Cheap Apartments for Rent in the Warwick Neighborhood of Richmond, VA from $700 (39 Rentals)

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

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.

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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.

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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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Sterling Beaufont
1 to 3 Bedroom Apartments

Sterling Beaufont

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

Westover Hills Townhomes

600 Westover Hills BlvdRichmond, 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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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
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Tuscany Townhomes
2 Bedroom Apartments

Tuscany Townhomes

3124 Snead CtRichmond, VA 23224
  • Utilities Included
Showing Results 1-39, 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 Studio unit found at Townhouses Of Chesterfield priced from $809. 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
Townhouses Of ChesterfieldTylerStudio,1BA$809
Ashton Square ApartmentsAshley1BR,1BA$975
Kingswood CoveOne Bedroom One Bath1BR,1BA$995
Residence at BrooksideRenovated Galley Style One Bedroom1BR,1BA$1,045
Deering ManorChestnut2BR,1BA$1,100
404 Rivertowne Apartment HomesRegency1BR,1BA$1,110
James River Pointe1 Bed/1 Bath- Phase 21BR,1BA$1,139
St. John's WoodLambeth Townhome1BR,1BA$1,140
Brookmont2 Bedroom 1 Bath2BR,1BA$1,149

Best Value Apartments for Rent in Warwick, VA

As of October 31, 2025 the best value apartment in the Warwick area is the $1.39 price per square foot 2 Bedroom Model at Urbana at Hioaks in the in the Midlothian neighborhood starting from $1,400. The second greatest value Warwick apartment is the B1 Model at Reserve South starting at $1,458 with a $1.54 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.
Urbana at Hioaks2 Bedroom2BR,2BA$1.39
Reserve SouthB12BR,1BA$1.54
Manchester Lake TownhomesMallard2BR,1.5BA$1.42
Chesterfield FlatsB2R - Renovated2BR,1BA$1.54
Brookmont2 Bedroom 1 Bath2BR,1BA$1.38
Linden at Forest HillTwo Bedroom2BR,1BA$1.56
Forest Square Apartments2 Bedroom 1 Bath - 190952BR,1BA$1.63
3809 McGuire Dr, Unit B3809 McGuire Dr2BR,1BA$1.31
Residence at BrooksideRenovated Galley Style One Bedroom1BR,1BA$1.51
Kingswood CoveOne Bedroom One Bath1BR,1BA$1.63

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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Quick 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.

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Pet Friendly Lifestyle
Warwick, Richmond, VA

Ranked #99

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

Pet Friendliness Lifestyle Score

3.0
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 Ashton Square Apartments which is listed at $975, while the average apartment in Warwick costs $1,710.

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 30 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 $338 which is $1,372 cheaper than the average rent for all rentals in Warwick.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.