Cheap Apartments for Rent in the Upper Shockoe Valley Neighborhood of Richmond, VA from $800 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Upper Shockoe Valley area of Richmond.

Attain Shockoe

The Oliver

Jefferson Townhouses

American Tobacco Center

1407 E Cary Street

The Corner Lofts - 1321 E. Main St.

1705-1709 E Franklin St

Deco at CNB
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.

Atrium Lofts at Cold Storage

1877 Lofts

The Watkins at Shockoe

Shockoe Valley View

1903 E Marshall St

Sphere Apartments

Exchange Place
Upper Shockoe Valley, Richmond, VA Local Guide

How much does it cost to rent an apartment in Upper Shockoe Valley?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Upper Shockoe Valley Studio Apartments | $1,330 | $804 | $1,832 |
Upper Shockoe Valley 1 Bedroom Apartments | $1,545 | $920 | $2,695 |
Upper Shockoe Valley 2 Bedroom Apartments | $2,003 | $1,225 | $3,321 |
Upper Shockoe Valley 3 Bedroom Apartments | $2,746 | $1,395 | $4,050 |
Upper Shockoe Valley 4 Bedroom Apartments | $1,620 | $1,620 | $1,620 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Upper Shockoe Valley Neighborhood of Richmond, VA.
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Upper Shockoe Valley, Richmond, VA Local Guide
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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 $914. The Oliver has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Upper Shockoe Valley apartments for rent in Richmond, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Attain Shockoe | Ginter ADA | 1BR,1BA | $914 |
The Oliver | The Virginia | 1BR,1BA | $999 |
Jefferson Townhouses | 1X1 | 1BR,1BA | $1,000 |
The Lofts at Shockoe Slip | The Lofts at Shockoe Slip 208 | Studio,1BA | $1,149 |
Deco at CNB | Bebe - Studio | Studio,1BA | $1,175 |
Atrium Lofts at Cold Storage | One Bedroom | 1BR,1BA | $1,261 |
1877 Lofts | 1BR/1.0BA | 1BR,1BA | $1,299 |
Cobblestone Commons | Cobblestone Commons Unit 309 | 1BR,1BA | $1,299 |
Shockoe Valley View | 1X1.2 | 1BR,1BA | $1,324 |
The Scout Scotts Addition | *The 1908 - Income Restricted* | Studio,1BA | $1,330 |
Best Value Apartments for Rent in Upper Shockoe Valley, VA
As of April 28, 2025 the best value apartment in the Upper Shockoe Valley area is the $1.94 price per square foot C2 Model at American Tobacco Center in the in the East neighborhood starting from $2,867. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
American Tobacco Center | C2 | 3BR,3BA | $1.94 |
Raven Place | B1.1 | 2BR,2BA | $1.47 |
Exchange Place | Exchange Place Unit 306 | 2BR,2BA | $1.96 |
1877 Lofts | 1BR/1.0BA | 1BR,1BA | $1.51 |
The Watkins at Shockoe | Shiplock | 1BR,1BA | $1.66 |
Atrium Lofts at Cold Storage | Two Bedroom | 2BR,2BA | $1.98 |
1710 East Franklin Street | 1BR/1.0BA | 1BR,1BA | $1.80 |
Jefferson Townhouses | 1X1 | 1BR,1BA | $1.68 |
The Lofts at Shockoe Slip | The Lofts at Shockoe Slip 208 | Studio ,1BA | $1.99 |
The Oliver | The Belle | 1BR,1BA | $2.02 |
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Pet Friendly LifestyleUpper Shockoe Valley, Richmond, VA
Ranked #105
Among neighborhoods in Richmond, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 $1,330.
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 $920, while the average apartment in Upper Shockoe Valley costs $2,636.
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 84 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 $701 which is $1,935 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.

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.

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.

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.

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.