Cheap Homes for Rent in Forest Hill Neighborhood of Richmond, VA from $800 (13 Rentals)

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Search the lowest-cost Homes available for rent right now in the Forest Hill area of Richmond.

property at 206 E 37th St

206 E 37th St

RichmondVA23224

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.

property at 815 Porter St

815 Porter St

RichmondVA23224

Richmond’s Best Affordable Neighborhoods

Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

property at 711 W Broad St

711 W Broad St

RichmondVA23220

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Forest Hill, Richmond, VA Local Guide

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 ListingModel NameBed/BathPriced From
Ashton Square ApartmentsAshley1BR,1BA$629
Towers on FranklinHarrisonStudio,1BA$850
Park Vue1 Bedroom and 1 Bath - 687 Sq.Ft1BR,1BA$943
Dogtown Apartments1 Bedroom Standard1BR,1BA$999
Belle SummitRainer2BR,2BA$1,020

Best Value Apartments for Rent in Forest Hill, VA

As of May 19, 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 $1,877 with a $1.34 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.51
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.34
Venus At Manchester Apartments2 -Bedroom, 2-Bath2BR,2BA$1.20
The BerkshirePark1BR,1BA$1.34
City View Place2 Bedroom Unit2BR,1.5BA$1.14
Model Tobacco Lofts1BD 1BA1BR,1BA$1.49
Morningside ApartmentsWhite Oak Tax Credit2BR,1BA$1.45
James River Pointe2 Bed/1.5 Bath- Phase 22BR,1.5BA$1.50
Belle SummitRainer2BR,2BA$1.21
1 West Cary Apartments1BR/1.0BA1BR,1BA$1.43

Quick Rent Budget Calculator

How much rent can you afford?

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Frequently Asked Questions about Forest Hill

What type of rentals are currently available in Forest Hill?

There are currently 360 Apartments for Rent in Forest Hill, VA with pricing that ranges from $629 to $3,650. There are also 93 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Hill ranging from $840 to $3,800.

What is the current price range for Rental Homes in Forest Hill?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest Hill ranges from $840 to $3,800 with an average monthly rent of $2,435.

How much are larger Three and Four Bedroom Rentals in Forest Hill?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Forest Hill range from $984 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,799 and Four Bedroom Apartments start at $750.

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.

decorative image for A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

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.

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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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

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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.