Cheap Apartments for Rent in the Oak Grove Neighborhood of Richmond, VA from $500 (72 Rentals)

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

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Lafayette Gardens
1 to 3 Bedroom Apartments

Lafayette Gardens

2219 Ruffin RdRichmond, VA 23234
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Jefferson Mews
1 to 3 Bedroom Apartments

Jefferson Mews

600 Jefferson AveRichmond, VA 23223
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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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Market Slip
1 to 2 Bedroom Apartments

Market Slip

2 S 17th StRichmond, VA 23219
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Tracks at the Masonry
Studio to 2 Bedroom Apartments

Tracks at the Masonry

1716 E Cary StRichmond, VA 23223
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1000 Porter St
Studio to 3 Bedroom Apartments

1000 Porter St

1000 Porter StRichmond, VA 23224
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Southgate
1 to 3 Bedroom Apartments

Southgate

3430-3456 Maury StRichmond, VA 23224
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1200 SEMMES Apartments
Studio to 2 Bedroom Apartments

1200 SEMMES Apartments

1200 Semmes AveRichmond, VA 23224
  • Utilities Included

Richmond’s Best Affordable Neighborhoods

Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

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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 Kingly Ones and Briarwood Court Apartments priced from $825. Graystone Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Oak Grove apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$825
Graystone Place ApartmentsOak1BR,1BA$999
Hopper LoftsA21BR,1BA$999
New Manchester FlatsThe Decatur1BR,1BA$999
Belle SummitRainer2BR,2BA$1,020
Cedar BroadA2b1BR,1BA$1,045
Linden at Forest HillOne Bedroom - A1BR,1BA$1,050
The AttainOakwood1BR,1BA$1,062

Best Value Apartments for Rent in Oak Grove, VA

As of January 02, 2026 the best value apartment in the Oak Grove area is the $0.97 price per square foot Canal 236 1 Bed Model at Lofts and Upper Lofts at Canal Walk - Canal I and Canal II in the in the Downtown Richmond neighborhood starting from $1,265. The second greatest value Oak Grove apartment is the B1.1 Model at Raven Place starting at $1,730 with a $1.47 price per square foot in the Downtown Richmond 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.
Lofts and Upper Lofts at Canal Walk - Canal I and Canal IICanal 236 1 Bed1BR,1BA$0.97
Raven PlaceB1.12BR,2BA$1.47
Townhouses of Chesterfield IIPine II2BR,1.5BA$0.99
27th Townhomes2 Bedroom 1 Bath - 258132BR,1BA$1.16
City View Place2 Bedroom Unit2BR,1.5BA$1.18
Belle SummitRainer2BR,2BA$1.21
Graystone Place ApartmentsMaple2BR,1BA$1.47
Park Vue2 Bedroom Townhome2BR,1BA$1.51
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$1.38
3704 Chapel Dr, Unit B3704 Chapel Dr1BR,1BA$1.51

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

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

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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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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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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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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 $1,062.

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

The cheapest apartment in Oak Grove is Kingly Ones and Briarwood Court Apartments which is listed at $825, while the average apartment in Oak Grove costs $2,500.

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 138 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 $307 which is $2,193 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.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.