13003 W Patrick Henry Rd
AshlandVA23005
Cheap Homes for Rent in Montpelier, VA from $1,500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Montpelier.
2406 Barnside Cir
RichmondVA23233
1820 Cambridge Ct
RichmondVA23238
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.
1921 Wigglesworth Rd
BeaverdamVA23015
1921 Wigglesworth Rd
BeaverdamVA23015
314 Thompson St
AshlandVA23005
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.
2701 Main Sail Ct
RichmondVA23233
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Montpelier, VA Local Guide
Virginia Skies by ncindc is licensed under CC BY 2.0
How much does it cost to rent a home in Montpelier?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montpelier 2 Bedroom Homes for Rent | $2,091 | $1,550 | $2,650 |
| Montpelier 3 Bedroom Homes for Rent | $2,488 | $1,850 | $3,250 |
| Montpelier 4 Bedroom Homes for Rent | $2,852 | $2,300 | $3,400 |
| Montpelier 5 Bedroom Homes for Rent | $3,600 | $3,600 | $3,600 |
| Montpelier 6 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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 ~ 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 |
Best Value Apartments for Rent in Montpelier, VA and Nearby
As of April 25, 2026 the best value apartment in the Montpelier area is the $1.58 price per square foot Berkeley Model at The Carriage Homes at Wyndham in the in the Turnberry neighborhood starting from $2,123. The second greatest value Montpelier apartment is the Hilltop Model at Hunters Ridge starting at $2,052 with a $1.80 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 | Berkeley | 2BR,2BA | $1.58 |
| Hunters Ridge | Hilltop | 3BR,1.5BA | $1.80 |
| Ashland Crossing | 2 Bedroom 1 Bath - 36066 | 2BR,1BA | $1.68 |
| Addison at Wyndham | Madison | 2BR,2BA | $1.82 |
| Marshall Springs at Gayton West | Wythe | 2BR,2BA | $1.88 |
| Reflections of West Creek | 2BR | 2BR,2BA | $1.72 |
| Misty Pines Apartments | 2B 1.5 BA | 2BR,1.5BA | $1.87 |
| Ashland Woods | 2 Bedroom 1.5 Bath Townhouse | 2BR,1.5BA | $1.44 |
| Springfield Apartments | Willow | 1BR,1BA | $1.91 |
| Champions Club | The Greenbriar | 1BR,1BA | $1.90 |
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.
Read Article
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 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.
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Explore Montpelier, VA Rentals by Map
See the most popular apartments and homes in Montpelier, VA
Frequently Asked Questions about Montpelier
What type of rentals are currently available in Montpelier?
There are currently 34 Apartments for Rent in Montpelier, VA with pricing that ranges from $1,175 to $5,017. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montpelier ranging from $1,550 to $3,600.
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 $1,550 to $3,600 with an average monthly rent of $2,906.
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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.