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$995 - $1,795
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Hill Building
114 Virginia StRichmond, VA 23219
Cheap Apartments for Rent in the Upper Shockoe Valley Neighborhood of Richmond, VA from $800 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Upper Shockoe Valley area of Richmond.
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$1,000 - $1,620
Plus Fees12 Month Lease Term
1 to 4 Bedroom Apartments Available NowJefferson Townhouses
1951 Venable StRichmond, VA 23223
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$1,080 - $1,289
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowFlats at 14th
10 S 14th StRichmond, VA 23219
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$1,109 - $2,258
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Attain
1903 E Marshall StRichmond, VA 23223
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$1,130 - $1,429
Plus Fees
Studio to 1 Bedroom Apartments Available May 20The Corner Lofts
1323 1/2 E Main StRichmond, VA 23219
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$1,177
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowThe Oliver
908 Oliver Hill WayRichmond, VA 23219
219 N 19th St, Unit 33
219 N 19th St
RichmondVA23223
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.
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$1,199 - $2,049
Plus Fees
1 to 3 Bedroom Apartments Available NowShockoe Valley View
1904 Cedar StRichmond, VA 23223
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Studio to 2 Bedroom Apartments
2001 East
2001 E Broad StRichmond, VA 23223
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1 to 2 Bedroom Apartments
Shockoe Commons
1209-1211 E Main StRichmond, VA 23223
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1 to 3 Bedroom Apartments
Terrace at the Masonry
202 N 20th StRichmond, VA 23223
219 N 19th St
RichmondVA23223
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Studio to 3 Bedroom Apartments
Shockoe Creek Apartments
1407-1411 E Cary StRichmond, VA 23219
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1 to 2 Bedroom Apartments
The Lofts at Franklin
1806-1816 E Franklin StRichmond, VA 23223
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.
Showing Results 1-14, Page 1 of 1
Upper Shockoe Valley, Richmond, VA Local Guide
How much does it cost to rent an apartment in Upper Shockoe Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Upper Shockoe Valley Studio Apartments | $1,197 | $995 | $1,479 |
| Upper Shockoe Valley 1 Bedroom Apartments | $1,472 | $1,000 | $2,000 |
| Upper Shockoe Valley 2 Bedroom Apartments | $1,608 | $1,225 | $2,177 |
| Upper Shockoe Valley 3 Bedroom Apartments | $1,853 | $1,395 | $2,258 |
| Upper Shockoe Valley 4 Bedroom Apartments | $1,620 | $1,620 | $1,620 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Upper Shockoe Valley Neighborhood of Richmond, VA.
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Upper Shockoe Valley, Richmond, VA Local Guide
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Cheapest Available Upper Shockoe Valley Apartments for Rent
The cheapest available apartment rental in the Upper Shockoe Valley area of Richmond, VA is a Studio unit found at The Hill Building priced from $995. Shockoe Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,043. Here are the most affordable Upper Shockoe Valley apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Hill Building | Studio | Studio,1BA | $995 |
| Shockoe Commons | SCommons-A2 | 1BR,1BA | $1,043 |
| Flats at 14th | 0 Bedroom 1 Bath - 31684 | Studio,1BA | $1,081 |
| The Attain | Bellevue | 1BR,1BA | $1,109 |
| The Oliver | The Virginia | 1BR,1BA | $1,177 |
Best Value Apartments for Rent in Upper Shockoe Valley, VA
As of April 27, 2026 the best value apartment in the Upper Shockoe Valley area is the $1.46 price per square foot 2 Bedroom 2 Bath - 30004 Model at 10 Walnut Alley in the in the Downtown Richmond neighborhood starting from $1,830. The second greatest value Upper Shockoe Valley apartment is the B1.1 Model at Raven Place starting at $1,775 with a $1.50 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 10 Walnut Alley | 2 Bedroom 2 Bath - 30004 | 2BR,2BA | $1.46 |
| Raven Place | B1.1 | 2BR,2BA | $1.50 |
| The Watkins at Shockoe | The Watkins - Shiplock (One Bedroom) | 1BR,1BA | $1.53 |
| Atrium Lofts at Cold Storage | One Bedroom | 1BR,1BA | $1.74 |
| Jefferson Townhouses | 2x1 | 2BR,1BA | $1.63 |
| The Hill Building | 1BD/1BA - Two Story Loft | 1BR,1BA | $1.85 |
| 2001 East | A2 | 1BR,1BA | $2.15 |
| Shockoe Commons | SCommons-A2 | 1BR,1BA | $1.66 |
| Cigar Lofts | The Scout | 1BR,1BA | $1.98 |
| Cedar Broad | A2a | 1BR,1BA | $2.29 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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
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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.
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Pet Friendly LifestyleUpper Shockoe Valley, Richmond, VA
Ranked #154
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $1,320.
What is the price of a cheap apartment in Upper Shockoe Valley?
The cheapest apartment in Upper Shockoe Valley is Shockoe Commons which is listed at $1,043, while the average apartment in Upper Shockoe Valley costs $1,981.
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 17 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 $839 which is $1,142 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.
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.
Articles, How-To's, and Tips
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.