
Cheap Apartments for Rent in the Oakwood Neighborhood of Richmond, VA from $500 (105 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Oakwood area of Richmond.


Jefferson Mews

2001 East

Market Slip

Apartments At Kingsridge

101 Poe St

Bowler Retirement Community

Bacon Retirement Community

Tracks at the Masonry

The Rosa
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Carter Woods - 62 + Better Senior Community

Ashley Oaks Apartments

Shockoe Center

Beckstoffer's Mill Lofts

1822 Williamsburg Rd

2100 Phaup St

2110 Phaup St

2201-2231 Williamsburg Rd

Dill Building

Cedar Broad
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.

Shockoe Commons

Wynwood Apartments

Lofts and Upper Lofts at Canal Walk - Canal I and Canal II

Old Stone Row

Terrace at the Masonry

Lofts and Upper Lofts at Canal Walk III

1808 Williamsburg Rd

1229 Nelson St

Engine at The Masonry

Shockoe Collection
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.

Market Villas

The Overview River Side Apartments

Cameron Kinney

2514 Q St

1901-1915 Whitcomb

American Cigar

Consolidated

Shockoe Creek Apartments

Haxall View

The Lofts at Franklin
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.

Old Stone Row

Bradford Manor Apartments

3308 E Marshall Street

213-215 N 18th St

200 Minor Street Quad

2212 Venable St

1521 Mechanicsville Tpke

The Lofts at Shiplock Watch

18th Street Lofts

The Flats at Canal Crossing
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.
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 | $1,440 | $1,167 | $1,827 |
| Oakwood 1 Bedroom Apartments | $1,423 | $800 | $2,750 |
| Oakwood 2 Bedroom Apartments | $1,696 | $950 | $3,250 |
| Oakwood 3 Bedroom Apartments | $2,079 | $1,327 | $2,750 |
| Oakwood 4 Bedroom Apartments | $3,639 | $1,620 | $5,659 |
Browse Apartments in this Neighborhood
There are currently 105 rentals with your search options within a 2 mile radius of the Oakwood Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
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 $1,099.
What is the price of a cheap apartment in Oakwood?
The cheapest apartment in Oakwood is American Tobacco Collection which is listed at $977, while the average apartment in Oakwood costs $1,479.
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 92 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 $1,216 which is $263 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

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.

Explore The River City Like a Local: The Insider's 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 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.

A Local Expert's 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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.