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$825 - $1,700
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowEagle Mill Lofts
1418 W Marshall StRichmond, VA 23220
Cheap Apartments for Rent in the VCU Neighborhood of Richmond, VA from $600 (155 Rentals)
Search the lowest-cost Apartments available for rent right now in the VCU area of Richmond.
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$980 - $2,250
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available Jul 31106 West Franklin St
1106 Franklin StRichmond, VA 23220
1017 W Leigh St
RichmondVA23220
1019 W Leigh St
RichmondVA23220
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$998 - $1,489
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowVan de Vyver
713 N 1st StRichmond, VA 23219
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$1,010
Plus Fees
1 Bedroom Apartments Contact Us For Availability1411 Grove Avenue
1411 Grove AveRichmond, VA 23220
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$1,035 - $2,199
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$900 - $2,064
Required Monthly Fees
$135
Total Monthly Price
$1,035 - $2,199
Towers on Franklin
104 W Franklin StRichmond, VA 23220
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$1,061 - $2,875
Plus Fees
1 to 3 Bedroom Apartments Available NowThe Berkshire
300 W Franklin StRichmond, VA 23220
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$1,087 - $2,517
Plus Fees
Studio to 2 Bedroom Apartments Available NowResidences at the John Marshall
101 N 5th StRichmond, VA 23219
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$1,0951 Bedroom Apartments Available Aug 10
421 W Grace St, Unit 203
421 W Grace StRichmond, VA 23220
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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Rent Specials
$1,099 - $2,721
Plus Fees
Studio to 2 Bedroom Apartments Available NowCentennial Terrace
507 E Main StRichmond, VA 23219
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$1,100 - $1,860
Plus Fees
1 to 3 Bedroom Apartments Available Jul 11123-25-27 West Grace Street
1123-1127 W Grace StRichmond, VA 23220
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$1,104 - $2,881
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,092 - $2,869
Required Monthly Fees
$12
Total Monthly Price
$1,104 - $2,881
Coliseum Lofts
1335-1387 W Broad StRichmond, VA 23220
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$1,122 - $1,645
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available Jun 17District Square Apartments
111-117 W Marshall StRichmond, VA 23220
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$1,131 - $2,829
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Mezzo Lofts
17 W Broad StRichmond, VA 23220
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$1,135 - $1,562
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowThe Foundry Apartments
946 Sledd StRichmond, VA 23220
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$1,149 - $1,539
Plus Fees
1 Bedroom Apartments Available NowAtrium on Broad Apartments
115 E Broad StRichmond, VA 23219
1209 Wallace St
RichmondVA23220
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$1,164 - $1,575
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowMonroe Park Towers Apartments
520 W Franklin StRichmond, VA 23220
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$1,177
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowThe Concord Northside
710 W Fells StRichmond, VA 23222
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.
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$1,179 - $2,024
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Biggs Building
900 W Marshall StRichmond, VA 23220
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$1,180 - $2,190
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available Jul 4Grace & Monroe Apartments
401 W Grace StRichmond, VA 23220
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$1,195 - $2,100
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowPark Northside Apartments
1603 Roane StRichmond, VA 23222
1840 Monument Ave
RichmondVA23220
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$1,219 - $1,279
Plus Fees
1 Bedroom Apartments Available NowMortons Apartments
213 E Broad StRichmond, VA 23219
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$1,229 - $1,925
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available Aug 7Total Monthly Price
Base Rent
$1,124 - $1,820
Required Monthly Fees
Varies
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Varies
Iron House Apartments
1309 W Broad StRichmond, VA 23220
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$1,249 - $2,549
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,099 - $2,399
Required Monthly Fees
$150
Total Monthly Price
$1,249 - $2,549
The Shockoe Collection
104 Shockoe SlipRichmond, VA 23219
1605 Hickory St
RichmondVA23222
1610 Fendall Ave
RichmondVA23222
1719 Blair St
RichmondVA23220
Cash 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.
1903 Grayland Ave
RichmondVA23220
517 N Harrison St
RichmondVA23220
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$1,260 - $3,109
Plus Fees
1 to 2 Bedroom Apartments Available NowCapitol Lofts
1001 E Main StRichmond, VA 23219
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$1,292 - $2,129
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,286 - $2,123
Required Monthly Fees
Varies
Total Monthly Price
Varies
Residences at Richmond Trust
629 E Main StRichmond, VA 23219
417 Fritz St
RichmondVA23222
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$1,2952 Bedroom Apartments Available Jun 10
501 W Grace St, Unit A
501 W Grace StRichmond, VA 23220
1607 Brookfield St
RichmondVA23222
1608 Brookfield St
RichmondVA23222
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$1,310 - $1,588
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,304 - $1,582
Required Monthly Fees
Varies
Total Monthly Price
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Deco at CNB
219 E Broad StRichmond, VA 23219
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$1,325 - $1,775
Plus Fees1 Month Lease Term
1 to 2 Bedroom Apartments Available Jun 18Marshall Street Apartments
220 E Marshall StRichmond, VA 23219
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.
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$1,335 - $1,895
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowCary Belvidere Apartments
601 W Cary StRichmond, VA 23220
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$1,341
Total Monthly Price
Studio to 1 Bedroom Apartments Available Jun 28Total Monthly Price
Base Rent
$1,335
Required Monthly Fees
Varies
Total Monthly Price
Varies
The Edgar at Linden Row
114 E Franklin StRichmond, VA 23219
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$1,350 - $1,490
Plus Fees
1 Bedroom Apartments Available Now1005 Grove Ave Apartments
1005 Grove AveRichmond, VA 23220
1721 Blair St
RichmondVA23220
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$1,354 - $2,555
Total Monthly Price
1 to 3 Bedroom Apartments Available Jun 25Total Monthly Price
Base Rent
$1,249 - $2,450
Required Monthly Fees
$105
Total Monthly Price
$1,354 - $2,555
The Loop at Midtown
2 W Franklin StRichmond, VA 23220
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$1,358 - $2,566
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowPark Plaza @ Belvidere
515 W Franklin StRichmond, VA 23220
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$1,379 - $4,252
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Penny at Jackson Ward
2 W Marshall StRichmond, VA 23220
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$1,386 - $4,137
Plus Fees
Studio to 2 Bedroom Apartments Available May 22Mutual on Main Apartments
909 E Main StRichmond, VA 23219
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$1,3952 Bedroom Apartments Available Aug 10
505 W Grace St, Unit APT B
505 W Grace StRichmond, VA 23220
8 S Granby St
RichmondVA23220
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.
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 | $1,329 | $998 | $1,972 |
| VCU 1 Bedroom Apartments | $1,558 | $825 | $2,460 |
| VCU 2 Bedroom Apartments | $1,876 | $930 | $4,610 |
| VCU 3 Bedroom Apartments | $1,942 | $810 | $3,800 |
| VCU 4 Bedroom Apartments | $1,129 | $729 | $3,680 |
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 155 rentals with your search options within a 2 mile radius of the VCU Neighborhood of Richmond, VA.
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Cheapest Available VCU Apartments for Rent
The cheapest available apartment rental in the VCU area of Richmond, VA is a 2 Beds unit found at Eagle Mill Lofts priced from $950. Van de Vyver has the second lowest priced unit, which is a Studio apartment currently listed from $998. Here are the most affordable VCU apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eagle Mill Lofts | 2bed 1bth | 2BR,1BA | $950 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| Towers on Franklin | Harrison | Studio,1BA | $1,035 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
| Residences at the John Marshall | Studio | Studio,1BA | $1,087 |
| Landmark at Marshall Broad | The Franklin | Studio,1BA | $1,126 |
| The Mezzo Lofts | Montage Gallery - Studios | Studio,1BA | $1,131 |
| The Foundry Apartments | One Bedroom | 1BR,1BA | $1,135 |
| Atrium on Broad Apartments | 1BR/1.0BA | 1BR,1BA | $1,149 |
| Monroe Park Towers Apartments | 0BR/1.0BA | Studio,1BA | $1,164 |
Best Value Apartments for Rent in VCU, VA
As of May 08, 2026 the best value apartment in the VCU area is the $1.44 price per square foot Downtown Double Suite Model at The Berkshire in the in the Downtown Richmond neighborhood starting from $2,680. The second greatest value VCU apartment is the 4x2 - Priced Per Bedroom Model at Marshall Park starting at $750 with a $0.51 price per square foot in the Downtown Richmond neighborhood. 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. |
|---|---|---|---|
| The Berkshire | Downtown Double Suite | 2BR,2BA | $1.44 |
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.51 |
| Park Plaza @ Belvidere | 2BR/2.0BA | 2BR,2BA | $1.30 |
| Capitol Lofts | B9 | 2BR,2BA | $1.55 |
| 209 E Main St | Unit 208A | 2BR,1BA | $1.36 |
| 210 E Grace St | 2 Bed/2 Bath | 2BR,2BA | $1.35 |
| Miller and Rhoads Residences | 1 Bedroom | 1BR,1BA | $1.55 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1.34 |
| 1 West Cary Apartments | 2BR/1.0BA | 2BR,1BA | $1.58 |
| Shockoe Collection | A1 - 1 Bed 1 Bath | 1BR,1BA | $1.54 |
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 $1,164.
What is the price of a cheap apartment in VCU?
The cheapest apartment in VCU is Eagle Mill Lofts which is listed at $950, while the average apartment in VCU costs $2,079.
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 161 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 $649 which is $1,430 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
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.
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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.