
Cheap Apartments for Rent in the Warwick Neighborhood of Richmond, VA from $700 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in the Warwick area of Richmond.


206 E 37th St

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3809 McGuire Dr, Unit B, Unit B

6428 Elkhardt Rd

6434 Elkhardt Rd

206 E 37th St

Kingswood Cove

Norcroft Townhomes-55 and older

3511 Broad Rock Blvd

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Residence at Brookside
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Park at Forest Hill

Forest Hill

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Woodbriar Apartments

Deering Manor

Forest Square Apartments

Brookmont

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700 West 44

Urbana at Hioaks

THE CASCADE AT FOUNDRY CREEK

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Rock Creek
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404 Rivertowne Apartment Homes

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Meadow Creek Apartments

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James River Pointe

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St. John's Wood

The Arbors at Hull Street Senior Apartments

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Chesterfield Flats

Manchester Lake Townhomes

Shady Creek

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The Crossings at Bramblewood

Alexander at 1090
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The Point at Beaufont

Cloverleaf Lake Townhouse Apartments

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Ashton Square Apartments

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Chesterfield Village

Reserve South

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Ashley Park

THE WARWICK AT FOUNDRY CREEK

4801 Old Warwick Rd, Unit #3, Unit #3

The Westover

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Southwood Apartments
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Village at West Lake

Sterling Beaufont

Westover Hills Townhomes

Foxwood

NOON Hioaks

Linden At Forest Hill

Tuscany Townhomes

Birchwood at Boulders Apartments

Hill Standard

Forest Creek SR
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Warwick, Richmond, VA Local Guide

How much does it cost to rent an apartment in Warwick?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Warwick Studio Apartments | $819 | $819 | $819 |
| Warwick 1 Bedroom Apartments | $1,542 | $880 | $2,234 |
| Warwick 2 Bedroom Apartments | $1,669 | $930 | $2,930 |
| Warwick 3 Bedroom Apartments | $1,982 | $1,385 | $3,740 |
Browse Apartments in this Neighborhood
There are currently 55 rentals with your search options within a 2 mile radius of the Warwick Neighborhood of Richmond, VA.
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Warwick, Richmond, VA Local Guide
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Cheapest Available Warwick Apartments for Rent
 The cheapest available apartment rental in the Warwick area of Richmond, VA is a 1 Bed unit found at Kingswood Cove priced from $995. Residence at Brookside has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,098. Here are the most affordable Warwick apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kingswood Cove | One Bedroom One Bath | 1BR,1BA | $995 |
| Residence at Brookside | One Bedroom Galley Style | 1BR,1BA | $1,098 |
| Brookmont | 2 Bedroom 1 Bath | 2BR,1BA | $1,149 |
| 700 West 44 | One Bedroom | 1BR,1BA | $1,151 |
| Park at Forest Hill | Byrd | 1BR,1BA | $1,155 |
| NOON Hioaks | The Apollo - 60% AMI | 1BR,1BA | $1,190 |
| Deering Manor | Acorn | 2BR,1BA | $1,195 |
| 404 Rivertowne Apartment Homes | Brookline | 1BR,1BA | $1,208 |
| THE CASCADE AT FOUNDRY CREEK | 1/1 VistaACC | 1BR,1BA | $1,208 |
| Townhouses Of Chesterfield | Pine | 2BR,1BA | $1,219 |
Best Value Apartments for Rent in Warwick, VA
As of April 30, 2026 the best value apartment in the Warwick area is the $1.58 price per square foot 2 BR Model at Cloverleaf Lake Townhouse Apartments in the in the Midlothian neighborhood starting from $1,679. The second greatest value Warwick apartment is the 2 Bedroom Model at Urbana at Hioaks starting at $1,400 with a $1.39 price per square foot in the Midlothian neighborhood. Here is today’s list of the best values for Warwick apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cloverleaf Lake Townhouse Apartments | 2 BR | 2BR,1.5BA | $1.58 |
| Urbana at Hioaks | 2 Bedroom | 2BR,2BA | $1.39 |
| Townhouses Of Chesterfield | Pine | 2BR,1.5BA | $1.27 |
| Reserve South | B1 | 2BR,1BA | $1.63 |
| The Arbors at Hull Street Senior Apartments | 1X1 | 1BR,1BA | $1.32 |
| Manchester Lake Townhomes | Mallard | 2BR,1.5BA | $1.47 |
| Birchwood at Boulders Apartments | The Brookwood | 1BR,1BA | $1.65 |
| Alexander at 1090 | Humboldt | 2BR,2BA | $1.58 |
| Brookmont | 2 Bedroom 1 Bath | 2BR,1BA | $1.38 |
| Kingswood Cove | One Bedroom One Bath | 1BR,1BA | $1.63 |
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Read ArticleThe Ultimate Renter's Guide for Finding the Perfect Student Friendly Richmond Neighborhood to Rent
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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.
Best Local Schools in Warwick, Richmond, VA
School data provided by Great Schools
Frequently Asked Questions about Cheap Warwick Apartments
What is the price of a cheap apartment in Warwick?
The cheapest apartment in Warwick is Kingswood Cove which is listed at $995, while the average apartment in Warwick costs $1,734.
What types of apartments are the cheapest in Warwick?
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 62 regular apartments in Warwick 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 Warwick?
Cheap apartments in Warwick have an average cost of $393 which is $1,341 cheaper than the average rent for all rentals in Warwick.
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.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.