
Cheap Apartments for Rent in the Sherwood Park Neighborhood of Richmond, VA from $395 (116 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherwood Park area of Richmond.


3921 W Franklin St

Legacy at Imperial Village

1819 W Cary St

4905 Chamberlayne Ave

3012 Chamberlayne Ave, Unit 108

Total Monthly Price
T and E Apartments

Van de Vyver

Kensington, Patterson Place and Grove Ave

Bellevue
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.

302 Goshen St, Unit 106

1016 Park Ave

1318 W Broad St, Unit 404

Eagle Mill Lofts

2400 Barton Ave

The Foundry Apartments

Highland Terrace Apartments

Victory at Edgewood

308 W Broad St

Total Monthly Price
Spectrum Apartments
Rent According to Income: A Look at Income-Restricted Rentals
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The Biggs Building

Park Northside Apartments

1318 W Broad St, Unit 208

1510 W. Broad Street

The Concord Northside

Cookie Factory Lofts

Total Monthly Price
Iron House Apartments

Southern Stove Lofts

4822 Chamberlayne Ave

Grace & Monroe Apartments
Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA
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District Square Apartments

3401 Monument Ave, Unit C

2517 W Grace St

1005 W Franklin St

Courtyard Lofts

Total Monthly Price
2509 Seminary Ave, Unit # B

Total Monthly Price
Sphere

The Collection of Historic Richmond

1005 Grove Ave Apartments

2525 Park Ave
Richmond’s Best Affordable Neighborhoods
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Total Monthly Price
1118 Grove Ave

Total Monthly Price
Georgetown Apartments

Total Monthly Price
Scotts Edge

1322 W Broad St

The Westbrook Apartments at Brewers Row

1622 Grove Ave

3218 W Grace St

Total Monthly Price
Todd Lofts

The 1805

511 Ryland St
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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 | $1,603 | $835 | $2,768 |
| Sherwood Park 1 Bedroom Apartments | $1,834 | $799 | $9,456 |
| Sherwood Park 2 Bedroom Apartments | $2,324 | $939 | $10,000+ |
| Sherwood Park 3 Bedroom Apartments | $2,369 | $819 | $10,000+ |
| Sherwood Park 4 Bedroom Apartments | $1,119 | $710 | $1,265 |
Browse Apartments in this Neighborhood
There are currently 116 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 1 Bed unit found at Bloom Apartments II priced from $799. Legacy at Imperial Village 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bloom Apartments II | 1Bed/1Bath: 456 sq ft | 1BR,1BA | $799 |
| Legacy at Imperial Village | Studio | Studio,1BA | $835 |
| 3618 Chamberlayne Ave | 1 Beds, 1 Baths | 1BR,1BA | $895 |
| 1128 W. Grace St.* | 1BR/1.0BA | 1BR,1BA | $995 |
| T and E Apartments | Studio | Studio,1BA | $995 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| MacTavish Flats | B | Studio,1BA | $1,053 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
| Oxford Square Apartments | 2 Beds, 1.5 Baths | 2BR,1BA | $1,095 |
| The Foundry Apartments | One Bedroom | 1BR,1BA | $1,135 |
Best Value Apartments for Rent in Sherwood Park, VA
As of August 27, 2026 the best value apartment in the Sherwood Park area is the $0.59 price per square foot 2509 Seminary Ave Model at 2509 Seminary Ave, Unit # B in the in the Bellevue neighborhood starting from $1,325. The second greatest value Sherwood Park apartment is the Broad St W 200 - 202 Model at Broad St W 200 starting at $2,150 with a $1.30 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2509 Seminary Ave, Unit # B | 2509 Seminary Ave | 2BR,1BA | $0.59 |
| Broad St W 200 | Broad St W 200 - 202 | 3BR,2BA | $1.30 |
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.48 |
| Park Plaza @ Belvidere | 2BR/2.0BA | 2BR,2BA | $1.44 |
| 1701 W Leigh St | 1701 W Leigh St | 2BR,1BA | $1.33 |
| Oxford Square Apartments | 2 Beds, 1.5 Baths | 2BR,1.5BA | $0.91 |
| The James | JAMES-2 | 2BR,2BA | $0.89 |
| Stuart and Davis | 1 Bedroom / 1 Bath - 650sqft | 1BR,1BA | $1.35 |
| 1128 W. Grace St.* | 1BR/1.0BA | 1BR,1BA | $1.33 |
| 3618 Chamberlayne Ave | 1 Beds, 1 Baths | 1BR,1BA | $1.23 |
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 #27
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
Linwood Holton Elementary School
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 $799, while the average apartment in Sherwood Park costs $1,800.
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 165 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 $538 which is $1,262 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

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
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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
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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
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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently
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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.