Cheap Apartments for Rent in Richmond, RI from $1,100 (18 Rentals)

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Richmond, RI Local Guide

Cheapest Available Richmond Apartments for Rent and Nearby

 

The cheapest available apartment rental in Richmond, RI is a 2 Beds unit found at Fox Run Apartments in the Northeast New London Norwich neighborhood priced from $1,240. Moosup Gardens Townhomes in the Central Village neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,300. Here is today’s list of the most affordable Richmond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fox Run Apartments2 BEDROOMS2BR,1BA$1,240
Moosup Gardens TownhomesLily2BR,1BA$1,300
Tanglewood Village1 BR/1BA1BR,1BA$1,423
Oak Tree Village2 Bedroom2BR,1BA$1,575
Bayside Village1 Bed, 1 bath1BR,1BA$1,606

Best Value Apartments for Rent in Richmond, RI and Nearby

As of April 25, 2025 the best value apartment in the Richmond area is the $2.25 price per square foot 3 Bed Townhouse Utilities Included Model at Fort Adams at NAVSTA Newport Family Homes in the starting from $2,999. The second greatest value Richmond apartment is the Lily Model at Moosup Gardens Townhomes starting at $1,300 with a $1.22 price per square foot in the Central Village neighborhood. Here is today’s list of the best values for Richmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fort Adams at NAVSTA Newport Family Homes3 Bed Townhouse Utilities Included3BR,2.5BA$2.25
Moosup Gardens TownhomesLily2BR,1BA$1.22
Pleasant View Estates2 bed, 2 bath 2BR,2BA$2.20
Arctic Mill LoftsOne-Bedroom1BR,1BA$1.73
Oak Tree Village2 Bedroom2BR,1BA$1.71
Cowesett HillsThe Tarragon2BR,1BA$2.36
Fox Run Apartments2 BEDROOMS2BR,1BA$1.46
Villa Del RioGranada1BR,1BA$2.46
Bayside Village1 Bed, 1 bath1BR,1BA$2.14
Tanglewood Village1 BR/1BA1BR,1BA$2.09

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Getting Around Richmond, RI

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

28 / 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 Richmond Apartments

How much is rent for a Cheap One Bedroom Richmond Apartment?

The lowest price for a Cheap One Bedroom Richmond Apartment is $1,423 at Tanglewood Village.

What is the lowest price for a Cheap Two Bedroom Richmond Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Richmond is starting from $1,240 at Fox Run Apartments.

What is the most affordable Richmond Three Bedroom Apartment?

The best deal on a cheap Richmond Three Bedroom Apartment rental is at Moosup Gardens Townhomes and starts from $1,450.

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.