Cheap Apartments for Rent in the Southwood Neighborhood of Richmond, VA from $700 (27 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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Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA

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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

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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Southgate
1 to 3 Bedroom Apartments

Southgate

3430-3456 Maury StRichmond, VA 23224
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Linden At Forest Hill
1 to 2 Bedroom Apartments

Linden At Forest Hill

4000 Dunston AveRichmond, VA 23225
  • Utilities Included
Showing Results 1-27, Page 1 of 1

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 Kingly Ones and Briarwood Court Apartments priced from $825. Ashton Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable Southwood apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Kingly Ones and Briarwood Court Apartments1 Bedroom1BR,1BA$825
Ashton Square ApartmentsAshley1BR,1BA$975
Kingswood CoveOne Bedroom One Bath1BR,1BA$995
404 Rivertowne Apartment HomesBrookline1BR,1BA$1,005
Residence at BrooksideOne Bedroom Galley Style1BR,1BA$1,030
The Gardens at ManchesterFeast Your Eyes on This Home Deal – Celebrate c...2BR,1BA$1,075
Park Vue2 Bedroom Townhome2BR,1BA$1,084
Linden at Forest HillOne Bedroom - A1BR,1BA$1,090
Townhouses of Chesterfield IIPine II2BR,1BA$1,110

Best Value Apartments for Rent in Southwood, VA

As of January 24, 2026 the best value apartment in the Southwood area is the $1.44 price per square foot 2BD 2BA Model at Model Tobacco Lofts in the in the Old South neighborhood starting from $1,790. The second greatest value Southwood apartment is the Wood II Model at Townhouses of Chesterfield II starting at $1,260 with a $1.14 price per square foot in the Broad Rock 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.
Model Tobacco Lofts2BD 2BA2BR,2BA$1.44
Townhouses of Chesterfield IIWood II2BR,1.5BA$1.14
The Gardens at ManchesterThree Bedroom Two Bath C Premier3BR,2BA$1.52
27th Townhomes2 Bedroom 1 Bath - 258132BR,1BA$1.16
The Arbors at Hull Street Senior Apartments1X11BR,1BA$1.32
Morningside ApartmentsWhite Oak Tax Credit2BR,1BA$1.51
Brookmont2 Bedroom 1 Bath2BR,1BA$1.38
Forest Square Apartments2 Bedroom 1 Bath - 303812BR,1BA$1.53
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 Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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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Best Local Schools in
Southwood, Richmond, VA

School data provided by Great Schools

Frequently Asked Questions about Cheap Southwood Apartments

What is the price of a cheap apartment in Southwood?

The cheapest apartment in Southwood is Kingly Ones and Briarwood Court Apartments which is listed at $825, while the average apartment in Southwood costs $1,610.

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 50 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 $493 which is $1,117 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.

Helpful Local Expert Guides

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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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Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters

Written by: Richard Corrigan

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.

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Explore The River City Like a Local: The Insiders 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.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.