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Apartments under $1,200 for Rent in Richmond, VA

1,066 Rentals
  1. Good Value
    |
    1 BED
    $1,241
    Total Monthly Price Total Monthly Price New
    Base Rent$1,145 - $1,485
    Required Monthly Fees$96 - $141
    Total Monthly Price$1,241 - $1,626

    Colonial Apartments

    5501 Pony Farm Dr, Richmond, VA 23227
    (804) 781-3363
  2. Discounts
    |
    1 BED
    $1,274
    Total Monthly Price Total Monthly Price New
    Base Rent$1,120 - $1,905
    Required Monthly Fees$154 - $208
    Total Monthly Price$1,274 - $2,113
    - 1 Month Lease

    St. John's Wood

    901 Saint Johns Wood Dr, Richmond, VA 23225
    (804) 944-8567
  3. Price Drop. $203 Off
    STUDIO
    $1,069+
    1 BED
    $1,041+
    Plus Fees

    The Attain

    1903 E Marshall St, Richmond, VA 23223
    (804) 581-8089
  4. Exceptional Value
    |
    1 BED
    $1,118
    Total Monthly Price Total Monthly Price New
    Base Rent$1,040 - $1,415
    Required Monthly Fees$78 - $118
    Total Monthly Price$1,118 - $1,533

    Treehouse

    5701 Pony Farm Dr, Richmond, VA 23227
    (804) 409-0561
  5. Discounts
    |
    1 BED
    $1,173
    Total Monthly Price Total Monthly Price New
    Base Rent$1,045 - $1,605
    Required Monthly Fees$128 - $163
    Total Monthly Price$1,173 - $1,768
    - 1 Month Lease

    404 Rivertowne Apartment Homes

    402 Westover Hills Blvd, Richmond, VA 23225
    (804) 999-5115
  6. Exceptional Value
    1 BED
    $1,170
    Total Monthly Price Total Monthly Price New
    Base Rent$1,085 - $1,255
    Required Monthly Fees$85
    Total Monthly Price$1,170 - $1,340

    Carriage Club Apartments

    7098 Fernwood St, Richmond, VA 23228
    (804) 944-8832
  7. Price Drop. $227 Off
    STUDIO
    $1,082+
    1 BED
    $1,111+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,070 - $1,099
    Required Monthly Fees$12
    Total Monthly Price$1,082 - $1,111
    - 12 Month Lease

    Coliseum Lofts

    1335-1387 W Broad St, Richmond, VA 23220
    (804) 781-9153
  8. 1 BED
    $1,200+
    2 BEDS
    $1,183+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,183 - $1,602
    Required Monthly FeesNone
    Total Monthly Price$1,183 - $1,602

    Staples Mill Townhomes

    4100-A Townhouse Rd, Richmond, VA 23228
    (804) 409-9966
  9. 1 BED
    $1,195
    Total Monthly Price Total Monthly Price New
    Base Rent$1,195
    Required Monthly FeesNone
    Total Monthly Price$1,195
    - 12 Month Lease

    2 E Broad St

    2 E Broad St, Richmond, VA 23219
    (804) 655-0989
  10. 1 BED
    $1,249
    Total Monthly Price Total Monthly Price New
    Base Rent$1,099
    Required Monthly Fees$150
    Total Monthly Price$1,249
    - 12 Month Lease

    The Shockoe Collection

    104 Shockoe Slip, Richmond, VA 23219
    (804) 412-8970
Showing 42 of 222 results, Page 1 of 6

Living & Renting in Richmond

Richmond at a Glance

Average Rent

$1,407
(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
26

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Richmond
53

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Richmond

Richmond, VA Apartments for Rent

Richmond serves as Virginia's capital city, sitting right at the James River's fall line where Thomas Jefferson designed the iconic State Capitol building. If you're searching for apartments for rent in Richmond, you'll discover a city that beautifully balances colonial architecture with modern living, offering everything from converted historic rowhouses in The Fan district to contemporary apartment communities in Scott's Addition.

Renting in Richmond gives you access to neighborhoods that fit different lifestyles and budgets. The Fan and Carytown feature walkable streets packed with local shops, restaurants, and art galleries, while areas like Shockoe Bottom put you close to nightlife and entertainment venues. Located at the crossroads of Interstates 95 and 64, the city makes commuting easy, and the GRTC public transit system connects residents throughout the metro area. With Virginia Commonwealth University and the University of Richmond nearby, the city draws both students and professionals, while the James River Park System delivers outdoor adventures including hiking trails and whitewater rafting just minutes from downtown apartment communities.

Why Richmond?

  • Richmond is consistently ranked among the Best Places to Live and Work in America by several publications
  • Richmond is home to several colleges and universities including the University of Richmond and Virginia Commonwealth University
  • Richmond is within a two-hour drive of the mountains, the ocean, and Washington, DC
  • The city has a thriving dining, nightlife, and arts scene
  • The city has 30 breweries and many have gained national attention
  • There are multiple festivals and events held year round like HeART & Soul Brewfest and Filthy 5K-Ish Mud Run

Renting in Richmond

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Richmond

(For 1 bedroom apartments)

Getting Around Richmond

Transportation

59

Somewhat Walkable

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
53

Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
26

Some Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Score

Education

VCU
Public University
Private University
Private University
GreatSchools Rating

Public High School

Public
Grades 9-12
200 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
183 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
1,773 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
1,860 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
825 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
1,072 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
1,003 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
453 Students

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

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