Cheap Apartments for Rent in the Sherwood Park Neighborhood of Richmond, VA from $400 (89 Rentals)

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Cheap Apartments in the Sherwood Park area of Richmond.

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Dwell Apartments
1 to 3 Bedroom Apartments

Dwell Apartments

3505 Chamberlayne AveRichmond, VA 23227
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Claremont Apartments
1 Bedroom Apartments

Claremont Apartments

3902 Chamberlayne AveRichmond, VA 23227
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Estratbrook North
1 Bedroom Apartments

Estratbrook North

3809 Chamberlayne AveRichmond, VA 23227
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Cedarwood Apartments
1 Bedroom Apartments

Cedarwood Apartments

3803 Chamberlayne AveRichmond, VA 23227
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Sherwood Park, Richmond, VA Local Guide

Cheapest Available Sherwood Park Apartments for Rent

 

The cheapest available apartment rental in the Sherwood Park area of Richmond, VA is a Studio unit found at Legacy at Imperial Village priced from $835. Bloom Apartments II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here are the most affordable Sherwood Park apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Legacy at Imperial VillageStudioStudio,1BA$835
Bloom Apartments II1Bed/1Bath: 463 sq ft1BR,1BA$849
Eagle Mill Lofts2bed 1bth2BR,1BA$950
4306 Chamberlayne Ave1 Beds, 1 Baths1BR,1BA$1,075
Legacy ApartmentsOne Bedroom, One Bath1BR,1BA$1,085
District Square Apartments1Bd1Ba--5901BR,1BA$1,115
Highland Terrace Apartments1-Bedroom1BR,1BA$1,140
Parc View at CommonwealthD5 - Penthouse4BR,4BA$1,145
The Concord NorthsideThe Rose1BR,1BA$1,150
Guardian Place ApartmentsS1 Guardian Place 1Studio,1BA$1,192

Best Value Apartments for Rent in Sherwood Park, VA

As of May 06, 2025 the best value apartment in the Sherwood Park 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 Sherwood Park 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 Sherwood Park 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
1706 Floyd Ave, Unit B1706 Floyd Ave2BR,1BA$1.63
Courtyard LoftsThe Diamond2BR,2BA$1.62
Kensington, Patterson Place and Grove AveKensington Place - Two Bedroom2BR,1BA$1.58
4306 Chamberlayne Ave1 Beds, 1 Baths1BR,1BA$1.23
South Arthur1/11BR,1BA$1.65
BellevueTwo Bedroom2BR,1BA$1.59
Victory at Edgewood2 Bedroom 1 Bath Townhome - Renovated2BR,1BA$1.66

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Sherwood Park, Richmond, VA

Ranked #39

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 analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Richmond. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Sherwood Park Neighborhood in Richmond, VA

Walk Score®

44 / 100

Car-Dependent

Most errands require a car

Bike Score®

54 / 100

Bikeable

Some bike infrastructure

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Sherwood Park Apartments

What is a cheap apartment in Sherwood Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sherwood Park is under $1,192.

What is the price of a cheap apartment in Sherwood Park?

The cheapest apartment in Sherwood Park is Bloom Apartments II which is listed at $849, while the average apartment in Sherwood Park costs $3,400.

What types of apartments are the cheapest in Sherwood Park?

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 162 regular apartments in Sherwood Park 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 Sherwood Park?

Cheap apartments in Sherwood Park have an average cost of $467 which is $2,933 cheaper than the average rent for all rentals in Sherwood Park.

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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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.

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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.