Cheap Apartments for Rent in the Southwood Neighborhood of Richmond, VA from $600 (30 Rentals)

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

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Westover Hills Townhomes
1 to 2 Bedroom Apartments

Westover Hills Townhomes

600 Westover Hills BlvdRichmond, VA 23225
  • Utilities Included

Richmond’s Best Affordable Neighborhoods

Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

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Foxwood
1 to 3 Bedroom Apartments

Foxwood

5000-5006 Snead RdRichmond, VA 23224
  • Utilities Included
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Southgate
1 to 3 Bedroom Apartments

Southgate

3430-3456 Maury StRichmond, VA 23224
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Southwood, Richmond, VA Local Guide

Cheapest Available Southwood Apartments for Rent

 

The cheapest available apartment rental in the Southwood area of Richmond, VA is a 1 Bed unit found at Ashton Square Apartments priced from $629. Townhouses Of Chesterfield has the second lowest priced unit, which is a Studio apartment currently listed from $715. Here are the most affordable Southwood apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Ashton Square ApartmentsAshley1BR,1BA$629
Townhouses Of ChesterfieldTylerStudio,1BA$715
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$825
Park Vue1 Bedroom and 1 Bath - 687 Sq.Ft1BR,1BA$943
Deering ManorAcorn2BR,1BA$960
Kingswood CoveOne Bedroom One Bath1BR,1BA$995
Southwood Apartments1 Bed, 1 bath1BR,1BA$1,010
Meadow Creek ApartmentsOne Bedroom1BR,1BA$1,050
404 Rivertowne Apartment HomesByron1BR,1BA$1,085
Residence at BrooksideRenovated Galley Style One Bedroom1BR,1BA$1,125

Best Value Apartments for Rent in Southwood, VA

As of June 05, 2025 the best value apartment in the Southwood area is the $1.08 price per square foot Wood II Model at Townhouses of Chesterfield II in the in the Broad Rock neighborhood starting from $1,195. The second greatest value Southwood apartment is the 1X1 Model at The Arbors at Hull Street Senior Apartments starting at $1,238 with a $1.32 price per square foot in the Midlothian neighborhood. Here is today’s list of the best values for Southwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Townhouses of Chesterfield IIWood II2BR,1.5BA$1.08
The Arbors at Hull Street Senior Apartments1X11BR,1BA$1.32
Morningside ApartmentsWhite Oak Tax Credit2BR,1BA$1.51
Rock CreekPhase I Two Bedroom2BR,1BA$1.38
Brookmont2 Bedroom 1 Bath2BR,1BA$1.38
Venus At Manchester Apartments2-Bedroom / 1-Bath2BR,1BA$1.50
Ashton Square ApartmentsWest1BR,1BA$1.61
Residence at BrooksideRenovated Galley Style One Bedroom1BR,1BA$1.63
Deering ManorChestnut2BR,1BA$1.52
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$1.38

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Southwood, Richmond, VA

Ranked #93

Among neighborhoods in Richmond, VA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Southwood, Richmond, VA

School data provided by Great Schools

Getting Around the Southwood Neighborhood in Richmond, VA

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

39 / 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 Southwood Apartments

What is the price of a cheap apartment in Southwood?

The cheapest apartment in Southwood is Ashton Square Apartments which is listed at $629, while the average apartment in Southwood costs $1,945.

What types of apartments are the cheapest in Southwood?

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 47 regular apartments in Southwood 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 Southwood?

Cheap apartments in Southwood have an average cost of $442 which is $1,503 cheaper than the average rent for all rentals in Southwood.

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

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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.