Cheap Apartments for Rent in the VCU Neighborhood of Richmond, VA from $600 (88 Rentals)

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

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.

property at 101 E Clay St

101 E Clay St

RichmondVA23219
property at 1619 W Grace St

1619 W Grace St

RichmondVA23220
property at 1719 Blair St

1719 Blair St

RichmondVA23220
property at 1721 Blair St

1721 Blair St

RichmondVA23220

VCU, Richmond, VA Local Guide

Cheapest Available VCU Apartments for Rent

 

The cheapest available apartment rental in the VCU area of Richmond, VA is a Studio unit found at Towers on Franklin priced from $949. Eagle Mill Lofts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here are the most affordable VCU apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Towers on FranklinRodneyStudio,1BA$949
Eagle Mill Lofts2bed 1bth2BR,1BA$950
The Edison ApartmentsSXDStudio,1BA$1,019
District Square Apartments1Bd1Ba--5901BR,1BA$1,106
The Mezzo LoftsMosaic Gallery - 1 Bedroom 1 Bath1BR,1BA$1,136
Landmark at Marshall BroadThe AdamsStudio,1BA$1,136
Parc View at CommonwealthD5 - Penthouse4BR,4BA$1,145
The Concord NorthsideThe Rose1BR,1BA$1,150
Deco at CNBBebe - StudioStudio,1BA$1,175
Residences at the John MarshallStudioStudio,1BA$1,185

Best Value Apartments for Rent in VCU, VA

As of April 17, 2025 the best value apartment in the VCU 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 $756. The second greatest value VCU apartment is the 2BR/2.0BA Model at Park Plaza @ Belvidere starting at $1,877 with a $1.34 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for VCU apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.51
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.34
16 W Broad St, Unit Apartment 116 W Broad St3BR,2BA$1.36
1706 Floyd Ave, Unit B1706 Floyd Ave2BR,1BA$1.54
206 N 1st St, Unit 206 N 1st Street206 N 1st St2BR,1.5BA$1.82
511 W Marshall St, Unit 101511 W Marshall St2BR,1BA$1.80
Broadway ApartmentsTwo Bed One Bath2BR,1BA$1.62
1 West Cary Apartments1BR/1.0BA1BR,1BA$1.56
The BerkshireCatherine1BR,1BA$1.46
Colorado Manor Apartments2 Beds, 1 Baths2BR,1BA$1.78

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Pet Friendly Lifestyle
Vcu, Richmond, VA

Ranked #61

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap VCU Apartments

What is a cheap apartment in VCU?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in VCU is under $1,185.

What is the price of a cheap apartment in VCU?

The cheapest apartment in VCU is Towers on Franklin which is listed at $1,092, while the average apartment in VCU costs $4,000.

What types of apartments are the cheapest in VCU?

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 90 regular apartments in VCU 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 VCU?

Cheap apartments in VCU have an average cost of $457 which is $3,543 cheaper than the average rent for all rentals in VCU.

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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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 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.

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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.