Cheap Apartments for Rent in the Oakwood Neighborhood of Richmond, VA from $500 (43 Rentals)

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

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The Carlisle
2 Bedroom Apartments

The Carlisle

1700 Carlisle AveRichmond, VA 23231
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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
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101 Poe St
2 Bedroom Apartments

101 Poe St

101 Poe StRichmond, VA 23222
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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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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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1820 E Broad St
1 to 3 Bedroom Apartments

1820 E Broad St

1820 E Broad StRichmond, VA 23223

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 Studio unit found at Vida East priced from $979. Charming apartment in the heart of Richmond! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Oakwood apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Vida EastS5Studio,1BA$979
Charming apartment in the heart of Richmond!1BR/1.0BA1BR,1BA$995
The OliverThe Virginia1BR,1BA$999
New Manchester FlatsBuilding 9 - 1 Bedroom 1 Bath1BR,1BA$999
Pointe at River CitySilver2BR,1BA$1,014
The MasonryOld Stone Row 1x1, Income Restricted1BR,1BA$1,020
Cedar BroadA2b1BR,1BA$1,047
Smokehouse Lofts1 Beds, 1 Baths1BR,1BA$1,095
The Shockoe Collection1 Bed 1 Bath1BR,1BA$1,099
The Mirage ManchesterThe White Room1BR,1BA$1,100

Best Value Apartments for Rent in Oakwood, VA

As of February 15, 2025 the best value apartment in the Oakwood area is the $1.36 price per square foot 2BR/2.0BA Model at 1877 Lofts in the in the Downtown Richmond neighborhood starting from $1,550. The second greatest value Oakwood apartment is the Three Bedroom Model at Glenns at Miller Lane starting at $1,565 with a $1.42 price per square foot in the Oakwood Cemetery 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.
1877 Lofts2BR/2.0BA2BR,2BA$1.36
Glenns at Miller LaneThree Bedroom3BR,2BA$1.42
1518 N 35th St, Unit 11518 N 35th St2BR,1BA$1.56
The Shockoe Collection2 Bed 2 Bath2BR,2BA$1.39
Mallard GreensTWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH...2BR,1BA$1.33
The Villas of OakwoodWARM UP IN COMFORT!!! Spacious Townhomes with a...2BR,1BA$1.47
Charming apartment in the heart of Richmond!1BR/1.0BA1BR,1BA$1.25
Pointe at River CityPlatinum2BR,1BA$1.41
Jefferson Townhouses2x12BR,1BA$1.50
1417 N 22nd St, Unit B1417 N 22nd St2BR,1BA$1.50

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Pet Friendly Lifestyle
Oakwood, Richmond, VA

Ranked #52

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

What is the Cheapest Studio apartment in Oakwood?

Currently the most affordable Cheap Studio Apartment in Oakwood is at Vida East listed at $979.

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

The lowest price for a Cheap One Bedroom Oakwood Apartment is $995 at Charming apartment in the heart of Richmond!.

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 $1,014 at Pointe at River City.

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 $1,290.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.