
Cheap Apartments for Rent in the Warwick Neighborhood of Richmond, VA from $700 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Warwick area of Richmond.


206 E 37th St

206 E 37th St

Kingswood Cove

Residence at Brookside

Norcroft Townhomes-55 and older

3511 Broad Rock Blvd

Woodbriar Apartments
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.

Park at Forest Hill

2604 Wayside Dr

Forest Hill

James River Pointe

Deering Manor

Chesterfield Flats

Forest Square Apartments

Brookmont
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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404 Rivertowne Apartment Homes

Rock Creek

Urbana at Hioaks

Total Monthly Price
The Crossings at Bramblewood Apartment Homes

THE CASCADE AT FOUNDRY CREEK

THE WARWICK AT FOUNDRY CREEK

Meadow Creek Apartments

The Arbors at Hull Street Senior Apartments
Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA
Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.

1006 Turner Rd

Manchester Lake Townhomes

The Point at Beaufont

Sterling Beaufont

Westover Hills Townhomes

Foxwood

NOON Hioaks

Linden At Forest Hill
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2652 Wayside Dr

Tuscany Townhomes
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 | $1,485 | $995 | $2,259 |
| Warwick 2 Bedroom Apartments | $1,717 | $1,120 | $3,359 |
| Warwick 3 Bedroom Apartments | $2,084 | $1,254 | $3,740 |
Browse Apartments in this Neighborhood
There are currently 34 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 $1,023. 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 | $1,023 |
| Forest Hill | 1b1b | 1BR,1BA | $1,099 |
| Deering Manor | Chestnut (Classic) | 2BR,1BA | $1,120 |
| Forest Square Apartments | 2 Bedroom 1 Bath - 45715 | 2BR,1BA | $1,130 |
| Brookmont | 2 Bedroom 1 Bath | 2BR,1BA | $1,149 |
| Park at Forest Hill | Byrd | 1BR,1BA | $1,155 |
| 404 Rivertowne Apartment Homes | Brookline | 1BR,1BA | $1,183 |
| THE WARWICK AT FOUNDRY CREEK | 1x1 Nook ACC | 1BR,1BA | $1,208 |
| THE CASCADE AT FOUNDRY CREEK | 1/1 Vista | 1BR,1BA | $1,208 |
Best Value Apartments for Rent in Warwick, VA
As of March 12, 2026 the best value apartment in the Warwick area is the $1.27 price per square foot 3 Bed/1.5 Bath- Phase 1 Model at James River Pointe in the in the Midlothian neighborhood starting from $1,559. The second greatest value Warwick apartment is the 2 BR Model at Cloverleaf Lake Townhouse Apartments starting at $1,799 with a $1.69 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. |
|---|---|---|---|
| James River Pointe | 3 Bed/1.5 Bath- Phase 1 | 3BR,1.5BA | $1.27 |
| Cloverleaf Lake Townhouse Apartments | 2 BR | 2BR,1.5BA | $1.69 |
| Urbana at Hioaks | 2 Bedroom | 2BR,2BA | $1.39 |
| Reserve South | B2 Renovated | 2BR,2BA | $1.68 |
| Townhouses Of Chesterfield | Pine | 2BR,1.5BA | $1.27 |
| The Arbors at Hull Street Senior Apartments | 1X1 | 1BR,1BA | $1.32 |
| Birchwood at Boulders Apartments | The Brookwood | 1BR,1BA | $1.71 |
| Brookmont | 2 Bedroom 1 Bath | 2BR,1BA | $1.38 |
| Forest Square Apartments | 2 Bedroom 1 Bath - 24213 | 2BR,1BA | $1.50 |
| Kingswood Cove | One Bedroom One Bath | 1BR,1BA | $1.63 |
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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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?
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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 Kingswood Cove which is listed at $995, while the average apartment in Warwick costs $1,853.
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 59 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 $426 which is $1,427 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

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.

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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.