Cheap Apartments for Rent in the Newtowne West Neighborhood of Richmond, VA from $400 (168 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Newtowne West, Richmond, VA Local Guide

Cheapest Available Newtowne West Apartments for Rent

 

The cheapest available apartment rental in the Newtowne West area of Richmond, VA is a 1 Bed unit found at Bloom Apartments II priced from $849. Towers on Franklin has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Newtowne West apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Bloom Apartments II1Bed/1Bath: 463 sq ft1BR,1BA$849
Towers on FranklinHarrisonStudio,1BA$850
Eagle Mill Lofts2bed 1bth2BR,1BA$950
Attain ShockoeElmwood1BR,1BA$1,038
Shockoe CommonsA21BR,1BA$1,043
The Edison ApartmentsSXFStudio,1BA$1,084
The OliverThe Chimborazo1BR,1BA$1,099
1407 E Cary Street1 Beds, 1 Baths1BR,1BA$1,099
210 E Grace St1bed/1bath1BR,1BA$1,100
District Square Apartments1Bd1Ba--5901BR,1BA$1,106

Best Value Apartments for Rent in Newtowne West, VA

As of May 14, 2025 the best value apartment in the Newtowne West area is the $0.51 price per square foot 4x2 - Priced Per Bedroom Model at Marshall Park in the in the Downtown Richmond neighborhood starting from $750. The second greatest value Newtowne West apartment is the 2BR/2.0BA Model at Park Plaza @ Belvidere starting at $1,911 with a $1.37 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Newtowne West apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.51
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.37
1204 E Brookland Park Blvd, Unit 11204 E Brookland Park Blvd3BR,1BA$1.37
Lofts and Upper Lofts at Canal WalkCanal 236 1 Bed1BR,1BA$0.96
Lofts and Upper Lofts at Canal Walk IIIOne Bedroom1BR,1BA$1.23
ConsolidatedOne Bedroom, One Bathroom1BR,1BA$1.42
1407 E Cary Street1 Beds, 1 Baths1BR,1BA$1.11
The BerkshirePark1BR,1BA$1.34
1 West Cary Apartments1BR/1.0BA1BR,1BA$1.43
The Corner Lofts - 1321 E. Main St.1BR/1.0BA1BR,1BA$1.41

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
Newtowne West, Richmond, VA

Ranked #7

Among neighborhoods in Richmond, VA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Richmond. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Newtowne West Apartments

What is a cheap apartment in Newtowne West?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Newtowne West is under $1,106.

What is the price of a cheap apartment in Newtowne West?

The cheapest apartment in Newtowne West is Bloom Apartments II which is listed at $849, while the average apartment in Newtowne West costs $2,365.

What types of apartments are the cheapest in Newtowne West?

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 218 regular apartments in Newtowne West 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 Newtowne West?

Cheap apartments in Newtowne West have an average cost of $419 which is $1,946 cheaper than the average rent for all rentals in Newtowne West.

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.

decorative image for A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.