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Cheap Apartments for Rent in Richmond, VA - 60 Rentals available

Apartments Under $500

Apartments Under $700

Apartments Under $800

Apartments Under $900

Apartments Under $1,000


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Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RENTCafé, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Frequently Asked Questions

What is the price of a cheap apartment in Richmond, VA?

The price range of a cheap apartment is between $725 and $2,910. Find cheap apartments in Richmond, VA.

How many cheap rentals are available in Richmond, VA on RENTCafé?

There are 43 cheap rentals available on RENTCafé. Prices and availability in Richmond, VA were last updated on 1 Mar 2021.

What is the average size of a cheap apartment in Richmond, VA?

The average Richmond, VA cheap apartment size is 860 sq. ft.

What are the advantages of renting a cheap apartment in Richmond, VA?

Cheap apartments in Richmond, VA are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Richmond, VA?

A cheap apartment in Richmond, VA offers little storage space and fewer amenities compared to other apartments. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Richmond, VA.

Renting a Cheap Apartment in Richmond

Richmond is the capital city of Virginia and located on the beautiful James River. The history of Richmond dates back to the early days of the American colonies. The city’s River District is an especially popular place to enjoy restaurants, night life, and to find apartments for rent in Richmond. Richmond’s economy is driven by finance, law, advertising and biotech. The city has a strong art and museum culture, and there is an active underground music scene. Locals enjoy parks along the James River with trails for mountain biking, hiking and running and there are also beautiful recreation spots on islands in the river, Belle Isle and Brown’s Island, which are accessible by footbridge. Search a wide variety of apartments in Richmond, VA on RENTCafe, including 1, 2, and 3 bedroom apartments.

Richmond, VA Demographics

  • Total Population226,622
  • Female 107,430
    Male 119,192
  • Median Age34

Average Rent in Richmond, VA

  • Richmond, VA Average Rental Price, May 2019 $1,092 /mo

Richmond, VA Apartment Rent Ranges

  • $501-$7002%
  • $701-$1,00042%
  • $1,001-$1,50048%
  • $1,501-$2,0006%
  • > $2,0001%

Richmond, VA Households

  • Total Number of Households90,301
  • Family 39,981
    Non-family 50,320
  • Children 18,201
    No Children 72,100
  • Average People Per Household2.39
  • Median Household Income$47,250
  • Median Housing Costs Per Month$1,092

Richmond, VA Education Statistics

  • No High School5%
  • Some High School32%
  • Some College21%
  • Associate Degree5%
  • Bachelor Degree23%
  • Graduate Degree14%

Looking for a cheap apartment for rent in Richmond, VA? With RENTCafé, finding an affordable apartment in Richmond, VA has never been easier. We feature 60 low-priced rentals directly from property managers, with rents lower than the Richmond, VA average. What is a cheap rent in Richmond, VA? The average apartment rent in Richmond is $1,193 per month so any rental south of $954 would be considered cheap here. On RENTCafé, Richmond, VA rents go as low as $499/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!