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Cheap Apartments for Rent in Richmond, VA

7,902 Rentals
.
  1. Building Photo - The Hudson
    1 Month Free
    1 Month Free
    |
    1 BED
    $1,415+
    2 BEDS
    $355+
    Total Monthly Price Total Monthly Price New
    Base Rent$165 - $1,710
    Required Monthly Fees$50 - $85
    Total Monthly Price$355 - $1,745

    The Hudson

    700 Stockton St, Richmond, VA 23224
    (804) 404-9576
  2. Building Photo - 2830 Monument Ave
    4 BEDS, 3 BATHS
    $330
    Total Monthly Price Total Monthly Price New
    Base Rent$330
    Required Monthly FeesNone
    Total Monthly Price$330

    2830 Monument Ave Unit #2

    2830 Monument Ave, Richmond, VA 23221
  5. Building Photo - Market Square
    Exceptional Value
    1 BED
    $671+
    2 BEDS
    $781+
    Plus Fees - 12 Month Lease

    Market Square

    7300 Taw St, Richmond, VA 23237
  6. Building Photo - 1527 Mechanicsville Tpke
    1 BED, 1 BATH
    $700
    Total Monthly Price Total Monthly Price New
    Base Rent$700 - $750
    Required Monthly FeesNone
    Total Monthly Price$700 - $750
         - 12 Month Lease

    1527 Mechanicsville Tpke

    1527 Mechanicsville Tpke, Richmond, VA 23223
  7. Building Photo - Townhouses of Chesterfield II
    1 Month Free
    1 Month Free
    STUDIO
    $715+
    1 BED
    $885+
    2 BEDS
    $1,100+
    3 BEDS
    $1,450+
    Plus Fees

    Townhouses of Chesterfield II

    2231 Chalfont Dr, Richmond, VA 23224
  8. Building Photo - Hatcher Tobacco Flats
    1 BED
    $720+
    2 BEDS
    $1,110+
    3 BEDS
    $1,269+
    Plus Fees - 12 Month Lease

    Hatcher Tobacco Flats

    151 W Commerce Rd, Richmond, VA 23224
  10. Primary Photo - The James
    1 BED
    $1,339+
    2 BEDS
    $939+
    3 BEDS
    $819+
    4 BEDS
    $729+
    Plus Fees - 11 Month Lease

    The James

    601 W Bacon St, Richmond, VA 23222
    (804) 409-4129
  15. $143 Off
    Price Drop. $143 Off
    1 BED
    $892+
    2 BEDS
    $1,320+
    Total Monthly Price Total Monthly Price New
    Base Rent$817 - $1,245
    Required Monthly Fees$75
    Utilities & EssentialsVaries
    Total Monthly Price$892 - $1,320

    Falling Creek Apartments

    2530 Marina Dr, Richmond, VA 23234
    (804) 571-7643
  17. Building Photo - 2001 East
    Discounts
    Discounts
    1 BED
    $1,397+
    2 BEDS
    $1,613+
    Plus Fees

    2001 East

    2001 E Broad St, Richmond, VA 23223
  22. Building Photo - Dill Building
    1 BED
    $1,199+
    2 BEDS
    $1,551+
    Total Monthly Price Total Monthly Price New
    Base Rent$825 - $1,879
    Required Monthly Fees$187
    Total Monthly Price$1,199 - $2,066

    Dill Building

    2020 E Franklin St, Richmond, VA 23223
  28. Building Photo - Shockoe Center
    1 BED
    $974+
    2 BEDS
    $1,749+
    Total Monthly Price Total Monthly Price New
    Base Rent$852 - $1,985
    Required Monthly Fees$122
    Total Monthly Price$974 - $2,107

    Shockoe Center

    1900 E Franklin St, Richmond, VA 23223
  29. Building Photo - Belle Summit
    Exceptional Value
    1 BED
    $856+
    2 BEDS
    $1,020+
    3 BEDS
    $1,178+
    Plus Fees - 12 Month Lease

    Belle Summit

    600 Cowardin Ave, Richmond, VA 23224
  32. Building Photo - 2603 5th Ave
    1 BED, 1 BATH
    $895
    Total Monthly Price Total Monthly Price New
    Base Rent$895
    Required Monthly FeesNone
    Total Monthly Price$895

    2603 5th Ave Unit 6

    2603 5th Ave, Richmond, VA 23222
  33. Building Photo - Towers on Franklin
    Good Value
    STUDIO
    $1,035+
    1 BED
    $1,230+
    2 BEDS
    $1,999+
    Total Monthly Price Total Monthly Price New
    Base Rent$900 - $2,064
    Required Monthly Fees$135
    Total Monthly Price$1,035 - $2,199
         - 12 Month Lease

    Towers on Franklin

    104 W Franklin St, Richmond, VA 23220
    (804) 655-0197
  35. Building Photo - The Masonry Apartments
    $230 Off
    Price Drop. $230 Off
    1 BED
    $1,017+
    2 BEDS
    $1,387+
    3 BEDS
    $2,091+
    Total Monthly Price Total Monthly Price New
    Base Rent$925 - $1,999
    Required Monthly Fees$92
    Utilities & EssentialsVaries
    Total Monthly Price$1,017 - $2,091

    The Masonry Apartments

    2001 E Franklin St, Richmond, VA 23223
    (804) 352-2519
  36. 1 BED
    $926+
    2 BEDS
    $1,096+
    3 BEDS
    $1,327+
    Total Monthly Price Total Monthly Price New
    Base Rent$926 - $2,335
    Required Monthly FeesNone
    Total Monthly Price$926 - $2,335
         - 12 Month Lease

    Creighton Renaissance Apartments

    3100 Purcell St, Richmond, VA 23223
    (804) 494-7408
  37. Building Photo - 3809 McGuire Dr
    2 BEDS, 1 BATH
    $930
    Total Monthly Price Total Monthly Price New
    Base Rent$930
    Required Monthly FeesNone
    Total Monthly Price$930
         - 12 Month Lease

    3809 McGuire Dr Unit B

    3809 McGuire Dr, Richmond, VA 23224
  38. Building Photo - 3916 Chamberlayne Ave
    1 BED, 1 BATH
    $930
    Total Monthly Price Total Monthly Price New
    Base Rent$930
    Required Monthly FeesNone
    Total Monthly Price$930

    3916 Chamberlayne Ave Unit 3

    3916 Chamberlayne Ave, Richmond, VA 23227
  39. Building Photo - Ascend Richmond
    Good Value
    STUDIO
    $1,560+
    1 BED
    $1,620+
    2 BEDS
    $1,215+
    3 BEDS
    $1,190+
    Plus Fees - 11 Month Lease

    Ascend Richmond

    1600 W Broad St, Richmond, VA 23220
    (804) 212-3833
  40. Interior Photo - Mallard Greens
    2 BEDS
    $935+
    3 BEDS
    $1,305+
    Plus Fees - 12 Month Lease

    Mallard Greens

    2852 Fairfield Ave, Richmond, VA 23223
  41. Building Photo - 6428 Elkhardt Rd
    1 BED, 1 BATH
    $940
    Total Monthly Price Total Monthly Price New
    Base Rent$940
    Required Monthly FeesNone
    Total Monthly Price$940

    6428 Elkhardt Rd

    6428 Elkhardt Rd, Richmond, VA 23225
  42. Building Photo - 6434 Elkhardt Rd
    1 BED, 1 BATH
    $940
    Total Monthly Price Total Monthly Price New
    Base Rent$940
    Required Monthly FeesNone
    Total Monthly Price$940

    6434 Elkhardt Rd

    6434 Elkhardt Rd, Richmond, VA 23225
Showing 42 of 750 results, Page 1 of 18

Richmond at a Glance

Average Rent

$1,442
(All bedrooms and property types)
Learn more about
Average Rent in Richmond
7

School Rating

out of 10 Rating
Learn more about
Schools in Richmond

Richmond, VA Cheap Apartments for Rent

When looking for cheap apartments in Richmond, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Richmond.

Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.

Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 750 cheap apartments available in Richmond Apartment Finder is the place to find your next rental.

Renting in Richmond

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Richmond

(For 1 bedroom apartments)

Education

VCU
Public University
Private University
Public University
Private University
Public University
GreatSchools Rating
Richmond Community High

Public High School

Public
Grades 9-12
200 Students
GreatSchools Rating
Open High

Public High School

Public
Grades 9-12
183 Students
GreatSchools Rating
Godwin High

Public High School

Public
Grades 9-12
1,773 Students
GreatSchools Rating
Freeman High

Public High School

Public
Grades 9-12
1,860 Students
GreatSchools Rating
Pocahontas Middle

Public Middle School

Public
Grades 6-8
825 Students
GreatSchools Rating
Moody Middle

Public Middle School

Public
Grades 6-8
1,072 Students
GreatSchools Rating
Tuckahoe Middle

Public Middle School

Public
Grades 6-8
1,003 Students
GreatSchools Rating
Albert Hill Middle

Public Middle School

Public
Grades 6-8
453 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Richmond

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Richmond Apartments for Rent in Your Budget

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