Cheap Studio Apartments for Rent in the Sherwood Park Neighborhood of Richmond, VA from $955 (24 Rentals)

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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.

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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2910 Chamberlayne
Studio Apartments

2910 Chamberlayne

2907-2927 Chamberlayne AveRichmond, VA 23222
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2700 Idlewood Ave
Studio Apartments

2700 Idlewood Ave

2700 Idlewood AveRichmond, VA 23220
  • Utilities Included
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Jernigin Hall
Studio Apartments

Jernigin Hall

314 W Grace StRichmond, VA 23220
  • Utilities Included
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The Parkwood
Studio Apartments

The Parkwood

3003 Parkwood AveRichmond, VA 23221
  • Utilities Included

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!

Sherwood Park, Richmond, VA Local Guide

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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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

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 $1,145.

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

The cheapest apartment in Sherwood Park is Legacy at Imperial Village which is listed at $835, while the average apartment in Sherwood Park costs $2,399.

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 159 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 $473 which is $1,926 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.

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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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.