
Cheap 1 Bedroom Apartments for Rent in the Downtown Richmond Neighborhood of Richmond, VA from $899 (142 Rentals)


1017 W Leigh St

1015 W Leigh St

Kensington, Patterson Place and Grove Ave

Sphere Apartments

Towers on Franklin

The Corner Lofts - 1321 E. Main St.

Iron House Apartments

Coliseum Lofts

2601 Park Ave

1407 E Cary Street

2809 Grove Ave, Unit Apt C

Mortons Apartments

Market Villas

The Concord Northside

The Biggs Building

The Mezzo Lofts

3208 Ellwood Ave

403 Cleveland St

The Edison Apartments

The Collection of Historic Richmond

1917 Lakeview Ave

1923 Lakeview Ave

District Square Apartments

Grace & Monroe Apartments

Kent Road Village

American Heritage Apartments

The Shockoe Collection

Atrium on Broad Apartments

Southern Stove Lofts

1619 W Grace St

1703 Hickory St

1877 Lofts

1 West Cary Apartments

Monroe Park Towers Apartments

Lofts and Upper Lofts at Canal Walk III

Exchange Place

The Scout Scott's Addition

Flats at Canal Crossing
Downtown Richmond, Richmond, VA Local Guide

How much does it cost to rent an apartment in Downtown Richmond?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Richmond Studio Apartments | $1,348 | $850 | $3,133 |
Downtown Richmond 1 Bedroom Apartments | $1,753 | $899 | $5,974 |
Downtown Richmond 2 Bedroom Apartments | $2,143 | $939 | $9,499 |
Downtown Richmond 3 Bedroom Apartments | $2,781 | $879 | $10,000+ |
Downtown Richmond 4 Bedroom Apartments | $1,163 | $756 | $7,250 |
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Downtown Richmond, Richmond, VA Local Guide
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Quick Rent Budget Calculator
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about Cheap Downtown Richmond Apartments
What is a cheap apartment in Downtown Richmond?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Richmond is under $1,150.
What is the price of a cheap apartment in Downtown Richmond?
The cheapest apartment in Downtown Richmond is Bloom Apartments II which is listed at $899, while the average apartment in Downtown Richmond costs $3,500.
What types of apartments are the cheapest in Downtown 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 194 regular apartments in Downtown 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 Downtown Richmond?
Cheap apartments in Downtown Richmond have an average cost of $422 which is $3,078 cheaper than the average rent for all rentals in Downtown 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.

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.

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.

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.