
Cheap Apartments for Rent in the Sherwood Park Neighborhood of Richmond, VA from $300 (187 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherwood Park area of Richmond.


Legacy at Imperial Village

Bloom Apartments II

4908 Chamberlayne Ave

1017 W Leigh St

1019 W Leigh St

Eagle Mill Lofts

3916 Chamberlayne Ave

Van de Vyver

Total Monthly Price
1130 W Grace St
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.

1411 Grove Avenue

Kensington, Patterson Place and Grove Ave

Green Park Apartments

Bellevue

3810 Chamberlayne Ave

501 W Grace St

Total Monthly Price
Coliseum Lofts

2400 Barton Ave

The Foundry Apartments

Grace & Monroe Apartments
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.

Total Monthly Price
T and E Apartments

Victory at Edgewood

2420 Barton Ave

Monroe Park Towers Apartments

Spectrum Apartments

The Concord Northside

The Biggs Building

1901-1915 Whitcomb

District Square Apartments

Park Northside Apartments
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.

3210 Ellwood Ave

302 Goshen St

1608 Brookfield St

1607 Brookfield St

302 Goshen St

Cookie Factory Lofts

Total Monthly Price
Iron House Apartments

1610 Fendall Ave

1605 Hickory St

4029 Clinton Ave
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.

501 W Grace St

Scotts Edge

608 N Arthur Ashe Blvd

Southern Stove Lofts

1005 Grove Ave Apartments

The Collection of Historic Richmond

1011 W Marshall St

3206 Ellwood Ave

417 Fritz St

20 S Robinson St
Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA
Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.
Sherwood Park, Richmond, VA Local Guide

How much does it cost to rent an apartment in Sherwood Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherwood Park Studio Apartments | $1,504 | $835 | $2,510 |
| Sherwood Park 1 Bedroom Apartments | $1,805 | $849 | $7,556 |
| Sherwood Park 2 Bedroom Apartments | $2,172 | $939 | $10,000+ |
| Sherwood Park 3 Bedroom Apartments | $2,124 | $810 | $5,264 |
| Sherwood Park 4 Bedroom Apartments | $1,011 | $729 | $3,680 |
Browse Apartments in this Neighborhood
There are currently 187 rentals with your search options within a 2 mile radius of the Sherwood Park Neighborhood of Richmond, VA.
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Sherwood Park, Richmond, VA Local Guide
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Cheapest Available Sherwood Park Apartments for Rent
 The cheapest available apartment rental in the Sherwood Park area of Richmond, VA is a Studio unit found at Legacy at Imperial Village priced from $835. Bloom Apartments II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here are the most affordable Sherwood Park apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Legacy at Imperial Village | Studio | Studio,1BA | $835 |
| Bloom Apartments II | 1Bed/1Bath: 463 sq ft | 1BR,1BA | $849 |
| Highland Terrace Apartments | 2-Bedroom | 2BR,2BA | $946 |
| Eagle Mill Lofts | 2bed 2bth | 2BR,2BA | $950 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| Green Park Apartments | 2 Bedroom | 2BR,1BA | $1,037 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
| Bellevue | Large 1 Bedroom | 1BR,1BA | $1,095 |
| The Foundry Apartments | One Bedroom | 1BR,1BA | $1,135 |
Best Value Apartments for Rent in Sherwood Park, VA
As of May 28, 2026 the best value apartment in the Sherwood Park area is the $0.62 price per square foot 2509 Seminary Ave Model at 2509 Seminary Ave, Unit # B in the in the Bellevue neighborhood starting from $1,395. The second greatest value Sherwood Park apartment is the 2213 Floyd Ave. Model at 2213 Floyd Ave., Unit B (Downstairs) starting at $3,000 with a $1.50 price per square foot in the Near West neighborhood. Here is today’s list of the best values for Sherwood Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2509 Seminary Ave, Unit # B | 2509 Seminary Ave | 2BR,1BA | $0.62 |
| 2213 Floyd Ave., Unit B (Downstairs) | 2213 Floyd Ave. | 3BR,2BA | $1.50 |
| Park Plaza @ Belvidere | 2BR/2.0BA | 2BR,2BA | $1.33 |
| Jackson Street Lofts | 3 Bedroom / 3 Bath - 1,975sqft | 3BR,3BA | $1.67 |
| 1301 W Leigh St | 1301 W Leigh St | 3BR,1BA | $1.67 |
| Scotts Edge | 2x2 | 2BR,2BA | $1.73 |
| 1901-1915 Whitcomb | 2 Bedroom 1 Bath - 19097 | 2BR,1BA | $1.49 |
| Highland Terrace Apartments | 1-Bedroom | 1BR,1BA | $1.57 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.70 |
| Eagle Mill Lofts | Studios | Studio ,1BA | $1.62 |
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 ArticleThe 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.
Pet Friendly LifestyleSherwood Park, Richmond, VA
Ranked #29
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Sherwood Park, Richmond, VA
School data provided by Great Schools
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!
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 $1,135.
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 $849, while the average apartment in Sherwood Park costs $2,031.
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 135 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 $525 which is $1,506 cheaper than the average rent for all rentals in Sherwood Park.
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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.