Cheap Apartments for Rent in the Monroe Ward Neighborhood of Richmond, VA from $600 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Monroe Ward area of Richmond.

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Richmond Arts
Studio to 2 Bedroom Apartments

Richmond Arts

115 N 1st StRichmond, VA 23219
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Jernigin Hall
Studio to 1 Bedroom Apartments

Jernigin Hall

314 W Grace StRichmond, VA 23220
Student Housing
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501-503 E Main St
1 Bedroom Apartments

501-503 E Main St

501-503 E Main StRichmond, VA 23219
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Linden Tower
1 to 2 Bedroom Apartments

Linden Tower

116 E Franklin StRichmond, VA 23219
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1 West Cary
1 to 2 Bedroom Apartments

1 West Cary

106 S Foushee StRichmond, VA 23220
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Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA

Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.

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Hammond Lofts
1 to 3 Bedroom Apartments

Hammond Lofts

109 E Broad StRichmond, VA 23219
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The Jackson on Broad
Studio to 2 Bedroom Apartments

The Jackson on Broad

20-22 E Broad StRichmond, VA 23219
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Showing Results 1-20, Page 1 of 1

Cheapest Available Monroe Ward Apartments for Rent

 

The cheapest available apartment rental in the Monroe Ward area of Richmond, VA is a Studio unit found at Towers on Franklin priced from $900. Atrium on Broad Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here are the most affordable Monroe Ward apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Towers on FranklinHarrisonStudio,1BA$900
Atrium on Broad Apartments1BR/1.0BA1BR,1BA$1,025
210 E Grace St1bed/1bath1BR,1BA$1,100
Hammond Lofts2051BR,1BA$1,129
District Square Apartments1Bd15Ba6741BR,1BA$1,144

Best Value Apartments for Rent in Monroe Ward, VA

As of January 20, 2026 the best value apartment in the Monroe Ward area is the $1.41 price per square foot 3BR/3.0BA Model at Park Plaza @ Belvidere in the in the Downtown Richmond neighborhood starting from $2,905. The second greatest value Monroe Ward apartment is the Downtown Double Suite Model at The Berkshire starting at $2,700 with a $1.45 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Monroe Ward apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park Plaza @ Belvidere3BR/3.0BA3BR,3BA$1.41
The BerkshireDowntown Double Suite2BR,2BA$1.45
209 E Main StUnit 208A2BR,1BA$1.36
The Jackson on Broad2 Bedroom 2 Bath - 190442BR,2BA$1.69
The Mezzo LoftsMosaic Gallery - 1 Bedroom 1 Bath1BR,1BA$1.66
2 E Broad St1BR/1.0BA1BR,1BA$1.60
Atrium on Broad Apartments1BR/1.0BA1BR,1BA$1.44
210 E Grace St1bed/1bath1BR,1BA$1.58
Revival Apartments1 Bedroom 1 Bath1BR,1BA$1.69
District Square Apartments1Bd15Ba6741BR,1.5BA$1.70

Frequently Asked Questions about Cheap Monroe Ward Apartments

What is the Cheapest Studio apartment in Monroe Ward?

Currently the most affordable Cheap Studio Apartment in Monroe Ward is at Towers on Franklin listed at $900.

How much is rent for a Cheap One Bedroom Monroe Ward Apartment?

The lowest price for a Cheap One Bedroom Monroe Ward Apartment is $1,025 at Atrium on Broad Apartments.

What is the lowest price for a Cheap Two Bedroom Monroe Ward Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Monroe Ward is starting from $1,278 at The Mezzo Lofts.

What is the most affordable Monroe Ward Three Bedroom Apartment?

The best deal on a cheap Monroe Ward Three Bedroom Apartment rental is at Parc View at Commonwealth and starts from $1,250.

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

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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.

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Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters

Written by: Richard Corrigan

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.

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Explore The River City Like a Local: The Insiders Guide to Renting in Richmond, VA

Written by: Richard Corrigan

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.

Articles, How-To's, and Tips

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!