Cheap Homes for Rent near Lake Monticello, VA from $1,600 (10 Rentals)

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

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
property at 300 Riverbend Dr

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

2 Bedroom, 2 Bath Condo for Rent

Available Now

300 Riverbend Dr

CharlottesvilleVA22911
property at 145 Jefferson Dr

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 2 Bath Home for Rent

Available Sep 1

145 Jefferson Dr

PalmyraVA22963

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.

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 1306 Chesapeake St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Home for Rent

Available Now

1306 Chesapeake St

CharlottesvilleVA22902
property at 6 Cheyenne Ct

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

3 Bedroom, 3 Bath Home for Rent

Available Now

6 Cheyenne Ct

PalmyraVA22963
property at 1608 Monticello Ave

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

1 Bedroom, 1 Bath Condo for Rent

Available Now

1608 Monticello Ave

CharlottesvilleVA22902
property at 76 Villa Circle

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

3 Bedroom, 3 Bath Townhome for Rent

Available Now

76 Villa Circle

PalmyraVA22963

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.

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
Timberlake Place Apartments1 Bedroom1BR,1BA$983

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

As of August 16, 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 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.
Wertland SquareA4X2 Renovated4BR,2BA$0.96
The Coves at MonticelloThe Knoll3BR,2BA$1.47
TreesdaleThe Ivy2BR,2BA$1.19
Timberland Park3 Bedroom3BR,2BA$1.51
Brookdale Apartments2br/bd2BR,2BA$1.58
Camden Courtyard#11BR,1BA$0.91
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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lake Monticello, VA Rentals by Map

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Frequently Asked Questions about Lake Monticello

What type of rentals are currently available in Lake Monticello?

There are currently 63 Apartments for Rent in Lake Monticello, VA with pricing that ranges from $630 to $3,738. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Monticello ranging from $1,675 to $3,850.

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 $1,675 to $3,850 with an average monthly rent of $2,370.

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 $2,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $3,100. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $1,285.

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.

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.

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.