5000 Midlothian Turnpike
RichmondVA23225
Cheap Homes for Rent in Southwood Neighborhood of Richmond, VA from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Southwood area of Richmond.
3136 Parkdale Rd
North ChesterfieldVA23237
1514 Bainbridge St
RichmondVA23224
411 W 24th St
RichmondVA23225
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1301 Porter St, Unit 202
1301 Porter St
RichmondVA23224
2726 Alexander Ave
RichmondVA23234
2726 Alexander Ave
RichmondVA23234
3154 Stockton St
RichmondVA23224
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.
Showing Results 1-8, Page 1 of 1
Southwood, Richmond, VA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Southwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwood 2 Bedroom Homes for Rent | $2,062 | $1,299 | $4,500 |
| Southwood 3 Bedroom Homes for Rent | $1,964 | $650 | $2,595 |
| Southwood 4 Bedroom Homes for Rent | $2,256 | $1,900 | $2,750 |
| Southwood 5 Bedroom Homes for Rent | $2,395 | $2,395 | $2,395 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Southwood Neighborhood of Richmond, VA.
Explore 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 Manchester Grand Apartments priced from $770. Townhouses of Chesterfield II has the second lowest priced unit, which is a Studio apartment currently listed from $809. Here are the most affordable Southwood apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Manchester Grand Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $770 |
| Townhouses of Chesterfield II | Magnolia | Studio,1BA | $809 |
| Kingly Ones and Briarwood Court Apartments | 1 Bedroom | 1BR,1BA | $825 |
Best Value Apartments for Rent in Southwood, VA
As of June 08, 2026 the best value apartment in the Southwood area is the $1.26 price per square foot 2 Bedroom 1 Bath - 46973 Model at 27th Townhomes in the in the Old South neighborhood starting from $1,280. The second greatest value Southwood apartment is the 1X1 Model at The Arbors at Hull Street Senior Apartments starting at $1,237 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 27th Townhomes | 2 Bedroom 1 Bath - 46973 | 2BR,1BA | $1.26 |
| The Arbors at Hull Street Senior Apartments | 1X1 | 1BR,1BA | $1.32 |
| Alexander at 1090 | Humboldt | 2BR,2BA | $1.58 |
| Morningside Apartments | White Oak Tax Credit | 2BR,1BA | $1.51 |
| Brookmont | 2 Bedroom 1 Bath | 2BR,1BA | $1.38 |
| Forest Square Apartments | 2 Bedroom 1 Bath - 47476 | 2BR,1BA | $1.50 |
| Park Vue | 2 Bedroom Townhome | 2BR,1BA | $1.51 |
| 3809 McGuire Dr, Unit B | 3809 McGuire Dr | 2BR,1BA | $1.33 |
| Swansboro Place | 1BR 1BA | 1BR,1BA | $1.50 |
| 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 Article
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
Read ArticleReal 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.
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.
Let everyone know!
Do you know the Southwood area?
If you’re an expert on all things Southwood, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Southwood, Richmond, VA
School data provided by Great Schools
Frequently Asked Questions about Southwood
What type of rentals are currently available in Southwood?
There are currently 120 Apartments for Rent in Southwood, VA with pricing that ranges from $715 to $2,640. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southwood ranging from $650 to $4,500.
What is the current price range for Rental Homes in Southwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Southwood ranges from $650 to $4,500 with an average monthly rent of $2,009.
How much are larger Three and Four Bedroom Rentals in Southwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Southwood range from $1,385 to $2,640, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $2,595. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $1,950.
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
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.
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.
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.
Your Richmond Neighborhood Guide: Living Near the City's Top Employers
Written by: Richard Corrigan
Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.
Articles, How-To's, and Tips
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.