
Cheap Homes for Rent in the Monticello Village Neighborhood of Norfolk, VA from $800 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Monticello Village area of Norfolk.


7384 Kirby Crescent

718 Lesner Ave, Unit 4
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.

718 Lesner Ave, Unit 2

7449 Fenner St

211 Maycox Ave
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.
Monticello Village, Norfolk, VA Local Guide

How much does it cost to rent a home in Monticello Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monticello Village 2 Bedroom Homes for Rent | $1,577 | $1,095 | $2,100 |
| Monticello Village 3 Bedroom Homes for Rent | $1,975 | $1,950 | $2,000 |
| Monticello Village 4 Bedroom Homes for Rent | $2,451 | $2,095 | $2,895 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 1 mile radius of the Monticello Village Neighborhood of Norfolk, VA.
Explore Norfolk
Cheapest Available Monticello Village Apartments for Rent
 The cheapest available apartment rental in the Monticello Village area of Norfolk, VA is a 2 Beds unit found at Berkley Square Apartments priced from $1,103. Monticello Village at Ashlawn Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here are the most affordable Monticello Village apartments for rent in Norfolk, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Berkley Square Apartments | 2 Bedroom Apartment | 2BR,1BA | $1,103 |
| Monticello Village at Ashlawn Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1,200 |
| Fenner Gardens Apartments | 1bd/1ba | 1BR,1BA | $1,394 |
Best Value Apartments for Rent in Monticello Village, VA
As of July 08, 2026 the best value apartment in the Monticello Village area is the $1.36 price per square foot 1 Bedroom Model at Paradigm Apartments in the in the Edgewater neighborhood starting from $1,395. The second greatest value Monticello Village apartment is the B1 - Renovated Model at Crossroads Landing starting at $1,450 with a $1.53 price per square foot in the Suburban Acres neighborhood. Here is today’s list of the best values for Monticello Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Paradigm Apartments | 1 Bedroom | 1BR,1BA | $1.36 |
| Crossroads Landing | B1 - Renovated | 2BR,1BA | $1.53 |
| Berkley Square Apartments | 2 Bedroom Apartment | 2BR,1BA | $1.16 |
| 507 Ashlawn Dr | 2 Beds, 1 Baths | 2BR,1BA | $1.86 |
| Monticello Village at Ashlawn Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.67 |
| Fenner Gardens Apartments | 1bd/1ba | 1BR,1BA | $2.63 |
Frequently Asked Questions about Monticello Village
What type of rentals are currently available in Monticello Village?
There are currently 78 Apartments for Rent in Monticello Village, VA with pricing that ranges from $875 to $2,840. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monticello Village ranging from $850 to $2,895.
What is the current price range for Rental Homes in Monticello Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monticello Village ranges from $850 to $2,895 with an average monthly rent of $1,732.
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

The Best Affordable Neighborhoods for Renters in Norfolk, VA: Great Price Meets Quality of Life
Written by: James W. Vickers
Norfolk, Virginia, experienced a surprising population decline to 238,005 residents in the 2020 census, considering its low cost of living and high quality of life index. Renting an apartment falls well below the national average.

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.