
Cheap Apartments for Rent in Richmond, VA from $400 with Washer/Dryer (255 Rentals)
Search the lowest-cost Apartments available for rent right now in Richmond.


Townhouses Of Chesterfield

The Masonry

Eagle Mill Lofts

Kings Point Apartments

Park at Forest Hill
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.

Norcroft Townhomes-55 and older

210 E Grace St

Miller Lofts @ Plant Zero

The Oliver

James River Villas

404 Rivertowne Apartment Homes

The Edison Apartments

Pointe at River City

Quarter Mill

American Tobacco Center

Saddlewood Apartments & Townhomes

Glenwood Ridge Apartments

Three Chopt West Apartments

Terraces at Manchester

Iron House Apartments

Brookdale Apartments

Crystal Lakes Apartments

1318 W. Broad St.

Alexander at 1090

1407 E Cary Street

Forest Ridge Apartments

District Square Apartments

City View Lofts

The Corner Lofts - 1321 E. Main St.

James River Pointe

Richfield Place Apartments

The Mezzo Lofts

T and E Apartments

Acclaim at Carriage Hill

Highland Terrace Apartments

Urbana at Hioaks

Hilliard Road Apartments

The Mill At Manchester Lofts

7th Street Lofts

The Mirage Manchester
Richmond, VA Local Guide

How much does it cost to rent an apartment in Richmond?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Richmond Studio Apartments | $1,337 | $715 | $5,392 |
Richmond 1 Bedroom Apartments | $1,646 | $700 | $7,027 |
Richmond 2 Bedroom Apartments | $1,971 | $832 | $10,000+ |
Richmond 3 Bedroom Apartments | $2,451 | $879 | $10,000+ |
Richmond 4 Bedroom Apartments | $1,225 | $750 | $7,250 |
Explore Richmond

Richmond, VA Local Guide
- Richmond Neighborhoods
- Nearby Cities
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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
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.
Richmond, VA Area Reviews
Robin
February 25, 2025All my life
Frequently Asked Questions about Cheap Richmond Apartments
What is a cheap apartment in Richmond?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Richmond is under $943.
What is the price of a cheap apartment in Richmond?
The cheapest apartment in Richmond is New Manchester Flats which is listed at $702, while the average apartment in Richmond costs $2,944.
What types of apartments are the cheapest in Richmond?
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 15,403 regular apartments in Richmond 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 Richmond?
Cheap apartments in Richmond have an average cost of $467 which is $2,477 cheaper than the average rent for all rentals in Richmond.
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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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.

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.