Cheap Apartments for Rent in Richmond, VA from $400 (427 Rentals)Page 2 of 9
Search the lowest-cost Apartments available for rent right now in Richmond.

927 N 20th St

Saddlewood Apartments & Townhomes

Glenwood Ridge Apartments

Terraces at Manchester

District Square Apartments

Miller Lofts @ Plant Zero

Bellevue

Hopper Lofts

Legacy Apartments

Iron House Apartments

Towers on Franklin

The Grand Richmond at Brook Run

2601 Park Ave

Alexander at 1090

1318 W. Broad St.

1100 Hull Street Apartments

1407 E Cary Street

The Residences of Westover Hills

2322 E Marshall St

James River Pointe

City View Lofts

The Corner Lofts - 1321 E. Main St.

Eagle Mill Lofts

The Penny at Jackson Ward

Richfield Place Apartments

The Crossings at Bramblewood Apartment Homes

The Mezzo Lofts

Acclaim at Carriage Hill

River Lofts at Tobacco Row

Highland Terrace Apartments

Hilliard Road Apartments

1705-1709 E Franklin St

Urbana at Hioaks

Brookmont

The Mirage Manchester

The Current

2500 P St

3221 Hanes Ave

1007 N 25th St

South Pointe Landing

Chesterfield Flats

Atrium on Broad Apartments

The Park at Ridgedale

Belmont Hills Apartments

American Tobacco Center
Richmond, VA Local Guide

How much does it cost to rent an apartment in Richmond?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Richmond Studio Apartments | $1,328 | $715 | $5,525 |
Cheap Richmond 1 Bedroom Apartments | $1,648 | $700 | $6,526 |
Cheap Richmond 2 Bedroom Apartments | $1,974 | $832 | $10,000+ |
Cheap Richmond 3 Bedroom Apartments | $2,440 | $879 | $10,000+ |
Cheap Richmond 4 Bedroom Apartments | $1,174 | $756 | $7,250 |
Browse Top Apartments in Richmond
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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
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 $922.
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 $3,138.
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 15,332 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 $514 which is $2,624 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.

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.

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.