Cheap Apartments for Rent in the Warwick Neighborhood of Richmond, VA from $600 (25 Rentals)

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

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

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Sterling Beaufont
1 to 3 Bedroom Apartments

Sterling Beaufont

6901 Carnation StRichmond, VA 23225
  • Utilities Included
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Westover Hills Townhomes
1 to 2 Bedroom Apartments

Westover Hills Townhomes

600 Westover Hills BlvdRichmond, VA 23225
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Foxwood
1 to 3 Bedroom Apartments

Foxwood

5000-5006 Snead RdRichmond, VA 23224
  • Utilities Included
property at 206 E 37th St

206 E 37th St

RichmondVA23224

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Warwick, Richmond, VA Local Guide

Cheapest Available Warwick Apartments for Rent

 

The cheapest available apartment rental in the Warwick area of Richmond, VA is a 1 Bed unit found at Ashton Square Apartments priced from $629. Deering Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $960. Here are the most affordable Warwick apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Ashton Square ApartmentsAshley1BR,1BA$629
Deering ManorAcorn2BR,1BA$960
Kingswood CoveOne Bedroom One Bath1BR,1BA$995
Residence at BrooksideRenovated Galley Style One Bedroom1BR,1BA$1,120
404 Rivertowne Apartment HomesRegency1BR,1BA$1,120

Best Value Apartments for Rent in Warwick, VA

As of May 14, 2025 the best value apartment in the Warwick area is the $1.44 price per square foot The Springhill Model at Birchwood at Boulders in the in the Midlothian neighborhood starting from $1,749. The second greatest value Warwick apartment is the 2X1.5 Model at The Arbors at Hull Street Senior Apartments starting at $1,450 with a $1.23 price per square foot in the Midlothian neighborhood. Here is today’s list of the best values for Warwick apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Birchwood at BouldersThe Springhill2BR,2BA$1.44
The Arbors at Hull Street Senior Apartments2X1.52BR,1.5BA$1.23
Residence at BrooksideRenovated Two Bedroom Townhome2BR,1.5BA$1.63
Manchester Lake TownhomesMallard2BR,1.5BA$1.42
James River Pointe2 Bed/1 Bath- Phase 12BR,1BA$1.42
Brookmont2 Bedroom 1 Bath2BR,1BA$1.38
Urbana at Hioaks1 Bedroom1BR,1BA$1.51
Ashton Square ApartmentsWest1BR,1BA$1.61
Deering ManorChestnut2BR,1BA$1.52
Kingswood CoveOne Bedroom One Bath1BR,1BA$1.63

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
Warwick, Richmond, VA

Ranked #95

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Warwick, Richmond, VA

School data provided by Great Schools

Frequently Asked Questions about Cheap Warwick Apartments

What is the price of a cheap apartment in Warwick?

The cheapest apartment in Warwick is Ashton Square Apartments which is listed at $629, while the average apartment in Warwick costs $1,945.

What types of apartments are the cheapest in Warwick?

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 30 regular apartments in Warwick 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 Warwick?

Cheap apartments in Warwick have an average cost of $403 which is $1,542 cheaper than the average rent for all rentals in Warwick.

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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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.