Cheap Apartments for Rent in the Oak Grove Neighborhood of Richmond, VA from $500 (136 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 1208 Hull St

$950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

1208 Hull St, Unit 3

1208 Hull St
RichmondVA23224
property at 3 N 18th St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

Studio, 1 Bath Home for Rent

Available Now

3 N 18th St

RichmondVA23223
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The Masonry Apartments
Rent Specials
$1,016 - $1,861
Total Monthly Price

Total Monthly Price

Base Rent
$925 - $1,770
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Masonry Apartments

2001 E Franklin StRichmond, VA 23223
Student Housing
  • Verified
  • Customer Reviewed
  • Low Income

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.

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2000 Riverside Apartments
Rent Specials
$1,120 - $1,891
Total Monthly Price

Total Monthly Price

Base Rent
$1,120 - $1,891

Total Monthly Price
$1,120 - $1,891
Studio to 2 Bedroom Apartments Available Now

2000 Riverside Apartments

2000 Riverside DrRichmond, VA 23225
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 1007 N 25th St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 Bedroom, 1 Bath Home for Rent

Available Now

1007 N 25th St

RichmondVA23223

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.

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Smokehouse Lofts
Rent Specials
$1,195
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195
1 Bedroom Apartments Available Now

Smokehouse Lofts

110-114 S 15th StRichmond, VA 23219
Transit Friendly
  • Verified
  • Utilities Included
  • 3D Tour
property at 2908 Richmond Hwy N

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

2908 Richmond Hwy N

RichmondVA23234

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 Shockoe Collection
$1,249 - $2,549
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,099 - $2,399
Required Monthly Fees
$150

Total Monthly Price
$1,249 - $2,549
1 to 3 Bedroom Apartments Available Now

The Shockoe Collection

104 Shockoe SlipRichmond, VA 23219
Student Housing
  • Verified
property at 1731 E Main St

$1,250 - $1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom Rentals

Available Now

1731 E Main St

RichmondVA23223
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The Trail Lofts
$1,253 - $2,863
Total Monthly Price

Total Monthly Price

Base Rent
$1,253 - $2,863

Total Monthly Price
$1,253 - $2,863
1 to 2 Bedroom Apartments Available Now

The Trail Lofts

12 S 17th StRichmond, VA 23219
Transit Friendly
  • Verified
  • Utilities Included
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Oak Grove, Richmond, VA Local Guide

Cheapest Available Oak Grove Apartments for Rent

 

The cheapest available apartment rental in the Oak Grove area of Richmond, VA is a 1 Bed unit found at Manchester Grand Apartments priced from $770. Townhouses of Chesterfield II has the second lowest priced unit, which is a Studio apartment currently listed from $809. Here are the most affordable Oak Grove apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Manchester Grand Apartments1 Bedroom, 1 Bathroom1BR,1BA$770
Townhouses of Chesterfield IIMagnoliaStudio,1BA$809
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$825
Tobacco LandingOne Bedroom1BR,1BA$851
Hatcher Tobacco Flats1X11BR,1BA$933
New Manchester FlatsThe Everett3BR,2BA$950
NOON IngramThe Ingram - 50%1BR,1BA$969
Belle SummitRainer2BR,2BA$1,020
American Tobacco CollectionDill-A41BR,1BA$1,025
The AttainPocahontasStudio,1BA$1,037

Best Value Apartments for Rent in Oak Grove, VA

As of July 09, 2026 the best value apartment in the Oak Grove area is the $1.42 price per square foot CO-B One Bedroom, One Bathroom Model at Consolidated in the in the East neighborhood starting from $1,465. The second greatest value Oak Grove apartment is the 2 bedroom Model at Glenwood Ridge Apartments starting at $1,109 with a $1.13 price per square foot in the East neighborhood. Here is today’s list of the best values for Oak Grove apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
ConsolidatedCO-B One Bedroom, One Bathroom1BR,1BA$1.42
Glenwood Ridge Apartments2 bedroom2BR,2BA$1.13
City View Place2 Bedroom2BR,1BA$1.18
Tobacco LandingTwo Bedroom2BR,2BA$1.33
Belle SummitRainer2BR,2BA$1.21
Miller Lofts @ Plant Zero1 Bedroom 1 Bath1BR,1BA$1.52
Park Vue2 Bedroom Townhome2BR,1BA$1.51
Hatcher Tobacco Flats1X11BR,1BA$1.31
Lofts and Upper Lofts at Canal Walk - Canal I and Canal IICanal 236 StudioStudio ,1BA$1.51
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$1.38

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 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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Oak Grove, Richmond, VA

Ranked #37

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 comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Richmond. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Oak Grove Apartments

What is a cheap apartment in Oak Grove?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Oak Grove is under $1,037.

What is the price of a cheap apartment in Oak Grove?

The cheapest apartment in Oak Grove is Manchester Grand Apartments which is listed at $770, while the average apartment in Oak Grove costs $3,480.

What types of apartments are the cheapest in Oak Grove?

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 101 regular apartments in Oak Grove 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 Oak Grove?

Cheap apartments in Oak Grove have an average cost of $574 which is $2,906 cheaper than the average rent for all rentals in Oak Grove.

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.

Helpful Local Expert Guides

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A Local Expert's 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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Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters

Written by: Richard Corrigan

Richmond isn't always thought of as a college town, but there are actually several major colleges and universities here. One thing Richmond does get credit for—and rightfully so—is being a very neighborhood-friendly city.

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Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA

Written by: Richard Corrigan

Welcome to Richmond! For those unfamiliar, it’s Virginia’s state capitol, a city with a long and rich history, and—some might say—Virginia’s biggest small town. There’s a lot to love about living here.

decorative image for Your Richmond Neighborhood Guide: Living Near the City's Top Employers article

Your Richmond Neighborhood Guide: Living Near the City's Top Employers

Written by: Richard Corrigan

Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.