
Cheap Apartments for Rent in Petersburg, VA from $600 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Petersburg.


Petersburg ArtistSpace Lofts

Summit Pointe Apartments

Senior 55+ Elora Gardens at Petersburg

Woodmere Apartments

Jesse Lee Apartments

Commerce Street Townhomes

Aubrey Apartments

Market Street Lofts

Tanglewood Apartments

215 S Dunlop St

1063-1065 6th St

Addison Crater Woods

Webster Court Apartments

Puddledock Place II

New Castle Apartments
Petersburg, VA Local Guide

How much does it cost to rent an apartment in Petersburg?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Petersburg Studio Apartments | $1,180 | $642 | $2,720 |
Cheap Petersburg 1 Bedroom Apartments | $1,192 | $799 | $2,046 |
Cheap Petersburg 2 Bedroom Apartments | $1,337 | $799 | $2,406 |
Cheap Petersburg 3 Bedroom Apartments | $1,544 | $1,020 | $1,933 |
Browse Top Apartments in Petersburg
See all Apartments in PetersburgExplore Petersburg
Petersburg, VA Local Guide

- Petersburg Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Petersburg, VA
Pricing Updated: 04/03/2025Current apartment rentals in the Petersburg, VA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Petersburg Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Old Towne Petersburg | $1,378 | $642 | 70 |
Cheapest Available Petersburg Apartments for Rent
 The cheapest available apartment rental in Petersburg, VA is a 1 Bed unit found at Union Flats in the Petersburg Chesterfield neighborhood priced from $745. Summit Pointe Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $799. Here is today’s list of the most affordable Petersburg apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Union Flats | One Bedroom One Bathroom | 1BR,1BA | $745 |
Summit Pointe Apartments | 2x1-Small - 2 Bedroom 1 Bath | 2BR,1BA | $799 |
Perry Street Lofts | A1 | 1BR,1BA | $820 |
Senior 55+ Elora Gardens at Petersburg | One Bedroom | 1BR,1BA | $840 |
Puddledock Place II | 1 Bed, 1 bath | 1BR,1BA | $880 |
Plaza at Bank Street | 400s - One Bedroom | 1BR,1BA | $895 |
Jesse Lee Apartments | 2BR | 2BR,2BA | $899 |
Petersburg ArtistSpace Lofts | 1 Bedroom | 1BR,1BA | $899 |
Market Street Lofts | S2 | Studio,1BA | $969 |
Tanglewood Apartments | Shirley Classic | 1BR,1BA | $975 |
Best Value Apartments for Rent in Petersburg, VA
As of April 03, 2025 the best value apartment in the Petersburg area is the $1.30 price per square foot B2 Model at Pinetree in the starting from $1,399. The second greatest value Petersburg apartment is the 2 BR/ 1 Bath Model at Branders Bridge Apartments starting at $1,055 with a $1.02 price per square foot in the Petersburg Chesterfield neighborhood. Here is today’s list of the best values for Petersburg apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Pinetree | B2 | 2BR,2BA | $1.30 |
Branders Bridge Apartments | 2 BR/ 1 Bath | 2BR,1BA | $1.02 |
Aubrey Apartments | 2b1b | 2BR,1BA | $1.19 |
Crater Square | 2 Bedroom 1.5 Bathroom TH | 2BR,2BA | $1.28 |
Petersburg ArtistSpace Lofts | 1 Bedroom | 1BR,1BA | $1.00 |
Webster Court Apartments | Webster Court | 2BR,1BA | $1.15 |
Jesse Lee Apartments | 2BR | 2BR,2BA | $1.08 |
1121 Stainback St | 2 Beds, 1 Baths | 2BR,1BA | $1.24 |
Puddledock Place II | 1 Bed, 1 bath | 1BR,1BA | $1.17 |
Senior 55+ Elora Gardens at Petersburg | One Bedroom | 1BR,1BA | $1.19 |
Quick 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.
Petersburg Overview
Located in Eastern Virginia at the fall line of the Appomattox River is Petersburg, VA. This town offers both beauty and modern conveniences as well as a rich history. A walk-through area neighborhoods will delight any history buff, while the modern offerings and innovative transportation options also make it a great place to live in today’s time. Therefore, choosing Petersburg apartments is a great way to experience a truly unique city, with both modern and historic offerings.
Why live in Petersburg, VA?
The city of Petersburg, VA offers a variety of activities while providing an affordable rental market for families or singles. The city is rich in historic sites but also provides outdoor enthusiasts with many options as well thanks to its outdoor parks. In addition, the city overall is in close proximity to larger cities as well as coastal destinations that make Petersburg a unique mixture of a small town and suburban feel while offering annual festivals and transportation options.
Pet Friendly LifestylePetersburg, VA
Ranked #217
Among cities in Virginia for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Petersburg, VA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Petersburg, VA Rentals by Map
See the most popular apartments and homes in Petersburg, VA
Getting Around Petersburg, VA
Walk Score®
46 / 100
Car-Dependent
Most errands require a car
Bike Score®
38 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Petersburg Apartments
What is a cheap apartment in Petersburg?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Petersburg is under $975.
What is the price of a cheap apartment in Petersburg?
The cheapest apartment in Petersburg is Union Flats which is listed at $745, while the average apartment in Petersburg costs $1,378.
What types of apartments are the cheapest in Petersburg?
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 10 regular apartments in Petersburg 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 Petersburg?
Cheap apartments in Petersburg have an average cost of $380 which is $998 cheaper than the average rent for all rentals in Petersburg.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.