Cheap Homes for Rent in Lake Monticello, VA from $1,100 (6 Rentals)

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

property at 930 Monticello Rd

930 Monticello Rd

CharlottesvilleVA22902

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 Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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. Timberlake Place Apartments in the North Downtown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $983. Here is today’s list of the most affordable Lake Monticello apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kindlewood1BR1BR,1BA$744
Timberlake Place Apartments1 Bedroom1BR,1BA$983
HearthwoodStudioStudio,1BA$1,246

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

As of July 08, 2025 the best value apartment in the Lake Monticello area is the $1.51 price per square foot Hamilton Model at Carriage Hill Apartments in the in the Martha Jefferson neighborhood starting from $2,317. The second greatest value Lake Monticello apartment is the 2 Bed/2 Bath - B (2nd floor) with Wood Floors Model at Jefferson Ridge starting at $2,105 with a $1.52 price per square foot in the JPA 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.
Carriage Hill ApartmentsHamilton2BR,2BA$1.51
Jefferson Ridge2 Bed/2 Bath - B (2nd floor) with Wood Floors2BR,2BA$1.52
Stonegate at the Crossroads ApartmentsFieldstone3BR,2BA$1.59
Brookdale ApartmentsAzalea3BR,2BA$1.35
The Woodlands of Charlottesville2 Bedroom Town2BR,2.5BA$1.78
The Coves at MonticelloThe Grove2BR,2BA$1.52
Attain on 5thCarter *Newly Renovated2BR,2BA$1.84
Wilton Farm ApartmentsModel 2A2BR,1BA$1.61
Timberlake Place Apartments1 Bedroom1BR,1BA$1.40
Kindlewood1BR1BR,1BA$1.13

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Frequently Asked Questions about Lake Monticello

What type of rentals are currently available in Lake Monticello?

There are currently 53 Apartments for Rent in Lake Monticello, VA with pricing that ranges from $630 to $5,360. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Monticello ranging from $1,125 to $7,300.

What is the current price range for Rental Homes in Lake Monticello?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Monticello ranges from $1,125 to $7,300 with an average monthly rent of $2,730.

How much are larger Three and Four Bedroom Rentals in Lake Monticello?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Monticello range from $813 to $2,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,875 to $3,895. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $2,083.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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.