The cheapest apartment in Upper Shockoe Valley is 2001 East which is listed at $925, while the average apartment in Upper Shockoe Valley costs $2,239.

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 60 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 $698 which is $1,541 cheaper than the average rent for all rentals in Upper Shockoe Valley.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.