Cheap Apartments for Rent in the West Broad Street Neighborhood of Richmond, VA from $500 (66 Rentals)

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Search the lowest-cost Apartments available for rent right now in the West Broad Street area of Richmond.

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Richmond’s Best Affordable Neighborhoods

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Richmond Arts
1 Bedroom Apartments

Richmond Arts

115 N 1st StRichmond, VA 23219
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Virginia Apartments
1 to 2 Bedroom Apartments

Virginia Apartments

2602-2608 Kensington AveRichmond, VA 23220
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Jernigin Hall
Studio to 1 Bedroom Apartments

Jernigin Hall

314 W Grace StRichmond, VA 23220
  • Utilities Included

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West Broad Street, Richmond, VA Local Guide

Cheapest Available West Broad Street Apartments for Rent

 

The cheapest available apartment rental in the West Broad Street area of Richmond, VA is a Studio unit found at Towers on Franklin priced from $900. Eagle Mill Lofts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here are the most affordable West Broad Street apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Towers on FranklinGoldStudio,1BA$900
Eagle Mill Lofts2bed 1bth2BR,1BA$950
The Foundry ApartmentsOne Bedroom1BR,1BA$1,013
Coliseum LoftsE2.2Studio,1BA$1,049
The Stables1 Bedroom 1 Bathroom1BR,1BA$1,055
210 E Grace St1bed/1bath1BR,1BA$1,100
T and E Apartments0 Bed 1 BathStudio,1BA$1,130
Parc View at CommonwealthD5 - Penthouse4BR,4BA$1,145
Revival Apartments1 Bedroom 1 Bath1BR,1BA$1,149
Landmark at Marshall BroadThe AdamsStudio,1BA$1,164

Best Value Apartments for Rent in West Broad Street, VA

As of July 24, 2025 the best value apartment in the West Broad Street area is the $1.58 price per square foot The Overbrook Model at The Westbrook Townhomes at Brewers Row in the in the Bellevue neighborhood starting from $4,347. The second greatest value West Broad Street apartment is the 1714 W Cary St Model at 1714 W Cary St, Unit 4 starting at $2,700 with a $1.63 price per square foot in the Near West neighborhood. Here is today’s list of the best values for West Broad Street apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Westbrook Townhomes at Brewers RowThe Overbrook3BR,2.5BA$1.58
1714 W Cary St, Unit 41714 W Cary St2BR,2.5BA$1.63
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.51
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.45
1300 Grove Ave, Unit 31300 Grove Ave2BR,1BA$1.17
Iron House Apartments3 Bedroom 2 Bath3BR,2BA$1.32
Miller and Rhoads Residences1 Bedroom1BR,1BA$1.66
Broadway ApartmentsTwo Bed One Bath2BR,1BA$1.64
1510 W Broad St - Residential2BR/2.0BA2BR,2BA$1.54
The Foundry ApartmentsOne Bedroom1BR,1BA$1.61

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Pet Friendly Lifestyle
West Broad Street, Richmond, VA

Ranked #34

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 The Foundry Apartments which is listed at $1,013, while the average apartment in West Broad Street costs $2,012.

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 77 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 $542 which is $1,470 cheaper than the average rent for all rentals in West Broad Street.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.