Cheap 3 Bedroom Apartments for Rent in the Shockoe Bottom Neighborhood of Richmond, VA from $1,730 (1 Rental)
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.
Shockoe Bottom, Richmond, VA Local Guide

How much does it cost to rent an apartment in Shockoe Bottom?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Shockoe Bottom Studio Apartments | $1,159 | $804 | $2,311 |
Shockoe Bottom 1 Bedroom Apartments | $1,519 | $1,020 | $3,059 |
Shockoe Bottom 2 Bedroom Apartments | $1,779 | $1,266 | $3,412 |
Shockoe Bottom 3 Bedroom Apartments | $2,196 | $1,730 | $2,867 |
Explore Richmond
Getting Around the Shockoe Bottom Neighborhood in Richmond, VA
Walk Score®
89 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
62 / 100
Bikeable
Some bike infrastructure
Transit Score®
55 / 100
Good Transit
Many 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 Shockoe Bottom Apartments
What is the price of a cheap apartment in Shockoe Bottom?
The cheapest apartment in Shockoe Bottom is Market Villas which is listed at $1,730, while the average apartment in Shockoe Bottom costs $2,149.
What types of apartments are the cheapest in Shockoe Bottom?
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 73 regular apartments in Shockoe Bottom 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 Shockoe Bottom?
Cheap apartments in Shockoe Bottom have an average cost of $547 which is $1,602 cheaper than the average rent for all rentals in Shockoe Bottom.
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
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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
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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
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