Cheap Apartments for Rent in Downtown Richmond
-
Rent SpecialPlus Fees - 11 Month Lease1 BED$1,339+2 BEDS$939+3 BEDS$819+4 BEDS$729+
-
-
Rent SpecialTotal Monthly Price Total Monthly Price New1 BED, 1 BATH$750Base Rent$750Required Monthly FeesNoneTotal Monthly Price$750- 12 Month Lease603 Chamberlayne Pky
603 Chamberlayne Pky, Richmond, VA 23220 -
Exceptional ValuePlus Fees - 12 Month Lease3 BEDS$810Chesterfield Apartments
900 W Franklin St, Richmond, VA 23220 -
Discounts -
Exceptional ValuePlus Fees2 BEDS$900+4 BEDS$890+5 BEDS$820+Liberty Circle Apartments
1600 Monument Ave, Richmond, VA 23220 -
Total Monthly Price Total Monthly Price New1 BED$1,199+2 BEDS$1,551+Base Rent$825 - $1,879Required Monthly Fees$187Total Monthly Price$1,199 - $2,066Dill Building
2020 E Franklin St, Richmond, VA 23223 -
Exceptional Value|Total Monthly Price Total Monthly Price New1 BED$1,069+2 BEDS$1,512+3 BEDS$2,318+Base Rent$827 - $2,405Required Monthly Fees$70Total Monthly Price$1,069 - $2,459
American Tobacco Collection
119-121 N 20th St, Richmond, VA 23223 -
Total Monthly Price Total Monthly Price New1 BED$974+2 BEDS$1,749+Base Rent$852 - $1,985Required Monthly Fees$122Total Monthly Price$974 - $2,107Shockoe Center
1900 E Franklin St, Richmond, VA 23223 -
Rent SpecialPlus Fees - 11 Month LeaseSTUDIO$1,560+1 BED$1,620+2 BEDS$1,215+4 BEDS$935+Ascend Richmond
1600 W Broad St, Richmond, VA 23220 -
Price Drop. $150 Off|Plus Fees - 12 Month LeaseSTUDIO$1,000+1 BED$950+2 BEDS$950+3 BEDS$1,695+
Eagle Mill Lofts
1418 W Marshall St, Richmond, VA 23220 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$950Base Rent$950Required Monthly FeesNoneTotal Monthly Price$9501017 W Leigh St Unit Apt #1st Fl
1017 W Leigh St, Richmond, VA 23220 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$950Base Rent$950Required Monthly FeesNoneTotal Monthly Price$9501019 W Leigh St Unit Apt #1st Fl
1019 W Leigh St, Richmond, VA 23220 -
Exceptional ValueTotal Monthly Price Total Monthly Price New1 BED$1,067+2 BEDS$1,792+3 BEDS$2,091+Base Rent$975 - $1,999Required Monthly Fees$92Utilities & EssentialsVariesTotal Monthly Price$1,067 - $2,091
The Masonry Apartments
2001 E Franklin St, Richmond, VA 23223 -
Good ValueTotal Monthly Price Total Monthly Price NewSTUDIO$1,125+1 BED$1,230+2 BEDS$2,025+Base Rent$990 - $1,894Required Monthly Fees$135Total Monthly Price$1,125 - $2,029- 12 Month Lease
Towers on Franklin
104 W Franklin St, Richmond, VA 23220 -
Price Drop. $505 OffPlus Fees - 12 Month LeaseSTUDIO$995+1 BED$1,295+2 BEDS$1,595+
The Hill Building
114 Virginia St, Richmond, VA 23219 -
Good ValuePlus Fees - 12 Month LeaseSTUDIO$998+1 BED$1,155+2 BEDS$1,342+Van de Vyver
713 N 1st St, Richmond, VA 23219 -
Rent SpecialTotal Monthly Price Total Monthly Price New1 BED, 1.5 BATHS$999Base Rent$999Required Monthly FeesNoneTotal Monthly Price$999- 12 Month Lease1130 W Grace St
1130 W Grace St, Richmond, VA 23220 -
Plus Fees - 12 Month Lease1 BED$1,000+2 BEDS$1,225+3 BEDS$1,395+4 BEDS$1,620+
Jefferson Townhouses
1951 Venable St, Richmond, VA 23223 -
-
DiscountsTotal Monthly Price Total Monthly Price New1 BED$1,107+2 BEDS$1,587+Base Rent$1,015 - $1,545Required Monthly Fees$92Utilities & EssentialsVariesTotal Monthly Price$1,107 - $1,637Old Stone Row
2005 E Franklin St, Richmond, VA 23223 -
Plus Fees - 12 Month Lease1 BED$1,028+2 BEDS$1,586+Kensington, Patterson Place and Grove Ave
3502 Kensington Ave, Richmond, VA 23221 -
Total Monthly Price Total Monthly Price New1 BED$1,222+2 BEDS$1,480+3 BEDS$2,011+Base Rent$1,045 - $1,834Required Monthly Fees$152 - $177Total Monthly Price$1,222 - $2,011Cedar Broad
1820 E Broad St, Richmond, VA 23223 -
-
-
-
Good ValuePlus Fees1 BED$1,061+2 BEDS$1,691+3 BEDS$2,079+The Berkshire
300 W Franklin St, Richmond, VA 23220 -
Plus FeesSTUDIO$1,063+1 BED$1,257+Lofts and Upper Lofts at Canal Walk - Canal I and Canal II
1900 E Cary St, Richmond, VA 23223 -
|Plus FeesSTUDIO$1,079+1 BED$1,300+2 BEDS$1,943+
Residences at the John Marshall
101 N 5th St, Richmond, VA 23219 -
Rent Special|
-
Rent SpecialTotal Monthly Price Total Monthly Price NewSTUDIO$1,105+1 BED$1,393+2 BEDS$1,512+3 BEDS$2,502+Base Rent$1,092 - $2,869Required Monthly Fees$13Total Monthly Price$1,105 - $2,882- 12 Month Lease
Coliseum Lofts
1335-1387 W Broad St, Richmond, VA 23220 -
-
-
Rent SpecialPlus Fees - 12 Month Lease2 BEDS$1,500+3 BEDS$1,810+The Altamont
1620 Altamont Ave, Richmond, VA 23230 -
Total Monthly Price Total Monthly Price New1 BED$1,249+2 BEDS$1,549+3 BEDS$2,549+Base Rent$1,099 - $2,399Required Monthly Fees$150Total Monthly Price$1,249 - $2,549- 12 Month Lease
The Shockoe Collection
104 Shockoe Slip, Richmond, VA 23219 -
Call for Rent408-410 Dobson St
408-410 Dobson St, Richmond, VA 23220 -
1 Month Free -
Price Drop. $294 OffPlus FeesSTUDIO$1,261+1 BED$1,100+2 BEDS$1,304+3 BEDS$2,244+
The Attain
1903 E Marshall St, Richmond, VA 23223 -
Total Monthly Price Total Monthly Price New1 BED$1,100+2 BEDS$1,600+Base Rent$1,100 - $1,700Utilities & EssentialsVariesTotal Monthly Price$1,100 - $1,700- 12 Month Lease209 E Main St
209 E Main St, Richmond, VA 23219 -
Price Drop. $271 OffPlus FeesSTUDIO$1,102+1 BED$1,264+2 BEDS$1,451+3 BEDS$2,381+
The Mezzo Lofts
17 W Broad St, Richmond, VA 23220 -
Good Value -
Call for RentThe Jackson on Broad
20-22 E Broad St, Richmond, VA 23219
Richmond at a Glance
Cheap Apartments in Downtown Richmond Neighborhood in Richmond, VA
When looking for cheap apartments in Downtown 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 Downtown 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 299 cheap apartments available in Downtown Richmond, Apartment Finder is the place to find your next rental.
Top Budget-Friendly Neighborhoods in Richmond
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Blackwell 553 Sq Ft $1,056/mo
- Elkhardt 660 Sq Ft $1,081/mo
- Fairmount 722 Sq Ft $1,135/mo
- Worthington 690 Sq Ft $1,138/mo
- Cedarhurst 656 Sq Ft $1,150/mo
- Ginter Park 588 Sq Ft $1,191/mo
- Rosedale 650 Sq Ft $1,197/mo
- British Camp Farms 674 Sq Ft $1,227/mo
- Piney Knolls 674 Sq Ft $1,227/mo
- Northrop 647 Sq Ft $1,266/mo
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
Select Bedrooms
Specialty Housing
Submitting Request
Thank You
About Our Deals
Apartment Finder utilizes the industry's largest and most complete database of real-time rents and availabilities to help you find an amazing deal on your next rental.
Price Drop
Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.