
Cheap Apartments for Rent in Montpelier, VA from $700 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Montpelier.


Champions Club

Kings Grant Apartments 55+

Ashland Towne Square

Oaks at Gayton

Misty Pines Apartments

MAA West End

Innslake Place
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.

Total Monthly Price
Springfield Apartments

Reflections of West Creek

Wilde Lake Apartments

Total Monthly Price
Wellesley Terrace At Short Pump

Total Monthly Price
Metropolis Apartments

Total Monthly Price
The Crossings at Short Pump

Total Monthly Price
Addison at Wyndham

MAA Hunton Park
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.

Total Monthly Price
Hunters Ridge

Total Monthly Price
Triton Glen

MAA Glen Allen

The Madison Apartments

Total Monthly Price
The Carriage Homes at Wyndham

Total Monthly Price
Breckenridge

Abberly Twin Hickory Apartment Homes

Total Monthly Price
Marshall Springs at Gayton West
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.

Total Monthly Price
Avia Luxury Apartments

Trails at Short Pump Apartments

Flats at West Broad Village

Total Monthly Price
3500 West View

Total Monthly Price
Everleigh Short Pump 55+ Active Adult Apartment Homes

Total Monthly Price
Innsbrook Square

Ashland Crossing

MAA West Creek
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.

1921 Wigglesworth Rd

1921 Wigglesworth Rd

Ashland Woods

13003 W Patrick Henry Rd

7239 Jericho Rd

314 Thompson St

2701 Main Sail Ct

12109 Oxford Lndg Dr
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.

4902 Cord Ct

2508 Sutton Pl
Montpelier, VA Local Guide

How much does it cost to rent an apartment in Montpelier?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montpelier Studio Apartments | $1,383 | $1,175 | $1,540 |
| Montpelier 1 Bedroom Apartments | $1,738 | $1,180 | $3,220 |
| Montpelier 2 Bedroom Apartments | $2,097 | $1,200 | $5,448 |
| Montpelier 3 Bedroom Apartments | $2,584 | $1,649 | $5,208 |
Browse Top Apartments in Montpelier
See all Apartments in MontpelierExplore Montpelier
Montpelier, VA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oakbrook ~ Boutique Cottage Style Living Meets Hassle Free Leasing | Studio | Studio,1BA | $1,175 |
| Kings Grant Apartments 55+ | 2BR/2BA | 2BR,2BA | $1,200 |
| Champions Club | The Greenbriar | 1BR,1BA | $1,275 |
| Ashland Towne Square | 1 Bed 1 Bath | 1BR,1BA | $1,279 |
| Misty Pines Apartments | 1B 1B | 1BR,1BA | $1,387 |
| Oaks at Gayton | The York | 1BR,1BA | $1,400 |
| MAA West End | Dublin I | 1BR,1BA | $1,408 |
| Springfield Apartments | Willow | 1BR,1BA | $1,424 |
| Wellesley Terrace At Short Pump | Austin | 1BR,1BA | $1,459 |
| Innslake Place | A1 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Carriage Homes at Wyndham | Biltmore | 2BR,2BA | $1.50 |
| Hunters Ridge | Hilltop | 3BR,1.5BA | $1.84 |
| Ashland Crossing | 2 Bedroom 1 Bath - 36066 | 2BR,1BA | $1.68 |
| Wilde Lake Apartments | Dockside | 3BR,2BA | $1.94 |
| Kings Grant Apartments 55+ | 2BR/2BA | 2BR,2BA | $1.16 |
| Marshall Springs at Gayton West | Wythe | 2BR,2BA | $1.88 |
| Reflections of West Creek | 2BR | 2BR,2BA | $1.72 |
| Springfield Apartments | Willow | 1BR,1BA | $1.89 |
| Oaks at Gayton | The York | 1BR,1BA | $1.94 |
| Champions Club | The Greenbriar | 1BR,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.
Read Article10 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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Montpelier, VA Rentals by Map
See the most popular apartments and homes in Montpelier, VA
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

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.

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.

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.

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.