Cheap Apartments for Rent in the Shockoe Bottom Neighborhood of Richmond, VA from $800 (19 Rentals)

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

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.

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Shockoe Center
1 to 2 Bedroom Apartments

Shockoe Center

1900 E Franklin StRichmond, VA 23223
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Market Slip
1 to 2 Bedroom Apartments

Market Slip

2 S 17th StRichmond, VA 23219
  • Utilities Included

Richmond’s Best Affordable Neighborhoods

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

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The Dill Building
1 to 2 Bedroom Apartments

The Dill Building

2020 E Franklin StRichmond, VA 23223
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Old Stone Row
1 to 2 Bedroom Apartments

Old Stone Row

2001 E Franklin StRichmond, VA 23223
  • Utilities Included

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.

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Engine at The Masonry
1 to 2 Bedroom Apartments

Engine at The Masonry

2026 E Main StRichmond, VA 23223
  • Utilities Included
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Jefferson Mews
3 Bedroom Apartments

Jefferson Mews

600 Jefferson AveRichmond, VA 23223
  • Utilities Included

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Cameron Kinney
1 to 2 Bedroom Apartments

Cameron Kinney

2500 E Cary StRichmond, VA 23223
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The Lofts at Franklin
1 to 2 Bedroom Apartments

The Lofts at Franklin

1806-1816 E Franklin StRichmond, VA 23223
  • Utilities Included
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Haxall View
1 Bedroom Apartments

Haxall View

2101 E Main StRichmond, VA 23223

Cheapest Available Shockoe Bottom Apartments for Rent

 

The cheapest available apartment rental in the Shockoe Bottom area of Richmond, VA is a 1 Bed unit found at The Masonry priced from $1,020. Attain Shockoe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,038. Here are the most affordable Shockoe Bottom apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
The MasonryOld Stone Row 1x1, Income Restricted1BR,1BA$1,020
Attain ShockoeElmwood1BR,1BA$1,038
River Lofts at Tobacco RowOne Bedroom, One Bathroom1BR,1BA$1,220
American CigarOne Bedroom, One Bathroom1BR,1BA$1,240
Lofts and Upper Lofts at Canal WalkCanal 236 1 Bed1BR,1BA$1,252

Best Value Apartments for Rent in Shockoe Bottom, VA

As of May 12, 2025 the best value apartment in the Shockoe Bottom area is the $0.96 price per square foot Canal 236 1 Bed Model at Lofts and Upper Lofts at Canal Walk in the in the Downtown Richmond neighborhood starting from $1,252. The second greatest value Shockoe Bottom apartment is the B1.1 Model at Raven Place starting at $1,730 with a $1.47 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Shockoe Bottom apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lofts and Upper Lofts at Canal WalkCanal 236 1 Bed1BR,1BA$0.96
Raven PlaceB1.12BR,2BA$1.47
Lofts and Upper Lofts at Canal Walk IIIOne Bedroom1BR,1BA$1.23
ConsolidatedOne Bedroom, One Bathroom1BR,1BA$1.42
Market Villas2BR/2.0BA2BR,2BA$1.94
1710 East Franklin Street1BR/1.0BA1BR,1BA$1.57
River Lofts at Tobacco RowOne Bedroom, One Bathroom1BR,1BA$1.90
Poythress Apartments1BR/1.0BA1BR,1BA$1.88
American CigarOne Bedroom, One Bathroom1BR,1BA$1.87
Pohlig Box Factory ApartmentsPohlig - 1 Bedroom1BR,1BA$1.94

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

Frequently Asked Questions about Cheap Shockoe Bottom Apartments

How much is rent for a Cheap One Bedroom Shockoe Bottom Apartment?

The lowest price for a Cheap One Bedroom Shockoe Bottom Apartment is $1,020 at The Masonry.

What is the lowest price for a Cheap Two Bedroom Shockoe Bottom Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shockoe Bottom is starting from $1,349 at Shockoe Valley View.

What is the most affordable Shockoe Bottom Three Bedroom Apartment?

The best deal on a cheap Shockoe Bottom Three Bedroom Apartment rental is at Market Villas and starts from $1,730.

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

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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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