Cheap Apartments for Rent in the Warwick Neighborhood of Richmond, VA from $700 (33 Rentals)

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

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Sterling Beaufont
1 to 3 Bedroom Apartments

Sterling Beaufont

6901 Carnation StRichmond, VA 23225
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Westover Hills Townhomes
1 to 2 Bedroom Apartments

Westover Hills Townhomes

600 Westover Hills BlvdRichmond, VA 23225
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Foxwood
1 to 3 Bedroom Apartments

Foxwood

5000-5006 Snead RdRichmond, VA 23224
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NOON Hioaks
1 to 3 Bedroom Apartments

NOON Hioaks

475 Hioaks RdRichmond, VA 23225
  • 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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Tuscany Townhomes
2 Bedroom Apartments

Tuscany Townhomes

3124 Snead CtRichmond, VA 23224
  • Utilities Included
Showing Results 1-33, Page 1 of 1

Warwick, Richmond, VA Local Guide

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 404 Rivertowne Apartment Homes priced from $975. Ashton Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable Warwick apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
404 Rivertowne Apartment HomesBrookline1BR,1BA$975
Ashton Square ApartmentsAshley1BR,1BA$975
NOON HioaksB14 - 50% AMI1BR,1BA$977
Forest Square Apartments2 Bedroom 1 Bath - 242142BR,1BA$1,075
Deering ManorClassic2BR,1BA$1,120
St. John's WoodLambeth Townhome1BR,1BA$1,140
Brookmont2 Bedroom 1 Bath2BR,1BA$1,149
Park at Forest HillByrd1BR,1BA$1,155
Chesterfield VillageRochester1BR,1BA$1,160
Linden at Forest HillTwo Bedroom2BR,1BA$1,199

Best Value Apartments for Rent in Warwick, VA

As of December 16, 2025 the best value apartment in the Warwick area is the $1.25 price per square foot 2X1.5 Model at The Arbors at Hull Street Senior Apartments in the in the Midlothian neighborhood starting from $1,475. The second greatest value Warwick apartment is the B1 Model at Village at West Lake starting at $1,700 with a $1.57 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Arbors at Hull Street Senior Apartments2X1.52BR,1.5BA$1.25
Village at West LakeB12BR,2BA$1.57
Residence at BrooksideRenovated Three Bedroom Townhome3BR,1.5BA$1.63
Manchester Lake TownhomesMallard2BR,1.5BA$1.42
Rock CreekPhase II Two Bedroom2BR,1BA$1.69
Brookmont2 Bedroom 1 Bath2BR,1BA$1.38
Shady CreekHickory2BR,1BA$1.68
Southwood ApartmentsTwo Bedroom One Bath2BR,1BA$1.70
Linden at Forest HillTwo Bedroom2BR,1BA$1.56
Forest Square Apartments2 Bedroom 1 Bath - 242132BR,1BA$1.46

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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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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Pet Friendly Lifestyle
Warwick, Richmond, VA

Ranked #110

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 404 Rivertowne Apartment Homes which is listed at $975, while the average apartment in Warwick costs $1,755.

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 47 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 $347 which is $1,408 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.

Articles, How-To's, and Tips

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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!