Cheap Apartments for Rent in the VCU Neighborhood of Richmond, VA from $625 (152 Rentals)

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Search the lowest-cost Apartments available for rent right now in the VCU area of Richmond.

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T and E Apartments
$995 - $2,195

Total Monthly Price

Base Rent$995 - $2,195

Total Monthly Price$995 - $2,195
12 Month Lease Term
Studio to 3 Bedroom Apartments Available Soon

T and E Apartments

1011 W Marshall StRichmond, VA 23220
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311 W. Franklin
Rent Specials
$995 - $1,695

Total Monthly Price

Base Rent$995 - $1,695

Total Monthly Price$995 - $1,695
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

311 W. Franklin

311 W Franklin StRichmond, VA 23220
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The Edison
Rent Specials
$995 - $2,045

Total Monthly Price

Base Rent$995 - $2,045

Total Monthly Price$995 - $2,045
Studio to 3 Bedroom Apartments Available Now

The Edison

700 E Franklin StRichmond, VA 23219
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property at 1019 W Leigh St
$995

Total Monthly Price

Base Rent$995

Total Monthly Price$995
1 Bedroom, 1 Bath Home for Rent
Available Oct 10
Affordability

1019 W Leigh St

RichmondVA23220
property at 311 W Franklin St
$995

Total Monthly Price

Base Rent$995

Total Monthly Price$995
Studio, 1 Bath Home for Rent
Available Now
Affordability

311 W Franklin St

RichmondVA23220
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Van de Vyver
$998 - $1,489

Total Monthly Price

Base Rent$998 - $1,489

Total Monthly Price$998 - $1,489
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

Van de Vyver

713 N 1st StRichmond, VA 23219
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Eagle Mill Lofts
Rent Specials
$1,075 - $1,750

Total Monthly Price

Base Rent$1,075 - $1,750

Total Monthly Price$1,075 - $1,750
12 Month Lease Term
Studio to 3 Bedroom Apartments Available Now

Eagle Mill Lofts

1418 W Marshall StRichmond, VA 23220
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The Berkshire
$1,081 - $2,700

Total Monthly Price

Base Rent$1,081 - $2,700

Total Monthly Price$1,081 - $2,700
1 to 3 Bedroom Apartments Available Sep 24

The Berkshire

300 W Franklin StRichmond, VA 23220
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property at 110 N Harrison St
$1,095

Total Monthly Price

Base Rent$1,095

Total Monthly Price$1,095
12 Month Lease Term
1 Bedroom, 2 Bath Townhome for Rent
Available Now
Furnished

110 N Harrison St

RichmondVA23220
property at 14 S Plum St
$1,095

Total Monthly Price

Base Rent$1,095

Total Monthly Price$1,095
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

14 S Plum St

RichmondVA23220

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.

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209 E Main St
$1,100 - $1,700

Total Monthly Price

Base Rent$1,100 - $1,700

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

209 E Main St

209 E Main StRichmond, VA 23219
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210 E Grace St
$1,100 - $1,450

Total Monthly Price

Base Rent$1,100 - $1,450

Total Monthly Price$1,100 - $1,450
12 Month Lease Term
1 Bedroom Apartments Available Now

210 E Grace St

206-212 E Grace StRichmond, VA 23219
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Towers on Franklin
Rent Specials
$1,115 - $2,139

Total Monthly Price

Base Rent$970 - $1,994
Required Monthly Fees$145

Total Monthly Price$1,115 - $2,139
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

Towers on Franklin

104 W Franklin StRichmond, VA 23220
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The Foundry Apartments
$1,135 - $1,562

Total Monthly Price

Base Rent$1,135 - $1,562

Total Monthly Price$1,135 - $1,562
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

The Foundry Apartments

946 Sledd StRichmond, VA 23220
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The Biggs Building
$1,179 - $2,044

Total Monthly Price

Base Rent$1,179 - $2,044

Total Monthly Price$1,179 - $2,044
Studio to 2 Bedroom Apartments Available Soon

The Biggs Building

900 W Marshall StRichmond, VA 23220
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The Corner Lofts
Rent Specials
$1,199 - $1,300

Total Monthly Price

Base Rent$1,199 - $1,300

Total Monthly Price$1,199 - $1,300
1 Bedroom Apartments Available Now

The Corner Lofts

1321 -1/2 E Main StRichmond, VA 23219
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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.

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District Square Apartments
$1,237 - $2,256

Total Monthly Price

Base Rent$1,237 - $2,256

Total Monthly Price$1,237 - $2,256
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

District Square Apartments

111-117 W Marshall StRichmond, VA 23220
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Iron House Apartments
Rent Specials
$1,242 - $1,900

Total Monthly Price

Base Rent$1,137 - $1,795
Required Monthly FeesVaries

Total Monthly PriceVaries
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Iron House Apartments

1309 W Broad StRichmond, VA 23220
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Marshall Street Apartments
$1,250 - $1,599

Total Monthly Price

Base Rent$1,250 - $1,599

Total Monthly Price$1,250 - $1,599
1 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Marshall Street Apartments

220 E Marshall StRichmond, VA 23219
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Grace & Monroe Apartments
$1,250 - $1,260

Total Monthly Price

Base Rent$1,250 - $1,260

Total Monthly Price$1,250 - $1,260
12 Month Lease Term
1 Bedroom Apartments Available Soon

Grace & Monroe Apartments

401 W Grace StRichmond, VA 23220
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The Penny at Jackson Ward
Rent Specials
$1,277 - $3,079

Total Monthly Price

Base Rent$1,277 - $3,079

Total Monthly Price$1,277 - $3,079
Studio to 2 Bedroom Apartments Available Now

The Penny at Jackson Ward

2 W Marshall StRichmond, VA 23220
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Capitol Lofts
$1,287 - $2,350

Total Monthly Price

Base Rent$1,287 - $2,350

Total Monthly Price$1,287 - $2,350
1 to 2 Bedroom Apartments Available Now

Capitol Lofts

1001 E Main StRichmond, VA 23219
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property at 410 Dobson St
$1,295

Total Monthly Price

Base Rent$1,295

Total Monthly Price$1,295
2 Bedroom Rentals
Available Now
Affordability

410 Dobson St

RichmondVA23220
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Shockoe Collection
$1,299 - $2,549

Total Monthly Price

Base Rent$1,149 - $2,399
Required Monthly Fees$150

Total Monthly Price$1,299 - $2,549
12 Month Lease Term
1 to 3 Bedroom Apartments Available Sep 22

Shockoe Collection

104 Shockoe SlipRichmond, VA 23219
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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.

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Centennial Terrace
Rent Specials
$1,299 - $1,496

Total Monthly Price

Base Rent$1,299 - $1,496

Total Monthly Price$1,299 - $1,496
Studio to 1 Bedroom Apartments Available Now

Centennial Terrace

507 E Main StRichmond, VA 23219
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Coliseum Lofts
$1,299 - $1,999

Total Monthly Price

Base Rent$1,299 - $1,999

Total Monthly Price$1,299 - $1,999
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Coliseum Lofts

1335-1387 W Broad StRichmond, VA 23220
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property at 1005 W Franklin St
$1,300

Total Monthly Price

Base Rent$1,300

Total Monthly Price$1,300
1 Bedroom, 1 Bath Home for Rent
Available Now

1005 W Franklin St

RichmondVA23220
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Cary Belvidere Apartments
$1,335 - $1,895

Total Monthly Price

Base Rent$1,335 - $1,895

Total Monthly Price$1,335 - $1,895
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

Cary Belvidere Apartments

601 W Cary StRichmond, VA 23220
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Deco at CNB
$1,350 - $2,125

Total Monthly Price

Base Rent$1,344 - $2,119
Required Monthly FeesVaries

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Deco at CNB

219 E Broad StRichmond, VA 23219
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1118 Grove Ave
$1,350 - $1,900

Total Monthly Price

Base Rent$1,350 - $1,900

Total Monthly Price$1,350 - $1,900
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

1118 Grove Ave

1118 Grove AveRichmond, VA 23220
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The Edgar at Linden Row
$1,366

Total Monthly Price

Base Rent$1,360
Required Monthly FeesVaries

Total Monthly PriceVaries
Studio to 1 Bedroom Apartments Available Dec 5

The Edgar at Linden Row

114 E Franklin StRichmond, VA 23219
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Richmond’s Best Affordable Neighborhoods

Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

property at 1707 Colorado Ave
$1,395 - $1,850

Total Monthly Price

Base Rent$1,395

Total Monthly Price$1,395
2 To 3 Bedroom Rentals
Available Now

1707 Colorado Ave

RichmondVA23220
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The 1805
Rent Specials
$1,399 - $2,205

Total Monthly Price

Base Rent$1,399 - $2,205

Total Monthly Price$1,399 - $2,205
Studio to 2 Bedroom Apartments Available Sep 26

The 1805

1805 Monument AveRichmond, VA 23220
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The Locks Tower
$1,424 - $5,164

Total Monthly Price

Base Rent$1,424 - $5,164

Total Monthly Price$1,424 - $5,164
1 to 2 Bedroom Apartments Available Now

The Locks Tower

1001 E Byrd StRichmond, VA 23219
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property at 205 E Broad St
$1,425

Total Monthly Price

Base Rent$1,425

Total Monthly Price$1,425
2 Bedroom, 2 Bath Home for Rent
Available Now

205 E Broad St

RichmondVA23219
property at 2014 Idlewood Ave
$1,428

Total Monthly Price

Base Rent$1,428

Total Monthly Price$1,428
2 Bedroom, 1 Bath Home for Rent
Available Now

2014 Idlewood Ave

RichmondVA23220
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One Canal Apartments
$1,431 - $1,646

Total Monthly Price

Base Rent$1,425 - $1,640
Required Monthly FeesVaries

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

One Canal Apartments

108 S 1st StRichmond, VA 23219
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Broadway Apartments
Rent Specials
$1,466 - $1,687

Total Monthly Price

Base Rent$1,466 - $1,687

Total Monthly Price$1,466 - $1,687
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Broadway Apartments

312 E Broad StRichmond, VA 23219
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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.

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 ListingModel NameBed/BathPriced From
11 E Broad St1 Beds, 1 Baths1BR, 1BA$749
The EdisonStudio1BR, 1BA$995
311 W. FranklinHarrisonStudio, 1BA$995
421 W Grace St1 Beds, 1 Baths1BR, 1BA$995
1128 W. Grace St.*1BR/1.0BA1BR, 1BA$995
Van de VyverThe ReserveStudio, 1BA$998
The Jackson on Broad0 Bedroom 1 Bath - 77116Studio, 1BA$1,050
The Stables1 Bedroom 1 Bathroom1BR, 1BA$1,055
Eagle Mill LoftsStudiosStudio, 1BA$1,075
209 E Main StUnit 4,6,81BR, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
11 E Broad St1 Beds, 1 Baths1BR, 1BA$0.25
W. Cary St. 12633BR/2.0BA3BR, 2BA$1.04
Broad St W 200Broad St W 200 - 2023BR, 2BA$1.30
Marshall Park4x2 - Priced Per Bedroom4BR, 2BA$0.46
Broadway ApartmentsTwo Bed Two Bath2BR, 2BA$1.15
The JamesJAMES-22BR, 2BA$0.89
Stuart and Davis1 Bedroom / 1 Bath - 650sqft1BR, 1BA$1.35
Marshall Street Apartments1 Bedroom / 1 Bath - 632sqft1BR, 1BA$1.25
421 W Grace St1 Beds, 1 Baths1BR, 1BA$1.24
1128 W. Grace St.*1BR/1.0BA1BR, 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.

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