
Cheap Homes for Rent in VCU Neighborhood of Richmond, VA from $700 (27 Rentals)
Search the lowest-cost Homes available for rent right now in the VCU area of Richmond.


603 Chamberlayne Pky

302 Goshen St, Unit 102

302 Goshen St, Unit 106

301 Goshen St

Total Monthly Price
17 W Main St, Unit 203
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.

501 W Grace St, Unit B

1414 W Marshall St, Unit 502

123 E Broad St

9 S Brunswick St

400 W Grace St, Unit 3

507 W Grace St, Unit C
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.

421 W Grace St, Unit 102

421 W Grace St

421 W Grace St, Unit 101

505 W Grace St, Unit APT B

421 W Grace St

421 W Grace St, Unit 100
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.

Total Monthly Price
2207 W Grace St, Unit Apt C

404 W Grace St, Unit 3

112 S Laurel St, Unit B

806 W Cary St

800 W Cary St

10 S Laurel 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.

1101 Haxall Point

505 W Grace St, Unit A

223 S Cherry St, Unit 1C
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 | $2,079 | $1,395 | $2,800 |
| VCU 3 Bedroom Homes for Rent | $2,583 | $1,350 | $3,950 |
| VCU 4 Bedroom Homes for Rent | $2,785 | $725 | $3,500 |
| VCU 5 Bedroom Homes for Rent | $3,497 | $3,195 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 27 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. Coliseum Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $971. Here are the most affordable VCU apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eagle Mill Lofts | 2bed 2bth | 2BR,2BA | $950 |
| Coliseum Lofts | E1 | Studio,1BA | $971 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
| 209 E Main St | Unit 4,6,8 | 1BR,1BA | $1,100 |
| The Foundry Apartments | One Bedroom | 1BR,1BA | $1,135 |
| The Edison | Studio | Studio,1BA | $1,157 |
| The Mezzo Lofts | Mosaic Gallery - 1 Bedroom 1 Bath | 1BR,1BA | $1,163 |
| Monroe Park Towers Apartments | 0BR/1.0BA | Studio,1BA | $1,164 |
Best Value Apartments for Rent in VCU, VA
As of June 18, 2026 the best value apartment in the VCU area is the $0.20 price per square foot 3 Beds, 2 Baths Model at 1318 W. Broad St. in the in the Near West neighborhood starting from $1,995. The second greatest value VCU apartment is the 2BR/2.0BA Model at Park Plaza @ Belvidere starting at $2,004 with a $1.43 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. |
|---|---|---|---|
| 1318 W. Broad St. | 3 Beds, 2 Baths | 3BR,2BA | $0.20 |
| Park Plaza @ Belvidere | 2BR/2.0BA | 2BR,2BA | $1.43 |
| 16 W Broad St, Unit Apartment 1 | 16 W Broad St | 3BR,2BA | $1.36 |
| Jackson Street Lofts | 3 Bedroom / 3 Bath - 1,975sqft | 3BR,3BA | $1.67 |
| 1103 W Franklin St | 3 Beds, 1.5 Baths | 3BR,1.5BA | $1.36 |
| Marshall Street Apartments | 2 Bedroom / 2 Bath - 914sqft | 2BR,2BA | $1.28 |
| Lombardy Lofts | 2 Beds, 2 Baths | 2BR,2BA | $1.54 |
| 210 E Grace St | 2 Bed/2 Bath | 2BR,2BA | $1.35 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1.41 |
| Eagle Mill Lofts | Studios | Studio ,1BA | $1.62 |
Frequently Asked Questions about VCU
What type of rentals are currently available in VCU?
There are currently 406 Apartments for Rent in VCU, VA with pricing that ranges from $725 to $4,603. There are also 82 Single Family Homes for rent, Condos, and Townhome rentals currently available in VCU ranging from $725 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 $725 to $3,950 with an average monthly rent of $2,306.
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 $810 to $3,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $3,950. Four Bedroom Single-Family rentals are also available starting from $725 and Four Bedroom Apartments start at $725.
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.

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.
Articles, How-To's, and Tips

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.