
Cheap Homes for Rent in Lake Monticello, VA from $1,500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Monticello.


300 Riverbend Dr

2044 Wilmington Rd

930 Monticello Rd
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.

260 Riverbend Dr

602 Blenheim Ave

358 S Pantops Dr

1035 Weybridge Ct
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.
Lake Monticello, VA Local Guide

How much does it cost to rent a home in Lake Monticello?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Monticello 2 Bedroom Homes for Rent | $1,761 | $1,500 | $2,095 |
Lake Monticello 3 Bedroom Homes for Rent | $2,547 | $2,100 | $2,950 |
Lake Monticello 4 Bedroom Homes for Rent | $3,755 | $2,495 | $6,000 |
Lake Monticello 5 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
Browse Top Homes for Rent in Lake Monticello
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Lake Monticello, VA Local Guide
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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 Hickory Hope Apartments in the Starr Hill neighborhood priced from $708. Kindlewood in the Ridge Street neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $744. Here is today’s list of the most affordable Lake Monticello apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hickory Hope Apartments | 1 Bedroom | 1BR,1BA | $708 |
Kindlewood | 1BR | 1BR,1BA | $744 |
Grandmarc at the Corner | 2Dx2S - Double w/ Shared Bath | 2BR,2BA | $835 |
Best Value Apartments for Rent in Lake Monticello, VA and Nearby
As of September 04, 2025 the best value apartment in the Lake Monticello area is the $1.64 price per square foot 2671 Thomas Jefferson Pky Model at 2671 Thomas Jefferson Pky, Unit Home In Palmyra in the starting from $3,600. The second greatest value Lake Monticello apartment is the 2 Bed/2 Bath - B (2nd floor) - Fully Upgraded Model at Jefferson Ridge starting at $2,095 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2671 Thomas Jefferson Pky, Unit Home In Palmyra | 2671 Thomas Jefferson Pky | 4BR,3BA | $1.64 |
Jefferson Ridge | 2 Bed/2 Bath - B (2nd floor) - Fully Upgraded | 2BR,2BA | $1.52 |
Hickory Hope Apartments | 3 Bedroom | 3BR,1.5BA | $1.34 |
Brookdale Apartments | Azalea | 3BR,2BA | $1.49 |
Carriage Hill Apartments | Madison | 2BR,2BA | $1.88 |
The Coves at Monticello | The Grove | 2BR,2BA | $1.52 |
Mallside Forest Apartments | 2B | 2BR,1.5BA | $1.75 |
Wilton Farm Apartments | Model 2A | 2BR,1BA | $1.61 |
Timberlake Place Apartments | 1 Bedroom | 1BR,1BA | $1.40 |
Kindlewood | 1BR | 1BR,1BA | $1.13 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Monticello, VA Rentals by Map
See the most popular apartments and homes in Lake Monticello, VA
Frequently Asked Questions about Lake Monticello
What type of rentals are currently available in Lake Monticello?
There are currently 51 Apartments for Rent in Lake Monticello, VA with pricing that ranges from $630 to $5,360. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Monticello ranging from $1,500 to $6,000.
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 $1,500 to $6,000 with an average monthly rent of $2,722.
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 $3,320, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $2,950. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $1,289.
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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.