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$1,061 - $2,875
Plus Fees
1 to 3 Bedroom Apartments Contact Us For AvailabilityThe Berkshire
300 W Franklin StRichmond, VA 23220
Cheap Apartments for Rent in the Monroe Ward Neighborhood of Richmond, VA from $700 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Monroe Ward area of Richmond.
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$1,100 - $1,700
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,100 - $1,700
Total Monthly Price
Varies
209 E Main St
209 E Main StRichmond, VA 23219
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Rent Specials
$1,135 - $2,139
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$990 - $1,994
Required Monthly Fees
$145
Total Monthly Price
$1,135 - $2,139
Towers on Franklin
104 W Franklin StRichmond, VA 23220
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$1,139 - $1,279
Plus Fees
1 Bedroom Apartments Available NowMorton Building Apartments
213 E Broad StRichmond, VA 23219
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$1,145 - $2,190
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available Jul 29Grace & Monroe Apartments
401 W Grace StRichmond, VA 23220
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$1,164 - $1,559
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowDistrict Square Apartments
111-117 W Marshall StRichmond, VA 23220
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$1,164 - $1,750
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowMonroe Park Towers
520 W Franklin StRichmond, VA 23220
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$1,187
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,175
Required Monthly Fees
$12
Total Monthly Price
$1,187
17 W Main St, Unit 203
17 W Main StRichmond, VA 23220
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.
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$1,195Studio Apartments Available Now
311 W Franklin St, Unit 1105
311 W Franklin StRichmond, VA 23220
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Rent Specials
$1,216 - $3,815
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Mezzo Lofts
17 W Broad StRichmond, VA 23220
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$1,2502 Bedroom Apartments Available Aug 10
501 W Grace St, Unit B
501 W Grace StRichmond, VA 23220
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$1,279 - $1,539
Plus Fees
1 Bedroom Apartments Available NowAtrium on Broad
115 E Broad StRichmond, VA 23219
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Studio to 2 Bedroom Apartments
Richmond Arts
115 N 1st StRichmond, VA 23219
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Studio to 1 Bedroom Apartments
Jernigin Hall
314 W Grace StRichmond, VA 23220
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Studio to 2 Bedroom Apartments
The Richmond Dairy Apartments
201 W Marshall StRichmond, VA 23220
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1 Bedroom Apartments
501-503 E Main St
501-503 E Main StRichmond, VA 23219
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.
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1 to 2 Bedroom Apartments
Linden Tower
116 E Franklin StRichmond, VA 23219
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1 to 2 Bedroom Apartments
1 West Cary
106 S Foushee StRichmond, VA 23220
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Studio to 2 Bedroom Apartments
The Jackson on Broad
20-22 E Broad StRichmond, VA 23219
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Studio to 1 Bedroom Apartments
Revival
116 N 3rd StRichmond, VA 23219
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Studio to 2 Bedroom Apartments
Landmark at Marshall Broad
5 E Marshall StRichmond, VA 23219
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1 Bedroom Apartments
Logan House Apartments
500 W Franklin StRichmond, VA 23220
123 E Broad St
RichmondVA23219
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1 to 3 Bedroom Apartments
Hammond Lofts
109 E Broad StRichmond, VA 23219
Cash 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.
Showing Results 1-24, Page 1 of 1
Monroe Ward, Richmond, VA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Monroe Ward?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monroe Ward Studio Apartments | $1,209 | $1,135 | $1,363 |
| Monroe Ward 1 Bedroom Apartments | $1,470 | $1,061 | $2,300 |
| Monroe Ward 2 Bedroom Apartments | $1,851 | $1,164 | $2,875 |
| Monroe Ward 3 Bedroom Apartments | $1,619 | $1,250 | $2,950 |
| Monroe Ward 4 Bedroom Apartments | $1,189 | $1,150 | $1,260 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Monroe Ward Neighborhood of Richmond, VA.
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Cheapest Available Monroe Ward Apartments for Rent
The cheapest available apartment rental in the Monroe Ward area of Richmond, VA is a 1 Bed unit found at 209 E Main St priced from $1,100. Mortons Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,139. Here are the most affordable Monroe Ward apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 209 E Main St | Unit 4,6,8 | 1BR,1BA | $1,100 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1,139 |
| Monroe Park Towers Apartments | 0BR/1.0BA | Studio,1BA | $1,164 |
| District Square Apartments | 2Bd2Ba-727 | 2BR,2BA | $1,164 |
| Revival | 1 Bedroom / 1 Bath - 464sqft | 1BR,1BA | $1,205 |
Best Value Apartments for Rent in Monroe Ward, VA
As of June 10, 2026 the best value apartment in the Monroe Ward area is the $1.33 price per square foot 2BR/2.0BA Model at Park Plaza at Belvidere in the in the Downtown Richmond neighborhood starting from $1,862. The second greatest value Monroe Ward apartment is the 16 W Broad St Model at 16 W Broad St, Unit Apartment 1 starting at $1,900 with a $1.36 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park Plaza at Belvidere | 2BR/2.0BA | 2BR,2BA | $1.33 |
| 16 W Broad St, Unit Apartment 1 | 16 W Broad St | 3BR,2BA | $1.36 |
| 210 E Grace St | 2 Bed/2 Bath | 2BR,2BA | $1.35 |
| 11 E Broad St | 1 Beds, 1 Baths | 1BR,1BA | $2.00 |
| Morton Building Apartments | 1BR/1.0BA | 1BR,1BA | $1.25 |
| District Square Apartments | 2Bd2Ba-727 | 2BR,2BA | $1.60 |
| Revival | 1 Bedroom / 1 Bath - 464sqft | 1BR,1BA | $1.77 |
| The Mezzo Lofts | Mosaic Gallery - 1 Bedroom 1 Bath | 1BR,1BA | $1.84 |
| Atrium on Broad | 1BR/1.0BA | 1BR,1BA | $2.12 |
| 209 E Main St | Unit 212 | 1BR,1BA | $2.00 |
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 209 E Main St which is listed at $1,100, 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.
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.
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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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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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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.
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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
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
Written by: Robin Stewart
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.