Cheap Apartments for Rent in the Sherwood Park Neighborhood of Richmond, VA from $400 (95 Rentals)

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

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.

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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.

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Sherwood Park - One of the Best Affordable Neighborhoods in Richmond

Named as one of the Best Affordable Neighborhoods to rent in Richmond by our Local Expert Richard Corrigan. See how it ranks!

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Richmond’s Best Affordable Neighborhoods

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Navigating the Rental Market: Tips for First-Time Renters

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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 Studio unit found at Legacy at Imperial Village priced from $835. Chesterfield Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $845. Here are the most affordable Sherwood Park apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Legacy at Imperial VillageStudioStudio,1BA$835
Chesterfield ApartmentsTHE LINDEN FLOOR PLAN - SUITE III3BR,1BA$845
Bloom Apartments II1Bed/1Bath: 463 sq ft1BR,1BA$849
Eagle Mill Lofts2bed 1bth2BR,1BA$950
Van de VyverThe ReserveStudio,1BA$998
District Square Apartments1Bd1Ba--5901BR,1BA$1,021
Legacy ApartmentsOne Bedroom, One Bath1BR,1BA$1,085
4306 Chamberlayne Ave1 Beds, 1 Baths1BR,1BA$1,125
T and E Apartments0 Bed 1 BathStudio,1BA$1,130
Highland Terrace Apartments1-Bedroom1BR,1BA$1,140

Best Value Apartments for Rent in Sherwood Park, VA

As of June 04, 2025 the best value apartment in the Sherwood Park area is the $1.75 price per square foot 1714 W Cary St Model at 1714 W Cary St, Unit 4 in the in the Near West neighborhood starting from $2,900. The second greatest value Sherwood Park apartment is the 4x2 - Priced Per Bedroom Model at Marshall Park starting at $750 with a $0.51 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.
1714 W Cary St, Unit 41714 W Cary St2BR,2.5BA$1.75
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.51
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.34
1706 Floyd Ave, Unit B1706 Floyd Ave2BR,1BA$1.63
4306 Chamberlayne Ave1 Beds, 1 Baths1BR,1BA$1.29
1510 W Broad St - Residential2BR/1.0BA2BR,1BA$1.69
BellevueTwo Bedroom2BR,1BA$1.59
Victory at Edgewood2 Bedroom 1 Bath Townhome - Renovated2BR,1BA$1.66
Legacy ApartmentsOne Bedroom, One Bath - Patio1BR,1BA$1.73
Highland Terrace Apartments1-Bedroom1BR,1BA$1.78

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.

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Pet Friendly Lifestyle
Sherwood Park, Richmond, VA

Ranked #37

Among neighborhoods in Richmond, VA 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 the Cheapest Studio apartment in Sherwood Park?

Currently the most affordable Cheap Studio Apartment in Sherwood Park is at Legacy at Imperial Village listed at $835.

How much is rent for a Cheap One Bedroom Sherwood Park Apartment?

The lowest price for a Cheap One Bedroom Sherwood Park Apartment is $849 at Bloom Apartments II.

What is the lowest price for a Cheap Two Bedroom Sherwood Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Sherwood Park is starting from $920 at Chesterfield Apartments.

What is the most affordable Sherwood Park Three Bedroom Apartment?

The best deal on a cheap Sherwood Park Three Bedroom Apartment rental is at Chesterfield Apartments and starts from $845.

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.

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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.

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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.

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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.

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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.