
Cheap Apartments for Rent in the Upper Shockoe Valley Neighborhood of Richmond, VA from $800 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Upper Shockoe Valley area of Richmond.


The Oliver

The Corner Lofts

1407 E Cary Street
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 | $1,217 | $864 | $1,488 |
Upper Shockoe Valley 1 Bedroom Apartments | $1,501 | $958 | $1,960 |
Upper Shockoe Valley 2 Bedroom Apartments | $1,667 | $1,176 | $2,510 |
Upper Shockoe Valley 3 Bedroom Apartments | $1,760 | $1,395 | $2,049 |
Upper Shockoe Valley 4 Bedroom Apartments | $1,620 | $1,620 | $1,620 |
Browse Apartments in this Neighborhood
There are currently 8 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 Lofts at Shockoe Slip priced from $999. Jefferson Townhouses has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Upper Shockoe Valley apartments for rent in Richmond, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Lofts at Shockoe Slip | The Lofts at Shockoe Slip 316 | Studio,1BA | $999 |
Jefferson Townhouses | 1X1 | 1BR,1BA | $1,000 |
Attain Shockoe | Granby | 1BR,1BA | $1,093 |
Best Value Apartments for Rent in Upper Shockoe Valley, VA
As of September 10, 2025 the best value apartment in the Upper Shockoe Valley area is the $1.47 price per square foot B1.1 Model at Raven Place in the in the Downtown Richmond neighborhood starting from $1,730. The second greatest value Upper Shockoe Valley apartment is the James Model at The Watkins at Shockoe starting at $2,032 with a $2.00 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. |
---|---|---|---|
Raven Place | B1.1 | 2BR,2BA | $1.47 |
The Watkins at Shockoe | James | 2BR,2BA | $2.00 |
Cobblestone Commons | Cobblestone Commons Unit 310 | 2BR,2BA | $1.93 |
Flats at 14th | Studio | Studio ,1BA | $1.64 |
Atrium Lofts at Cold Storage | One Bedroom | 1BR,1BA | $1.85 |
Cigar Lofts | The Scout | 1BR,1BA | $2.22 |
Jefferson Townhouses | 1X1 | 1BR,1BA | $1.68 |
Exchange Place | Exchange Place Unit 227 | 1BR,1BA | $2.38 |
2001 East | Studio B | Studio ,1BA | $2.40 |
The Oliver | The Virginia | 1BR,1BA | $2.29 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleUpper Shockoe Valley, Richmond, VA
Ranked #132
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 $1,350.
What is the price of a cheap apartment in Upper Shockoe Valley?
The cheapest apartment in Upper Shockoe Valley is Jefferson Townhouses which is listed at $1,000, while the average apartment in Upper Shockoe Valley costs $1,849.
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 43 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 $769 which is $1,080 cheaper than the average rent for all rentals in Upper Shockoe Valley.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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