Cheap Apartments for Rent in Montpelier, VA from $700 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in Montpelier.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Springfield Apartments
Rent Specials
$1,424 - $1,888
Total Monthly Price

Total Monthly Price

Base Rent
$1,409 - $1,873
Required Monthly Fees
$15

Total Monthly Price
$1,424 - $1,888
1 to 3 Bedroom Apartments Available Now

Springfield Apartments

9500 Brightway CtHenrico, VA 23294
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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Wellesley Terrace At Short Pump
Rent Specials
$1,459 - $2,924
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $2,890
Required Monthly Fees
$34

Total Monthly Price
$1,459 - $2,924
1 to 3 Bedroom Apartments Available Now

Wellesley Terrace At Short Pump

3807 Chase Wellesley CtRichmond, VA 23233
Active Lifestyle
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  • Utilities Included
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Metropolis Apartments
Rent Specials
$1,460 - $2,975
Total Monthly Price14 Month Lease Term

Total Monthly Price

Base Rent
$1,455 - $2,970
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Metropolis Apartments

4500 Metropolis DrGlen Allen, VA 23060
Furnished
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The Crossings at Short Pump
Rent Specials
$1,482 - $3,267
Total Monthly Price

Total Monthly Price

Base Rent
$1,475 - $3,260
Required Monthly Fees
$7

Total Monthly Price
$1,482 - $3,267
1 to 3 Bedroom Apartments Available Now

The Crossings at Short Pump

3400 Cox RdRichmond, VA 23233
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Addison at Wyndham
Rent Specials
$1,494 - $2,646
Total Monthly Price

Total Monthly Price

Base Rent
$1,479 - $2,631
Required Monthly Fees
$15

Total Monthly Price
$1,494 - $2,646
1 to 3 Bedroom Apartments Available Now

Addison at Wyndham

11401 Old Nuckols RdGlen Allen, VA 23059
Corporate Housing
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  • 3D Tour

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.

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Hunters Ridge
Rent Specials
$1,572 - $2,762
Total Monthly Price

Total Monthly Price

Base Rent
$1,460 - $2,650
Required Monthly Fees
$112

Total Monthly Price
$1,572 - $2,762
2 to 3 Bedroom Apartments Available Now

Hunters Ridge

2400 Milhaven DrRichmond, VA 23238
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Triton Glen
Rent Specials
$1,573 - $2,268
Total Monthly Price

Total Monthly Price

Base Rent
$1,570 - $2,265
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Triton Glen

10945 Nuckols RdGlen Allen, VA 23060
Family Friendly
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Breckenridge
Rent Specials
$1,639 - $2,499
Total Monthly Price

Total Monthly Price

Base Rent
$1,545 - $2,405
Required Monthly Fees
$94

Total Monthly Price
$1,639 - $2,499
1 to 2 Bedroom Apartments Available Now

Breckenridge

9951 Racquet Club LnGlen Allen, VA 23060
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Marshall Springs at Gayton West
$1,659 - $2,339
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,629 - $2,309
Required Monthly Fees
$30

Total Monthly Price
$1,659 - $2,339
1 to 3 Bedroom Apartments Available Now

Marshall Springs at Gayton West

4501 Marshall Run CirGlen Allen, VA 23059
Corporate Housing
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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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Avia Luxury Apartments
$1,696 - $2,665
Total Monthly Price

Total Monthly Price

Base Rent
$1,656 - $2,625
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Avia Luxury Apartments

5200 Avia WayRichmond, VA 23233
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3500 West View
Rent Specials
$1,774 - $3,551
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,734 - $3,511
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

3500 West View

3500 Cox RdRichmond, VA 23233
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Innsbrook Square
Rent Specials
$1,821 - $2,526
Total Monthly Price

Total Monthly Price

Base Rent
$1,640 - $2,345
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Innsbrook Square

4301 Dominion Forest CirGlen Allen, VA 23060
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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.

property at 1921 Wigglesworth Rd

$1,962

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Required Monthly Fees
$62

Total Monthly Price
$1,962

3 Bedroom, 1 Bath Rentals

Available Now

1921 Wigglesworth Rd

BeaverdamVA23015
property at 1921 Wigglesworth Rd

$1,962

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Required Monthly Fees
$62

Total Monthly Price
$1,962

3 Bedroom, 1 Bath Rentals

Available Now

1921 Wigglesworth Rd

BeaverdamVA23015
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Ashland Woods
2 to 3 Bedroom Apartments

Ashland Woods

1100 W Omni TerAshland, VA 23005
  • Utilities Included
property at 13003 W Patrick Henry Rd

$1,550

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1 Bath Home for Rent

Available Now

property at 7239 Jericho Rd

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

3 Bedroom, 1 Bath Home for Rent

Available May 3

7239 Jericho Rd

Ruther GlenVA22546
property at 314 Thompson St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

3 Bedroom, 1 Bath Home for Rent

Available Now

314 Thompson St

AshlandVA23005
property at 2701 Main Sail Ct

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

2701 Main Sail Ct

RichmondVA23233
property at 12109 Oxford Lndg Dr

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 2 Bath Townhome for Rent

Available Now

12109 Oxford Lndg Dr

Glen AllenVA23059

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.

property at 4902 Cord Ct

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

3 Bedroom, 2 Bath Home for Rent

Available Now

4902 Cord Ct

Glen AllenVA23060
property at 2508 Sutton Pl

$2,295

Total Monthly Price

Total Monthly Price

Base Rent
$2,295

Total Monthly Price
$2,295

3 Bedroom, 2 Bath Home for Rent

Available Now

2508 Sutton Pl

RichmondVA23233

Montpelier, VA Local Guide

Cheapest Available Montpelier Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montpelier, VA is a Studio unit found at Oakbrook ~ Boutique Cottage Style Living Meets Hassle Free Leasing priced from $1,175. Kings Grant Apartments 55+ has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here is today’s list of the most affordable Montpelier apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oakbrook ~ Boutique Cottage Style Living Meets Hassle Free LeasingStudioStudio,1BA$1,175
Kings Grant Apartments 55+2BR/2BA2BR,2BA$1,200
Champions ClubThe Greenbriar1BR,1BA$1,275
Ashland Towne Square1 Bed 1 Bath1BR,1BA$1,279
Misty Pines Apartments1B 1B1BR,1BA$1,387
Oaks at GaytonThe York1BR,1BA$1,400
MAA West EndDublin I1BR,1BA$1,408
Springfield ApartmentsWillow1BR,1BA$1,424
Wellesley Terrace At Short PumpAustin1BR,1BA$1,459
Innslake PlaceA11BR,1BA$1,460

Best Value Apartments for Rent in Montpelier, VA and Nearby

As of May 02, 2026 the best value apartment in the Montpelier area is the $1.50 price per square foot Biltmore Model at The Carriage Homes at Wyndham in the in the Turnberry neighborhood starting from $1,912. The second greatest value Montpelier apartment is the Hilltop Model at Hunters Ridge starting at $2,097 with a $1.84 price per square foot . Here is today’s list of the best values for Montpelier apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Carriage Homes at WyndhamBiltmore2BR,2BA$1.50
Hunters RidgeHilltop3BR,1.5BA$1.84
Ashland Crossing2 Bedroom 1 Bath - 360662BR,1BA$1.68
Wilde Lake ApartmentsDockside3BR,2BA$1.94
Kings Grant Apartments 55+2BR/2BA2BR,2BA$1.16
Marshall Springs at Gayton WestWythe2BR,2BA$1.88
Reflections of West Creek2BR2BR,2BA$1.72
Springfield ApartmentsWillow1BR,1BA$1.89
Oaks at GaytonThe York1BR,1BA$1.94
Champions ClubThe Greenbriar1BR,1BA$1.90

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Montpelier, VA Rentals by Map

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Frequently Asked Questions about Cheap Montpelier Apartments

What is the Cheapest Studio apartment in Montpelier?

Currently the most affordable Cheap Studio Apartment in Montpelier is at Oakbrook ~ Boutique Cottage Style Living Meets Hassle Free Leasing listed at $1,175.

How much is rent for a Cheap One Bedroom Montpelier Apartment?

The lowest price for a Cheap One Bedroom Montpelier Apartment is $1,275 at Champions Club.

What is the lowest price for a Cheap Two Bedroom Montpelier Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Montpelier is starting from $1,499 at Ashland Towne Square.

What is the most affordable Montpelier Three Bedroom Apartment?

The best deal on a cheap Montpelier Three Bedroom Apartment rental is at Ashland Towne Square and starts from $1,649.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.