Cheap Homes for Rent in Riverwood Neighborhood of Arlington, VA from $1,200 (21 Rentals)

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Search the lowest-cost Homes available for rent right now in the Riverwood area of Arlington.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 1301 N Ode St

1301 N Ode St

ArlingtonVA22209

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.

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Riverwood, Arlington, VA Local Guide

Cheapest Available Riverwood Apartments for Rent

 

The cheapest available apartment rental in the Riverwood area of Washington, VA is a Studio unit found at Key Boulevard priced from $1,099. Morene Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,120. Here are the most affordable Riverwood apartments for rent in Washington, VA:

Apartment ListingModel NameBed/BathPriced From
Key BoulevardStudioStudio,1BA$1,099
Morene Apartments1 Bedroom1BR,1BA$1,120
The Palisade ApartmentsOne BedroomStudio,1BA$1,375
The LarkspurOne Bedroom1BR,1BA$1,567
Idaho TerraceStudioStudio,1BA$1,595

Best Value Apartments for Rent in Riverwood, VA

As of June 29, 2025 the best value apartment in the Riverwood area is the $2.15 price per square foot L1 Model at Garfield Park in the in the Maywood neighborhood starting from $4,813. The second greatest value Riverwood apartment is the 2x2 Model at 4000 Massachusetts starting at $2,900 with a $2.29 price per square foot in the Spring Valley neighborhood. Here is today’s list of the best values for Riverwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Garfield ParkL11BR,2BA$2.15
4000 Massachusetts2x22BR,2BA$2.29
Morene Apartments2 Bedroom2BR,2BA$1.61
Lyon Village2 Bedrooms2BR,1BA$2.29
Terwilliger Place2 Bedroom, 1.5 Bath2BR,1.5BA$1.76
Moshovitis - 2213 40th Place1BR1BR,1BA$2.11
Fisher House Apartments2C 60%2BR,1BA$2.09
2228 40th Pl NW, Unit Apt#12228 40th Pl NW1BR,1BA$2.44
The Palisade ApartmentsOne Bedroom1BR,1BA$2.13
The LarkspurOne Bedroom1BR,1BA$2.40

Quick Rent Budget Calculator

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Frequently Asked Questions about Riverwood

What type of rentals are currently available in Riverwood?

There are currently 684 Apartments for Rent in Riverwood, VA with pricing that ranges from $1,150 to $21,089. There are also 208 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverwood ranging from $1,250 to $23,750.

What is the current price range for Rental Homes in Riverwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverwood ranges from $1,250 to $23,750 with an average monthly rent of $6,460.

How much are larger Three and Four Bedroom Rentals in Riverwood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Riverwood range from $2,158 to $21,089, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,400 to $11,500. Four Bedroom Single-Family rentals are also available starting from $4,200 and Four Bedroom Apartments start at $5,550.

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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A Washington DC Local Expert's Guide to Top Affordable Neighborhoods for Renters in the DC Metro

Written by: Steve Lilly

I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.