Cheap Apartments for Rent in the Newtowne West Neighborhood of Richmond, VA from $400 (180 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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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 Studio unit found at Towers on Franklin priced from $850. Bloom Apartments II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Newtowne West apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Towers on FranklinHarrisonStudio,1BA$850
Bloom Apartments II1Bed/1Bath: 456 sq ft1BR,1BA$899
2001 EastA31BR,1BA$925
Eagle Mill Lofts2bed 1bth2BR,1BA$950
3514 Park Ave.1BR/1.0BA1BR,1BA$995
Van de VyverThe ReserveStudio,1BA$998
Jefferson Townhouses1X11BR,1BA$1,000
The Foundry ApartmentsOne Bedroom1BR,1BA$1,013
Cedar BroadA2b1BR,1BA$1,045
Coliseum LoftsE2.2Studio,1BA$1,049

Best Value Apartments for Rent in Newtowne West, VA

As of July 15, 2025 the best value apartment in the Newtowne West area is the $1.47 price per square foot The Overbrook Model at The Westbrook Townhomes at Brewers Row in the in the Bellevue neighborhood starting from $4,050. The second greatest value Newtowne West apartment is the 4x2 - Priced Per Bedroom Model at Marshall Park starting at $750 with a $0.51 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$1.47
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.51
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.36
1710 East Franklin Street1BR/1.0BA1BR,1BA$1.03
Raven PlaceB1.12BR,2BA$1.47
ConsolidatedOne Bedroom, One Bathroom1BR,1BA$1.49
Broadway ApartmentsTwo Bed One Bath2BR,1BA$1.59
1510 W Broad St - Residential2BR/2.0BA2BR,2BA$1.54
The Corner Lofts - 1321 E. Main St.1BR/1.0BA1BR,1BA$1.50
Lofts and Upper Lofts at Canal WalkCanal 236 StudioStudio ,1BA$1.53

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Pet Friendly Lifestyle
Newtowne West, Richmond, VA

Ranked #5

Among neighborhoods in Richmond, VA 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 $1,049.

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 $2,258.

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 218 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 $458 which is $1,800 cheaper than the average rent for all rentals in Newtowne West.

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 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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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.