Cheap Apartments for Rent in the Highland Terrace Neighborhood of Richmond, VA from $400 (64 Rentals)

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

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Dwell Apartments
2 Bedroom Apartments

Dwell Apartments

3505 Chamberlayne AveRichmond, VA 23227
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Claremont Apartments
1 Bedroom Apartments

Claremont Apartments

3902 Chamberlayne AveRichmond, VA 23227
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Cedarwood Apartments
1 Bedroom Apartments

Cedarwood Apartments

3803 Chamberlayne AveRichmond, VA 23227
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Estratbrook North
1 Bedroom Apartments

Estratbrook North

3809 Chamberlayne AveRichmond, VA 23227
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Goshen Street
Studio to 3 Bedroom Apartments

Goshen Street

302 Goshen StRichmond, VA 23220
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Bloom Apartments
1 to 2 Bedroom Apartments

Bloom Apartments

4307 Chamberlayne AveRichmond, VA 23227
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Vista Buena Apartments
1 Bedroom Apartments

Vista Buena Apartments

3813-3816 Chamberlayne AveRichmond, VA 23227
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Richmond Arts
Studio to 2 Bedroom Apartments

Richmond Arts

115 N 1st StRichmond, VA 23219
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101 Poe St
2 Bedroom Apartments

101 Poe St

101 Poe StRichmond, VA 23222
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2910 Chamberlayne Ave
1 Bedroom Apartments

2910 Chamberlayne Ave

2910 Chamberlayne AveRichmond, VA 23222
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Jernigin Hall
Studio to 1 Bedroom Apartments

Jernigin Hall

314 W Grace StRichmond, VA 23220
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The Rosa
1 Bedroom Apartments

The Rosa

744 N 2nd StRichmond, VA 23219
Senior Living
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North Oak Apartments
1 to 2 Bedroom Apartments

North Oak Apartments

617 W Laburnum AveRichmond, VA 23222
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Eagle Mill Towers
1 to 2 Bedroom Apartments

Eagle Mill Towers

1414 W Marshall StRichmond, VA 23220
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Showing Results 1-50, Page 1 of 2

Highland Terrace, Richmond, VA Local Guide

Cheapest Available Highland Terrace Apartments for Rent

 

The cheapest available apartment rental in the Highland Terrace area of Richmond, VA is a 1 Bed unit found at Bloom Apartments II priced from $899. Towers on Franklin has the second lowest priced unit, which is a Studio apartment currently listed from $949. Here are the most affordable Highland Terrace apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Bloom Apartments II1Bed/1Bath: 463 sq ft1BR,1BA$899
Towers on FranklinRodneyStudio,1BA$949
Eagle Mill Lofts2bed 1bth2BR,1BA$950
Charming apartment in the heart of Richmond!1BR/1.0BA1BR,1BA$995
BellevueLarge 1 Bedroom1BR,1BA$1,035
Charming 2 bedroom in Northside Richmond!2BR/1.0BA2BR,1BA$1,050
4306 Chamberlayne Ave1 Beds, 1 Baths1BR,1BA$1,075
The BerkshireLinden1BR,1BA$1,080
Mallard GreensTWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH...2BR,1BA$1,103

Best Value Apartments for Rent in Highland Terrace, VA

As of April 06, 2025 the best value apartment in the Highland Terrace area is the $1.49 price per square foot The Mainline Model at The Westbrook at Brewers Row Townhomes in the in the Bellevue neighborhood starting from $3,250. The second greatest value Highland Terrace apartment is the 4222 Chamberlayne Ave Model at 4222 Chamberlayne Ave, Unit 2 starting at $1,700 with a $1.14 price per square foot in the Bellevue neighborhood. Here is today’s list of the best values for Highland Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Westbrook at Brewers Row TownhomesThe Mainline3BR,2.5BA$1.49
4222 Chamberlayne Ave, Unit 24222 Chamberlayne Ave2BR,1BA$1.14
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.51
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.31
Charming 2 bedroom in Northside Richmond!2BR/1.0BA2BR,1BA$1.18
4306 Chamberlayne Ave1 Beds, 1 Baths1BR,1BA$1.23
Mallard GreensTWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH...2BR,1BA$1.33
Renovated 2 Bedroom Apartment in Northside!2BR/1.0BA2BR,1BA$1.47
Charming apartment in the heart of Richmond!1BR/1.0BA1BR,1BA$1.25
1527 Mechanicsville Tpke, Unit 31527 Mechanicsville Tpke1BR,1BA$1.17

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Highland Terrace, Richmond, VA

Ranked #69

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Highland Terrace, Richmond, VA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, areas, and rental properties across Virginia and customized analysis for Central Richmond. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Highland Terrace Neighborhood in Richmond, VA

Walk Score®

67 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

37 / 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 Highland Terrace Apartments

What is a cheap apartment in Highland Terrace?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Highland Terrace is under $1,103.

What is the price of a cheap apartment in Highland Terrace?

The cheapest apartment in Highland Terrace is Bloom Apartments II which is listed at $899, while the average apartment in Highland Terrace costs $3,500.

What types of apartments are the cheapest in Highland Terrace?

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 119 regular apartments in Highland Terrace 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 Highland Terrace?

Cheap apartments in Highland Terrace have an average cost of $461 which is $3,039 cheaper than the average rent for all rentals in Highland Terrace.

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.