Cheap Apartments for Rent in the Virginia Commonwealth University Neighborhood of Richmond, VA from $500 (49 Rentals)

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

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 1144 W Grace St

$1,195 - $1,695

1 Bedroom Rentals

Available Now

1144 W Grace St

RichmondVA23220

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Goshen Street
Studio to 3 Bedroom Apartments

Goshen Street

302 Goshen StRichmond, VA 23220
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101 Poe St
2 Bedroom Apartments

101 Poe St

101 Poe StRichmond, VA 23222
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2910 Chamberlayne Ave
1 Bedroom Apartments

2910 Chamberlayne Ave

2910 Chamberlayne AveRichmond, VA 23222
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Cornish Brewery Apartments
Studio to 2 Bedroom Apartments

Cornish Brewery Apartments

1201 W Clay StRichmond, VA 23220
Student Housing
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The Rosa
1 Bedroom Apartments

The Rosa

744 N 2nd StRichmond, VA 23219
Senior Living
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Eagle Mill Towers
Studio to 3 Bedroom Apartments

Eagle Mill Towers

1414 W Marshall StRichmond, VA 23220
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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The Stables
1 to 2 Bedroom Apartments

The Stables

410 Hancock StRichmond, VA 23220
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Eagle Mill Apartments
1 to 2 Bedroom Apartments

Eagle Mill Apartments

1400 W Marshall StRichmond, VA 23220
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One West Jackson Apartments
Studio to 1 Bedroom Apartments

One West Jackson Apartments

1-27 W Jackson StRichmond, VA 23220
Student Housing
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Showing Results 1-49, Page 1 of 1

Virginia Commonwealth University, Richmond, VA Local Guide

Cheapest Available Virginia Commonwealth University Apartments for Rent

 

The cheapest available apartment rental in the Virginia Commonwealth University area of Richmond, VA is a 1 Bed unit found at Bloom Apartments II priced from $899. Van de Vyver has the second lowest priced unit, which is a Studio apartment currently listed from $998. Here are the most affordable Virginia Commonwealth University apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Bloom Apartments II1Bed/1Bath: 456 sq ft1BR,1BA$899
Van de VyverThe ReserveStudio,1BA$998
Eagle Mill Lofts1 bed 1bth1BR,1BA$1,000
The Stables1 Bedroom 1 Bathroom1BR,1BA$1,055
Southern Stove Lofts1bed 1bth1BR,1BA$1,200
Park Northside ApartmentsByrd Apartments2BR,1BA$1,249
1510 W Broad St - Residential2BR/2.0BA2BR,2BA$1,295
The Biggs BuildingThe Munford1BR,1BA$1,339
SphereS/1b-2Studio,1BA$1,340

Best Value Apartments for Rent in Virginia Commonwealth University, VA

As of December 16, 2025 the best value apartment in the Virginia Commonwealth University area is the $1.36 price per square foot The Overbrook Model at The Westbrook Townhomes at Brewers Row in the in the Bellevue neighborhood starting from $3,755. The second greatest value Virginia Commonwealth University apartment is the 3BR/3.0BA Model at Jackson Street Lofts starting at $1,850 with a $1.47 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Virginia Commonwealth University apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Westbrook Townhomes at Brewers RowThe Overbrook3BR,2.5BA$1.36
Jackson Street Lofts3BR/3.0BA3BR,3BA$1.47
Spectrum ApartmentsCoral3BR,3BA$1.70
Iron House Apartments3 Bedroom 2 Bath3BR,2BA$1.72
511 W Marshall St, Unit 101511 W Marshall St2BR,1BA$1.57
1322 W Broad St2 Bedroom 2 Bath - 190982BR,2BA$1.55
Todd LoftsStudioStudio ,1BA$1.77
1510 W Broad St - Residential2BR/2.0BA2BR,2BA$1.68
The Stables1 Bedroom 1 Bathroom1BR,1BA$1.70
1130 W Grace St, Unit #11130 W Grace St1BR,1.5BA$1.82

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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The Ultimate Renter's Guide for Finding the Perfect Student Friendly Richmond Neighborhood to Rent

Learn about the best neighborhoods for student renters near Richmond Colleges and Universities by our Local Expert Richard Corrigan

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Virginia Commonwealth University, Richmond, VA

Ranked #92

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Virginia Commonwealth University Apartments

What is a cheap apartment in Virginia Commonwealth University?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Virginia Commonwealth University is under $1,340.

What is the price of a cheap apartment in Virginia Commonwealth University?

The cheapest apartment in Virginia Commonwealth University is Bloom Apartments II which is listed at $899, while the average apartment in Virginia Commonwealth University costs $2,295.

What types of apartments are the cheapest in Virginia Commonwealth University?

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 61 regular apartments in Virginia Commonwealth University 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 Virginia Commonwealth University?

Cheap apartments in Virginia Commonwealth University have an average cost of $784 which is $1,511 cheaper than the average rent for all rentals in Virginia Commonwealth University.

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.

Articles, How-To's, and Tips

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!