Cheap Apartments for Rent in the Downtown Richmond Neighborhood of Richmond, VA from $500 (134 Rentals)

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Explore the Best Cheap Apartments in Downtown Richmond area of Richmond for Renters Looking for a Great Deal on Lower Cost Rent for the Area.

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1711 Colorado Ave
$1,1951 Bedroom, 1 Bath Home for RentAvailable Now

1711 Colorado Ave

Richmond, VA 23220
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1703 Colorado Ave
$1,2952 Bedroom, 1 Bath Home for RentAvailable Now

1703 Colorado Ave

Richmond, VA 23220
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1709 Colorado Ave
$1,2952 Bedroom, 1 Bath Home for RentAvailable Now

1709 Colorado Ave

Richmond, VA 23220
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1707 Colorado Ave
$1,2952 Bedroom, 1 Bath Home for RentAvailable Now

1707 Colorado Ave

Richmond, VA 23220
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Downtown Richmond, Richmond, VA Local Guide

Cheapest Available Downtown Richmond Apartments for Rent

 

The cheapest available apartment rental in the Downtown Richmond area of Richmond, VA is a Studio unit found at Bloom Apartments II priced from $849. Towers on Franklin has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Downtown Richmond apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Bloom Apartments IIStudio 415 sq ftStudio,1BA$849
Towers on FranklinHarrisonStudio,1BA$900
Eagle Mill Lofts2bed 1bth2BR,1BA$950
Charming apartment in the heart of Richmond!2BR/1.0BA2BR,1BA$995
Market Villas0BR/1.0BAStudio,1BA$999
The Collection of Historic RichmondA3, A4 & A51BR,1BA$999
The BerkshireLee1BR,1BA$1,025
The Lofts at Shockoe SlipThe Lofts at Shockoe Slip 210Studio,1BA$1,029
The Mezzo LoftsMontage Gallery - StudiosStudio,1BA$1,044
The Stables1 Bedroom 1 Bathroom1BR,1BA$1,055

Best Value Apartments for Rent in Downtown Richmond, VA

As of January 04, 2025 the best value apartment in the Downtown Richmond area is the $1.25 price per square foot 2 Bedroom Model at Miller and Rhoads Residences in the in the Downtown Richmond neighborhood starting from $1,883. The second greatest value Downtown Richmond apartment is the 2509 Seminary Ave Model at 2509 Seminary Ave, Unit Apt B starting at $1,390 with a $0.93 price per square foot in the Bellevue neighborhood. Here is today’s list of the best values for Downtown Richmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Miller and Rhoads Residences2 Bedroom2BR,2BA$1.25
2509 Seminary Ave, Unit Apt B2509 Seminary Ave2BR,1BA$0.93
Marshall Park4x4 - Priced Per Bedroom4BR,4BA$0.57
Lofts and Upper Lofts at Canal Walk - Cana...Canal 236 1 Bed1BR,1BA$0.94
1877 Lofts2BR/2.0BA2BR,2BA$1.36
209 E Main StUnit 208A2BR,1BA$1.36
1510 W Broad St - Residential2BR/2.0BA2BR,2BA$1.26
Marshall Street Apartments1BR/1.0BA1BR,1BA$1.18
The Shockoe Collection2 Bed 2 Bath2BR,2BA$1.39
Charming apartment in the heart of Richmond!2BR/1.0BA2BR,1BA$1.25

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Virginia, including Richmond. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, transit availability, pet-friendly communities, apartment communities for the kids, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Richmond Apartments

What is the Cheapest Studio apartment in Downtown Richmond?

Currently the most affordable Cheap Studio Apartment in Downtown Richmond is at Bloom Apartments II listed at $849.

How much is rent for a Cheap One Bedroom Downtown Richmond Apartment?

The lowest price for a Cheap One Bedroom Downtown Richmond Apartment is $899 at Bloom Apartments II.

What is the lowest price for a Cheap Two Bedroom Downtown Richmond Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Richmond is starting from $950 at Eagle Mill Lofts.

What is the most affordable Downtown Richmond Three Bedroom Apartment?

The best deal on a cheap Downtown Richmond Three Bedroom Apartment rental is at Parc View at Commonwealth and starts from $1,199.

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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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.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

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Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.