
Cheap Apartments for Rent in the VCU Neighborhood of Richmond, VA from $625 (152 Rentals)
Search the lowest-cost Apartments available for rent right now in the VCU area of Richmond.


Total Monthly Price
311 W. Franklin

Total Monthly Price
The Edison

1019 W Leigh St

311 W Franklin St

Total Monthly Price
Van de Vyver

Total Monthly Price
Eagle Mill Lofts

Total Monthly Price
The Berkshire

110 N Harrison St

14 S Plum St
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.

Total Monthly Price
209 E Main St

Total Monthly Price
210 E Grace St

Total Monthly Price
Towers on Franklin

Total Monthly Price
The Foundry Apartments

Total Monthly Price
Residences at the John Marshall

Total Monthly Price
The Biggs Building

Total Monthly Price
1 West Cary Apartments

Total Monthly Price
1510 W. Broad Street

Total Monthly Price
The Concord Northside

Total Monthly Price
The Corner Lofts
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Total Monthly Price
District Square Apartments

Total Monthly Price
Iron House Apartments

Total Monthly Price
Marshall Street Apartments

Total Monthly Price
Grace & Monroe Apartments

Total Monthly Price
Monroe Park Towers Apartments

Total Monthly Price
The Penny at Jackson Ward

Total Monthly Price
Capitol Lofts

Total Monthly Price
Park Northside Apartments

410 Dobson St

Total Monthly Price
Shockoe Collection
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.

Total Monthly Price
Atrium on Broad Apartments

Total Monthly Price
Centennial Terrace

Total Monthly Price
Coliseum Lofts

1005 W Franklin St

Total Monthly Price
Residences at Richmond Trust

Total Monthly Price
Cary Belvidere Apartments

Total Monthly Price
Deco at CNB

Total Monthly Price
1005 Grove Ave Apartments

Total Monthly Price
1118 Grove Ave

Total Monthly Price
The Edgar at Linden Row
Richmond’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

Total Monthly Price
Mutual on Main Apartments

217 E Grace St

1707 Colorado Ave

Total Monthly Price
The 1805

Total Monthly Price
The Locks Tower

205 E Broad St

2014 Idlewood Ave

Total Monthly Price
One Canal Apartments

Total Monthly Price
2033 W Broad St

Total Monthly Price
Broadway Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
VCU, Richmond, VA Local Guide

How much does it cost to rent an apartment in VCU?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| VCU Studio Apartments | $1,337 | $995 | $1,807 |
| VCU 1 Bedroom Apartments | $1,582 | $995 | $2,899 |
| VCU 2 Bedroom Apartments | $1,918 | $945 | $4,229 |
| VCU 3 Bedroom Apartments | $1,857 | $825 | $3,800 |
| VCU 4 Bedroom Apartments | $1,155 | $690 | $1,265 |
Browse Apartments in this Neighborhood
There are currently 152 rentals with your search options within a 2 mile radius of the VCU Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
Cheapest Available VCU Apartments for Rent
 The cheapest available apartment rental in the VCU area of Richmond, VA is a 1 Bed unit found at 11 E Broad St priced from $749. The Edison has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable VCU apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 11 E Broad St | 1 Beds, 1 Baths | 1BR, 1BA | $749 |
| The Edison | Studio | 1BR, 1BA | $995 |
| 311 W. Franklin | Harrison | Studio, 1BA | $995 |
| 421 W Grace St | 1 Beds, 1 Baths | 1BR, 1BA | $995 |
| 1128 W. Grace St.* | 1BR/1.0BA | 1BR, 1BA | $995 |
| Van de Vyver | The Reserve | Studio, 1BA | $998 |
| The Jackson on Broad | 0 Bedroom 1 Bath - 77116 | Studio, 1BA | $1,050 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR, 1BA | $1,055 |
| Eagle Mill Lofts | Studios | Studio, 1BA | $1,075 |
| 209 E Main St | Unit 4,6,8 | 1BR, 1BA | $1,100 |
Best Value Apartments for Rent in VCU, VA
As of September 21, 2026 the best value apartment in the VCU area is the $0.25 price per square foot 1 Beds, 1 Baths Model at 11 E Broad St in the Downtown Richmond neighborhood starting from $749. The second greatest value VCU apartment is the 3BR/2.0BA Model at W. Cary St. 1263 in the Near West neighborhood starting at $1,995 with a $1.04 price per square foot. Here is today’s list of the best values for VCU apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 11 E Broad St | 1 Beds, 1 Baths | 1BR, 1BA | $0.25 |
| W. Cary St. 1263 | 3BR/2.0BA | 3BR, 2BA | $1.04 |
| Broad St W 200 | Broad St W 200 - 202 | 3BR, 2BA | $1.30 |
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR, 2BA | $0.46 |
| Broadway Apartments | Two Bed Two Bath | 2BR, 2BA | $1.15 |
| The James | JAMES-2 | 2BR, 2BA | $0.89 |
| Stuart and Davis | 1 Bedroom / 1 Bath - 650sqft | 1BR, 1BA | $1.35 |
| Marshall Street Apartments | 1 Bedroom / 1 Bath - 632sqft | 1BR, 1BA | $1.25 |
| 421 W Grace St | 1 Beds, 1 Baths | 1BR, 1BA | $1.24 |
| 1128 W. Grace St.* | 1BR/1.0BA | 1BR, 1BA | $1.33 |
Frequently Asked Questions about Cheap VCU Apartments
What is a cheap apartment in VCU?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in VCU is under $1,100.
What is the price of a cheap apartment in VCU?
The cheapest apartment in VCU is 11 E Broad St which is listed at $749, while the average apartment in VCU costs $1,588.
What types of apartments are the cheapest in VCU?
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 127 regular apartments in VCU 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 VCU?
Cheap apartments in VCU have an average cost of $614 which is $974 cheaper than the average rent for all rentals in VCU.
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

Your Richmond Neighborhood Guide: Living Near the City's Top Employers
Written by: Richard Corrigan
Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.

Explore The River City Like a Local: The Insider's 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.

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.

A Local Expert's 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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.