
Cheap Homes for Rent in Lake Monticello, VA from $1,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Monticello.


1000 Linden Ave

1000 Monticello Rd
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.

910 Stonehenge Ave

2044 Wilmington Rd

10 Tanglewood Rd
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

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 | $1,949 | $1,500 | $2,595 |
Lake Monticello 3 Bedroom Homes for Rent | $2,622 | $1,700 | $3,750 |
Lake Monticello 4 Bedroom Homes for Rent | $3,257 | $2,495 | $5,000 |
Browse Top Homes for Rent in Lake Monticello
Explore Lake Monticello
Lake Monticello, VA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Kindlewood | 1BR | 1BR,1BA | $744 |
Hearthwood | Studio | Studio,1BA | $950 |
Timberlake Place Apartments | 1 Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Carriage Hill Apartments | Roosevelt | 3BR,2BA | $1.68 |
Jefferson Ridge | 2 Bed/2 Bath - B (2nd floor) - Fully Upgraded | 2BR,2BA | $1.56 |
Stonegate at the Crossroads Apartments | Fieldstone | 3BR,2BA | $1.59 |
Brookdale Apartments | Azalea | 3BR,2BA | $1.35 |
The Coves at Monticello | The Grove | 2BR,2BA | $1.52 |
Attain on 5th | Carter *Newly Renovated | 2BR,2BA | $1.84 |
Wilton Farm Apartments | Model 2A | 2BR,1BA | $1.61 |
Timberlake Place Apartments | 1 Bedroom | 1BR,1BA | $1.40 |
Mallside Forest Apartments | 1B | 1BR,1BA | $1.91 |
Kindlewood | 1BR | 1BR,1BA | $1.13 |
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.
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.

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.

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.

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.

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.