
Cheap Homes for Rent in Monroe Ward Neighborhood of Richmond, VA from $1,200 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Monroe Ward area of Richmond.


501 W Grace St
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.

14 W Broad St

200 W Broad St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Monroe Ward, Richmond, VA Local Guide

How much does it cost to rent a home in Monroe Ward?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monroe Ward 2 Bedroom Homes for Rent | $1,665 | $1,250 | $2,300 |
| Monroe Ward 3 Bedroom Homes for Rent | $1,900 | $1,900 | $1,900 |
| Monroe Ward 4 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Monroe Ward Neighborhood of Richmond, VA.
Explore Richmond
Best Value Apartments for Rent in Monroe Ward, VA
As of January 07, 2026 the best value apartment in the Monroe Ward area is the $1.45 price per square foot Downtown Double Suite Model at The Berkshire in the in the Downtown Richmond neighborhood starting from $2,700. The second greatest value Monroe Ward apartment is the 2BR/2.0BA Model at Park Plaza @ Belvidere starting at $2,306 with a $1.65 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. |
|---|---|---|---|
| The Berkshire | Downtown Double Suite | 2BR,2BA | $1.45 |
| Park Plaza @ Belvidere | 2BR/2.0BA | 2BR,2BA | $1.65 |
| 209 E Main St | Unit 208A | 2BR,1BA | $1.36 |
| The Jackson on Broad | 2 Bedroom 2 Bath - 19044 | 2BR,2BA | $1.69 |
| 2 E Broad St | 1BR/1.0BA | 1BR,1BA | $1.60 |
| Hammond Lofts | 102 | 1BR,1BA | $1.95 |
| 210 E Grace St | 1bed/1bath | 1BR,1BA | $1.58 |
| Mortons Apartments | 2BR/2.0BA | 2BR,2BA | $1.89 |
| Revival Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.69 |
| The Mezzo Lofts | Montage Gallery - Studios | Studio ,1BA | $1.72 |
Frequently Asked Questions about Monroe Ward
What type of rentals are currently available in Monroe Ward?
There are currently 90 Apartments for Rent in Monroe Ward, VA with pricing that ranges from $900 to $3,200. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe Ward ranging from $1,250 to $2,600.
What is the current price range for Rental Homes in Monroe Ward?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monroe Ward ranges from $1,250 to $2,600 with an average monthly rent of $2,055.
How much are larger Three and Four Bedroom Rentals in Monroe Ward?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Monroe Ward range from $1,250 to $3,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $1,900. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $1,150.
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

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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.