Cheap 3 Bedroom Apartments for Rent in the Riverwood Neighborhood of Arlington, VA from $2,158 (1 Rental)
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Riverwood, Arlington, VA Local Guide

How much does it cost to rent an apartment in Riverwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Riverwood Studio Apartments | $2,295 | $1,300 | $6,588 |
Riverwood 1 Bedroom Apartments | $2,924 | $1,365 | $9,267 |
Riverwood 2 Bedroom Apartments | $4,308 | $1,655 | $10,000+ |
Riverwood 3 Bedroom Apartments | $5,568 | $2,158 | $10,000+ |
Riverwood 4 Bedroom Apartments | $6,460 | $3,600 | $8,712 |
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Riverwood, Arlington, VA Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Getting Around the Riverwood Neighborhood in Arlington, VA
Walk Score®
6 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
55 / 100
Bikeable
Some bike infrastructure
Transit Score®
36 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Riverwood Apartments
What is a cheap apartment in Riverwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverwood is under $1,567.
What is the price of a cheap apartment in Riverwood?
The cheapest apartment in Riverwood is J Luna at Ballston which is listed at $5,890, while the average apartment in Riverwood costs $9,950.
What types of apartments are the cheapest in Riverwood?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 83 regular apartments in Riverwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Riverwood?
Cheap apartments in Riverwood have an average cost of $369 which is $9,581 cheaper than the average rent for all rentals in Riverwood.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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