Search the lowest-cost Apartments available for rent right now in the Willow Oaks area of Richmond.
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.
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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Willow Oaks Studio Apartments | $1,359 | $999 | $1,715 |
| Willow Oaks 1 Bedroom Apartments | $1,695 | $945 | $2,650 |
| Willow Oaks 2 Bedroom Apartments | $1,901 | $1,063 | $4,001 |
| Willow Oaks 3 Bedroom Apartments | $2,082 | $1,550 | $3,995 |
There are currently 76 rentals with your search options within a 2 mile radius of the Willow Oaks Neighborhood of Richmond, VA.
See all Apartments in RichmondThe cheapest available apartment rental in the Willow Oaks area of Richmond, VA is a 1 Bed unit found at 404 Rivertowne Apartment Homes priced from $813. Forest Ridge has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here are the most affordable Willow Oaks apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 404 Rivertowne Apartment Homes | Brookline | 1BR,1BA | $813 |
| Forest Ridge | S1 | Studio,1BA | $999 |
| Villas at Cedarhurst | What You See is What You Pay. | Studio,1BA | $1,003 |
| Chippenham Townhomes | 1 Bedroom | 1BR,1BA | $1,050 |
| The Residences of Westover Hills | 1BR 1BA Renovated | 1BR,1BA | $1,050 |
| St. John's Wood | Lambeth Townhome | 1BR,1BA | $1,055 |
| 700 West 44 | One Bedroom | 1BR,1BA | $1,151 |
| Park at Forest Hill | Byrd | 1BR,1BA | $1,155 |
| The Arbors Senior Apartments | 1BD Apt. for only $1191.00.00/month call us tod... | 1BR,1BA | $1,191 |
| Willow Oaks Apartments | 1BR/1.5BA | 1BR,1BA | $1,311 |
As of May 31, 2026 the best value apartment in the Willow Oaks 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 Willow Oaks apartment is the 3 Bed 2 Bath Model at Stratford Hills Apartment and Townhomes starting at $2,044 with a $1.74 price per square foot in the Midlothian neighborhood. Here is today’s list of the best values for Willow Oaks 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 |
| Stratford Hills Apartment and Townhomes | 3 Bed 2 Bath | 3BR,2BA | $1.74 |
| Ashton Square Apartments | Kensington | 2BR,1BA | $1.76 |
| Alexander at 1090 | Humboldt | 2BR,2BA | $1.58 |
| Morningside Apartments | White Oak | 2BR,1BA | $1.54 |
| Courtyard Lofts | Marshall | 1BR,1BA | $1.80 |
| Willow Oaks Apartments | 1BR/1.5BA | 1BR,1.5BA | $1.72 |
| Chippenham Townhomes | 1 Bedroom | 1BR,1BA | $1.52 |
| The Residences of Westover Hills | 1BR 1BA Renovated | 1BR,1BA | $1.61 |
| Park at Forest Hill | Byrd | 1BR,1BA | $1.85 |
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 ArticleLearn about the best neighborhoods for student renters near Richmond Colleges and Universities by our Local Expert Richard Corrigan
Read ArticleFrom 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 ArticleThe 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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A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Willow Oaks is under $1,311.
The cheapest apartment in Willow Oaks is 404 Rivertowne Apartment Homes which is listed at $813, while the average apartment in Willow Oaks costs $1,875.
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 76 regular apartments in Willow Oaks that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Willow Oaks have an average cost of $568 which is $1,307 cheaper than the average rent for all rentals in Willow Oaks.
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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