
Cheap Apartments for Rent in the Southwood Neighborhood of Richmond, VA from $700 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southwood area of Richmond.


2500 Bainbridge St

Townhouses Of Chesterfield

Kingly Ones and Briarwood Court Apartments

206 E 37th St

206 E 37th St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Residence at Brookside

Ashton Square Apartments

404 Rivertowne Apartment Homes

206 E 37th St

Kingswood Cove
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Norcroft Townhomes-55 and older

Meadow Creek Apartments

Park at Forest Hill

Forest Square Apartments

The Gardens at Manchester
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.

James River Pointe

Chesterfield Flats

2908 Richmond Hwy
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.

2201 S Kinsley Ave
Southwood, Richmond, VA Local Guide

How much does it cost to rent an apartment in Southwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwood Studio Apartments | $783 | $715 | $809 |
| Southwood 1 Bedroom Apartments | $1,238 | $825 | $1,755 |
| Southwood 2 Bedroom Apartments | $1,341 | $1,005 | $2,081 |
| Southwood 3 Bedroom Apartments | $1,643 | $1,375 | $2,485 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Southwood Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
Southwood, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. 404 Rivertowne Apartment Homes 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kingly Ones and Briarwood Court Apartments | 1 Bedroom | 1BR,1BA | $825 |
| 404 Rivertowne Apartment Homes | Brookline | 1BR,1BA | $975 |
| Ashton Square Apartments | Ashley | 1BR,1BA | $975 |
| The Gardens at Manchester | Feast Your Eyes on This Home Deal – Celebrate c... | 2BR,1BA | $1,075 |
| Forest Square Apartments | 2 Bedroom 1 Bath - 24214 | 2BR,1BA | $1,075 |
| Park Vue | 2 Bedroom Townhome | 2BR,1BA | $1,084 |
| Townhouses of Chesterfield II | Wood II | 2BR,1BA | $1,110 |
| Residence at Brookside | Two Bedroom Apartment | 2BR,1BA | $1,120 |
| Deering Manor | Classic | 2BR,1BA | $1,120 |
| Brookmont | 2 Bedroom 1 Bath | 2BR,1BA | $1,149 |
Best Value Apartments for Rent in Southwood, VA
As of December 10, 2025 the best value apartment in the Southwood area is the $1.00 price per square foot Wood II Model at Townhouses of Chesterfield II in the in the Broad Rock neighborhood starting from $1,110. The second greatest value Southwood apartment is the 2 Bedroom 1 Bath - 25813 Model at 27th Townhomes starting at $1,180 with a $1.16 price per square foot in the Old South neighborhood. Here is today’s list of the best values for Southwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Townhouses of Chesterfield II | Wood II | 2BR,1.5BA | $1.00 |
| 27th Townhomes | 2 Bedroom 1 Bath - 25813 | 2BR,1BA | $1.16 |
| The Arbors at Hull Street Senior Apartments | 1X1 | 1BR,1BA | $1.32 |
| Manchester Lake Townhomes | Mallard | 2BR,1.5BA | $1.42 |
| Morningside Apartments | White Oak | 2BR,1BA | $1.54 |
| Brookmont | 2 Bedroom 1 Bath | 2BR,1BA | $1.38 |
| The Gardens at Manchester | Feast Your Eyes on This Home Deal – Celebrate c... | 2BR,1BA | $1.40 |
| Forest Square Apartments | 2 Bedroom 1 Bath - 24213 | 2BR,1BA | $1.46 |
| Park Vue | 2 Bedroom Townhome | 2BR,1BA | $1.51 |
| Kingly Ones and Briarwood Court Apartments | 1 Bedroom | 1BR,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.
Read ArticleThe 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.
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 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 LifestyleSouthwood, Richmond, VA
Ranked #130
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 Kingly Ones and Briarwood Court Apartments which is listed at $825, while the average apartment in Southwood costs $1,575.
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 59 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 $496 which is $1,079 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.
Articles, How-To's, and Tips

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!





