
Cheap Homes for Rent near Montpelier, VA from $1,900 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Montpelier.


1921 Wigglesworth Rd

5633 Lake Sharon Dr

4419 Fort Mchenry Pkwy

12003 Shore View Dr
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

4320 Bon Secours Pkwy

4666 Twin Hickory Lake Dr

4315 Broad Hill Dr

2316 Horsley Dr

15358 Binns Rd
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Montpelier, VA Local Guide

How much does it cost to rent a home in Montpelier?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montpelier 2 Bedroom Homes for Rent | $2,525 | $2,400 | $2,650 |
| Montpelier 3 Bedroom Homes for Rent | $2,589 | $1,907 | $3,400 |
| Montpelier 4 Bedroom Homes for Rent | $2,899 | $2,295 | $3,200 |
| Montpelier 5 Bedroom Homes for Rent | $3,435 | $2,675 | $4,650 |
| Montpelier 6 Bedroom Homes for Rent | $3,490 | $3,490 | $3,490 |
Browse Top Homes for Rent in Montpelier
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Montpelier, VA Local Guide
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Cheapest Available Montpelier Apartments for Rent and Nearby
 The cheapest available apartment rental in Montpelier, VA is a Studio unit found at Oakbrook Apartments priced from $1,195. Champions Club in the Turnberry neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,260. Here is today’s list of the most affordable Montpelier apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oakbrook Apartments | Studio | Studio,1BA | $1,195 |
| Champions Club | The Greenbriar | 1BR,1BA | $1,260 |
| Ashland Woods | 2 Bedroom 1.5 Bath Townhouse | 2BR,1BA | $1,292 |
Best Value Apartments for Rent in Montpelier, VA and Nearby
As of July 25, 2026 the best value apartment in the Montpelier area is the $1.82 price per square foot Washington Model at Marshall Springs at Gayton West in the starting from $2,349. The second greatest value Montpelier apartment is the Jamesport Model at MAA Hunton Park starting at $1,808 with a $1.40 price per square foot in the Turnberry neighborhood. 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. |
|---|---|---|---|
| Marshall Springs at Gayton West | Washington | 3BR,2BA | $1.82 |
| MAA Hunton Park | Jamesport | 2BR,2BA | $1.40 |
| Hunters Ridge | Hilltop | 3BR,1.5BA | $1.50 |
| Ashland Woods | 2 Bedroom 1.5 Bath Townhouse | 2BR,1.5BA | $1.44 |
| MAA West End | Winchester II | 2BR,2BA | $1.91 |
| Reflections of West Creek | 1BR | 1BR,1BA | $1.80 |
| The Carriage Homes at Wyndham | Aspen | 1BR,1BA | $1.77 |
| Wilde Lake Apartments | Admiral | 1BR,1BA | $1.89 |
| Addison at Wyndham | Wellesley | 1BR,1BA | $1.94 |
| Champions Club | The Greenbriar | 1BR,1BA | $1.88 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Montpelier
What type of rentals are currently available in Montpelier?
There are currently 35 Apartments for Rent in Montpelier, VA with pricing that ranges from $900 to $5,055. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montpelier ranging from $1,907 to $4,650.
What is the current price range for Rental Homes in Montpelier?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Montpelier ranges from $1,907 to $4,650 with an average monthly rent of $2,987.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.