Cheap Apartments for Rent in the Southwood Neighborhood of Richmond, VA from $700 (29 Rentals)

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

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.

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Residence at Brookside
Rent Specials
$982 - $2,378
Total Monthly Price

Total Monthly Price

Base Rent
$954 - $2,350
Required Monthly Fees
$28

Total Monthly Price
$982 - $2,378
1 to 3 Bedroom Apartments Available Now

Residence at Brookside

6540 Greenbank RdRichmond, VA 23225
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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Woodbriar Apartments
$1,057 - $1,447
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,051 - $1,441
Required Monthly Fees
$6

Total Monthly Price
$1,057 - $1,447
1 to 2 Bedroom Apartments Available Aug 26

Woodbriar Apartments

621 Warwick Village DrRichmond, VA 23224
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Chesterfield Flats
$1,104 - $1,749
Total Monthly Price

Total Monthly Price

Base Rent
$1,089 - $1,734
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Chesterfield Flats

6300 Pewter AveRichmond, VA 23224
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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700 West 44
$1,151 - $1,602
Total Monthly Price

Total Monthly Price

Base Rent
$1,146 - $1,597
Required Monthly Fees
$5

Total Monthly Price
$1,151 - $1,602
1 to 3 Bedroom Apartments Contact Us For Availability

700 West 44

4500 Bassett AveRichmond, VA 23225
Affordability
  • Verified
  • Low Income
property at 1518 Porter St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Home for Rent

Available Now

1518 Porter St

RichmondVA23224

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.

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Westover Hills Townhomes
1 to 2 Bedroom Apartments

Westover Hills Townhomes

600 Westover Hills BlvdRichmond, VA 23225
  • Utilities Included
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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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Kingswood Cove
1 Bedroom Apartments

Kingswood Cove

6424 Elkhardt RdRichmond, VA 23225
  • Utilities Included
property at 3909 Larchmont Ln

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

4 Bedroom, 1.5 Bath Home for Rent

Available Now

3909 Larchmont Ln

RichmondVA23224
property at 4111 Kinsley Ave

$1,045

Total Monthly Price

Total Monthly Price

Base Rent
$1,045

Total Monthly Price
$1,045

2 Bedroom, 1 Bath Condo for Rent

Available Now

4111 Kinsley Ave

RichmondVA23224

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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Linden At Forest Hill
1 to 2 Bedroom Apartments

Linden At Forest Hill

4000 Dunston AveRichmond, VA 23225
  • Utilities Included

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 Manchester Grand Apartments priced from $770. Kingly Ones and Briarwood Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Southwood apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Manchester Grand Apartments1 Bedroom, 1 Bathroom1BR,1BA$770
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$825
404 Rivertowne Apartment HomesBrookline1BR,1BA$980
Park Vue2 Bedroom Townhome2BR,1BA$1,084
Residence at BrooksideRenovated Galley Style One Bedroom1BR,1BA$1,125
Swansboro Place1BR 1BA1BR,1BA$1,142
Brookmont2 Bedroom 1 Bath2BR,1BA$1,149
Forest Square Apartments2 Bedroom 1 Bath - 677382BR,1BA$1,150
The Cascade at Foundry Creek1/1 Vista1BR,1BA$1,208
Chesterfield FlatsA1R - Renovated1BR,1BA$1,229

Best Value Apartments for Rent in Southwood, VA

As of August 23, 2026 the best value apartment in the Southwood area is the $1.14 price per square foot Three Bedroom Two Bath Extra Large Premier Model at The Gardens at Manchester in the in the Old South neighborhood starting from $1,660. The second greatest value Southwood apartment is the Oakwood Model at Townhouses Of Chesterfield starting at $1,385 with a $1.19 price per square foot in the Bellemeade 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.
The Gardens at ManchesterThree Bedroom Two Bath Extra Large Premier3BR,2BA$1.14
Townhouses Of ChesterfieldOakwood3BR,1.5BA$1.19
Ashton Square ApartmentsBerkshire3BR,1.5BA$1.51
27th Townhomes2 Bedroom 1 Bath - 631152BR,1BA$1.33
The Arbors at Hull Street Senior Apartments1X11BR,1BA$1.32
Morningside ApartmentsWhite Oak Tax Credit2BR,1BA$1.51
James River Pointe2 Bed/1 Bath- Phase 12BR,1BA$1.55
Brookmont2 Bedroom 1 Bath2BR,1BA$1.38
Park Vue2 Bedroom Townhome2BR,1BA$1.51
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$1.38

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.

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The 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

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Real 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.

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Frequently Asked Questions about Cheap Southwood Apartments

What is the price of a cheap apartment in Southwood?

The cheapest apartment in Southwood is Manchester Grand Apartments which is listed at $770, while the average apartment in Southwood costs $1,360.

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 54 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 $383 which is $977 cheaper than the average rent for all rentals in Southwood.

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.

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