Cheap Apartments for Rent in the Oakwood Neighborhood of Richmond, VA from $500 (36 Rentals)

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Cheap Apartments in the Oakwood area of Richmond.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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The Carlisle
2 Bedroom Apartments

The Carlisle

1700 Carlisle AveRichmond, VA 23231
  • Utilities Included
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Darby House
1 to 2 Bedroom Apartments

Darby House

1400 Shirleydale AveRichmond, VA 23231
Senior Living
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Shockoe Center
1 to 2 Bedroom Apartments

Shockoe Center

1900 E Franklin StRichmond, VA 23223

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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101 Poe St
2 Bedroom Apartments

101 Poe St

101 Poe StRichmond, VA 23222
  • Utilities Included
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Market Slip
1 to 2 Bedroom Apartments

Market Slip

2 S 17th StRichmond, VA 23219
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The Rosa
1 Bedroom Apartments

The Rosa

744 N 2nd StRichmond, VA 23219
Senior Living
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The Dill Building
1 to 2 Bedroom Apartments

The Dill Building

2020 E Franklin StRichmond, VA 23223
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Ashley Oaks Apartments
2 to 3 Bedroom Apartments

Ashley Oaks Apartments

1400 Jennie Scher RdRichmond, VA 23231
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The Hill Building
1 to 2 Bedroom Apartments

The Hill Building

114 Virginia StRichmond, VA 23219
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Shockoe Commons
1 to 2 Bedroom Apartments

Shockoe Commons

1209-1211 E Main StRichmond, VA 23223
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Wynwood Apartments
2 Bedroom Apartments

Wynwood Apartments

1209-1267 Nelson StRichmond, VA 23231
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Old Stone Row
1 to 2 Bedroom Apartments

Old Stone Row

2001 E Franklin StRichmond, VA 23223
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Engine at The Masonry
1 to 2 Bedroom Apartments

Engine at The Masonry

2026 E Main StRichmond, VA 23223
  • Utilities Included

Oakwood, Richmond, VA Local Guide

Cheapest Available Oakwood Apartments for Rent

 

The cheapest available apartment rental in the Oakwood area of Richmond, VA is a 2 Beds unit found at New Manchester Flats priced from $832. Attain Shockoe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Oakwood apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
New Manchester FlatsThe Maury2BR,2BA$832
Attain ShockoeBellevue1BR,1BA$895
Jefferson Townhouses1X11BR,1BA$1,000
Townsend SquareTownhomes starting at $1000.00- Now Accepting A...2BR,1BA$1,000
Pointe at River CitySilver2BR,1BA$1,014
The MasonryOld Stone Row 1x1, Income Restricted1BR,1BA$1,020
The OliverThe Belle1BR,1BA$1,099
1407 E Cary Street1 Beds, 1 Baths1BR,1BA$1,099
Mallard GreensTWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH...2BR,1BA$1,103

Best Value Apartments for Rent in Oakwood, VA

As of May 01, 2025 the best value apartment in the Oakwood area is the $0.94 price per square foot Canal 236 1 Bed Model at Lofts and Upper Lofts at Canal Walk in the in the Downtown Richmond neighborhood starting from $1,227. The second greatest value Oakwood apartment is the B1.1 Model at Raven Place starting at $1,730 with a $1.47 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Oakwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lofts and Upper Lofts at Canal WalkCanal 236 1 Bed1BR,1BA$0.94
Raven PlaceB1.12BR,2BA$1.47
Townsend SquareTownhomes starting at $1000.00- Now Accepting A...2BR,1BA$0.87
Lofts and Upper Lofts at Canal Walk IIIOne Bedroom1BR,1BA$1.23
1407 E Cary Street1 Beds, 1 Baths1BR,1BA$1.11
Atrium Lofts at Cold StorageOne Bedroom1BR,1BA$1.36
1877 Lofts1BR/1.0BA1BR,1BA$1.51
Mallard GreensTWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH...2BR,1BA$1.33
Pointe at River CityDiamond2BR,1BA$1.39
1527 Mechanicsville Tpke, Unit 31527 Mechanicsville Tpke1BR,1BA$1.17

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Pet Friendly Lifestyle
Oakwood, Richmond, VA

Ranked #57

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 our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Oakwood, Richmond, and the greater Richmond area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Oakwood Neighborhood in Richmond, VA

Walk Score®

30 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

36 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Oakwood Apartments

How much is rent for a Cheap One Bedroom Oakwood Apartment?

The lowest price for a Cheap One Bedroom Oakwood Apartment is $895 at Attain Shockoe.

What is the lowest price for a Cheap Two Bedroom Oakwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Oakwood is starting from $832 at New Manchester Flats.

What is the most affordable Oakwood Three Bedroom Apartment?

The best deal on a cheap Oakwood Three Bedroom Apartment rental is at Jefferson Townhouses and starts from $1,395.

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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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.