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$887
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$825
Required Monthly Fees
$62
Total Monthly Price
$887
1204 N 20th St, Unit Apt 1
1204 N 20th StRichmond, VA 23223
Cheap Apartments for Rent in the Oakwood Neighborhood of Richmond, VA from $500 (94 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oakwood area of Richmond.
1204 N 20th St
RichmondVA23223
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$897 - $2,475
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$827 - $2,405
Required Monthly Fees
$70
Total Monthly Price
$897 - $2,475
American Tobacco Collection
119-121 N 20th StRichmond, VA 23223
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$926 - $2,335
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$926 - $2,335
Total Monthly Price
$926 - $2,335
Creighton Renaissance Apartments
3100 Purcell StRichmond, VA 23223
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Rent Specials
$950 - $2,300
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowNew Manchester Flats
715 E 4th StRichmond, VA 23224
923 N 20th St
RichmondVA23223
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$9951 Bedroom Apartments Available Aug 15
1814 Williamsburg Rd, Unit 10
1814 Williamsburg RdRichmond, VA 23231
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$995 - $1,795
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Hill Building
114 Virginia StRichmond, VA 23219
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$1,000 - $1,620
Plus Fees12 Month Lease Term
1 to 4 Bedroom Apartments Available NowJefferson Townhouses
1951 Venable StRichmond, VA 23223
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$1,025 - $1,550
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Jun 8Flats at 25th
2400 Fairmount AveRichmond, VA 23223
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.
927 N 20th St
RichmondVA23223
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$1,066 - $2,090
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$975 - $1,999
Required Monthly Fees
Varies
Total Monthly Price
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The Masonry Apartments
2001 E Franklin StRichmond, VA 23223
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$1,080
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,080
Total Monthly Price
$1,080
Townsend Square
2153 Cool LnRichmond, VA 23223
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Rent Specials
$1,080 - $1,131
Plus Fees12 Month Lease Term
Studio Apartments Available NowFlats at 14th
10 S 14th StRichmond, VA 23219
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$1,082 - $1,547
Plus Fees
1 to 2 Bedroom Apartments Available Jul 6Honey Brook
3500 Kings DrRichmond, VA 23231
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$1,100 - $2,208
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Attain
1903 E Marshall StRichmond, VA 23223
2423 Whitcomb St
RichmondVA23223
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$1,105 - $2,750
Plus Fees
1 to 3 Bedroom Apartments Available NowRiver Lofts at Tobacco Row
2 S 25th StRichmond, VA 23223
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Rent Specials
$1,109 - $1,900
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowGlenwood Ridge Apartments
3801 Glenwood AveRichmond, VA 23223
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Rent Specials
$1,130 - $1,395
Plus Fees
Studio to 1 Bedroom Apartments Available NowThe Corner Lofts
1323 1/2 E Main StRichmond, VA 23219
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.
3 N 18th St
RichmondVA23223
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$1,177
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available May 28The Oliver
908 Oliver Hill WayRichmond, VA 23219
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Rent Specials
$1,177
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowThe Mirage Manchester
1125 Commerce RdRichmond, VA 23224
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Rent Specials
$1,180 - $1,230
Plus Fees
2 Bedroom Apartments Available May 221901-1915 Whitcomb
1901 Whitcomb StRichmond, VA 23223
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$1,193 - $1,723
Plus Fees
1 to 2 Bedroom Apartments Available NowSouth Bank
307 Stockton StRichmond, VA 23224
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Rent Specials
$1,195 - $1,895
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $1,895
Total Monthly Price
$1,195 - $1,895
Smokehouse Lofts
110-114 S 15th StRichmond, VA 23219
1007 N 25th St
RichmondVA23223
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Rent Specials
$1,199 - $2,099
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Hub Apartments
500 Maury StRichmond, VA 23224
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$1,199 - $2,049
Plus Fees
1 to 3 Bedroom Apartments Available NowShockoe Valley View
1904 Cedar StRichmond, VA 23223
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Rent Specials
$1,205 - $1,255
Plus Fees
1 Bedroom Apartments Contact Us For Availability1710 Lofts
1710 E Franklin StRichmond, VA 23223
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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$1,215 - $1,449
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowSpur Line Lofts
1021 E 4th StRichmond, VA 23224
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$1,224 - $1,409
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,224 - $1,409
Total Monthly Price
Varies
The Villas of Oakwood
3508 E Richmond RdRichmond, VA 23223
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Rent Specials
$1,230 - $1,620
Plus Fees
1 to 2 Bedroom Apartments Available NowRailyard Flats
104 E 2nd StRichmond, VA 23224
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$1,239 - $1,459
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
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$1,239 - $1,459
Total Monthly Price
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Pointe at River City
11 N Laburnum AveRichmond, VA 23223
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$1,249 - $2,549
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,099 - $2,399
Required Monthly Fees
$150
Total Monthly Price
$1,249 - $2,549
The Shockoe Collection
104 Shockoe SlipRichmond, VA 23219
1731 E Main St
RichmondVA23223
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$1,257 - $1,897
Total Monthly Price
Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,230 - $1,870
Required Monthly Fees
$27
Total Monthly Price
$1,257 - $1,897
Pohlig Box Factory Apartments
2411 E Franklin StRichmond, VA 23223
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$1,259 - $2,771
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,259 - $2,771
Total Monthly Price
$1,259 - $2,771
Hydro
101 Manchester RdRichmond, VA 23224
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$1,263 - $2,605
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,263 - $2,605
Total Monthly Price
$1,263 - $2,605
The Trail Lofts
12 S 17th StRichmond, VA 23219
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$1,281 - $2,350
Plus Fees
1 to 2 Bedroom Apartments Available NowCapitol Lofts
1001 E Main StRichmond, VA 23219
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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$1,2953 Bedroom Apartments Available Now
200 Minor St, Unit A
200 Minor StRichmond, VA 23222
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Rent Specials
$1,300 - $1,675
Plus Fees
1 to 2 Bedroom Apartments Available Jun 11Poythress Apartments
16 N 22Nd StRichmond, VA 23223
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1 Bedroom Apartments
Shockoe Hill Senior Apartments 62 plus*
206-210 Hospital StRichmond, VA 23219
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2 Bedroom Apartments
The Carlisle
1700 Carlisle AveRichmond, VA 23231
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1 to 3 Bedroom Apartments
Jefferson Mews
600 Jefferson AveRichmond, VA 23223
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1 to 2 Bedroom Apartments
Market Slip
2 S 17th StRichmond, VA 23219
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Studio to 2 Bedroom Apartments
2001 East
2001 E Broad StRichmond, VA 23223
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2 to 3 Bedroom Apartments
Apartments At Kingsridge
390 Kingsridge RdRichmond, VA 23223
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2 Bedroom Apartments
101 Poe St
101 Poe StRichmond, VA 23222
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1 Bedroom Apartments
Bowler Retirement Community
608 N 26th StRichmond, VA 23223
Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA
Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.
Oakwood, Richmond, VA Local Guide
How much does it cost to rent an apartment in Oakwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakwood Studio Apartments | $1,349 | $995 | $2,300 |
| Oakwood 1 Bedroom Apartments | $1,425 | $887 | $2,750 |
| Oakwood 2 Bedroom Apartments | $1,676 | $1,080 | $3,250 |
| Oakwood 3 Bedroom Apartments | $2,035 | $950 | $2,750 |
| Oakwood 4 Bedroom Apartments | $1,620 | $1,620 | $1,620 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 94 rentals with your search options within a 2 mile radius of the Oakwood Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
Oakwood, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
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Cheapest Available Oakwood Apartments for Rent
The cheapest available apartment rental in the Oakwood area of Richmond, VA is a 1 Bed unit found at American Tobacco Collection priced from $897. Creighton Renaissance Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $926. Here are the most affordable Oakwood apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| American Tobacco Collection | ATC-A3 | 1BR,1BA | $897 |
| Creighton Renaissance Apartments | One Bedroom - D | 1BR,1BA | $926 |
| New Manchester Flats | The Everett | 3BR,2BA | $950 |
| 1822 Williamsburg Rd | 2 Beds, 1 Baths | 2BR,1BA | $995 |
| Market Villas | 1 Bedroom 1 Bath - 41287 | 1BR,1BA | $1,021 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 Studio | Studio,1BA | $1,063 |
| Townsend Square | Townhomes starting at $1080.00- Now Accepting A... | 2BR,1BA | $1,080 |
| Flats at 14th | 0 Bedroom 1 Bath - 50215 | Studio,1BA | $1,080 |
| The Attain | Granby | 1BR,1BA | $1,100 |
| Mallard Greens | Stay Cool, Live Easy — Mallard Greens Townhomes... | 2BR,1BA | $1,103 |
Best Value Apartments for Rent in Oakwood, VA
As of May 20, 2026 the best value apartment in the Oakwood area is the $1.46 price per square foot 2 Bedroom 2 Bath - 30004 Model at 10 Walnut Alley in the in the Downtown Richmond neighborhood starting from $1,830. The second greatest value Oakwood apartment is the B1.1 Model at Raven Place starting at $1,775 with a $1.50 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Oakwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 10 Walnut Alley | 2 Bedroom 2 Bath - 30004 | 2BR,2BA | $1.46 |
| Raven Place | B1.1 | 2BR,2BA | $1.50 |
| Townsend Square | Townhomes starting at $1080.00- Now Accepting A... | 2BR,1BA | $0.94 |
| Consolidated | CO-R Two Bedroom, Two Bathroom | 2BR,2BA | $1.52 |
| Glenwood Ridge Apartments | 2 bedroom | 2BR,2BA | $1.13 |
| Shockoe Collection | B3 - 2 Bed 2 Bath | 2BR,2BA | $1.39 |
| Tobacco Landing | Two Bedroom | 2BR,2BA | $1.33 |
| Mallard Greens | Stay Cool, Live Easy — Mallard Greens Townhomes... | 2BR,1BA | $1.33 |
| 1822 Williamsburg Rd | 2 Beds, 1 Baths | 2BR,1BA | $1.24 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 Studio | Studio ,1BA | $1.52 |
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.
Read Article
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
Read ArticleReal 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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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 LifestyleOakwood, Richmond, VA
Ranked #66
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Oakwood, Richmond, VA
Martin Luther King Jr. Middle
Richmond City Public Schools
Public School - Grades 6-8 (501)
3 out of 10
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Oakwood, Richmond, and the greater Richmond area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Oakwood Apartments
What is a cheap apartment in Oakwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Oakwood is under $1,103.
What is the price of a cheap apartment in Oakwood?
The cheapest apartment in Oakwood is American Tobacco Collection which is listed at $897, while the average apartment in Oakwood costs $2,120.
What types of apartments are the cheapest in Oakwood?
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 94 regular apartments in Oakwood 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 Oakwood?
Cheap apartments in Oakwood have an average cost of $593 which is $1,527 cheaper than the average rent for all rentals in Oakwood.
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
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.
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.
Explore The River City Like a Local: The Insiders 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.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.