Cheap Apartments for Rent in the Old Towne Petersburg Neighborhood of Petersburg, VA from $600 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Towne Petersburg area of Petersburg.

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Burr Lofts
1 Bedroom Apartments

Burr Lofts

123 Pine StPetersburg, VA 23803
  • Utilities Included
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141 East
1 Bedroom Apartments

141 East

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

Old Towne Flats

230 N Sycamore StPetersburg, VA 23803

Old Towne Petersburg, Petersburg, VA Local Guide

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 ListingModel NameBed/BathPriced From
Union FlatsOne Bedroom One Bathroom1BR,1BA$745
Perry Street LoftsA11BR,1BA$820
Senior 55+ Elora Gardens at PetersburgOne Bedroom1BR,1BA$840
Plaza at Bank Street400s - One Bedroom1BR,1BA$895
Petersburg ArtistSpace Lofts1 Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Aubrey Apartments3b1b3BR,1BA$1.32
Crater Square2 Bedroom 1.5 Bathroom TH2BR,2BA$1.28
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$1.00
Webster Court ApartmentsWebster Court2BR,1BA$1.15
The Bosco1BR/1.0BA1BR,1BA$1.32
Commerce Street Townhomes2 BED 1 BATH2BR,1BA$1.09
Windham Hills2 Bed 1 BATH2BR,1BA$1.40
Jabez Downtown1 Bed 1 Bath1BR,1BA$1.43
Senior 55+ Elora Gardens at PetersburgOne Bedroom1BR,1BA$1.19
Union FlatsOne Bedroom One Bathroom1BR,1BA$1.38

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Pet Friendly Lifestyle
Old Towne Petersburg, Petersburg, VA

Ranked #1

Among neighborhoods in Petersburg, VA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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.

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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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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.

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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.