Cheap Apartments for Rent in Richmond, VA from $400 (427 Rentals)Page 4 of 9
Search the lowest-cost Apartments available for rent right now in Richmond.

7th Street Lofts

Southern Stove Lofts

101 E Clay St

Morningside Apartments

The Hudson

The Village at Horsepen

1619 W Grace St

2000 Riverside Apartments

First National Apartments

Pohlig Box Factory Apartments

602 E Brookland Park Blvd

Summerdale Apartments

The Mill At Manchester Lofts

1877 Lofts

1921 Lakeview Ave

1923 Lakeview Ave

1915 Lakeview Ave

1917 Lakeview Ave

1622 Grove Ave

The Carousel

312 N 2nd St

Cookie Factory Lofts

1 West Cary Apartments

South Falls Tower

Staples Mill Townhomes

MAA Chase Gayton

Chesterfield Village

The Waterford At Rocketts Landing

Shockoe Valley View

Foxchase Brandywine

St. John's Wood

London Towne

815 Porter St

Crestwood at Libbie

Lofts and Upper Lofts at Canal Walk III

1903 E Marshall St

The 1805

Exchange Place

Linden at Parkside

Market Villas

Link Apartments® Manchester

The Edgar at Linden Row
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.