517 Mosby St
RichmondVA23223
Cheap Homes for Rent in Oakwood Neighborhood of Richmond, VA from $600 (33 Rentals)
Search the lowest-cost Homes available for rent right now in the Oakwood area of Richmond.
2100 Phaup St
RichmondVA23223
close
View Me
from $9951 Bedroom Apartments Available Aug 15
1808 Williamsburg Rd
1808 Williamsburg RdRichmond, VA 23231
close
View Me
close
View Me
1229 Nelson St
RichmondVA23231
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
from $1,0951 Bedroom Apartments Available Now
1808 Williamsburg Rd
1808 Williamsburg RdRichmond, VA 23231
3506 E Richmond Rd
RichmondVA23223
close
View Me
close
View Me
close
View Me
close
View Me
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.
close
View Me
3515 Briel St
RichmondVA23223
3517 Briel St
RichmondVA23223
2920 P St
RichmondVA23223
2908 E Clay St
RichmondVA23223
close
View Me
from $1,2691 Bedroom Apartments Available Jul 1
1903 E Marshall St
1903 E Marshall StRichmond, VA 23223
3518 E Richmond Rd
RichmondVA23223
3516 E Richmond Rd
RichmondVA23223
Richmond’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan
1619 N 28th St
RichmondVA23223
Showing Results 1-33, 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 | $1,607 | $895 | $4,000 |
| Oakwood 3 Bedroom Homes for Rent | $2,260 | $1,473 | $3,500 |
| Oakwood 4 Bedroom Homes for Rent | $2,117 | $1,595 | $2,700 |
Browse Homes for Rent in this Neighborhood
There are currently 33 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 2 Beds unit found at New Manchester Flats priced from $837. 2001 East has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Oakwood apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| New Manchester Flats | The Bainbridge | 2BR,1BA | $837 |
| 2001 East | A3 | 1BR,1BA | $925 |
| Pointe at River City | Silver | 2BR,1BA | $1,014 |
| Shockoe Commons | A2 | 1BR,1BA | $1,075 |
| Mallard Greens | TWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH... | 2BR,1BA | $1,103 |
| Attain Shockoe | Elmwood | 1BR,1BA | $1,119 |
| The Corner Lofts - 1321 E. Main St. | 1BR/1.0BA | 1BR,1BA | $1,122 |
| The Lofts at Shockoe Slip | The Lofts at Shockoe Slip 208 | Studio,1BA | $1,149 |
| The Oliver | The Virginia | 1BR,1BA | $1,150 |
| The Mirage Manchester | The Soleil | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Oakwood, VA
As of June 10, 2025 the best value apartment in the Oakwood area is the $1.45 price per square foot The Bay Model at Hydro in the in the East neighborhood starting from $1,887. The second greatest value Oakwood apartment is the Canal 236 1 Bed Model at Lofts and Upper Lofts at Canal Walk starting at $1,255 with a $0.97 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. |
|---|---|---|---|
| Hydro | The Bay | 2BR,2BA | $1.45 |
| Lofts and Upper Lofts at Canal Walk | Canal 236 1 Bed | 1BR,1BA | $0.97 |
| Raven Place | B1.1 | 2BR,2BA | $1.47 |
| Consolidated | One Bedroom, One Bathroom | 1BR,1BA | $1.49 |
| Lawndale Farms | Two bedroom | 2BR,1BA | $1.40 |
| Glenns at Millers Lane | Two Bedroom | 2BR,2BA | $1.65 |
| 1710 East Franklin Street | 1BR/1.0BA | 1BR,1BA | $1.57 |
| Mallard Greens | TWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH... | 2BR,1BA | $1.33 |
| Pointe at River City | Diamond | 2BR,1BA | $1.39 |
| Jefferson Townhouses | 2x1 | 2BR,1BA | $1.63 |
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
Frequently Asked Questions about Oakwood
What type of rentals are currently available in Oakwood?
There are currently 256 Apartments for Rent in Oakwood, VA with pricing that ranges from $837 to $3,719. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood ranging from $670 to $4,000.
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 $670 to $4,000 with an average monthly rent of $1,821.
How much are larger Three and Four Bedroom Rentals in Oakwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Oakwood range from $1,395 to $2,867, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,473 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $1,620.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.