Cheap Apartments for Rent in the Newtowne West Neighborhood of Richmond, VA from $500 (211 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Newtowne West area of Richmond.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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

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property at 1144 W Grace St

1144 W Grace St

RichmondVA23220

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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Newtowne West, Richmond, VA Local Guide

Cheapest Available Newtowne West Apartments for Rent

 

The cheapest available apartment rental in the Newtowne West area of Richmond, VA is a 1 Bed unit found at Bloom Apartments II priced from $899. Towers on Franklin has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Newtowne West apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Bloom Apartments II1Bed/1Bath: 456 sq ft1BR,1BA$899
Towers on FranklinHarrisonStudio,1BA$900
The AttainGranby1BR,1BA$940
North Oak ApartmentsOne Bedroom1BR,1BA$965
Van de VyverThe ReserveStudio,1BA$998
Eagle Mill Lofts1 bed 1bth1BR,1BA$1,000
Jefferson Townhouses1X11BR,1BA$1,000
The Mezzo LoftsMontage Gallery - StudiosStudio,1BA$1,041
Cedar BroadA2b1BR,1BA$1,045

Best Value Apartments for Rent in Newtowne West, VA

As of December 16, 2025 the best value apartment in the Newtowne West area is the $1.36 price per square foot The Overbrook Model at The Westbrook Townhomes at Brewers Row in the in the Bellevue neighborhood starting from $3,755. The second greatest value Newtowne West apartment is the Downtown Double Suite Model at The Berkshire starting at $2,700 with a $1.45 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Newtowne West apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Westbrook Townhomes at Brewers RowThe Overbrook3BR,2.5BA$1.36
The BerkshireDowntown Double Suite2BR,2BA$1.45
Broadway ApartmentsTwo Bed Two Bath2BR,2BA$1.07
Lofts and Upper Lofts at Canal Walk - Canal I and Canal IICanal 236 2 BedsStudio ,1BA$1.22
Jackson Street Lofts3BR/3.0BA3BR,3BA$1.47
Raven PlaceB1.12BR,2BA$1.47
209 E Main StUnit 208A2BR,1BA$1.36
Lofts and Upper Lofts at Canal Walk IIIOne Bedroom1BR,1BA$1.23
Marshall Street Apartments1BR/1.0BA1BR,1BA$1.25
South Arthur1/11BR,1BA$1.41

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.

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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.

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The Ultimate Renter's Guide for Finding the Perfect Student Friendly Richmond Neighborhood to Rent

Learn about the best neighborhoods for student renters near Richmond Colleges and Universities by our Local Expert Richard Corrigan

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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.

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Pet Friendly Lifestyle
Newtowne West, Richmond, VA

Ranked #5

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Richmond. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Newtowne West Apartments

What is a cheap apartment in Newtowne West?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Newtowne West is under $1,045.

What is the price of a cheap apartment in Newtowne West?

The cheapest apartment in Newtowne West is Bloom Apartments II which is listed at $899, while the average apartment in Newtowne West costs $2,086.

What types of apartments are the cheapest in Newtowne West?

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 284 regular apartments in Newtowne West 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 Newtowne West?

Cheap apartments in Newtowne West have an average cost of $586 which is $1,500 cheaper than the average rent for all rentals in Newtowne West.

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

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A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA

Written by: Richard Corrigan

Richmond is rightly considered one of the best places to live on the East Coast. We love Richmond’s rich history, phenomenal culinary scene, unique art and culture, and its next-level parks and green spaces.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!