
Cheap Apartments for Rent in the Old Towne Petersburg Neighborhood of Petersburg, VA from $600 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Towne Petersburg area of Petersburg.


Petersburg ArtistSpace Lofts

Senior 55+ Elora Gardens at Petersburg

Aubrey Apartments

Commerce Street Townhomes

Market Street Lofts

Tanglewood Apartments

215 S Dunlop St

Webster Court Apartments

418 Clinton St
Old Towne Petersburg, Petersburg, VA Local Guide

How much does it cost to rent an apartment in Old Towne Petersburg?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Old Towne Petersburg Studio Apartments | $1,079 | $642 | $2,720 |
Old Towne Petersburg 1 Bedroom Apartments | $1,201 | $820 | $2,046 |
Old Towne Petersburg 2 Bedroom Apartments | $1,430 | $900 | $2,406 |
Old Towne Petersburg 3 Bedroom Apartments | $1,367 | $1,249 | $1,588 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Old Towne Petersburg Neighborhood of Petersburg, VA.
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Old Towne Petersburg, Petersburg, VA Local Guide
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Cheapest Available Old Towne Petersburg Apartments for Rent
 The cheapest available apartment rental in the Old Towne Petersburg area of Petersburg, VA is a 1 Bed unit found at Union Flats priced from $745. Perry Street Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $820. Here are the most affordable Old Towne Petersburg apartments for rent in Petersburg, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Union Flats | One Bedroom One Bathroom | 1BR,1BA | $745 |
Perry Street Lofts | A1 | 1BR,1BA | $820 |
Senior 55+ Elora Gardens at Petersburg | One Bedroom | 1BR,1BA | $840 |
Plaza at Bank Street | 400s - One Bedroom | 1BR,1BA | $895 |
Petersburg ArtistSpace Lofts | 1 Bedroom | 1BR,1BA | $899 |
Best Value Apartments for Rent in Old Towne Petersburg, VA
As of April 03, 2025 the best value apartment in the Old Towne Petersburg area is the $1.32 price per square foot 3b1b Model at Aubrey Apartments in the in the Old Towne Petersburg neighborhood starting from $1,250. The second greatest value Old Towne Petersburg apartment is the 2 Bedroom 1.5 Bathroom TH Model at Crater Square starting at $1,149 with a $1.28 price per square foot in the Old Towne Petersburg neighborhood. Here is today’s list of the best values for Old Towne Petersburg apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Aubrey Apartments | 3b1b | 3BR,1BA | $1.32 |
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 |
The Bosco | 1BR/1.0BA | 1BR,1BA | $1.32 |
Commerce Street Townhomes | 2 BED 1 BATH | 2BR,1BA | $1.09 |
Windham Hills | 2 Bed 1 BATH | 2BR,1BA | $1.40 |
Jabez Downtown | 1 Bed 1 Bath | 1BR,1BA | $1.43 |
Senior 55+ Elora Gardens at Petersburg | One Bedroom | 1BR,1BA | $1.19 |
Union Flats | One Bedroom One Bathroom | 1BR,1BA | $1.38 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleOld Towne Petersburg, Petersburg, VA
Ranked #1
Among neighborhoods in Petersburg, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Old Towne Petersburg Neighborhood in Petersburg, VA
Walk Score®
76 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
46 / 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 Old Towne Petersburg Apartments
What is a cheap apartment in Old Towne Petersburg?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Towne Petersburg is under $995.
What is the price of a cheap apartment in Old Towne Petersburg?
The cheapest apartment in Old Towne Petersburg is Union Flats which is listed at $745, while the average apartment in Old Towne Petersburg costs $1,385.
What types of apartments are the cheapest in Old Towne 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 11 regular apartments in Old Towne 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 Old Towne Petersburg?
Cheap apartments in Old Towne Petersburg have an average cost of $404 which is $981 cheaper than the average rent for all rentals in Old Towne 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.