Apartments Under $1,200 in Richmond, VA: November Rental Information
Welcome to the November 2026 Richmond Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2026 key findings and figures for the Richmond rental landscape.
Our experts analyze the inventory trends for apartments under $1,200 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Richmond and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $1,200 in Richmond. Whether you’re searching for a cozy studio or a spacious two-bedroom, this report aims to provide you with valuable information to help you find the perfect apartment within your budget.
This month, the typical cost to rent a one-bedroom apartment in Richmond stands at $1,390, with the majority falling between $1,000 and $1,800. Out of the 8,126 one-bedroom apartments currently on the market in Richmond, 1,665 are priced below $1,200, accounting for 20% of the total available one-bedroom units in Richmond.
Available Apartments Under $1,200: Richmond vs. Surrounding Areas
Richmond, VA
Petersburg, VA
Hopewell, VA
South Prince George, VA
South Chesterfield, VA
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In the month of November 2026, renters searching for apartments under $1,200 in Richmond, VA have plenty of options. According to the chart above, there are 169 available apartments within this price range in the Richmond metro area. In addition to Richmond, prospective renters can also explore neighboring cities such as Ashland, Colonial Heights, Hopewell, Petersburg, Chester, Glen Allen, Goochland, Gum Spring, Highland Springs, Mechanicsville, Midlothian, Moseley, N Chesterfield, New Kent, Providence Forge, Qunton, Ruther Glen, Church Road, Henrico, Chesterfield, Aylett, South Chesterfield, Eastern Henrico, South Prince George, Manakin Sabot, Hanover, and Henrico Va 23231 for more choices within their budget. Whether you're looking for a cozy studio or a spacious two-bedroom, Rentable offers a variety of affordable options to suit your needs.
Apartments Under $1,200 Now vs. Last Month: Richmond and Surrounding Areas