
Cheap Homes for Rent in Oakwood Neighborhood of Richmond, VA from $900 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the Oakwood area of Richmond.


3516 E Richmond Rd

1229 Nelson St

2920 P St

1619 N 28th St

1903 E Marshall St

2908 E Clay St

1903 E Marshall St

3530 E Richmond Rd, Unit 5

1717 Rogers St
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.

1903 E Marshall St

1417 Spotsylvania St

306 N 26th St

1820 E Broad St

1907 Brandonview Ave

1903 E Marshall St

1820 E Broad St

1903 E Marshall St

1820 E Broad St

1820 E Broad St

1815 Elkridge Ln

2010 Fairfield Ave

1820 E Broad St
Oakwood, Richmond, VA Local Guide

How much does it cost to rent a home in Oakwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Oakwood 2 Bedroom Homes for Rent | $1,808 | $1,025 | $3,795 |
Oakwood 3 Bedroom Homes for Rent | $2,198 | $1,495 | $3,800 |
Oakwood 4 Bedroom Homes for Rent | $3,429 | $2,400 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Oakwood Neighborhood of Richmond, VA.
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Oakwood, Richmond, VA Local Guide
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Cheapest Available Oakwood Apartments for Rent
 The cheapest available apartment rental in the Oakwood area of Richmond, VA is a 1 Bed unit found at New Manchester Flats priced from $702. Attain Shockoe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $914. Here are the most affordable Oakwood apartments for rent in Richmond, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
New Manchester Flats | The Decatur | 1BR,1BA | $702 |
Attain Shockoe | Ginter ADA | 1BR,1BA | $914 |
The Oliver | The Virginia | 1BR,1BA | $999 |
Jefferson Townhouses | 1X1 | 1BR,1BA | $1,000 |
Townsend Square | Townhomes starting at $1000.00- Now Accepting A... | 2BR,1BA | $1,000 |
Best Value Apartments for Rent in Oakwood, VA
As of April 27, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Lofts and Upper Lofts at Canal Walk | Canal 236 1 Bed | 1BR,1BA | $0.94 |
Raven Place | B1.1 | 2BR,2BA | $1.47 |
Townsend Square | Townhomes starting at $1000.00- Now Accepting A... | 2BR,1BA | $0.87 |
Lofts and Upper Lofts at Canal Walk III | One Bedroom | 1BR,1BA | $1.23 |
1877 Lofts | 1BR/1.0BA | 1BR,1BA | $1.51 |
Glenns at Millers Lane | Two Bedroom | 2BR,2BA | $1.60 |
Mallard Greens | TWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH... | 2BR,1BA | $1.33 |
Bradford Manor Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.59 |
Pointe at River City | Silver | 2BR,1BA | $1.29 |
1527 Mechanicsville Tpke, Unit 3 | 1527 Mechanicsville Tpke | 1BR,1BA | $1.17 |
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Frequently Asked Questions about Oakwood
What type of rentals are currently available in Oakwood?
There are currently 267 Apartments for Rent in Oakwood, VA with pricing that ranges from $700 to $3,835. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood ranging from $995 to $5,500.
What is the current price range for Rental Homes in Oakwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakwood ranges from $995 to $5,500 with an average monthly rent of $2,241.
How much are larger Three and Four Bedroom Rentals in Oakwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Oakwood range from $1,395 to $2,867, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $3,800. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $1,620.
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.

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.

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.

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.

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.