Cheap Apartments for Rent in Richmond, VA from $400(431 Rentals)

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2802 Edgewood Ave
$1,0002 Bedroom, 2 Bath Home for RentAvailable Now

2802 Edgewood Ave

Richmond, VA 23222
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Richmond, VA Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Richmond, VA

Pricing Updated: 12/22/2024

Current apartment rentals in the Richmond, VA area range in price from $435 to $11,774 with an overall median price of $2,526. The three Richmond neighborhoods with the lowest median rent pricing are Jeff Davis at $587, Stratford Hills at $899, and Church Hill North at $856. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Richmond Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Jeff Davis$1,161$5871
Stratford Hills$1,175$8992
Church Hill North$1,550$85635
Forest Hill$1,550$625291
Petersburg Colonial Heights$1,586$74957
John Marshall$1,589$435354
Cofer$1,599$587193
Broad Rock Industrial Park$1,612$71559
British Camp Farms$1,625$82547
Brookhaven Farms$1,625$90740

Cheapest Available Richmond Apartments for Rent

 

The cheapest available apartment rental in Richmond, VA is a 2 Beds unit found at Lambert Landing in the Cypress Woods neighborhood priced from $582. Kingly Ones and Briarwood Court Apartments in the Broad Rock neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Richmond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lambert LandingTwo Bedroom2BR,1BA$582
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$825
Legacy at Imperial VillageStudioStudio,1BA$835
Bloom Apartments IIStudio 415 sq ftStudio,1BA$849
Manchester Grand ApartmentsA2111BR,1BA$855
Belle SummitPike's Peak1BR,1BA$856
Cedarwood Manor1BR/1BA1BR,1BA$878
Falling Creek ApartmentsA1U1BR,1BA$885
Huntwood Apartments1 Beds, 1 Baths1BR,1BA$895
S Beulah RdBeulah Apartments1BR,1BA$895

Best Value Apartments for Rent in Richmond, VA

As of December 22, 2024 the best value apartment in the Richmond area is the $1.18 price per square foot 2 Bedroom Model at Miller and Rhoads Residences in the in the Downtown Richmond neighborhood starting from $1,780. The second greatest value Richmond apartment is the 1522 Floyd Ave Model at 1522 Floyd Ave, Unit 1 starting at $1,800 with a $1.20 price per square foot in the Near West 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.
Miller and Rhoads Residences2 Bedroom2BR,2BA$1.18
1522 Floyd Ave, Unit 11522 Floyd Ave2BR,1BA$1.20
Marshall Park4x4 - Priced Per Bedroom4BR,4BA$0.56
Creekside Manor Apartments3 Beds, 1.5 baths3BR,1.5BA$1.06
4402 Park Ave, Unit 24402 Park Ave1BR,1BA$1.14
Marshall Street Apartments1BR/1.0BA1BR,1BA$1.18
Hatcher Tobacco Flats2X22BR,2BA$1.11
Lambert LandingTwo Bedroom2BR,1BA$0.61
Charming 2 bedroom in Northside Richmond!2BR/1.0BA2BR,1BA$1.18
Townhouses of Chesterfield IIAshford II1BR,1BA$1.17

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Richmond Overview

The state capitol of Virginia, Richmond is a city boasting a long and proud history dating all the way back to the 1700's. From its bluecollar roots to the city's welcoming combination of cultural heritage and big city excitement, Richmond is one municipality well worth exploring and Richmond apartments make the perfect place to call home..

Why live in Richmond, VA?

With a keen sense of history and the local landmarks to back it up, Richmond is a fine place to call home for many reasons. The universities are highly lauded, the economy is showing steady local growth in both the housing market as well as the local industry, and the stately, architectural beauty is an even match for the area's natural splendor.

Richmond, VA
Population: 228,783

Ranked #98

in US Census Population by City

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Pet Friendly Lifestyle
Richmond, VA

Ranked #6

Among cities in Virginia for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Richmond, VA Rentals by Map

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Getting Around Richmond, VA

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

26 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Richmond Apartments

What is the Cheapest Studio apartment in Richmond?

Currently the most affordable Cheap Studio Apartment in Richmond is at Legacy at Imperial Village listed at $835.

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

The lowest price for a Cheap One Bedroom Richmond Apartment is $825 at Kingly Ones and Briarwood Court Apartments.

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 $582 at Lambert Landing.

What is the most affordable Richmond Three Bedroom Apartment?

The best deal on a cheap Richmond Three Bedroom Apartment rental is at Lambert Landing and starts from $667.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.