Apartments Under $1,000 in Richmond, VA: February Rental Information
Welcome to the February 2026 Richmond Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2026 key findings and figures for the Richmond rental landscape.
Our experts analyze the inventory trends for apartments under $1,000 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Richmond and surrounding areas. This summary also provides insights into available features and amenities, as well as location options for apartments under $1,000 in Richmond. Whether you're a student, young professional, or budget-conscious renter, this report aims to provide you with the information you need to find affordable rental options in Richmond.
This month, the typical cost to rent a one-bedroom apartment in Richmond stands at $1,450, with the majority falling between $1,090 and $1,880. Out of the 9,560 one-bedroom apartments currently on the market in Richmond, 178 are priced below $1,000, accounting for 2% of the total available one-bedroom units in Richmond.
Available Apartments Under $1,000: Richmond vs. Surrounding Areas