Cheap Apartments for Rent in Petersburg, VA from $600 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in Petersburg.

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Cavalier Senior Apartments
1 to 2 Bedroom Apartments

Cavalier Senior Apartments

200 Cavalier DrPetersburg, VA 23805
Senior Living
  • Utilities Included
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Cavalier Apartments II
1 to 2 Bedroom Apartments

Cavalier Apartments II

100 Cavalier DrPetersburg, VA 23805
Senior Living
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Quail Oaks Apartments
2 Bedroom Apartments

Quail Oaks Apartments

2711 S Crater RdPetersburg, VA 23805
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Stainback
2 Bedroom Apartments

Stainback

416 S West StPetersburg, VA 23803
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Burr Lofts
1 Bedroom Apartments

Burr Lofts

123 Pine StPetersburg, VA 23803
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141 East
1 Bedroom Apartments

141 East

141 E Wythe StPetersburg, VA 23803
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Old Towne Flats
Studio to 1 Bedroom Apartments

Old Towne Flats

230 N Sycamore StPetersburg, VA 23803
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1121 Stainback St
2 Bedroom Apartments

1121 Stainback St

1121 Stainback StPetersburg, VA 23803
Showing Results 1-33, Page 1 of 1

Petersburg, VA Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Petersburg, VA

Pricing Updated: 04/23/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Old Towne Petersburg$1,455$64287

Cheapest Available Petersburg Apartments for Rent

 

The cheapest available apartment rental in Petersburg, VA is a 1 Bed unit found at Perry Street Lofts in the Petersburg Colonial Heights neighborhood priced from $743. 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 ListingModel NameBed/BathPriced From
Perry Street LoftsA11BR,1BA$743
Summit Pointe Apartments2x1-Small - 2 Bedroom 1 Bath2BR,1BA$799
Studio 622StudioStudio,1BA$799
Puddledock Place II1 Bed, 1 bath1BR,1BA$880
Plaza at Bank Street400s - One Bedroom1BR,1BA$895
Jesse Lee Apartments2BR2BR,2BA$899
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$899
High Street LoftsStudio - AmplifyStudio,1BA$899
Tanglewood ApartmentsShirley Classic1BR,1BA$975
Woodmere ApartmentsThe Dogwood2BR,1BA$986

Best Value Apartments for Rent in Petersburg, VA

As of April 23, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
PinetreeB22BR,2BA$1.30
Branders Bridge Apartments2 BR/ 1 Bath2BR,1BA$1.02
Walnut HillB12BR,2BA$1.32
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$1.00
Webster Court ApartmentsWebster Court2BR,1BA$1.15
Jesse Lee Apartments2BR2BR,2BA$1.08
The Bosco1BR/1.0BA1BR,1BA$1.32
1121 Stainback St2 Beds, 1 Baths2BR,1BA$1.24
Puddledock Place II1 Bed, 1 bath1BR,1BA$1.17
Perry Street LoftsA11BR,1BA$1.34

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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 Lifestyle
Petersburg, VA

Ranked #298

Among cities in Virginia for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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See the most popular apartments and homes in Petersburg, VA

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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 $986.

What is the price of a cheap apartment in Petersburg?

The cheapest apartment in Petersburg is Perry Street Lofts which is listed at $743, while the average apartment in Petersburg costs $1,455.

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 8 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 $417 which is $1,038 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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.

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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.