Cheap Apartments for Rent in the Gambles Hill Neighborhood of Richmond, VA from $500 (261 Rentals)

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

Gambles Hill, Richmond, VA Local Guide

Cheapest Available Gambles Hill Apartments for Rent

 

The cheapest available apartment rental in the Gambles Hill 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 Gambles Hill apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Attain Shockoe1 Bed / 1.0 Bath1BR,1BA$800
New Manchester FlatsThe Maury2BR,2BA$832
Manchester Grand ApartmentsA2111BR,1BA$855
Towers on FranklinRodneyStudio,1BA$949
Eagle Mill Lofts2bed 1bth2BR,1BA$950
Jefferson Townhouses1X11BR,1BA$950
Charming apartment in the heart of Richmond!1BR/1.0BA1BR,1BA$995
The OliverThe Virginia1BR,1BA$999
Miller Lofts @ Plant Zero1 Bedroom 1 Bath1BR,1BA$999

Best Value Apartments for Rent in Gambles Hill, VA

As of March 28, 2025 the best value apartment in the Gambles 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 $756. The second greatest value Gambles Hill apartment is the 2BR/2.0BA Model at Park Plaza @ Belvidere starting at $1,775 with a $1.27 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Gambles 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$1.27
The HudsonThe Belvidere2BR,1BA$1.26
City View LoftsThe James2BR,2.5BA$1.34
Venus At Manchester Apartments3-Bedroom, 2-Bath3BR,2BA$1.37
City View Place2 Bedroom Unit2BR,1.5BA$1.14
Belle SummitRainer2BR,2BA$1.21
Charming apartment in the heart of Richmond!1BR/1.0BA1BR,1BA$1.25
New Manchester FlatsThe James1BR,1.5BA$1.45
1527 Mechanicsville Tpke, Unit 31527 Mechanicsville Tpke1BR,1BA$1.17

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Gambles Hill, Richmond, VA

Ranked #2

Among neighborhoods in Richmond, VA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Virginia including Gambles Hill, Richmond, and the greater Richmond area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Gambles Hill Neighborhood in Richmond, VA

Walk Score®

68 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

68 / 100

Bikeable

Some bike infrastructure

Transit Score®

57 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Gambles Hill Apartments

What is a cheap apartment in Gambles Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Gambles Hill is under $999.

What is the price of a cheap apartment in Gambles Hill?

The cheapest apartment in Gambles Hill is Attain Shockoe which is listed at $800, while the average apartment in Gambles Hill costs $3,250.

What types of apartments are the cheapest in Gambles 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 275 regular apartments in Gambles 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 Gambles Hill?

Cheap apartments in Gambles Hill have an average cost of $482 which is $2,768 cheaper than the average rent for all rentals in Gambles 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.

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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.

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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.

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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.

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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.