Cheap Apartments for Rent in the Upper Shockoe Valley Neighborhood of Richmond, VA from $800 (26 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
The Hill Building
1 to 2 Bedroom Apartments

The Hill Building

114 Virginia StRichmond, VA 23219
  • Utilities Included
close
View Me
Shockoe Commons
1 to 2 Bedroom Apartments

Shockoe Commons

1209-1211 E Main StRichmond, VA 23223
close
View Me
1820 E Broad St
1 to 3 Bedroom Apartments

1820 E Broad St

1820 E Broad StRichmond, VA 23223
close
View Me
The Lofts at Franklin
1 to 2 Bedroom Apartments

The Lofts at Franklin

1806-1816 E Franklin StRichmond, VA 23223
  • Utilities Included
close
View Me
Cobblestone Commons
1 Bedroom Apartments

Cobblestone Commons

100 S 15th StRichmond, VA 23219
  • Utilities Included
close
View Me
The Buggy Factory
1 to 2 Bedroom Apartments

The Buggy Factory

1421 Lombardy AlyRichmond, VA 23219
  • Utilities Included
Showing Results 1-26, Page 1 of 1

Upper Shockoe Valley, Richmond, VA Local Guide

Cheapest Available Upper Shockoe Valley Apartments for Rent

 

The cheapest available apartment rental in the Upper Shockoe Valley area of Richmond, VA is a 1 Bed unit found at Attain Shockoe priced from $800. Jefferson Townhouses has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Upper Shockoe Valley apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Attain Shockoe1 Bed / 1.0 Bath1BR,1BA$800
Jefferson Townhouses1X11BR,1BA$950
The OliverThe Virginia1BR,1BA$999
Cedar BroadA2b1BR,1BA$1,045
American Tobacco CenterA201BR,1BA$1,081
1407 E Cary Street1 Beds, 1 Baths1BR,1BA$1,099
10 Walnut Alley1BR/1.0BA1BR,1BA$1,210
Atrium Lofts at Cold StorageOne Bedroom1BR,1BA$1,223
Sphere ApartmentsS2Studio,1BA$1,259

Best Value Apartments for Rent in Upper Shockoe Valley, VA

As of March 30, 2025 the best value apartment in the Upper Shockoe Valley area is the $1.83 price per square foot James Model at The Watkins at Shockoe in the in the Downtown Richmond neighborhood starting from $2,221. The second greatest value Upper Shockoe Valley 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 Upper Shockoe Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Watkins at ShockoeJames2BR,2BA$1.83
Raven PlaceB1.12BR,2BA$1.47
American Tobacco CenterB152BR,2BA$1.77
Atrium Lofts at Cold StorageTwo Bedroom2BR,2BA$1.69
1710 East Franklin Street1BR/1.0BA1BR,1BA$1.80
1407 E Cary Street1 Beds, 1 Baths1BR,1BA$1.47
10 Walnut Alley1BR/1.0BA1BR,1BA$1.68
811 Mosby St, Unit C811 Mosby St2BR,1BA$1.71
Exchange PlaceExchange Place Unit 0021BR,1BA$2.00
Jefferson Townhouses1X11BR,1BA$1.60

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Upper Shockoe Valley, Richmond, VA

Ranked #115

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the Upper Shockoe Valley Neighborhood in Richmond, VA

Walk Score®

80 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

Transit Score®

59 / 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 Upper Shockoe Valley Apartments

What is a cheap apartment in Upper Shockoe Valley?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Upper Shockoe Valley is under $1,259.

What is the price of a cheap apartment in Upper Shockoe Valley?

The cheapest apartment in Upper Shockoe Valley is Attain Shockoe which is listed at $800, while the average apartment in Upper Shockoe Valley costs $2,461.

What types of apartments are the cheapest in Upper Shockoe Valley?

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 163 regular apartments in Upper Shockoe Valley 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 Upper Shockoe Valley?

Cheap apartments in Upper Shockoe Valley have an average cost of $1,026 which is $1,435 cheaper than the average rent for all rentals in Upper Shockoe Valley.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

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.