
Cheap Apartments for Rent in the VCU Neighborhood of Richmond, VA from $600 (141 Rentals)
Search the lowest-cost Apartments available for rent right now in the VCU area of Richmond.


Total Monthly Price
1301 Idlewood Ave, Unit 1301

Van de Vyver

The Berkshire

The Edison

Total Monthly Price
209 E Main St

Eagle Mill Lofts

Total Monthly Price
Towers on Franklin

The Foundry Apartments

District Square Apartments
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.

Residences at the John Marshall

The Concord Northside

The Biggs Building

The Corner Lofts

400 W Grace St, Unit 3

503 E Main St

311 W Franklin St, Unit 1105

421 W Grace St

Park Northside Apartments

The Mezzo 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
311 W. Franklin

Mortons Apartments

Total Monthly Price
The Shockoe Collection

1510 W. Broad Street

Total Monthly Price
Residences at Richmond Trust

Total Monthly Price
T and E Apartments

311 W Franklin St, Unit 911

1708 Tyler St

1617 Brookfield St

308 W Broad St
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.

Centennial Terrace

Atrium on Broad Apartments

2517 W Grace St

Marshall Street Apartments

Total Monthly Price
Iron House Apartments

Cary Belvidere Apartments

Total Monthly Price
Deco at CNB

1 West Cary Apartments

1005 Grove Ave Apartments

1322 W Broad St
Richmond’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

First National Apartments

1622 Grove Ave

The 1805

Monroe Park Towers Apartments

The Penny at Jackson Ward

Total Monthly Price
Coliseum Lofts

511 Ryland St

1005 W Franklin St

210 E Grace St

525 Fritz St
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 | $1,304 | $998 | $1,700 |
| VCU 1 Bedroom Apartments | $1,552 | $1,081 | $3,025 |
| VCU 2 Bedroom Apartments | $1,803 | $939 | $3,100 |
| VCU 3 Bedroom Apartments | $1,996 | $819 | $3,800 |
| VCU 4 Bedroom Apartments | $1,056 | $710 | $3,300 |
Browse Apartments in this Neighborhood
There are currently 141 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. 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 |
|---|---|---|---|
| 11 E Broad St | 1 Beds, 1 Baths | 1BR,1BA | $749 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
| The Edison | Studio | Studio,1BA | $1,090 |
| 209 E Main St | Unit 4,6,8 | 1BR,1BA | $1,100 |
| The Foundry Apartments | One Bedroom | 1BR,1BA | $1,135 |
| Grace St 1120 | Grace St 1120 - 17 | 1BR,1BA | $1,175 |
| Park Northside Apartments | 2B/1BA TH Classic | 2BR,1BA | $1,195 |
| The Mezzo Lofts | Mosaic Gallery - 1 Bedroom 1 Bath | 1BR,1BA | $1,195 |
Best Value Apartments for Rent in VCU, VA
As of July 29, 2026 the best value apartment in the VCU area is the $1.39 price per square foot Broad St W 200 - 202 Model at Broad St W 200 in the in the Downtown Richmond neighborhood starting from $2,300. The second greatest value VCU apartment is the 1301 Idlewood Ave Model at 1301 Idlewood Ave, Unit 1301 starting at $926 with a $0.58 price per square foot in the Near West 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. |
|---|---|---|---|
| Broad St W 200 | Broad St W 200 - 202 | 3BR,2BA | $1.39 |
| 1301 Idlewood Ave, Unit 1301 | 1301 Idlewood Ave | 4BR,2BA | $0.58 |
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.48 |
| 16 W Broad St, Unit Apartment 1 | 16 W Broad St | 3BR,2BA | $1.36 |
| Broadway Apartments | Two Bed Two Bath | 2BR,2BA | $1.31 |
| Miller and Rhoads Residences | 1 Bedroom 1.5 Bath | 1BR,1.5BA | $1.37 |
| Stuart and Davis | 1 Bedroom / 1 Bath - 650sqft | 1BR,1BA | $1.40 |
| Marshall Street Apartments | 1 Bedroom / 1 Bath - 632sqft | 1BR,1BA | $1.33 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1.32 |
| 1510 W. Broad Street | 1 Bedroom / 1 Bath - 599sqft | 1BR,1BA | $1.43 |
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 $1,195.
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 $1,975.
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 76 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 $521 which is $1,454 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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.