Cheap Apartments for Rent in the 23220 ZIP Code of Richmond, VA from $300 (160 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the 23220 ZIP Code area of Richmond.

close
View Me
Towers on Franklin
Rent Specials
$1,135 - $2,139
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$990 - $1,994
Required Monthly Fees
$145

Total Monthly Price
$1,135 - $2,139
Studio to 2 Bedroom Apartments Available Now

Towers on Franklin

104 W Franklin StRichmond, VA 23220
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Spectrum Apartments
Rent Specials
$1,175 - $3,290
Total Monthly Price

Total Monthly Price

Base Rent
$1,175 - $3,290

Total Monthly Price
$1,175 - $3,290
Studio to 3 Bedroom Apartments Available Now

Spectrum Apartments

2017 Brook RdRichmond, VA 23220
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Franklin Street Apartments
Rent Specials
$1,195 - $1,495
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $1,495

Total Monthly Price
$1,195 - $1,495
Studio to 1 Bedroom Apartments Available Now

Franklin Street Apartments

311 W Franklin StRichmond, VA 23220
Student Housing
  • Verified
  • Utilities Included
  • Smoke Free
property at 1912 Parkwood Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Aug 10

1912 Parkwood Ave

RichmondVA23220
close
View Me
Iron House Apartments
Rent Specials
$1,228 - $1,925
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,123 - $1,820
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Aug 7

Iron House Apartments

1309 W Broad StRichmond, VA 23220
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 12 W Clay St

$1,295 - $2,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

1 To 2 Bedroom Rentals

Available Now

12 W Clay 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.

close
View Me
The Loop at Midtown
$1,319 - $2,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,219 - $2,500
Required Monthly Fees
$100

Total Monthly Price
$1,319 - $2,600
1 to 3 Bedroom Apartments Available Now

The Loop at Midtown

2 W Franklin StRichmond, VA 23220
  • Verified
  • Customer Reviewed
close
View Me
Sphere
Rent Specials
$1,340 - $3,377
Total Monthly Price

Total Monthly Price

Base Rent
$1,340 - $3,377

Total Monthly Price
$1,340 - $3,377
Studio to 2 Bedroom Apartments Available Now

Sphere

2005 Brook RdRichmond, VA 23220
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 1919 Lakeview Ave

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Home for Rent

Available Now

1919 Lakeview Ave

RichmondVA23220
property at 308 W Broad St

$1,350 - $1,575

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 To 2 Bedroom Rentals

Available Now

308 W Broad St

RichmondVA23220
close
View Me
Todd Lofts
$1,370 - $2,841
Total Monthly Price

Total Monthly Price

Base Rent
$1,370 - $2,841

Total Monthly Price
$1,370 - $2,841
Studio to 3 Bedroom Apartments Available Jul 16

Todd Lofts

1128 Hermitage RdRichmond, VA 23220
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

property at 117 S Stafford Ave

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom, 1 Bath Home for Rent

Available Now

117 S Stafford Ave

RichmondVA23220
close
View Me
805W Lofts
$1,395 - $2,195
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $2,195

Total Monthly Price
$1,395 - $2,195
1 to 2 Bedroom Apartments Available Now

805W Lofts

805 W Cary StRichmond, VA 23220
Transit Friendly
  • Verified
property at 2602 Grove

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom, 1 Bath Home for Rent

Available Now

2602 Grove

RichmondVA23220
close
View Me
The Carousel
$1,442 - $2,740
Total Monthly Price

Total Monthly Price

Base Rent
$1,442 - $2,740

Total Monthly Price
$1,442 - $2,740
Studio to 2 Bedroom Apartments Available Now

The Carousel

2400 Grayland AveRichmond, VA 23220
Family Friendly
  • Verified
  • Customer Reviewed
  • Low Income
property at 1005 W Franklin St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

1005 W Franklin St

RichmondVA23220
property at 511 Ryland St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

2 Bedroom, 1 Bath Home for Rent

Available Aug 11

511 Ryland St

RichmondVA23220

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.

property at 10 S Randolph St

$1,460

Total Monthly Price

Total Monthly Price

Base Rent
$1,460

Total Monthly Price
$1,460

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

10 S Randolph St

RichmondVA23220
property at 1837 Grayland Ave

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Home for Rent

Available Now

1837 Grayland Ave

RichmondVA23220
property at 6 S Granby St

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Home for Rent

Available Now

6 S Granby St

RichmondVA23220
property at 1705 Colorado Ave

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Home for Rent

Available Now

1705 Colorado Ave

RichmondVA23220
close
View Me
T and E Apartments
Rent Specials
$1,495 - $1,895
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,495 - $1,895

Total Monthly Price
$1,495 - $1,895
2 to 3 Bedroom Apartments Available Jul 30

T and E Apartments

1011 W Marshall StRichmond, VA 23220
Transit Friendly
  • Verified
  • 3D Tour
  • Smoke Free
property at 1703 Colorado Ave

$1,495 - $1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom Rentals

Available Now

1703 Colorado Ave

RichmondVA23220
property at 1707 Colorado Ave

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom Rentals

Available Now

1707 Colorado Ave

RichmondVA23220
close
View Me
Coliseum Lofts
$1,499 - $2,869
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,499 - $2,869

Total Monthly Price
$1,499 - $2,869
2 to 3 Bedroom Apartments Available Now

Coliseum Lofts

1335-1387 W Broad StRichmond, VA 23220
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Frequently Asked Questions about Cheap the 23220 ZIP Code Apartments

What is the Cheapest Studio apartment in 23220?

Currently the most affordable Cheap Studio Apartment in 23220 is at Hidden Valley Club listed at $1,148.

How much is rent for a Cheap One Bedroom 23220 Apartment?

The lowest price for a Cheap One Bedroom 23220 Apartment is $1,129 at Ann Arbor Woods.

What is the lowest price for a Cheap Two Bedroom 23220 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 23220 is starting from $1,271 at Arbor Village Apartments.

What is the most affordable 23220 Three Bedroom Apartment?

The best deal on a cheap 23220 Three Bedroom Apartment rental is at State Street Village and starts from $2,049.

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

decorative image for A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

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.

decorative image for Explore The River City Like a Local: The Insiders Guide to Renting in Richmond, VA article

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.

decorative image for Your Richmond Neighborhood Guide: Living Near the City's Top Employers article

Your Richmond Neighborhood Guide: Living Near the City's Top Employers

Written by: Richard Corrigan

Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.