Cheap Homes for Rent in VCU Neighborhood of Richmond, VA from $1,200 (30 Rentals)

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

property at 301 Goshen St

$1,295 - $1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

1 Bedroom Rentals

Available Now

301 Goshen St

RichmondVA23220

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.

property at 210 N Stafford Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Condo for Rent

Available May 10

210 N Stafford Ave

RichmondVA23220
property at 516 N 3rd St

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1 Bath Townhome for Rent

Available Now

516 N 3rd St

RichmondVA23219

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.

property at 800 W Cary St

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695

Total Monthly Price
$1,695

1 Bedroom, 1 Bath Condo for Rent

Available Jul 10

800 W Cary St

RichmondVA23284
property at 806 W Cary St

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695

Total Monthly Price
$1,695

1 Bedroom, 1 Bath Condo for Rent

Available Now

806 W Cary St

RichmondVA23220
property at 1309 W Main St

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

1 Bedroom, 1 Bath Home for Rent

Available Aug 5

1309 W Main St

RichmondVA23220

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.

property at 219 S Cherry St

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

2 Bedroom, 1 Bath Condo for Rent

Available Aug 10

219 S Cherry St

RichmondVA23220
property at 1315 Wallace St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1 Bath Condo for Rent

Available Jun 1

1315 Wallace St

RichmondVA23220
property at 1203 W Main St

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

2 Bedroom, 1 Bath Home for Rent

Available Jul 20

1203 W Main St

RichmondVA23220
property at 123 E Broad St

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

2 Bedroom, 2 Bath Condo for Rent

Available Now

123 E Broad St

RichmondVA23219
property at 1820 W Cary St

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

2 Bedroom, 1 Bath Townhome for Rent

Available Aug 1

1820 W Cary 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.

property at 1822 W Cary St

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

2 Bedroom, 1 Bath Townhome for Rent

Available Aug 1

1822 W Cary St

RichmondVA23220
property at 707 Catherine St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1.5 Bath Home for Rent

Available Now

707 Catherine St

RichmondVA23220

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 ListingModel NameBed/BathPriced From
Eagle Mill Lofts2bed 1bth2BR,1BA$950
Van de VyverThe ReserveStudio,1BA$998
The Foundry ApartmentsOne Bedroom1BR,1BA$1,013
Towers on FranklinHarrisonStudio,1BA$1,035
The Stables1 Bedroom 1 Bathroom1BR,1BA$1,055
The Mezzo LoftsMontage Gallery - StudiosStudio,1BA$1,096
The EdisonStudioStudio,1BA$1,096
Residences at the John MarshallStudioStudio,1BA$1,106
Mortons Apartments1BR/1.0BA1BR,1BA$1,119
The Jackson on Broad0 Bedroom 1 Bath - 30567Studio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The BerkshireDowntown Double Suite2BR,2BA$1.44
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.51
Jackson Street Lofts3 Bedroom 3 Bath - 506233BR,3BA$1.61
110 E Cary St2 Beds 1 Bath2BR,1BA$1.26
209 E Main StUnit 208A2BR,1BA$1.36
210 E Grace St2 Bed/2 Bath2BR,2BA$1.35
Miller and Rhoads Residences1 Bedroom1BR,1BA$1.39
Broadway ApartmentsTwo Bed One Bath2BR,1BA$1.60
CT Russell Apartments2 Bedroom 1 Bath - 436792BR,1BA$1.68
The Stables1 Bedroom 1 Bathroom1BR,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

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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.

decorative image for Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters article

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.

decorative image for Explore The River City Like a Local: The Insiders Guide to Renting in Richmond, VA article

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

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.