517 Mosby St
RichmondVA23223
Cheap Homes for Rent in the Oakwood Neighborhood of Richmond, VA from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Oakwood area of Richmond.
2100 Phaup St
RichmondVA23223
2110 Phaup St
RichmondVA23223
2016 4th Ave
RichmondVA23222
1229 Nelson St
RichmondVA23231
The Richmond Renter's Guide to Living Near Work
Get the inside scoop on Richmond's most livable neighborhoods and find the perfect apartment close to where you work. Our local expert breaks it all down by the city's top employers like VCU Health and Costar.
2514 Q St
RichmondVA23223
close
View Me
$1,1951 Bedroom Apartments Available Now
615 N 32nd St, Unit A
615 N 32nd StRichmond, VA 23223
close
View Me
$1,1952 Bedroom Apartments Available Now
615 N 32nd St, Unit C
615 N 32nd StRichmond, VA 23223
2405 Granville Ave
RichmondVA23231
1708 Carlisle Ave
RichmondVA23231
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1521 Mechanicsville Tpke
RichmondVA23223
Showing Results 1-11, Page 1 of 1
Oakwood, Richmond, VA Local Guide
How much does it cost to rent a home in Oakwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakwood 2 Bedroom Homes for Rent | $1,594 | $995 | $3,000 |
| Oakwood 3 Bedroom Homes for Rent | $2,119 | $1,573 | $3,100 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Oakwood Neighborhood of Richmond, VA.
Explore Richmond
Oakwood, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Lofts and Upper Lofts at Canal Walk III has the second lowest priced unit, which is a Studio apartment currently listed from $900. 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 |
| Lofts and Upper Lofts at Canal Walk III | Studio | Studio,1BA | $900 |
| New Manchester Flats | The Everett | 3BR,2BA | $950 |
| Creighton Renaissance Apartments | One Bedroom - B | 1BR,1BA | $981 |
| 1822 Williamsburg Rd | 2 Beds, 1 Baths | 2BR,1BA | $995 |
Best Value Apartments for Rent in Oakwood, VA
As of August 05, 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 1BR/1.0BA Model at Main2525 starting at $1,495 with a $1.40 price per square foot in the East 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 |
| Main2525 | 1BR/1.0BA | 1BR,1BA | $1.40 |
| Consolidated | CO-B One Bedroom, One Bathroom | 1BR,1BA | $1.42 |
| Glenwood Ridge Apartments | 2 bedroom | 2BR,2BA | $1.13 |
| Atrium Lofts at Cold Storage | One Bedroom | 1BR,1BA | $1.45 |
| 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 |
| Creighton Renaissance Apartments | One Bedroom - B | 1BR,1BA | $1.26 |
| Tobacco Landing | One Bedroom | 1BR,1BA | $1.29 |
| 1527 Mechanicsville Tpke, Unit 1 | 1527 Mechanicsville Tpke | 1BR,1BA | $1.33 |
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 Article
Quick 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.
Let everyone know!
Do you know the Oakwood area?
If you’re an expert on all things Oakwood, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleOakwood, Richmond, VA
Ranked #79
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 School
Richmond City Public Schools
Public School - Grades 6-8 (500)
1 out of 10
School data provided by Great Schools
Frequently Asked Questions about Oakwood
What type of rentals are currently available in Oakwood?
There are currently 267 Apartments for Rent in Oakwood, VA with pricing that ranges from $800 to $5,659. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood ranging from $775 to $3,100.
What is the current price range for Rental Homes in Oakwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakwood ranges from $775 to $3,100 with an average monthly rent of $1,793.
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.
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.
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.