
Cheap Apartments for Rent in the East Neighborhood of Richmond, VA from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the East area of Richmond.


Attain Shockoe

New Manchester Flats

The Masonry

925 N 20th St

Jefferson Townhouses

Townsend Square

The Oliver

927 N 20th St

Glenwood Ridge Apartments

Smokehouse Lofts
East, Richmond, VA Local Guide

How much does it cost to rent an apartment in East?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
East Studio Apartments | $1,302 | $866 | $2,267 |
East 1 Bedroom Apartments | $1,439 | $700 | $3,063 |
East 2 Bedroom Apartments | $1,715 | $832 | $3,866 |
East 3 Bedroom Apartments | $2,235 | $1,290 | $5,490 |
East 4 Bedroom Apartments | $1,520 | $1,520 | $1,520 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 1 mile radius of the East Neighborhood of Richmond, VA.
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East, Richmond, VA Local Guide
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Cheapest Available East Apartments for Rent
 The cheapest available apartment rental in the East area of Richmond, VA is a 1 Bed unit found at Attain Shockoe priced from $800. New Manchester Flats has the second lowest priced unit, which is a 2 Beds apartment currently listed from $832. Here are the most affordable East apartments for rent in Richmond, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Attain Shockoe | 1 Bed / 1.0 Bath | 1BR,1BA | $800 |
New Manchester Flats | The Bainbridge | 2BR,1BA | $832 |
The Oliver | The Virginia | 1BR,1BA | $999 |
The Masonry | Old Stone Row 1x1, Income Restricted | 1BR,1BA | $1,020 |
Cedar Broad | A2b | 1BR,1BA | $1,045 |
1407 E Cary Street | 1 Beds, 1 Baths | 1BR,1BA | $1,099 |
Mallard Greens | TWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH... | 2BR,1BA | $1,103 |
American Tobacco Center | A20 | 1BR,1BA | $1,106 |
Jefferson Townhouses | 2x1 | 2BR,1BA | $1,125 |
Best Value Apartments for Rent in East, VA
As of March 21, 2025 the best value apartment in the East 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 East apartment is the Canal 236 1 Bed Model at Lofts and Upper Lofts at Canal Walk starting at $1,223 with a $0.94 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for East 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 |
Lofts and Upper Lofts at Canal Walk | Canal 236 1 Bed | 1BR,1BA | $0.94 |
American Tobacco Center | B17 | 2BR,2BA | $1.70 |
Flats at 25th | Altitude | 2BR,2BA | $1.44 |
The Watkins at Shockoe | Shiplock | 1BR,1BA | $1.52 |
Mallard Greens | TWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH... | 2BR,1BA | $1.33 |
Jefferson Townhouses | 2x1 | 2BR,1BA | $1.50 |
1407 E Cary Street | 1 Beds, 1 Baths | 1BR,1BA | $1.47 |
New Manchester Flats | The Decatur | 1BR,1BA | $1.34 |
1527 Mechanicsville Tpke, Unit 3 | 1527 Mechanicsville Tpke | 1BR,1BA | $1.17 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleEast, Richmond, VA
Ranked #70
Among neighborhoods in Richmond, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in East, Richmond, VA
Martin Luther King Jr. Middle
School data provided by Great Schools
Best Local Schools in East, Richmond, VA
Martin Luther King Jr. Middle
School data provided by Great Schools
Frequently Asked Questions about Cheap East Apartments
What is a cheap apartment in East?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East is under $1,125.
What is the price of a cheap apartment in East?
The cheapest apartment in East is Attain Shockoe which is listed at $800, while the average apartment in East costs $3,000.
What types of apartments are the cheapest in East?
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 5,552 regular apartments in East 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 East?
Cheap apartments in East have an average cost of $754 which is $2,246 cheaper than the average rent for all rentals in East.
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.