Cheap Homes for Rent in Oakwood, VA from $700 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Oakwood.

property at 470 Mink Pl

$950 - $985

Total Monthly Price

Total Monthly Price

Base Rent
$985

Total Monthly Price
$985

1 Bedroom Rentals

Available Now

470 Mink Pl

AbingdonVA24210
property at 837 Kentucky Ave SW

$1,013

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,013

Total Monthly Price
$1,013

4 Bedroom, 2 Bath Home for Rent

Available Now

837 Kentucky Ave SW

NortonVA24273

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 5907 Lee Hwy

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

5907 Lee Hwy

AtkinsVA24311
property at 180 Oakcrest Cir

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1.5 Bath Home for Rent

Available Now

180 Oakcrest Cir

BristolVA24201
property at 115 Second St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

3 Bedroom, 1 Bath Townhome for Rent

Available Mar 1

115 Second St

BristolVA24201
property at 121 Scenic Pk Pl

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

121 Scenic Pk Pl

BristolVA24201
property at 962 Beverly Dr

$1,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

962 Beverly Dr

AbingdonVA24210
property at 324 Grace St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 2 Bath Home for Rent

Available Now

324 Grace St

Glade SpringVA24340
property at 480 Mink Pl

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

Studio, 1 Bath Condo for Rent

Available Mar 29

480 Mink Pl

AbingdonVA24210

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.

Oakwood, VA Local Guide

Cheapest Available Oakwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Oakwood, VA is a 2 Beds unit found at The Place at Slate Creek priced from $800. Landings on Silverlake in the Town Of Kingsport neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here is today’s list of the most affordable Oakwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Place at Slate CreekTwo Bedroom2BR,2BA$800
Landings on Silverlake1 Bedroom 1 Bathroom - A11BR,1BA$899
Providence PlaceTwo Bedroom2BR,2BA$900
Twin Oaks Apartments2BR/1BA2BR,1BA$915
Holston View1 Bedroom 1 Bath1BR,1BA$925

Best Value Apartments for Rent in Oakwood, VA and Nearby

As of February 21, 2026 the best value apartment in the Oakwood area is the $1.14 price per square foot 3 Bedroom Townhome with Garage Model at The Villas at Island Road in the in the Outer Bristol neighborhood starting from $1,639. The second greatest value Oakwood apartment is the Pearson Model at Villas at North Park starting at $1,784 with a $1.26 price per square foot in the Town Of Kingsport neighborhood. Here is today’s list of the best values for Oakwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Villas at Island Road3 Bedroom Townhome with Garage3BR,2.5BA$1.14
Villas at North ParkPearson3BR,2.5BA$1.26
Fincastle Farms3BD-2.5BTH3BR,2.5BA$0.86
The Villas at River Bend2 Bedroom Townhome2BR,1.5BA$1.17
Promise Landing Apartments2 Bed 1.5 Bath 2 Levels - B22BR,1.5BA$1.05
Providence PlaceTwo Bedroom2BR,2BA$0.94
Kingsport Crossing2 bed x 2 bath2BR,2BA$1.20
Deer Run Apartments2 Bedroom2BR,1BA$1.25
Twin Oaks Apartments2BR/1BA2BR,1BA$1.07
The Place at Slate CreekTwo Bedroom2BR,2BA$0.99

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Oakwood, VA Rentals by Map

View Map
Oakwood, VA Apartments Map
View Map
Oakwood, VA Rental Homes Map

Frequently Asked Questions about Oakwood

What type of rentals are currently available in Oakwood?

There are currently 48 Apartments for Rent in Oakwood, VA with pricing that ranges from $475 to $3,106. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood ranging from $750 to $2,600.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakwood ranges from $750 to $2,600 with an average monthly rent of $1,576.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Oakwood range from $800 to $2,376, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,595. Four Bedroom Single-Family rentals are also available starting from $1,013 and Four Bedroom Apartments start at $1,799.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.