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$700
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1 Bedroom Apartment Available NowTotal Monthly Price
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$700
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$700
1527 Mechanicsville Tpke
1527 Mechanicsville TpkeRichmond, VA 23223
Cheap Apartments for Rent in the Oakwood Neighborhood of Richmond, VA from $500 (109 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oakwood area of Richmond.
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$770 - $2,335
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$770 - $2,335
Total Monthly Price
$770 - $2,335
Creighton Renaissance Apartments
3100 Purcell StRichmond, VA 23223
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$950 - $2,300
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowNew Manchester Flats
715 E 4th StRichmond, VA 23224
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$9952 Bedroom Apartments Available May 15
2104 Phaup St
2104 Phaup StRichmond, VA 23223
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$9952 Bedroom Apartments Available Now
1822 Williamsburg Rd
1822 Williamsburg RdRichmond, VA 23231
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$9952 Bedroom Apartments Available Now
1700 Carlisle Ave
1700 Carlisle AveRichmond, 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 Apr 15Flats at 25th
2400 Fairmount AveRichmond, VA 23223
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$1,050
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
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$1,050
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$1,050
Townsend Square
2153 Cool LnRichmond, VA 23223
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.
927 N 20th St
RichmondVA23223
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$1,066 - $2,340
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$975 - $2,249
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The Masonry Apartments
2001 E Franklin StRichmond, VA 23223
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$1,079 - $1,429
Plus Fees
Studio to 1 Bedroom Apartments Available Apr 17The Corner Lofts
1323 1/2 E Main StRichmond, VA 23219
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$1,082 - $1,547
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityHoney Brook
3500 Kings DrRichmond, VA 23231
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$1,0951 Bedroom Apartments Available Now
114 Virginia St
114 Virginia StRichmond, VA 23219
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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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$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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$1,122 - $2,258
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Attain
1903 E Marshall StRichmond, VA 23223
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$1,127 - $3,332
Plus Fees
1 to 3 Bedroom Apartments Available NowAmerican Tobacco Collection
119-121 N 20th StRichmond, VA 23223
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$1,145 - $2,269
Plus Fees
1 to 2 Bedroom Apartments Available NowAmerican Heritage Apartments
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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$1,149 - $1,399
Plus Fees
2 Bedroom Apartments Available NowPointe at River City
11 N Laburnum AveRichmond, VA 23223
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$1,174 - $1,370
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$1,174 - $1,370
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The Villas of Oakwood
3508 E Richmond RdRichmond, VA 23223
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$1,177
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowThe Oliver
908 Oliver Hill WayRichmond, VA 23219
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$1,177
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowThe Mirage Manchester
1125 Commerce RdRichmond, VA 23224
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$1,187 - $1,419
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowSpur Line Lofts
1021 E 4th StRichmond, VA 23224
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$1,188 - $1,730
Plus Fees
1 to 2 Bedroom Apartments Available Apr 22Railyard Flats
104 E 2nd StRichmond, VA 23224
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$1,195 - $2,225
Plus Fees
Studio to 2 Bedroom Apartments Available NowMain2525
2525 E Main StRichmond, VA 23223
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$1,195 - $1,895
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowSmokehouse Lofts
110-114 S 15th StRichmond, VA 23219
1007 N 25th St
RichmondVA23223
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$1,199 - $2,049
Plus Fees
1 to 3 Bedroom Apartments Available NowShockoe Valley View
1904 Cedar 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.
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$1,200
Plus Fees
2 Bedroom Apartments Available Jun 7Lawndale Farms
4901-5029 Millers LnRichmond, VA 23231
3 N 18th St
RichmondVA23223
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$1,205 - $1,255
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1 Bedroom Apartments Contact Us For Availability1710 Lofts
1710 E Franklin StRichmond, VA 23223
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$1,230 - $3,265
Plus Fees
Studio to 2 Bedroom Apartments Available NowAtrium Lofts at Cold Storage
500 N 18th StRichmond, VA 23223
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$1,235 - $1,985
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Hub
500 Maury StRichmond, VA 23224
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$1,239 - $1,364
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowFlats at 14th
10 S 14th StRichmond, VA 23219
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$1,240 - $1,880
Total Monthly Price
Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
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$1,230 - $1,870
Required Monthly Fees
$10
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$1,240 - $1,880
Pohlig Box Factory Apartments
2411 E Franklin StRichmond, VA 23223
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$1,244 - $1,725
Plus Fees
1 to 2 Bedroom Apartments Available NowSouth Bank
307 Stockton StRichmond, VA 23224
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$1,249 - $2,549
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,099 - $2,399
Required Monthly Fees
$150
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$1,249 - $2,549
The Shockoe Collection
104 Shockoe SlipRichmond, VA 23219
1731 E Main St
RichmondVA23223
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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$1,255 - $3,006
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,255 - $3,006
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$1,255 - $3,006
The Trail Lofts
12 S 17th StRichmond, VA 23219
1815 E Franklin St
RichmondVA23223
1708 Carlisle Ave
RichmondVA23231
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$1,300 - $1,695
Plus Fees
1 to 2 Bedroom Apartments Available Apr 22Poythress Apartments
16 N 22Nd StRichmond, VA 23223
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$1,320 - $2,964
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Watkins at Shockoe
117 S 14th StRichmond, VA 23219
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$1,327 - $1,466
Plus Fees
1 Bedroom Apartments Available NowCigar Lofts
331-333 Oliver Hill WayRichmond, VA 23219
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$1,346 - $2,247
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,275 - $2,176
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The Navigator
103 E 2nd StRichmond, VA 23224
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$1,349 - $1,549
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now18th Street Lofts
1711 E Main StRichmond, VA 23223
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$1,375 - $3,431
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,375 - $3,431
Total Monthly Price
$1,375 - $3,431
East 51 At Rocketts Landing
5101 Old Main StRichmond, VA 23231
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$1,375 - $3,378
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Studio to 2 Bedroom Apartments Available Apr 20Total Monthly Price
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$1,375 - $3,378
Total Monthly Price
$1,375 - $3,378
Lofts and Upper Lofts at Canal Walk III
10 S 20th StRichmond, VA 23223
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.
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 | $1,387 | $995 | $2,490 |
| Oakwood 1 Bedroom Apartments | $1,419 | $700 | $2,400 |
| Oakwood 2 Bedroom Apartments | $1,663 | $916 | $2,395 |
| Oakwood 3 Bedroom Apartments | $2,101 | $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 109 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 Creighton Renaissance Apartments priced from $770. 2001 East has the second lowest priced unit, which is a Studio apartment currently listed from $830. Here are the most affordable Oakwood apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Creighton Renaissance Apartments | One Bedroom - C | 1BR,1BA | $770 |
| 2001 East | Studio B | Studio,1BA | $830 |
| New Manchester Flats | The Everett | 3BR,2BA | $950 |
| The Hill Building | Studio | Studio,1BA | $995 |
| Jefferson Townhouses | 1X1 | 1BR,1BA | $1,000 |
| Tobacco Landing | Two Bedroom | 2BR,2BA | $1,021 |
| Shockoe Commons | SCommons-A2 | 1BR,1BA | $1,043 |
| Townsend Square | Townhomes starting at $1050.00- Now Accepting A... | 2BR,1BA | $1,050 |
| Mallard Greens | 2bd/1bth | 2BR,1BA | $1,050 |
Best Value Apartments for Rent in Oakwood, VA
As of April 04, 2026 the best value apartment in the Oakwood area is the $1.35 price per square foot 1205 N 34th St Model at 1205 N 34th St in the in the East neighborhood starting from $2,495. The second greatest value Oakwood apartment is the Canal 236 1 Bed Model at Lofts and Upper Lofts at Canal Walk - Canal I and Canal II starting at $1,296 with a $1.00 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. |
|---|---|---|---|
| 1205 N 34th St | 1205 N 34th St | 3BR,2.5BA | $1.35 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 1 Bed | 1BR,1BA | $1.00 |
| Raven Place | B1.1 | 2BR,2BA | $1.50 |
| Townsend Square | Townhomes starting at $1050.00- Now Accepting A... | 2BR,1BA | $0.91 |
| Consolidated | CO-K One Bedroom, One Bathroom | 1BR,1BA | $1.49 |
| Glenwood Ridge Apartments | 2 bedroom | 2BR,2BA | $1.13 |
| Tobacco Landing | Two Bedroom | 2BR,2BA | $1.14 |
| Mallard Greens | Hop on Over to Mallard Greens—Your New Home Awa... | 2BR,1BA | $1.33 |
| Shockoe Collection | A1 - 1 Bed 1 Bath | 1BR,1BA | $1.54 |
| 1527 Mechanicsville Tpke | 1527 Mechanicsville Tpke | 1BR,1BA | $1.17 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleThe 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 ArticleQuick Rent Budget Calculator
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 #70
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
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 $1,050.
What is the price of a cheap apartment in Oakwood?
The cheapest apartment in Oakwood is Creighton Renaissance Apartments which is listed at $770, while the average apartment in Oakwood costs $2,115.
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 82 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 $594 which is $1,521 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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.