
Cheap Apartments for Rent in the Forest Hill Neighborhood of Richmond, VA from $600 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Forest Hill area of Richmond.


Towers on Franklin

Park at Forest Hill

Norcroft Townhomes-55 and older

Southwood Apartments

404 Rivertowne Apartment Homes
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

James River Pointe

Iron House Apartments

Alexander at 1090

The Biggs Building

T and E Apartments

The Mill At Manchester Lofts

Grace & Monroe Apartments

Venus At Manchester Apartments

1 West Cary Apartments

Villas at Cedarhurst
Richmond’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

2915 Hull St
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Forest Hill, Richmond, VA Local Guide

How much does it cost to rent an apartment in Forest Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Forest Hill Studio Apartments | $1,127 | $850 | $1,792 |
Forest Hill 1 Bedroom Apartments | $1,490 | $629 | $2,611 |
Forest Hill 2 Bedroom Apartments | $1,852 | $809 | $3,650 |
Forest Hill 3 Bedroom Apartments | $1,998 | $984 | $3,800 |
Forest Hill 4 Bedroom Apartments | $1,104 | $750 | $3,550 |
Browse Apartments in this Neighborhood
There are currently 42 rentals with your search options within a 2 mile radius of the Forest Hill Neighborhood of Richmond, VA.
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Forest Hill, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
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Cheapest Available Forest Hill Apartments for Rent
 The cheapest available apartment rental in the Forest Hill area of Richmond, VA is a 1 Bed unit found at Ashton Square Apartments priced from $629. Towers on Franklin has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Forest Hill apartments for rent in Richmond, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ashton Square Apartments | Ashley | 1BR,1BA | $629 |
Towers on Franklin | Harrison | Studio,1BA | $850 |
Manchester Grand Apartments | A211 | 1BR,1BA | $855 |
Park Vue | 1 Bedroom and 1 Bath - 687 Sq.Ft | 1BR,1BA | $943 |
Dogtown Apartments | 1 Bedroom Standard | 1BR,1BA | $999 |
Belle Summit | Rainer | 2BR,2BA | $1,020 |
Linden at Forest Hill | One Bedroom - A | 1BR,1BA | $1,025 |
City View Place | 2 Bedroom Unit | 2BR,1BA | $1,056 |
404 Rivertowne Apartment Homes | Vanderbilt | 1BR,1BA | $1,100 |
Parc View at Commonwealth | D5 - Penthouse | 4BR,4BA | $1,145 |
Best Value Apartments for Rent in Forest Hill, VA
As of May 10, 2025 the best value apartment in the Forest Hill area is the $0.51 price per square foot 4x2 - Priced Per Bedroom Model at Marshall Park in the in the Downtown Richmond neighborhood starting from $750. The second greatest value Forest Hill apartment is the 2BR/2.0BA Model at Park Plaza @ Belvidere starting at $1,911 with a $1.37 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Forest Hill apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.51 |
Park Plaza @ Belvidere | 2BR/2.0BA | 2BR,2BA | $1.37 |
Venus At Manchester Apartments | 2 -Bedroom, 2-Bath | 2BR,2BA | $1.20 |
The Berkshire | Park | 1BR,1BA | $1.34 |
City View Place | 2 Bedroom Unit | 2BR,1.5BA | $1.14 |
Model Tobacco Lofts | 1BD 1BA | 1BR,1BA | $1.42 |
Morningside Apartments | White Oak Tax Credit | 2BR,1BA | $1.45 |
James River Pointe | 2 Bed/1.5 Bath- Phase 2 | 2BR,1.5BA | $1.50 |
Belle Summit | Rainer | 2BR,2BA | $1.21 |
1 West Cary Apartments | 1BR/1.0BA | 1BR,1BA | $1.43 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleForest Hill, Richmond, VA
Ranked #74
Among neighborhoods in Richmond, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Forest Hill, Richmond, VA
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities and towns across the United States and customized analysis for Central Richmond. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and proximity to parks, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Forest Hill Neighborhood in Richmond, VA
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
64 / 100
Bikeable
Some bike infrastructure
Transit Score®
35 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Forest Hill Apartments
What is a cheap apartment in Forest Hill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Forest Hill is under $1,145.
What is the price of a cheap apartment in Forest Hill?
The cheapest apartment in Forest Hill is Ashton Square Apartments which is listed at $629, while the average apartment in Forest Hill costs $1,775.
What types of apartments are the cheapest in Forest Hill?
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 90 regular apartments in Forest Hill 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 Forest Hill?
Cheap apartments in Forest Hill have an average cost of $468 which is $1,307 cheaper than the average rent for all rentals in Forest Hill.
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.

A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA
Written by: Richard Corrigan
Richmond is rightly considered one of the best places to live on the East Coast. We love Richmond’s rich history, phenomenal culinary scene, unique art and culture, and its next-level parks and green spaces.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.