3136 Parkdale Rd
North ChesterfieldVA23237
Cheap Homes for Rent in Warwick Neighborhood of Richmond, VA from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Warwick area of Richmond.
2626 Wayside Dr
RichmondVA23235
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.
5616 Kendall Rd
RichmondVA23224
1025 Bradley Ln
RichmondVA23225
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.
2336 Sara Ln
RichmondVA23224
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Warwick, Richmond, VA Local Guide
How much does it cost to rent a home in Warwick?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Warwick 2 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
| Warwick 3 Bedroom Homes for Rent | $1,859 | $1,495 | $2,400 |
| Warwick 4 Bedroom Homes for Rent | $2,400 | $2,250 | $2,500 |
| Warwick 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 5 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 404 Rivertowne Apartment Homes priced from $813. NOON Hioaks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $977. Here are the most affordable Warwick apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 404 Rivertowne Apartment Homes | Brookline | 1BR,1BA | $813 |
| NOON Hioaks | The Apollo - 50% AMI | 1BR,1BA | $977 |
| Kingswood Cove | One Bedroom One Bath | 1BR,1BA | $995 |
Best Value Apartments for Rent in Warwick, VA
As of May 30, 2026 the best value apartment in the Warwick area is the $1.50 price per square foot Lancaster Townhome Model at St. John's Wood in the in the Midlothian neighborhood starting from $1,920. The second greatest value Warwick apartment is the 2 BR Model at Cloverleaf Lake Townhouse Apartments starting at $1,675 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| St. John's Wood | Lancaster Townhome | 3BR,2BA | $1.50 |
| Cloverleaf Lake Townhouse Apartments | 2 BR | 2BR,1.5BA | $1.57 |
| Reserve South | B2 | 2BR,2BA | $1.47 |
| The Arbors at Hull Street Senior Apartments | 1X1 | 1BR,1BA | $1.32 |
| Birchwood at Boulders Apartments | The Brookwood | 1BR,1BA | $1.60 |
| Alexander at 1090 | Humboldt | 2BR,2BA | $1.58 |
| Brookmont | 2 Bedroom 1 Bath | 2BR,1BA | $1.38 |
| Urbana at Hioaks | 1 Bedroom | 1BR,1BA | $1.57 |
| Forest Square Apartments | 2 Bedroom 1 Bath - 47476 | 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.
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.
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Best Local Schools in Warwick, Richmond, VA
School data provided by Great Schools
Frequently Asked Questions about Warwick
What type of rentals are currently available in Warwick?
There are currently 83 Apartments for Rent in Warwick, VA with pricing that ranges from $819 to $3,740. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Warwick ranging from $1,295 to $4,500.
What is the current price range for Rental Homes in Warwick?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Warwick ranges from $1,295 to $4,500 with an average monthly rent of $2,489.
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
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.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
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.