
Cheap Homes for Rent in VCU Neighborhood of Richmond, VA from $1,200 (30 Rentals)
Search the lowest-cost Homes available for rent right now in the VCU area of Richmond.


501 W Grace St, Unit A

301 Goshen St

9 S Brunswick St

421 W Grace St

301 Goshen St, Unit 2F

507 W Grace St, Unit C
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.

421 W Grace St, Unit 101

505 W Grace St, Unit APT B

Total Monthly Price
525 E Grace St, Unit 205

Total Monthly Price
2207 W Grace St, Unit Apt C

210 N Stafford Ave

Total Monthly Price
525 E Grace St, Unit 102

516 N 3rd St
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.

Total Monthly Price
1815 W Grace St, Unit Apt 2

1333 W Broad St, Unit 510, Unit 510

800 W Cary St

613 N Lombardy St, Unit 203

1333 W Broad St, Unit 514

806 W Cary St

1309 W Main St
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.

802 W Marshall St

219 S Cherry St

223 S Cherry St, Unit 1C

1315 Wallace St

1203 W Main St

123 E Broad St

1820 W Cary 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.

1822 W Cary St

707 Catherine St
VCU, Richmond, VA Local Guide

How much does it cost to rent a home in VCU?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| VCU 2 Bedroom Homes for Rent | $1,949 | $1,395 | $2,950 |
| VCU 3 Bedroom Homes for Rent | $2,605 | $1,795 | $3,950 |
| VCU 4 Bedroom Homes for Rent | $2,917 | $2,062 | $3,800 |
| VCU 5 Bedroom Homes for Rent | $3,447 | $3,095 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the VCU Neighborhood of Richmond, VA.
Explore Richmond
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 |
| The Foundry Apartments | One Bedroom | 1BR,1BA | $1,013 |
| Towers on Franklin | Harrison | Studio,1BA | $1,035 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
| The Mezzo Lofts | Montage Gallery - Studios | Studio,1BA | $1,096 |
| The Edison | Studio | Studio,1BA | $1,096 |
| Residences at the John Marshall | Studio | Studio,1BA | $1,106 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1,119 |
| The Jackson on Broad | 0 Bedroom 1 Bath - 30567 | Studio,1BA | $1,130 |
Best Value Apartments for Rent in VCU, VA
As of April 27, 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 |
| Jackson Street Lofts | 3 Bedroom 3 Bath - 50623 | 3BR,3BA | $1.61 |
| 110 E Cary St | 2 Beds 1 Bath | 2BR,1BA | $1.26 |
| 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 | $1.39 |
| Broadway Apartments | Two Bed One Bath | 2BR,1BA | $1.60 |
| CT Russell Apartments | 2 Bedroom 1 Bath - 43679 | 2BR,1BA | $1.68 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.70 |
Frequently Asked Questions about VCU
What type of rentals are currently available in VCU?
There are currently 403 Apartments for Rent in VCU, VA with pricing that ranges from $729 to $4,638. There are also 82 Single Family Homes for rent, Condos, and Townhome rentals currently available in VCU ranging from $1,295 to $3,950.
What is the current price range for Rental Homes in VCU?
Today's rental pricing for Homes for Rent, Condos and Townhomes in VCU ranges from $1,295 to $3,950 with an average monthly rent of $2,534.
How much are larger Three and Four Bedroom Rentals in VCU?
For those who are looking for larger living arrangements, Three Bedroom Apartments in VCU range from $779 to $3,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $3,950. Four Bedroom Single-Family rentals are also available starting from $2,062 and Four Bedroom Apartments start at $729.
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.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.