Cheap Apartments for Rent in the City Center Richmond Neighborhood of Richmond, VA from $700 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the City Center Richmond area of Richmond.

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Richmond Arts
1 Bedroom Apartments

Richmond Arts

115 N 1st StRichmond, VA 23219
  • Utilities Included
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501-503 E Main St
1 Bedroom Apartments

501-503 E Main St

501-503 E Main StRichmond, VA 23219
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The Hill Building
1 to 2 Bedroom Apartments

The Hill Building

114 Virginia StRichmond, VA 23219
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Shockoe Commons
1 to 2 Bedroom Apartments

Shockoe Commons

1209-1211 E Main StRichmond, VA 23223
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Linden Tower
1 to 2 Bedroom Apartments

Linden Tower

116 E Franklin StRichmond, VA 23219
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207 N 3rd St
1 Bedroom Apartments

207 N 3rd St

207 N 3rd StRichmond, VA 23219
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420 Place
1 Bedroom Apartments

420 Place

420 E Grace StRichmond, VA 23219
  • Utilities Included
Showing Results 1-27, Page 1 of 1

City Center Richmond, Richmond, VA Local Guide

Cheapest Available City Center Richmond Apartments for Rent

 

The cheapest available apartment rental in the City Center Richmond area of Richmond, VA is a Studio unit found at Towers on Franklin priced from $949. The Edison Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,019. Here are the most affordable City Center Richmond apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Towers on FranklinRodneyStudio,1BA$949
The Edison ApartmentsSXDStudio,1BA$1,019
District Square ApartmentsStudio-426Studio,1BA$1,134
Landmark at Marshall BroadThe AdamsStudio,1BA$1,136
The Mezzo LoftsMosaic Gallery - 1 Bedroom 1 Bath1BR,1BA$1,169
Residences at the John MarshallStudioStudio,1BA$1,185
1 N 3rd StStudioStudio,1BA$1,200
420 Place420 Place Unit 011BR,1BA$1,209
The Shockoe Collection1 Bed 1 Bath1BR,1BA$1,249
Atrium on Broad Apartments1BR/1.0BA1BR,1BA$1,249

Best Value Apartments for Rent in City Center Richmond, VA

As of April 08, 2025 the best value apartment in the City Center Richmond area is the $1.92 price per square foot 1 Bed 2 Bath Model at Miller and Rhoads Residences in the in the Downtown Richmond neighborhood starting from $1,980. The second greatest value City Center Richmond apartment is the B1 Model at Shockoe Commons starting at $1,725 with a $1.81 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for City Center Richmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Miller and Rhoads Residences1 Bed 2 Bath1BR,2BA$1.92
Shockoe CommonsB12BR,2BA$1.81
Broadway ApartmentsTwo Bed One Bath2BR,1BA$1.58
The Shockoe Collection1 Bed 1 Bath1BR,1BA$1.54
American Heritage ApartmentsB1 - Renovated2BR,2BA$1.98
Hammond Lofts1021BR,1BA$1.96
209 E Main Stunit 212 2A1BR,1BA$1.92
Atrium on Broad Apartments1BR/1.0BA1BR,1BA$1.99
The Mezzo LoftsMosaic Gallery - 1 Bedroom 1 Bath1BR,1BA$1.89
1 N 3rd StStudioStudio ,1BA$2.00

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
City Center Richmond, Richmond, VA

Ranked #98

Among neighborhoods in Richmond, VA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the City Center Richmond Neighborhood in Richmond, VA

Walk Score®

95 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

81 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

63 / 100

Good Transit

Many 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.

Frequently Asked Questions about Cheap City Center Richmond Apartments

What is a cheap apartment in City Center Richmond?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in City Center Richmond is under $1,249.

What is the price of a cheap apartment in City Center Richmond?

The cheapest apartment in City Center Richmond is Towers on Franklin which is listed at $1,050, while the average apartment in City Center Richmond costs $3,500.

What types of apartments are the cheapest in City Center 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 regular apartments in City Center Richmond that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.