Cheap Apartments for Rent in Lake Monticello, VA from $600 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Monticello.

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5th Street Place
Rent Specials
$1,062 - $2,373
Total Monthly Price

Total Monthly Price

Base Rent
$1,021 - $2,332
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

5th Street Place

411 Afton Pond CtCharlottesville, VA 22902
Affordability
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University Heights
$1,250 - $3,738
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250 - $3,738

Total Monthly Price
$1,250 - $3,738
1 to 4 Bedroom Apartments Available Jul 10

University Heights

250 Colonnade DrCharlottesville, VA 22903
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Jefferson Commons
$1,285 - $2,205
Total Monthly Price11 Month Lease Term

Total Monthly Price

Base Rent
$1,280 - $2,200
Required Monthly Fees
$5

Total Monthly Price
$1,285 - $2,205
1 to 4 Bedroom Apartments Available Aug 7

Jefferson Commons

1620 Jefferson Park AveCharlottesville, VA 22903
Student Housing
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Cobalt Ridge
$1,510 - $2,024
Total Monthly Price

Total Monthly Price

Base Rent
$1,470 - $1,984
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Cobalt Ridge

1000 Old Brook RdCharlottesville, VA 22901
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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The Hudson
$1,615 - $3,310
Total Monthly Price

Total Monthly Price

Base Rent
$1,590 - $3,285
Required Monthly Fees
$25

Total Monthly Price
$1,615 - $3,310
1 to 2 Bedroom Apartments Available Now

The Hudson

905 River RdCharlottesville, VA 22901
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Carriage Hill Apartments
$1,693 - $2,735
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,648 - $2,690
Required Monthly Fees
$45

Total Monthly Price
$1,693 - $2,735
1 to 3 Bedroom Apartments Available Now

Carriage Hill Apartments

825 Beverley DrCharlottesville, VA 22911
Active Lifestyle
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Jefferson Ridge
$1,695 - $2,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,695 - $2,295

Total Monthly Price
$1,695 - $2,295
1 to 2 Bedroom Apartments Available Now

Jefferson Ridge

810 Catalpa CtCharlottesville, VA 22903
Furnished
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  • Utilities Included
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Altoview Apartment Homes
$1,822 - $2,756
Total Monthly Price

Total Monthly Price

Base Rent
$1,792 - $2,726
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Altoview Apartment Homes

310 Fisher StCharlottesville, VA 22911
Eco-Friendly
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Beacon on 5th
Rent Specials
$1,871 - $2,985
Total Monthly Price

Total Monthly Price

Base Rent
$1,836 - $2,950
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Beacon on 5th

100 Dalton LnCharlottesville, VA 22903
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Lakeside Apartments
$1,875 - $2,635
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,830 - $2,590
Required Monthly Fees
$45

Total Monthly Price
$1,875 - $2,635
1 to 3 Bedroom Apartments Available Now

Lakeside Apartments

200 Lake Club CtCharlottesville, VA 22902
Corporate Housing
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property at 1002 Linden Ave

$1,170

Total Monthly Price

Total Monthly Price

Base Rent
$1,170

Total Monthly Price
$1,170

1 Bedroom, 1.5 Bath Townhome for Rent

Available Now

1002 Linden Ave

CharlottesvilleVA22902
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Culbreth Court Apartments
1 Bedroom Apartments

Culbreth Court Apartments

426 17th St NWCharlottesville, VA 22903
Student Housing
  • Utilities Included
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Belmont Heights Apartments
Studio to 2 Bedroom Apartments

Belmont Heights Apartments

1000 Monticello RdCharlottesville, VA 22902
Student Housing
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Meriwether
1 Bedroom Apartments

The Meriwether

1000 E Market StCharlottesville, VA 22902
  • Utilities Included
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Cardinal Court
1 to 3 Bedroom Apartments

Cardinal Court

312 13th St NWCharlottesville, VA 22903
  • Utilities Included
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The Independence
1 to 2 Bedroom Apartments

The Independence

350 Portico WayCharlottesville, VA 22911
Senior Living
  • Utilities Included
property at 2484 Lost Hollow Path

$1,675

Total Monthly Price

Total Monthly Price

Base Rent
$1,675

Total Monthly Price
$1,675

2 Bedroom Rentals

Available Now

2484 Lost Hollow Path

CharlottesvilleVA22911
property at 1411 Short 18th St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

3 Bedroom, 1.5 Bath Townhome for Rent

Available Aug 24

1411 Short 18th St

CharlottesvilleVA22902
property at 10 Tanglewood Rd

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

3 Bedroom, 2 Bath Home for Rent

Available Aug 14

10 Tanglewood Rd

PalmyraVA22963
property at 1406 Chesapeake St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 23

1406 Chesapeake St

CharlottesvilleVA22902
property at 2 Kiowa Ln

$1,750

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

3 Bedroom, 2 Bath Home for Rent

Available Jul 10

2 Kiowa Ln

PalmyraVA22963
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1201 Druid Ave
1 to 2 Bedroom Apartments

1201 Druid Ave

1201 Druid AveCharlottesville, VA 22902
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 1075 Weybridge Ct

$1,880

Total Monthly Price

Total Monthly Price

Base Rent
$1,880

Total Monthly Price
$1,880

1 Bedroom, 1 Bath Condo for Rent

Available Now

1075 Weybridge Ct

CharlottesvilleVA22911
property at 300 Riverbend Dr

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

2 Bedroom, 2 Bath Condo for Rent

Available Aug 7

300 Riverbend Dr

CharlottesvilleVA22911

Lake Monticello, VA Local Guide

Cheapest Available Lake Monticello Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Monticello, VA is a 1 Bed unit found at Kindlewood in the Ridge Street neighborhood priced from $744. Grandmarc at the Corner in the 10th and Page neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $895. Here is today’s list of the most affordable Lake Monticello apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kindlewood1BR1BR,1BA$744
Grandmarc at the Corner2Dx2S - Double w/ Shared Bath2BR,2BA$895
Timberlake Place Apartments1 Bedroom1BR,1BA$983
Hickory Hope Apartments1 Bedroom - Phase A1BR,1BA$1,090
HearthwoodStudioStudio,1BA$1,236
The Coves at MonticelloThe Grove2BR,2BA$1,245
TreesdaleThe Ivy2BR,2BA$1,290
Wertland SquareA4X2 Renovated4BR,2BA$1,315
Wilton Farm ApartmentsModel 2A2BR,1BA$1,440
Tarleton SquareCharlottesville Towers 4072BR,1BA$1,460

Best Value Apartments for Rent in Lake Monticello, VA and Nearby

As of July 07, 2026 the best value apartment in the Lake Monticello area is the $0.95 price per square foot 4X4 - Renovated Model at Grandmarc at the Corner in the in the 10th and Page neighborhood starting from $1,399. The second greatest value Lake Monticello apartment is the The Knoll Model at The Coves at Monticello starting at $1,859 with a $1.47 price per square foot . Here is today’s list of the best values for Lake Monticello apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grandmarc at the Corner4X4 - Renovated4BR,4BA$0.95
The Coves at MonticelloThe Knoll3BR,2BA$1.47
TreesdaleThe Ivy2BR,2BA$1.19
Brookdale Apartments2br/bd2BR,2BA$1.58
Camden Courtyard#11BR,1BA$0.91
Villas at Southern RidgeThe Ivy2BR,2BA$1.63
Eagles Landing Apartments2x22BR,2BA$1.12
Wilton Farm ApartmentsModel 2A2BR,1BA$1.63
Timberlake Place Apartments1 Bedroom1BR,1BA$1.40
Kindlewood1BR1BR,1BA$1.13

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Lake Monticello Apartments

What is the Cheapest Studio apartment in Lake Monticello?

Currently the most affordable Cheap Studio Apartment in Lake Monticello is at Hearthwood listed at $1,236.

How much is rent for a Cheap One Bedroom Lake Monticello Apartment?

The lowest price for a Cheap One Bedroom Lake Monticello Apartment is $744 at Kindlewood.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lake Monticello is starting from $882 at Kindlewood.

What is the most affordable Lake Monticello Three Bedroom Apartment?

The best deal on a cheap Lake Monticello Three Bedroom Apartment rental is at Treesdale and starts from $1,477.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.