Cheap Apartments for Rent in the Sherwood Park Neighborhood of Richmond, VA from $400 (97 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Sherwood Park area of Richmond.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 2400 Barton Ave

2400 Barton Ave

RichmondVA23222
property at 700 N 2nd St

700 N 2nd St

RichmondVA23219
property at 1322 W Broad St

1322 W Broad St

RichmondVA23220

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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property at 1605 Hickory St

1605 Hickory St

RichmondVA23222

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Sherwood Park, Richmond, VA Local Guide

Cheapest Available Sherwood Park Apartments for Rent

 

The cheapest available apartment rental in the Sherwood Park area of Richmond, VA is a 3 Beds unit found at Chesterfield Apartments priced from $807. Imperial Living Propco LLC has the second lowest priced unit, which is a Studio apartment currently listed from $835. Here are the most affordable Sherwood Park apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Chesterfield ApartmentsTHE MULBERRY FLOOR PLAN - SUITE II3BR,1BA$807
Imperial Living Propco LLCStudioStudio,1BA$835
Bloom Apartments II1Bed/1Bath: 463 sq ft1BR,1BA$899
Eagle Mill LoftsStudiosStudio,1BA$925
Van de VyverThe ReserveStudio,1BA$998
The Foundry ApartmentsOne Bedroom1BR,1BA$1,013
The Stables1 Bedroom 1 Bathroom1BR,1BA$1,055
BellevueSmall 1 Bedroom1BR,1BA$1,080
Legacy ApartmentsOne Bedroom, One Bath1BR,1BA$1,085

Best Value Apartments for Rent in Sherwood Park, VA

As of September 07, 2025 the best value apartment in the Sherwood Park area is the $1.42 price per square foot 715 W Clay St Model at 715 W Clay St, Unit B in the in the Downtown Richmond neighborhood starting from $2,595. The second greatest value Sherwood Park apartment is the 4x2 - Priced Per Bedroom Model at Marshall Park starting at $699 with a $0.47 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Sherwood Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
715 W Clay St, Unit B715 W Clay St3BR,2BA$1.42
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.47
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.67
Iron House Apartments2 Bedroom 2 Bath with Office2BR,2BA$1.46
511 W Marshall St, Unit 101 Main Floor511 W Marshall St2BR,1BA$1.62
3425 Kensington Avenue2BR/1.0BA2BR,1BA$1.65
4306 Chamberlayne Ave1 Beds, 1 Baths1BR,1BA$1.29
South Arthur1/11BR,1BA$1.53
Victory at Edgewood2 Bedroom 1 Bath Townhome - Renovated2BR,1BA$1.59
The Foundry ApartmentsOne Bedroom1BR,1BA$1.61

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Sherwood Park, Richmond, VA

Ranked #39

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Richmond. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Sherwood Park Neighborhood in Richmond, VA

Walk Score®

44 / 100

Car-Dependent

Most errands require a car

Bike Score®

54 / 100

Bikeable

Some bike infrastructure

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Sherwood Park Apartments

What is a cheap apartment in Sherwood Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sherwood Park is under $1,085.

What is the price of a cheap apartment in Sherwood Park?

The cheapest apartment in Sherwood Park is Bloom Apartments II which is listed at $899, while the average apartment in Sherwood Park costs $2,042.

What types of apartments are the cheapest in Sherwood Park?

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 179 regular apartments in Sherwood Park 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 Sherwood Park?

Cheap apartments in Sherwood Park have an average cost of $475 which is $1,567 cheaper than the average rent for all rentals in Sherwood Park.

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.

decorative image for A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.