
Cheap 2 Bedroom Apartments for Rent in the Monroe Ward Neighborhood of Richmond, VA from $1,164 (4 Rentals)


501 W Grace St, Unit B
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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.

The Richmond Dairy Apartments

Linden Tower
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Monroe Ward, Richmond, VA Local Guide

How much does it cost to rent an apartment in Monroe Ward?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monroe Ward Studio Apartments | $1,217 | $1,135 | $1,543 |
| Monroe Ward 1 Bedroom Apartments | $1,471 | $1,061 | $2,300 |
Monroe Ward 2 Bedroom Apartments | $1,854 | $1,164 | $2,875 |
| Monroe Ward 3 Bedroom Apartments | $1,673 | $1,250 | $2,950 |
| Monroe Ward 4 Bedroom Apartments | $1,189 | $1,150 | $1,260 |
Explore Richmond
Frequently Asked Questions about Cheap Monroe Ward Apartments
What is a cheap apartment in Monroe Ward?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Monroe Ward is under $1,450.
What is the price of a cheap apartment in Monroe Ward?
The cheapest apartment in Monroe Ward is District Square Apartments which is listed at $1,164, while the average apartment in Monroe Ward costs $1,756.
What types of apartments are the cheapest in Monroe Ward?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 19 regular apartments in Monroe Ward that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Monroe Ward?
Cheap apartments in Monroe Ward have an average cost of $786 which is $970 cheaper than the average rent for all rentals in Monroe Ward.
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.
Helpful Local Expert Guides

A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA
Written by: Richard Corrigan
Richmond is rightly considered one of the best places to live on the East Coast. We love Richmond’s rich history, phenomenal culinary scene, unique art and culture, and its next-level parks and green spaces.

Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters
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Richmond isn't always thought of as a college town, but there are actually several major colleges and universities here. One thing Richmond does get credit for—and rightfully so—is being a very neighborhood-friendly city.

Explore The River City Like a Local: The Insiders Guide to Renting in Richmond, VA
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Welcome to Richmond! For those unfamiliar, it’s Virginia’s state capitol, a city with a long and rich history, and—some might say—Virginia’s biggest small town. There’s a lot to love about living here.

Your Richmond Neighborhood Guide: Living Near the City's Top Employers
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Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.
Articles, How-To's, and Tips

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Pet-Friendly Renting: Everything You Need to Know Before You Move
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.