Cheap Apartments for Rent in the West Broad Street Neighborhood of Richmond, VA from $600 (96 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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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 $850. Eagle Mill Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable West Broad Street apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Towers on FranklinHarrisonStudio,1BA$850
Eagle Mill Lofts1 bed 1bth1BR,1BA$1,000
Atrium on Broad Apartments1BR/1.0BA1BR,1BA$1,025
Southern Stove LoftsstudioStudio,1BA$1,050
The Stables1 Bedroom 1 Bathroom1BR,1BA$1,055
Coliseum LoftsE1Studio,1BA$1,092
The Collection of Historic RichmondA3, A4 & A51BR,1BA$1,099
210 E Grace St1bed/1bath1BR,1BA$1,100
District Square Apartments1Bd15Ba6741BR,1BA$1,112

Best Value Apartments for Rent in West Broad Street, VA

As of February 03, 2026 the best value apartment in the West Broad Street area is the $1.41 price per square foot 3BR/3.0BA Model at Park Plaza @ Belvidere in the in the Downtown Richmond neighborhood starting from $2,905. The second greatest value West Broad Street apartment is the Two Bed Two Bath Model at Broadway Apartments starting at $1,446 with a $1.06 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Park Plaza @ Belvidere3BR/3.0BA3BR,3BA$1.41
Broadway ApartmentsTwo Bed Two Bath2BR,2BA$1.06
2106 Parkwood Ave, Unit 12106 Parkwood Ave2BR,2BA$1.33
The BerkshireClay1BR,1BA$1.33
Ascend RVA Student Living3X33BR,3BA$1.03
209 E Main StUnit 208A2BR,1BA$1.36
1322 W Broad St2 Bedroom 2 Bath - 190982BR,2BA$1.55
2 E Broad St1BR/1.0BA1BR,1BA$1.60
Atrium on Broad Apartments1BR/1.0BA1BR,1BA$1.44
210 E Grace St1bed/1bath1BR,1BA$1.58

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

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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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 $1,112.

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 $1,000, while the average apartment in West Broad Street costs $2,077.

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 $607 which is $1,470 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

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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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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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Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.