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Apartments Under $500 in Richmond, VA

1 - 2 of 2 Results
7
$ Ask - 963
Richfield Place Apartments
6001 Grammarcy Circle Richmond, VA
1 - 2 BR | Available Now
Contact
Income Restricted
Section 8
Balcony/Deck/Patio
Storage
Dishwasher
16
$ Ask - 1,425
Perry Place Apartments
815 Perry Street Richmond, VA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
In Unit Laundry
Balcony/Deck/Patio
1 - 2 of 2 Results

All Apartments in Richmond, VA

30 Results
2
$1,360
Amber Ridge Apartments ~ Boutique Cottage Style Living Meets Hassle Free Leasing
4.2
5601 Goldthread Ln Richmond, VA
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
15
$1,949
Richmond - W. Broad Street - Glenside - South
6811 Paragon Pl Richmond, VA
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
18
$2,219
North Chesterfield - Arboretum
241 Arboretum Pl Richmond, VA
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
23
$2,277
Richmond - W. Broad Street - Glenside - North
6807 Paragon Pl Richmond, VA
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
26
$750
Venable St
Richmond, VA
1 BR | Ask for Availability
Contact
Church Hill North
19
$852
Dill Ave
Richmond, VA
1 BR | Ask for Availability
Contact
12
$1,370
The Park at Ridgedale - 55+ Senior Living
5001 Ridgedale Pkwy Richmond, VA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
6
$1,454 - 2,059
Artisan Hill
Artisan Hill Apartments 1021 Carlisle Ave Richmond, VA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
8
$1,395 - 1,595
512 Hull St
Richmond, VA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
6
$1,095 - 1,450
Main 2323 Mt, Llc
2323 E Main St Richmond, VA
Studio - 1 BR | Available Now
Contact
Storage
Disability Access
5
$1,095 - 1,395
Portrva, Llc
500 Hull St Richmond, VA
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Storage
Disability Access
1
$1,900
2 Br / 2.5 Ba Condo On Forest Hill. Pets Considered. Available Now!
5563 Forest Hill Ave Richmond, VA
2 BR | Jul. 24, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony/Deck/Patio
5
$1,475
Stockton Lofts Apt 24
360 Stockton St Richmond, VA
1 BR | Jul. 13, 2026
Contact
Dog Friendly
Cat Friendly
1
$1,350 - 1,520
Grove4213
4213 Grove Ave Richmond, VA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
1
$1,399 - 1,425
18th Street Lofts
1711 E Main St Richmond, VA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
St. John's Church
1
$1,195 - 1,395
The Paper Company, Llc
203 Hull St Richmond, VA
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
5
$1,725
Stockton Lofts #10
360 Stockton St Richmond, VA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,449 - 1,549
18th Street Lofts
1809 E Franklin St Richmond, VA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
St. John's Church
5
$1,325
Stockton Lofts #29
360 Stockton St Richmond, VA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
0
$1,349
One Bedroom In Historic Downtown Richmond
1809 E Franklin St Richmond, VA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
St. John's Church
1
$2,399
1422 Bainbridge St
Richmond, VA
2 BR | Jun. 12, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
Blackwell
1
$1,395
16 S Brunswick St
Richmond, VA
2 BR | Available Now
Contact
Dishwasher
16
$1,050 - 1,305
Mallard Greens
Mallard Greens Townhomes 2852 Fairfield Ave Richmond, VA
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
14
$3,800
704 W Clay St
Richmond, VA
5 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
12
$3,599
301 S Pine St
Richmond, VA
4 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
11
$2,800
1120 S Randolph St
Richmond, VA
4 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
27
$3,249
312 W Leigh St
Richmond, VA
5 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
22
$2,900
1504 Claiborne St
Richmond, VA
4 BR | Jul. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
9
$2,750
23 S Morris St
Richmond, VA
3 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
70
$1,305 - 1,626
Park West End
Deal
5300 Glenside Dr Richmond, VA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
  1. Home
  2. Richmond
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Richmond, VA on Rentable.co?

There are 2 apartments under $500 in Richmond currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Richmond?

Rentable.co has 7 studio apartments under $500 available for rent in Richmond.

How many one-bedroom apartments under $500 are available in Richmond?

Rentable.co has 56 one-bedroom apartments under $500 available for rent in Richmond.

How many two-bedroom apartments under $500 are available in Richmond?

Rentable.co has 114 two-bedroom apartments under $500 available for rent in Richmond.

Which neighborhoods have the most apartments under $500 for rent in Richmond, VA?

  1. Downtown Richmond
  2. Carver

Apartments Under $500 in Richmond, VA: May Rental Information

Welcome to the May 2026 Richmond Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Richmond rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Richmond and surrounding areas. This summary also provides an insight into available features and amenities, as well as location options for apartments under $500 in Richmond. Whether you're a student looking for affordable housing or a budget-conscious renter, this report will give you a comprehensive overview of the rental market in Richmond.
0 20 40 60 80 <$1,100 $1,120 $1,160 $1,200 $1,240 $1,280 $1,320 $1,360 $1,400 $1,440 $1,480 $1,520 $1,560 $1,600 $1,640 $1,680 $1,720 $1,760 $1,800 $1,840 $1,880

Available Apartments Under $500: Richmond vs. Surrounding Areas

Richmond, VA
3
In the chart above, you will find the number of available apartments in Richmond, VA and surrounding cities priced under $500 as of May, 2026. The surrounding cities included in this data are 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. This chart provides a snapshot of the current inventory of affordable apartments in the Richmond, VA metro area, giving prospective renters an idea of the rental options available in this price range. With a total inventory of 5, renters can utilize this information to find affordable housing options that suit their budget in and around Richmond, Virginia.

Apartments Under $500 Now vs. Last Month: Richmond and Surrounding Areas

City Apartments Under $500 in May M/M % Change
Richmond, VA 4 +1.04%
Glen Allen, VA 1 +1.0%
Midlothian, VA 1 +1.0%
Qunton, VA 1 +0.5%

Looking for Apartments Under $500 in Richmond?

Available apartments under $500 247
Top amenities Storage, On Site Laundry, Refrigerator, Range / Oven, Microwave
Pet friendly 4
1 Bedroom 5
2 Bedroom 10
3 Bedroom 11
Square footage 736 - 1,234
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