Cheap Apartments for Rent in Lake Monticello, VA from $630 (57 Rentals)

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

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Cherry Suites
Rent Specials
$1,109
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$949
Required Monthly Fees
$160

Total Monthly Price
$1,109
1 Bedroom Apartments Available Now

Cherry Suites

1003 Cherry AveCharlottesville, VA 22903
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 Sep 5

University Heights

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

Jefferson Commons

1620 Jefferson Park AveCharlottesville, VA 22903
Student Housing
  • Verified
  • Customer Reviewed

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Cobalt Ridge
Rent Specials
$1,359 - $1,996
Total Monthly Price

Total Monthly Price

Base Rent
$1,319 - $1,956
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
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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The Hudson
$1,620 - $2,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,595 - $2,875
Required Monthly Fees
$25

Total Monthly Price
$1,620 - $2,900
1 to 2 Bedroom Apartments Available Now

The Hudson

905 River RdCharlottesville, VA 22901
Affordability
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Jefferson Ridge
$1,645 - $2,495
Total Monthly Price

Total Monthly Price

Base Rent
$1,645 - $2,495

Total Monthly Price
$1,645 - $2,495
1 to 3 Bedroom Apartments Available Now

Jefferson Ridge

810 Catalpa CtCharlottesville, VA 22903
Furnished
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  • Customer Reviewed
  • Utilities Included
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Beacon on 5th
Rent Specials
$1,723 - $2,806
Total Monthly Price

Total Monthly Price

Base Rent
$1,688 - $2,771
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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  • Customer Reviewed
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Carriage Hill Apartments
Rent Specials
$1,727 - $2,995
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,682 - $2,950
Required Monthly Fees
$45

Total Monthly Price
$1,727 - $2,995
1 to 3 Bedroom Apartments Available Now

Carriage Hill Apartments

825 Beverley DrCharlottesville, VA 22911
Active Lifestyle
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  • Customer Reviewed
  • 3D Tour
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5th Street Place
Rent Specials
$1,780 - $2,326
Total Monthly Price

Total Monthly Price

Base Rent
$1,739 - $2,285
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

5th Street Place

411 Afton Pond CtCharlottesville, VA 22902
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  • Customer Reviewed
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Altoview Apartment Homes
Rent Specials
$1,817 - $2,632
Total Monthly Price

Total Monthly Price

Base Rent
$1,787 - $2,602
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
  • Verified
  • Customer Reviewed
  • 3D Tour

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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5 Row Apartments
Rent Specials
$1,822 - $2,316
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,706 - $2,200
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

5 Row Apartments

506 Five Row WayCharlottesville, VA 22903
Pet Friendly
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  • 3D Tour
  • Smoke Free
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Rio Point
Rent Specials
$1,825 - $2,803
Total Monthly Price

Total Monthly Price

Base Rent
$1,712 - $2,690
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Rio Point

7010 Bo StCharlottesville, VA 22901
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  • Customer Reviewed
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Lakeside Apartments
$1,845 - $2,455
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,800 - $2,410
Required Monthly Fees
$45

Total Monthly Price
$1,845 - $2,455
1 to 3 Bedroom Apartments Available Now

Lakeside Apartments

200 Lake Club CtCharlottesville, VA 22902
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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Culbreth Court Apartments
1 Bedroom Apartments

Culbreth Court Apartments

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

Belmont Heights Apartments

1000 Monticello RdCharlottesville, VA 22902
Student Housing
  • Utilities Included
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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 1406 Chesapeake St

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695

Total Monthly Price
$1,695

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1406 Chesapeake St

CharlottesvilleVA22902
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
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1201 Druid Ave
1 to 2 Bedroom Apartments

1201 Druid Ave

1201 Druid AveCharlottesville, VA 22902
  • Utilities Included

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.

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. Timberland Park in the Johnson Village neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $899. Here is today’s list of the most affordable Lake Monticello apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kindlewood1BR1BR,1BA$744
Timberland Park2 Bedroom2BR,2BA$899
Crestline CharlottesvilleBeacon 2 - 2x22BR,2BA$920
Timberlake Place Apartments1 Bedroom1BR,1BA$983
Cherry SuitesPrivate Suite1BR,1BA$1,109
Carlton ViewsPhase II - 2 Bedroom 2 Bath II2BR,2BA$1,136
HearthwoodStudioStudio,1BA$1,236
The Coves at MonticelloThe Grove2BR,2BA$1,245
Jefferson CommonsA4X2 Renovated4BR,2BA$1,285
TreesdaleThe Ivy2BR,2BA$1,290

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

As of August 21, 2026 the best value apartment in the Lake Monticello area is the $0.96 price per square foot A4X2 Renovated Model at Wertland Square in the in the 10th and Page neighborhood starting from $1,315. The second greatest value Lake Monticello apartment is the The Ivy Model at Treesdale starting at $1,290 with a $1.19 price per square foot in the The Meadows neighborhood. 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.
Wertland SquareA4X2 Renovated4BR,2BA$0.96
TreesdaleThe Ivy2BR,2BA$1.19
The Coves at MonticelloThe Grove2BR,2BA$1.17
Crestline CharlottesvilleConcord -3x33BR,3BA$1.30
Timberland Park3 Bedroom3BR,2BA$1.51
Brookdale Apartments2br/bd2BR,2BA$1.58
Villas at Southern RidgeThe Ivy2BR,2BA$1.63
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

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 The Coves at Monticello and starts from $1,424.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.