Cheap Homes for Rent in Virginia Commonwealth University Neighborhood of Richmond, VA from $700 (10 Rentals)

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

property at 603 Chamberlayne Pky

$750

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Townhome for Rent

Available Now

603 Chamberlayne Pky

RichmondVA23220
property at 908 W Broad St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Jun 1

908 W Broad St

RichmondVA23220
property at 200 Wellford St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

3 Bedroom, 1 Bath Condo for Rent

Available Now

200 Wellford St

RichmondVA23222

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 200 Minor St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

3 Bedroom, 1 Bath Condo for Rent

Available Now

200 Minor St

RichmondVA23222
property at 301 Goshen St

$1,295 - $1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom Rentals

Available Jun 1

301 Goshen St

RichmondVA23220

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.

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 $849. Eagle Mill Lofts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here are the most affordable Virginia Commonwealth University apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Bloom Apartments II1Bed/1Bath: 463 sq ft1BR,1BA$849
Eagle Mill Lofts2bed 2bth2BR,2BA$950
Van de VyverThe ReserveStudio,1BA$998

Best Value Apartments for Rent in Virginia Commonwealth University, VA

As of May 30, 2026 the best value apartment in the Virginia Commonwealth University area is the $0.62 price per square foot 2509 Seminary Ave Model at 2509 Seminary Ave, Unit # B in the in the Bellevue neighborhood starting from $1,395. The second greatest value Virginia Commonwealth University apartment is the 3 Bedroom / 3 Bath - 1,975sqft Model at Jackson Street Lofts starting at $2,155 with a $1.67 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.
2509 Seminary Ave, Unit # B2509 Seminary Ave2BR,1BA$0.62
Jackson Street Lofts3 Bedroom / 3 Bath - 1,975sqft3BR,3BA$1.67
1301 W Leigh St1301 W Leigh St3BR,1BA$1.67
The Biggs BuildingThe Kinney2BR,1BA$1.91
T and E Apartments2 Bed/1 Bath2BR,1BA$1.96
The Foundry ApartmentsOne Bedroom1BR,1BA$1.80
Park Northside Apartments1B/1BA Garden Reno1BR,1BA$2.03
The Stables1 Bedroom 1 Bathroom1BR,1BA$1.70
Eagle Mill LoftsStudiosStudio ,1BA$1.62
Bloom Apartments II1Bed/1Bath: 456 sq ft1BR,1BA$1.97

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 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

Read Article
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 #93

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 Virginia Commonwealth University

What type of rentals are currently available in Virginia Commonwealth University?

There are currently 213 Apartments for Rent in Virginia Commonwealth University, VA with pricing that ranges from $729 to $4,190. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Virginia Commonwealth University ranging from $750 to $4,200.

What is the current price range for Rental Homes in Virginia Commonwealth University?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Virginia Commonwealth University ranges from $750 to $4,200 with an average monthly rent of $2,427.

How much are larger Three and Four Bedroom Rentals in Virginia Commonwealth University?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Virginia Commonwealth University range from $810 to $3,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,950. Four Bedroom Single-Family rentals are also available starting from $2,600 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.

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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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.