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.

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.

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.

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. Hearthwood in the The Meadows neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here is today’s list of the most affordable Lake Monticello apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kindlewood1BR1BR,1BA$744
HearthwoodStudioStudio,1BA$950
Timberlake Place Apartments1 Bedroom1BR,1BA$983

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

As of May 23, 2025 the best value apartment in the Lake Monticello area is the $1.68 price per square foot Roosevelt Model at Carriage Hill Apartments in the in the Martha Jefferson neighborhood starting from $2,730. The second greatest value Lake Monticello apartment is the 2 Bed/2 Bath - B (2nd floor) - Fully Upgraded Model at Jefferson Ridge starting at $2,160 with a $1.56 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 ApartmentsRoosevelt3BR,2BA$1.68
Jefferson Ridge2 Bed/2 Bath - B (2nd floor) - Fully Upgraded2BR,2BA$1.56
Stonegate at the Crossroads ApartmentsFieldstone3BR,2BA$1.59
Brookdale ApartmentsAzalea3BR,2BA$1.35
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
Mallside Forest Apartments1B1BR,1BA$1.91
Kindlewood1BR1BR,1BA$1.13

Quick Rent Budget Calculator

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Frequently Asked Questions about Lake Monticello

What type of rentals are currently available in Lake Monticello?

There are currently 49 Apartments for Rent in Lake Monticello, VA with pricing that ranges from $630 to $5,360. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Monticello ranging from $1,195 to $5,000.

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 $1,195 to $5,000 with an average monthly rent of $2,334.

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 $2,924, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $3,750. Four Bedroom Single-Family rentals are also available starting from $2,495 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.

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.

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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.