Cheap Homes for Rent in Richmond, VA from $800 (83 Rentals)

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Cheap Homes in Richmond.

property at 9999 Diane Ln

9999 Diane Ln

RichmondVA23227

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.

Read Article

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.

Read Article
property at 14 W Broad St

14 W Broad St

RichmondVA23220
property at 1333 W Broad St

1333 W Broad St

RichmondVA23220
property at 815 Porter St

815 Porter St

RichmondVA23224
property at 123 E Broad St

123 E Broad St

RichmondVA23219
Showing Results 1-50, Page 1 of 2

Richmond, VA Local Guide

Cheapest Neighborhoods for Apartments in Richmond, VA

Pricing Updated: 05/03/2025

Current apartment rentals in the Richmond, VA area range in price from $895 to $5,500 with an overall median price of $3,118. The three Richmond neighborhoods with the lowest median rent pricing are Ginter Park at $1,100, Monroe Ward at $1,195, and Church Hill North at $995. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Richmond Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Ginter Park$1,375$1,1002
Monroe Ward$1,479$1,1952
Church Hill North$1,700$9955
Westover Hills West$1,800$1,8001
Petersburg Chesterfield$1,897$99510
Beaufont$2,000$1,0005
Chippenham Forest$2,000$2,0001
Hioaks$2,000$1,0004
Jahnke$2,000$1,0004
Oxford$2,000$2,0001

Cheapest Available Richmond Apartments for Rent

 

The cheapest available apartment rental in Richmond, VA is a 1 Bed unit found at Ashton Square Apartments in the Midlothian neighborhood priced from $629. Kingly Ones and Briarwood Court Apartments in the Broad Rock neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Richmond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ashton Square ApartmentsAshley1BR,1BA$629
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$825
New Manchester FlatsThe Maury2BR,2BA$832
Legacy at Imperial VillageStudioStudio,1BA$835
Bloom Apartments II1Bed/1Bath: 463 sq ft1BR,1BA$849
Manchester Grand ApartmentsA2111BR,1BA$855
Falling Creek ApartmentsA11BR,1BA$885
Attain ShockoeBellevue1BR,1BA$895
The Arbors Senior ApartmentsMove-in Special Now offering Reduced Rent - ...1BR,1BA$899

Best Value Apartments for Rent in Richmond, VA

As of May 03, 2025 the best value apartment in the Richmond 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 Richmond apartment is the Canal 236 1 Bed Model at Lofts and Upper Lofts at Canal Walk starting at $1,244 with a $0.96 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Richmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.51
Lofts and Upper Lofts at Canal WalkCanal 236 1 Bed1BR,1BA$0.96
Townsend SquareTownhomes starting at $1000.00- Now Accepting A...2BR,1BA$0.87
Venus At Manchester Apartments2 -Bedroom, 2-Bath2BR,2BA$1.20
Lofts and Upper Lofts at Canal Walk IIIOne Bedroom1BR,1BA$1.23
1407 E Cary Street1 Beds, 1 Baths1BR,1BA$1.11
City View Place2 Bedroom Unit2BR,1.5BA$1.14
Belle SummitRainer2BR,2BA$1.21
Creekside Manor Apartments2 Beds, 1.5 baths2BR,1.5BA$1.21
1527 Mechanicsville Tpke, Unit 31527 Mechanicsville Tpke1BR,1BA$1.17

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Richmond, VA Area Reviews

  • Cost of Living

Robin

February 25, 2025

All my life

Frequently Asked Questions about Richmond

What type of rentals are currently available in Richmond?

There are currently 1490 Apartments for Rent in Richmond, VA with pricing that ranges from $629 to $15,913. There are also 429 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $895 to $5,950.

What is the current price range for Rental Homes in Richmond?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Richmond ranges from $895 to $5,950 with an average monthly rent of $2,405.

How much are larger Three and Four Bedroom Rentals in Richmond?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Richmond range from $879 to $12,135, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,795 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 Navigating the Rental Market: Tips for First-Time Renters article

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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.