Cheap Apartments for Rent in the City Center Neighborhood of Richmond, VA from $500 (65 Rentals)

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

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Goshen Street
Studio to 3 Bedroom Apartments

Goshen Street

302 Goshen StRichmond, VA 23220
  • Utilities Included
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Richmond Arts
1 Bedroom Apartments

Richmond Arts

115 N 1st StRichmond, VA 23219
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Shockoe Center
1 to 2 Bedroom Apartments

Shockoe Center

1900 E Franklin StRichmond, VA 23223
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Jernigin Hall
Studio to 1 Bedroom Apartments

Jernigin Hall

314 W Grace StRichmond, VA 23220
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Market Slip
1 to 2 Bedroom Apartments

Market Slip

2 S 17th StRichmond, VA 23219
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The Rosa
1 Bedroom Apartments

The Rosa

744 N 2nd StRichmond, VA 23219
Senior Living
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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 Dill Building
1 to 2 Bedroom Apartments

The Dill Building

2020 E Franklin StRichmond, VA 23223
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The Hill Building
1 to 2 Bedroom Apartments

The Hill Building

114 Virginia StRichmond, VA 23219
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Linden Tower
1 to 2 Bedroom Apartments

Linden Tower

116 E Franklin 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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1820 E Broad St
1 to 3 Bedroom Apartments

1820 E Broad St

1820 E Broad StRichmond, VA 23223
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1 West Cary
1 Bedroom Apartments

1 West Cary

106 S Foushee StRichmond, VA 23220
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Bobber at The Masonry
1 to 2 Bedroom Apartments

Bobber at The Masonry

2001 E Franklin StRichmond, VA 23223
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Showing Results 1-50, Page 1 of 2

City Center, Richmond, VA Local Guide

Cheapest Available City Center Apartments for Rent

 

The cheapest available apartment rental in the City Center area of Richmond, VA is a 1 Bed unit found at Attain Shockoe priced from $800. Towers on Franklin has the second lowest priced unit, which is a Studio apartment currently listed from $949. Here are the most affordable City Center apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Attain Shockoe1 Bed / 1.0 Bath1BR,1BA$800
Towers on FranklinRodneyStudio,1BA$949
The OliverThe Virginia1BR,1BA$999
District Square ApartmentsStudio-409Studio,1BA$1,007
The MasonryOld Stone Row 1x1, Income Restricted1BR,1BA$1,020
The Edison ApartmentsSXDStudio,1BA$1,026
Cedar BroadA2b1BR,1BA$1,045
The BerkshireLinden1BR,1BA$1,080
1407 E Cary Street1 Beds, 1 Baths1BR,1BA$1,099
American Tobacco CenterA201BR,1BA$1,106

Best Value Apartments for Rent in City Center, VA

As of March 22, 2025 the best value apartment in the City Center area is the $1.25 price per square foot Three Bedroom, Three Bathroom Model at Cutters Ridge in the in the East neighborhood starting from $2,500. The second greatest value City Center apartment is the 4x2 - Priced Per Bedroom Model at Marshall Park starting at $756 with a $0.51 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for City Center apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cutters RidgeThree Bedroom, Three Bathroom3BR,3BA$1.25
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.51
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.27
Lofts and Upper Lofts at Canal WalkCanal 236 1 Bed1BR,1BA$0.94
Trolley Lofts2BR/2.0BA2BR,2BA$1.44
Broadway ApartmentsTwo Bed One Bath2BR,1BA$1.54
The Watkins at ShockoeShiplock1BR,1BA$1.52
The Shockoe Collection1 Bed 1 Bath1BR,1BA$1.54
Jefferson Townhouses2x12BR,1BA$1.50
1407 E Cary Street1 Beds, 1 Baths1BR,1BA$1.47

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Pet Friendly Lifestyle
City Center, Richmond, VA

Ranked #29

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap City Center Apartments

What is a cheap apartment in City Center?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in City Center is under $1,106.

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

The cheapest apartment in City Center is Attain Shockoe which is listed at $800, while the average apartment in City Center costs $3,500.

What types of apartments are the cheapest in City Center?

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 8,253 regular apartments in City Center 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 City Center?

Cheap apartments in City Center have an average cost of $531 which is $2,969 cheaper than the average rent for all rentals in City Center.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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