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cheap apartments
Last updated June 3 2020 at 12:09 AM

37 Cheap Apartments for rent in Richmond, VA

Verified
Last updated June 3 at 12:08am
Shockoe Bottom
78 Units Available
American Cigar Lofts
2300 E Cary St, Richmond, VA
1 Bedroom
$900
882 sqft
2 Bedrooms
$852
1189 sqft
3 Bedrooms
Ask
A short walk from Libby Hill Park and Great Shiplock Park. Converted American Cigar building with pool, courtyard, conference room and game room. Homes include modern kitchen, ice maker, private laundry facilities and carpet.
Verified
Last updated June 2 at 09:26pm
Shockoe Bottom
9 Units Available
Shockoe Center Apartments
1900 E Franklin St, Richmond, VA
1 Bedroom
$674
631 sqft
2 Bedrooms
$1,150
1112 sqft
Located in a historic building within walking distance to Church Hill shops. Apartments with original architectural features in a community boasting a cyber cafe, cardio center and rooftop pool with downtown Richmond views.
Verified
Last updated June 2 at 09:17pm
Midlothian
3 Units Available
Woodbriar Apartments
621 Warwick Village Dr, Richmond, VA
1 Bedroom
Ask
2 Bedrooms
$869
822 sqft
Woodbriar Apartments, in Richmond, Virginia is conveniently located in a quiet neighborhood only minutes from Downtown Richmond.
Verified
Last updated June 2 at 09:17pm
Jahnke
13 Units Available
The Crossings at Bramblewood
1401 Yellowpine Cir, Richmond, VA
1 Bedroom
$814
675 sqft
2 Bedrooms
$909
947 sqft
3 Bedrooms
$1,158
1203 sqft
***At this time, we are conducting tours by appointment only. Please call/text or email to request a tour.
Verified
Last updated June 2 at 09:18pm
$
20 Units Available
11 North at White Oak
11 N Laburnum Ave, Richmond, VA
2 Bedrooms
$839
784 sqft
Just minutes from downtown and VCU, and only five miles from Richmond International Airport, these comfortable units offer stunning amenities like updated kitchens, modern flooring, large closets and extended living spaces.
Verified
Last updated June 2 at 10:34am
Brookhaven Farms
1 Unit Available
Manchester Lake
2208 Mandalay Dr, Richmond, VA
2 Bedrooms
$760
900 sqft
Due to COVID-19 precautions, we are only open via phone, email, and resident portal until further notice.
Verified
Last updated June 2 at 10:34am
Piney Knolls
2 Units Available
Timbercreek Apartment Homes
2200 Chateau Dr, Richmond, VA
2 Bedrooms
$750
793 sqft
*Due to COVID-19 precautions, we are only open via phone, email, and resident portal until further notice.*
Verified
Last updated June 2 at 09:18pm
2 Units Available
Saddlewood
3801 Elfstone Ln, Richmond, VA
Studio
$755
288 sqft
1 Bedroom
Ask
2 Bedrooms
Ask
Minutes away from downtown Richmond, these homes feature fenced patios, plush carpeting and extra storage space. The pet-friendly community has laundry facilities and a swimming pool, among other amenities.
Verified
Last updated June 2 at 09:18pm
South Garden
2 Units Available
Rock Creek Apartments
2830 Broad Rock Blvd, Richmond, VA
1 Bedroom
$877
705 sqft
2 Bedrooms
$857
855 sqft
Nestled in a quiet area of Richmond, VA, Rock Creek is a beautifully renovated apartment community with plenty of charm and amenities.
Verified
Last updated May 12 at 10:37am
Carver
50 Units Available
Biggs Building
900 W Marshall St, Richmond, VA
Studio
$875
646 sqft
1 Bedroom
$865
491 sqft
2 Bedrooms
$1,175
856 sqft
Find studio, 1, 2 and 3 bedroom apartments for rent at Biggs Building in Richmond. View photos, descriptions and more!
Verified
Last updated June 2 at 09:18pm
3 Units Available
The Shannon Townhomes
628 Windomere Ave, Richmond, VA
1 Bedroom
$828
650 sqft
2 Bedrooms
$943
850 sqft
3 Bedrooms
Ask
Tucked away along beautiful, tree-lined streets; The Shannon Townhomes offers the best of both worlds in Richmond. Experience our neighborhood charm while taking advantage of our convenient location.
Verified
Last updated May 28 at 11:11pm
Swansboro West
Contact for Availability
Forest Square Apartments
3202 Midlothian Turnpike, Richmond, VA
2 Bedrooms
$749
715 sqft
Our Mission is Simple: To Provide a good value in an apartment we’d live in too. Eight minutes to downtown, near Forest Hill Park and Cross Roads Coffee.
Verified
Last updated May 28 at 11:09pm
Piney Knolls
Contact for Availability
Brookmont
3238 Broad Rock Blvd, Richmond, VA
2 Bedrooms
$854
830 sqft
Brookmont Apartments is located on the South Side of Richmond just minutes away from downtown and major interstates. Enjoy the convenience of our 24 hour on-site laundry facility and our fully-equipped kitchens.
Last updated June 2 at 09:38am
North Highland Park
1 Unit Available
1511 Front St
1511 Front Street, Richmond, VA
2 Bedrooms
$750
900 sqft
Available 06/15/20 Available June 15 Please stop by the leasing office at 3209 Ellwood Ave to reserve 2 bedroom 1 bathroom house -living room -stove and fridge included -washer and dryer hookups -fenced in backyard -front porch -great
Last updated June 2 at 09:38am
The Fan
1 Unit Available
1103 W Franklin St
1103 West Franklin Street, Richmond, VA
Studio
$750
Reserve this unit today with $200 down, feel free to stop by the leasing office at 3209 Ellwood Ave Studio Apartment -2nd floor unit -hardwood floors -central heat and air -kitchen appliances included -good size space -walk in closet -secure
Last updated June 2 at 09:37am
Highland Park Southern Tip
1 Unit Available
2016 4th Ave
2016 4th Avenue, Richmond, VA
3 Bedrooms
$795
Available April 2020 Please come into the leasing office at 1701 Colorado Ave Richmond VA Reserve this apartment with just $200 down 3 bedroom 1 bathroom apartment -living room -kitchen appliances included -good size bedrooms -closet space -fenced
Last updated June 2 at 09:37am
John Marshall
1 Unit Available
4219 Chamberlayne Ave
4219 Chamberlayne Avenue, Richmond, VA
2 Bedrooms
$795
Please stop by the leasing office to apply : 1701 Colorado Ave Richmond 2 bedroom 1 bathroom apartment -HUGE living room -hardwood floors -off street parking -yard -2 good size bedrooms with closets -dining room -eat in kitchen -porch Reserve a
Last updated June 2 at 09:37am
Carytown
1 Unit Available
3211 Ellwood Ave
3211 Ellwood Avenue, Richmond, VA
1 Bedroom
$795
OPEN HOUSE Tuesday 1/7/20 5-5:30 Bring $200 to reserve this unit 3211 Ellwood Ave.
Last updated June 2 at 09:37am
Fulton Hill
1 Unit Available
1213 Nelson St
1213 Nelson Street, Richmond, VA
2 Bedrooms
$750
Please come into the office to apply located at : 1701 Colorado Ave Richmond VA Reserve a unit today with just $199 AMAZING DEAL! Move in TODAY with just $499.
Last updated June 2 at 09:37am
Ginter Park
1 Unit Available
3012 Chamberlayne Ave
3012 Chamberlayne Avenue, Richmond, VA
Studio
Ask
1 Bedroom
$650
Please come int to apply , the leasing office is located at 1701 Colorado Ave Richmond VA 1 bedroom 1 bathroom apartment -water trash sewage included -HEAT INCLUDED -large living room -balcony -New kitchen -appliances included -washer and dryer in
Last updated June 2 at 09:37am
Brookland Park
1 Unit Available
3209 Hanes Ave
3209 Hanes Avenue, Richmond, VA
2 Bedrooms
$800
Available August 2020 Please come into the leasing office for assistance : 1701 Colorado Ave Richmond 2 bedroom 1 bathroom duplex -hardwood floors throughout -HUGE living room -dining room -balcony -storage -good size bedrooms -washer Reserve
Last updated June 2 at 09:37am
Northern Barton Heights
1 Unit Available
2818 Hanes Ave
2818 Hanes Avenue, Richmond, VA
2 Bedrooms
$750
2818 Hanes Ave 2 bedroom 1 bathroom apartment -central heat and air -wall to wall carpet -backyard -living room / dining room -balcony -large bedrooms -kitchen appliances included Please come into 1701 Colorado Ave to apply (RLNE4997684)
Last updated June 2 at 09:37am
John Marshall
1 Unit Available
4217 Chamberlayne Ave
4217 Chamberlayne Avenue, Richmond, VA
2 Bedrooms
$795
4217 Chamberlayne Please come into 1701 Colorado Ave leasing office to apply.
Last updated June 2 at 09:37am
Ginter Park
1 Unit Available
4900 Chamberlayne Ave, Unit B
4900 Chamberlayne Avenue, Richmond, VA
2 Bedrooms
$850
1100 sqft
2 Bedroom and 1 Full Bath - Unit B - North Ginter Park - $850 P/Month - Beautiful UpStairs Unit Available with 2 Bedrooms and 1 Large Full Bath with Balcony. Property has been Recently Renovated. New Kitchen with New Counter Tops.

June 2020 Richmond Rent Report

Welcome to the June 2020 Richmond Rent Report. Richmond rents remained steady over the past month. In this report, we'll evaluate trends in the Richmond rental market, including comparisons to cities throughout the state and nation.

View full Rent Report

June 2020 Richmond Rent Report

Welcome to the June 2020 Richmond Rent Report. Richmond rents remained steady over the past month. In this report, we'll evaluate trends in the Richmond rental market, including comparisons to cities throughout the state and nation.

Richmond rents held steady over the past month

Richmond rents have remained flat over the past month, however, they are up marginally by 0.9% year-over-year. Currently, median rents in Richmond stand at $910 for a one-bedroom apartment and $1,050 for a two-bedroom. Richmond's year-over-year rent growth leads the state average of 0.5%, as well as the national average of 0.8%.

    Rents rising across cities in Virginia

    Throughout the past year, rent increases have been occurring not just in the city of Richmond, but across the entire state. Of the largest 10 cities that we have data for in Virginia, 9 of them have seen prices rise. The state as a whole logged rent growth of 0.5% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

    • Looking throughout the state, Arlington is the most expensive of all Virginia's major cities, with a median two-bedroom rent of $2,127; of the 10 largest cities in the state that we have data for, Chesapeake, where a two-bedroom goes for $1,208, is the only major city to see rents fall year-over-year (-0.6%).
    • Portsmouth, Virginia Beach, and Roanoke have all experienced year-over-year growth above the state average (2.2%, 2.0%, and 1.9%, respectively).

    Richmond rents more affordable than many large cities nationwide

    As rents have increased marginally in Richmond, other large cities nationwide have seen rents grow more quickly. Richmond is still more affordable than most large cities across the country.

    • Richmond's median two-bedroom rent of $1,050 is below the national average of $1,194. Nationwide, rents have grown by 0.8% over the past year compared to the 0.9% rise in Richmond.
    • While Richmond's rents rose marginally over the past year, many cities nationwide saw decreases, including San Francisco (-1.0%), Atlanta (-0.8%), and Denver (-0.4%).
    • Renters will find more reasonable prices in Richmond than most large cities. For example, San Francisco has a median 2BR rent of $3,071, which is nearly three times the price in Richmond.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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