
Cheap Apartments for Rent in the City Center Neighborhood of Richmond, VA from $500 (65 Rentals)
Search the lowest-cost Apartments available for rent right now in the City Center area of Richmond.


Towers on Franklin

The Masonry

Jefferson Townhouses

1017 W Leigh St

1015 W Leigh St

Coliseum Lofts

210 E Grace St

The Oliver

The Edison Apartments

District Square Apartments

Iron House Apartments

Terraces at Manchester

Smokehouse Lofts

1318 W. Broad St.

American Tobacco Center

Shockoe Commons

The Mezzo Lofts

City View Lofts

Market Villas

Atrium on Broad Apartments

River Lofts at Tobacco Row

The Biggs Building

Residences at the John Marshall
City Center, Richmond, VA Local Guide

How much does it cost to rent an apartment in City Center?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
City Center Studio Apartments | $1,210 | $850 | $3,043 |
City Center 1 Bedroom Apartments | $1,539 | $800 | $4,700 |
City Center 2 Bedroom Apartments | $1,874 | $1,125 | $5,935 |
City Center 3 Bedroom Apartments | $1,979 | $1,179 | $3,694 |
City Center 4 Bedroom Apartments | $1,121 | $756 | $3,250 |
Browse Apartments in this Neighborhood
There are currently 65 rentals with your search options within a 2 mile radius of the City Center Neighborhood of Richmond, VA.
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City Center, Richmond, VA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Attain Shockoe | 1 Bed / 1.0 Bath | 1BR,1BA | $800 |
Towers on Franklin | Rodney | Studio,1BA | $949 |
The Oliver | The Virginia | 1BR,1BA | $999 |
District Square Apartments | Studio-409 | Studio,1BA | $1,007 |
The Masonry | Old Stone Row 1x1, Income Restricted | 1BR,1BA | $1,020 |
The Edison Apartments | SXD | Studio,1BA | $1,026 |
Cedar Broad | A2b | 1BR,1BA | $1,045 |
The Berkshire | Linden | 1BR,1BA | $1,080 |
1407 E Cary Street | 1 Beds, 1 Baths | 1BR,1BA | $1,099 |
American Tobacco Center | A20 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Cutters Ridge | Three Bedroom, Three Bathroom | 3BR,3BA | $1.25 |
Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.51 |
Park Plaza @ Belvidere | 2BR/2.0BA | 2BR,2BA | $1.27 |
Lofts and Upper Lofts at Canal Walk | Canal 236 1 Bed | 1BR,1BA | $0.94 |
Trolley Lofts | 2BR/2.0BA | 2BR,2BA | $1.44 |
Broadway Apartments | Two Bed One Bath | 2BR,1BA | $1.54 |
The Watkins at Shockoe | Shiplock | 1BR,1BA | $1.52 |
The Shockoe Collection | 1 Bed 1 Bath | 1BR,1BA | $1.54 |
Jefferson Townhouses | 2x1 | 2BR,1BA | $1.50 |
1407 E Cary Street | 1 Beds, 1 Baths | 1BR,1BA | $1.47 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleCity Center, Richmond, VA
Ranked #29
Among neighborhoods in Richmond, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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.

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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.

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.