
Cheap Apartments for Rent in the West Broad Street Neighborhood of Richmond, VA from $600 (155 Rentals)
Search the lowest-cost Apartments available for rent right now in the West Broad Street area of Richmond.


1106 West Franklin St

1017 W Leigh St

1019 W Leigh St

1411 Grove Avenue

Total Monthly Price
Towers on Franklin

The Berkshire

Residences at the John Marshall

421 W Grace St, Unit 203

1123-25-27 West Grace Street
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.

Total Monthly Price
Coliseum Lofts

District Square Apartments

The Mezzo Lofts

Southern Stove Lofts

The Foundry Apartments

Atrium on Broad Apartments

1209 Wallace St

Total Monthly Price
Iron House Apartments

Monroe Park Towers Apartments

Spectrum Apartments
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.

The Concord Northside

The Biggs Building

LIV Lakeview

Park Northside Apartments

T and E Apartments

Revival

Mortons Apartments

Centennial Terrace

517 N Harrison St

Cookie Factory Lofts
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.

1903 Grayland Ave

501 W Grace St, Unit A

22 S Robinson St

Total Monthly Price
Deco at CNB

Courtyard Lofts

Marshall Street Apartments

Cary Belvidere Apartments

Sphere

Total Monthly Price
The Edgar at Linden Row

1005 Grove Ave Apartments
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.

The Penny at Jackson Ward

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The Loop at Midtown

Pierce Arrow

Park Plaza @ Belvidere

Total Monthly Price
The Cooperage

The Collection of Historic Richmond

505 W Grace St, Unit APT B

421 W Grace St, Unit 101

421 W Grace St

8 S Granby St
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.
West Broad Street, Richmond, VA Local Guide

How much does it cost to rent an apartment in West Broad Street?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| West Broad Street Studio Apartments | $1,425 | $1,000 | $2,305 |
| West Broad Street 1 Bedroom Apartments | $1,717 | $825 | $3,169 |
| West Broad Street 2 Bedroom Apartments | $2,081 | $930 | $4,536 |
| West Broad Street 3 Bedroom Apartments | $2,302 | $810 | $3,800 |
| West Broad Street 4 Bedroom Apartments | $1,046 | $729 | $3,680 |
Browse Apartments in this Neighborhood
There are currently 155 rentals with your search options within a 1 mile radius of the West Broad Street Neighborhood of Richmond, VA.
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West Broad Street, Richmond, VA Local Guide
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Cheapest Available West Broad Street Apartments for Rent
 The cheapest available apartment rental in the West Broad Street area of Richmond, VA is a 2 Beds unit found at Eagle Mill Lofts priced from $950. Towers on Franklin has the second lowest priced unit, which is a Studio apartment currently listed from $1,035. Here are the most affordable West Broad Street apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eagle Mill Lofts | 2bed 1bth | 2BR,1BA | $950 |
| Towers on Franklin | Harrison | Studio,1BA | $1,035 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
| Residences at the John Marshall | Studio | Studio,1BA | $1,101 |
| The Mezzo Lofts | Montage Gallery - Studios | Studio,1BA | $1,108 |
| Southern Stove Lofts | 1bed 1bth | 1BR,1BA | $1,125 |
| Landmark at Marshall Broad | The Franklin | Studio,1BA | $1,129 |
| The Foundry Apartments | One Bedroom | 1BR,1BA | $1,135 |
| Atrium on Broad Apartments | 1BR/1.0BA | 1BR,1BA | $1,149 |
| Monroe Park Towers Apartments | 0BR/1.0BA | Studio,1BA | $1,164 |
Best Value Apartments for Rent in West Broad Street, VA
As of May 04, 2026 the best value apartment in the West Broad Street area is the $0.66 price per square foot 2509 Seminary Ave Model at 2509 Seminary Ave, Unit # B in the in the Bellevue neighborhood starting from $1,475. The second greatest value West Broad Street apartment is the Downtown Double Suite Model at The Berkshire starting at $2,680 with a $1.44 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for West Broad Street apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2509 Seminary Ave, Unit # B | 2509 Seminary Ave | 2BR,1BA | $0.66 |
| The Berkshire | Downtown Double Suite | 2BR,2BA | $1.44 |
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.51 |
| T and E Apartments | A4 T&E | 3BR,2BA | $1.40 |
| Park Plaza @ Belvidere | 2BR/2.0BA | 2BR,2BA | $1.30 |
| 2802 Park Ave | 2 Bed 1 Bath | 2BR,1BA | $1.50 |
| 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 | $1.48 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1.34 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleThe 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 ArticleQuick 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.
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Richmond. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, apartment complexes for the kids, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap West Broad Street Apartments
What is a cheap apartment in West Broad Street?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in West Broad Street is under $1,164.
What is the price of a cheap apartment in West Broad Street?
The cheapest apartment in West Broad Street is Eagle Mill Lofts which is listed at $950, while the average apartment in West Broad Street costs $2,225.
What types of apartments are the cheapest in West Broad Street?
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 141 regular apartments in West Broad Street 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 West Broad Street?
Cheap apartments in West Broad Street have an average cost of $562 which is $1,663 cheaper than the average rent for all rentals in West Broad Street.
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

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.

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.