923 N 20th St
RichmondVA23223
Cheap Apartments for Rent in the Oakwood Neighborhood of Richmond, VA from $500 (140 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oakwood area of Richmond.
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$857 - $3,339
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$850 - $3,332
Required Monthly Fees
$7
Total Monthly Price
$857 - $3,339
American Tobacco Collection
119-121 N 20th StRichmond, VA 23223
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$870 - $1,759
Plus Fees
Studio to 2 Bedroom Apartments Available NowAtrium Lofts at Cold Storage
500 N 18th 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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$950 - $1,850
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowNew Manchester Flats
715 E 4th StRichmond, VA 23224
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$953 - $1,789
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Attain
1903 E Marshall StRichmond, VA 23223
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$987
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$925
Required Monthly Fees
$62
Total Monthly Price
$987
2016 Fairmount Ave, Unit Apt 2
2016 Fairmount AveRichmond, VA 23223
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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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Rent Specials
$1,016 - $1,861
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$925 - $1,770
Required Monthly Fees
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The Masonry Apartments
2001 E Franklin StRichmond, VA 23223
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$1,025 - $1,550
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowFlats 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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$1,080
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
3 N 18th St
RichmondVA23223
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$1,105 - $2,750
Plus Fees
1 to 3 Bedroom Apartments Available NowThe River 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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$1,112 - $1,447
Total Monthly Price
2 Bedroom Apartments Available Jul 10Total Monthly Price
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$1,112 - $1,447
Total Monthly Price
Varies
Honey Brook
3500 Kings DrRichmond, VA 23231
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Rent Specials
$1,136 - $2,350
Plus Fees
1 to 2 Bedroom Apartments Available NowCapitol Lofts
1001 E Main StRichmond, VA 23219
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Rent Specials
$1,149 - $1,782
Plus Fees
1 to 2 Bedroom Apartments Available NowRaven Place
1710 E Broad StRichmond, VA 23223
1007 N 25th St
RichmondVA23223
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Rent Specials
$1,175 - $1,390
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.
3528 E Richmond Rd
RichmondVA23223
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$1,177 - $1,409
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowThe Oliver
908 Oliver Hill WayRichmond, VA 23219
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Rent Specials
$1,177 - $1,409
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowThe Mirage Manchester
1125 Commerce RdRichmond, VA 23224
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$1,183 - $1,705
Plus Fees
1 to 2 Bedroom Apartments Available NowSouth Bank
307 Stockton StRichmond, VA 23224
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$1,189 - $1,484
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
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$1,189 - $1,484
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Varies
Pointe at River City
11 N Laburnum AveRichmond, VA 23223
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$1,195
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195
Total Monthly Price
$1,195
Smokehouse Lofts
110-114 S 15th StRichmond, VA 23219
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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
$1,200 - $1,475
Plus Fees
1 to 2 Bedroom Apartments Available Jul 7Railyard Flats
104 E 2nd StRichmond, VA 23224
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$1,215
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowSpur Line Lofts
1021 E 4th StRichmond, VA 23224
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Rent Specials
$1,225 - $1,334
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowFlats at 14th
10 S 14th StRichmond, VA 23219
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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$1,234 - $1,292
Plus Fees
1 Bedroom Apartments Available Aug 1Cigar Lofts
331-333 Oliver Hill WayRichmond, VA 23219
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$1,240 - $5,859
Total Monthly Price
Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,230 - $5,849
Required Monthly Fees
$10
Total Monthly Price
$1,240 - $5,859
Pohlig Box Factory Apartments
2411 E Franklin StRichmond, 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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Rent Specials
$1,275 - $1,675
Plus Fees
1 to 2 Bedroom Apartments Available NowPoythress Apartments
16 N 22Nd StRichmond, VA 23223
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$1,280 - $3,498
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,280 - $3,498
Total Monthly Price
$1,280 - $3,498
Lofts and Upper Lofts at Canal Walk III
10 S 20th StRichmond, VA 23223
104 Poe St
RichmondVA23222
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$1,2951 Bedroom Apartments Available Aug 5
110 S 15th St, Unit 210
110 S 15th StRichmond, VA 23219
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$1,295 - $1,795
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowThe Hill Building
114 Virginia StRichmond, VA 23219
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$1,295 - $2,910
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,295 - $2,910
Total Monthly Price
$1,295 - $2,910
The Trail Lofts
12 S 17th 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.
604 N 32nd St
RichmondVA23223
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$1,310 - $3,203
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Watkins at Shockoe
117 S 14th StRichmond, VA 23219
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$1,312 - $1,512
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
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$1,312 - $1,512
Total Monthly Price
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The Villas of Oakwood
3508 E Richmond RdRichmond, VA 23223
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$1,319 - $2,415
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,199 - $2,295
Required Monthly Fees
$120
Total Monthly Price
$1,319 - $2,415
The Hub Apartments
500 Maury StRichmond, VA 23224
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$1,348 - $3,407
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,348 - $3,407
Total Monthly Price
$1,348 - $3,407
Hydro
101 Manchester RdRichmond, VA 23224
617 N 32nd St
RichmondVA23223
2002 Carroll St
RichmondVA23223
3503 E Marshall St
RichmondVA23223
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Rent Specials
$1,411 - $2,399
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,340 - $2,328
Required Monthly Fees
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Total Monthly Price
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The Navigator
103 E 2nd StRichmond, VA 23224
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$1,425 - $1,895
Plus Fees
1 to 2 Bedroom Apartments Available NowMain2525
2525 E Main StRichmond, VA 23223
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.
Showing Results 1-50, Page 1 of 3
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 | $953 | $1,936 |
| Oakwood 1 Bedroom Apartments | $1,407 | $823 | $2,750 |
| Oakwood 2 Bedroom Apartments | $1,688 | $987 | $3,250 |
| Oakwood 3 Bedroom Apartments | $2,014 | $950 | $2,750 |
| Oakwood 4 Bedroom Apartments | $3,748 | $1,620 | $5,876 |
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 140 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 Tobacco Landing priced from $851. American Tobacco Collection has the second lowest priced unit, which is a 1 Bed apartment currently listed from $857. Here are the most affordable Oakwood apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tobacco Landing | One Bedroom | 1BR,1BA | $851 |
| American Tobacco Collection | SCommons-A1 | 1BR,1BA | $857 |
| Atrium Lofts at Cold Storage | One Bedroom | 1BR,1BA | $870 |
| Creighton Renaissance Apartments | One Bedroom - D | 1BR,1BA | $926 |
| The Attain | Pocahontas | Studio,1BA | $950 |
| New Manchester Flats | The Everett | 3BR,2BA | $950 |
| 2201-2231 Williamsburg Rd | 2 Beds, 1 Baths | 2BR,1BA | $995 |
| 1822 Williamsburg Rd | 2 Beds, 1 Baths | 2BR,1BA | $995 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 Studio | Studio,1BA | $1,054 |
| Townsend Square | Townhomes starting at $1080.00- Now Accepting A... | 2BR,1BA | $1,080 |
Best Value Apartments for Rent in Oakwood, VA
As of July 04, 2026 the best value apartment in the Oakwood area is the $0.94 price per square foot Townhomes starting at $1080.00- Now Accepting A... Model at Townsend Square in the in the Chestnut Hill neighborhood starting from $1,080. The second greatest value Oakwood apartment is the Three Bedroom Model at Glenns at Millers Lane starting at $1,619 with a $1.47 price per square foot in the Oakwood Cemetery 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. |
|---|---|---|---|
| Townsend Square | Townhomes starting at $1080.00- Now Accepting A... | 2BR,1BA | $0.94 |
| Glenns at Millers Lane | Three Bedroom | 3BR,2BA | $1.47 |
| 200 Minor Street Quad | 3 Beds, 1 Baths | 3BR,1BA | $1.18 |
| Main2525 | 1BR/1.0BA | 1BR,1BA | $1.34 |
| Flats at 25th | Elevation | 2BR,2BA | $1.41 |
| Consolidated | CO-B One Bedroom, One Bathroom | 1BR,1BA | $1.42 |
| Glenwood Ridge Apartments | 2 bedroom | 2BR,2BA | $1.13 |
| Tobacco Landing | Two Bedroom | 2BR,2BA | $1.33 |
| Mallard Greens | Make Your Move This June to Mallard Greens!! | 2BR,1BA | $1.33 |
| 1822 Williamsburg Rd | 2 Beds, 1 Baths | 2BR,1BA | $1.24 |
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.
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 #72
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 $1,080.
What is the price of a cheap apartment in Oakwood?
The cheapest apartment in Oakwood is Tobacco Landing which is listed at $851, while the average apartment in Oakwood costs $3,739.
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 108 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 $1,037 which is $2,702 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.
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
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.
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.
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.
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.