Cheap Homes for Rent in Upper Shockoe Valley Neighborhood of Richmond, VA from $2,000 (2 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Upper Shockoe Valley, Richmond, VA Local Guide

Best Value Apartments for Rent in Upper Shockoe Valley, VA

As of July 29, 2025 the best value apartment in the Upper Shockoe Valley area is the $1.78 price per square foot James Lofts Model at The Watkins at Shockoe in the in the Downtown Richmond neighborhood starting from $2,350. 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$1.78
Raven PlaceB1.12BR,2BA$1.47
2001 EastB62BR,2BA$1.82
Exchange PlaceExchange Place Unit 2072BR,2BA$1.97
The Corner Lofts - 1321 E. Main St.1BR/1.0BA1BR,1BA$1.39
Atrium Lofts at Cold StorageTwo Bedroom2BR,2BA$2.17
1710 East Franklin Street1BR/1.0BA1BR,1BA$1.94
Jefferson Townhouses1X11BR,1BA$1.68
Cedar BroadA11BR,1BA$2.08
The OliverThe Virginia1BR,1BA$2.29

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Frequently Asked Questions about Upper Shockoe Valley

What type of rentals are currently available in Upper Shockoe Valley?

There are currently 50 Apartments for Rent in Upper Shockoe Valley, VA with pricing that ranges from $829 to $3,243. There are also 2 Single Family Homes for rent, Condos, and Townhome rentals currently available in Upper Shockoe Valley ranging from $2,050 to $2,400.

What is the current price range for Rental Homes in Upper Shockoe Valley?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Upper Shockoe Valley ranges from $2,050 to $2,400 with an average monthly rent of $2,250.

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.