Cheap Apartments for Rent in the Oak Grove Neighborhood of Richmond, VA from $500 (59 Rentals)

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

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 Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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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Lafayette Gardens
2 to 3 Bedroom Apartments

Lafayette Gardens

2219 Ruffin RdRichmond, VA 23234
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Market Slip
1 to 2 Bedroom Apartments

Market Slip

2 S 17th StRichmond, VA 23219
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1000 Porter St
Studio to 3 Bedroom Apartments

1000 Porter St

1000 Porter StRichmond, VA 23224
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1200 SEMMES Apartments
Studio to 2 Bedroom Apartments

1200 SEMMES Apartments

1200 Semmes AveRichmond, VA 23224
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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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The Hill Building
1 to 2 Bedroom Apartments

The Hill Building

114 Virginia StRichmond, VA 23219
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1820 E Broad St
1 to 3 Bedroom Apartments

1820 E Broad St

1820 E Broad StRichmond, VA 23223
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Old Stone Row
1 to 2 Bedroom Apartments

Old Stone Row

2001 E Franklin StRichmond, VA 23223
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Southgate
1 to 3 Bedroom Apartments

Southgate

3430-3456 Maury StRichmond, VA 23224

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Engine at The Masonry
1 to 2 Bedroom Apartments

Engine at The Masonry

2026 E Main StRichmond, VA 23223
  • Utilities Included
Showing Results 1-50, Page 1 of 2

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. New Manchester Flats has the second lowest priced unit, which is a 2 Beds apartment currently listed from $837. 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
New Manchester FlatsThe Bainbridge2BR,1BA$837
NOON IngramThe Joplin - 50%1BR,1BA$992
The Lofts at Shockoe SlipThe Lofts at Shockoe Slip 316Studio,1BA$999
Dogtown Apartments1 Bedroom Standard1BR,1BA$999
Belle SummitRainer2BR,2BA$1,020
Attain ShockoeCapitolStudio,1BA$1,043
Cedar BroadA2b1BR,1BA$1,045
1204 Hull StOne Bed One Bath1BR,1BA$1,050
Old Stone RowOS A101BR,1BA$1,055

Best Value Apartments for Rent in Oak Grove, VA

As of July 30, 2025 the best value apartment in the Oak Grove area is the $1.31 price per square foot Canal 236 2 Beds Model at Lofts and Upper Lofts at Canal Walk in the in the Downtown Richmond neighborhood starting from $1,699. 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 WalkCanal 236 2 BedsStudio ,1BA$1.31
Raven PlaceB1.12BR,2BA$1.47
Venus At Manchester Apartments2 -Bedroom, 2-Bath2BR,2BA$1.20
Hatcher Tobacco Flats3X23BR,2BA$1.23
Townhouses of Chesterfield IIBerkley II2BR,1.5BA$1.41
The Corner Lofts - 1321 E. Main St.1BR/1.0BA1BR,1BA$1.39
The HudsonThe Perry1BR,1BA$1.48
Belle SummitRainer2BR,2BA$1.21
Graystone Place ApartmentsMaple2BR,1BA$1.47
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$1.38

Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Oak Grove, Richmond, VA

Ranked #39

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!

Getting Around the Oak Grove Neighborhood in Richmond, VA

Walk Score®

33 / 100

Car-Dependent

Most errands require a car

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

37 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Oak Grove Apartments

What is the Cheapest Studio apartment in Oak Grove?

Currently the most affordable Cheap Studio Apartment in Oak Grove is at Attain Shockoe listed at $1,043.

How much is rent for a Cheap One Bedroom Oak Grove Apartment?

The lowest price for a Cheap One Bedroom Oak Grove Apartment is $702 at New Manchester Flats.

What is the lowest price for a Cheap Two Bedroom Oak Grove Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Oak Grove is starting from $837 at New Manchester Flats.

What is the most affordable Oak Grove Three Bedroom Apartment?

The best deal on a cheap Oak Grove Three Bedroom Apartment rental is at Hatcher Tobacco Flats and starts from $1,270.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.