Cheap Apartments for Rent in the Old Towne Petersburg Neighborhood of Petersburg, VA from $700 (32 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
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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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High Street Lofts
Studio to 2 Bedroom Apartments

High Street Lofts

526 High StPetersburg, VA 23803
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Butterworth Flats
1 Bedroom Apartments

Butterworth Flats

132 N Sycamore StPetersburg, VA 23803
Showing Results 1-32, Page 1 of 1

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 Perry Street Lofts priced from $743. Studio 622 has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Old Towne Petersburg apartments for rent in Petersburg, VA:

Apartment ListingModel NameBed/BathPriced From
Perry Street LoftsA11BR,1BA$743
Studio 622StudioStudio,1BA$799
Plaza at Bank Street400s - One Bedroom1BR,1BA$895
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$899
High Street LoftsStudio - AmplifyStudio,1BA$899
Tanglewood ApartmentsShirley Classic1BR,1BA$975
Old Towne Flats500s - One Bedroom1BR,1BA$995
The Lofts at Union Pen600s - One Bedroom1BR,1BA$995
301 NORTH - Petersburg Loft Living600s - One Bedroom1BR,1BA$995
Webster Court ApartmentsWebster Court2BR,1BA$1,000

Best Value Apartments for Rent in Old Towne Petersburg, VA

As of April 23, 2025 the best value apartment in the Old Towne Petersburg area is the $1.39 price per square foot 3b1b Model at Aubrey Apartments in the in the Old Towne Petersburg neighborhood starting from $1,325. The second greatest value Old Towne Petersburg apartment is the 1 Bedroom Model at Petersburg ArtistSpace Lofts starting at $899 with a $1.00 price per square foot in the Petersburg Colonial Heights 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$1.39
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$1.00
Webster Court ApartmentsWebster Court2BR,1BA$1.15
The Bosco1BR/1.0BA1BR,1BA$1.32
Jabez Downtown1 Bed 1 Bath1BR,1BA$1.43
Windham Hills2 Bed 1 BATH2BR,1BA$1.40
Tanglewood ApartmentsShirley Renovated1BR,1BA$1.46
The Lofts at South Street700s - One Bedroom1BR,1BA$1.60
The Lofts at Dunlop600s - One Bedroom1BR,1BA$1.57
Perry Street LoftsA11BR,1BA$1.34

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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

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 $1,000.

What is the price of a cheap apartment in Old Towne Petersburg?

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

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 8 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 $416 which is $1,039 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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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.