
Cheap Homes for Rent in Monroe Ward Neighborhood of Richmond, VA from $800 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Monroe Ward area of Richmond.

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.

501 W Grace 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.

200 W Broad St
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 | $2,300 | $2,300 | $2,300 |
| Monroe Ward 3 Bedroom Homes for Rent | $1,640 | $850 | $2,170 |
| Monroe Ward 4 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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 19, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park Plaza @ Belvidere | 3BR/3.0BA | 3BR,3BA | $1.41 |
| The Berkshire | Downtown Double Suite | 2BR,2BA | $1.45 |
| 209 E Main St | Unit 208A | 2BR,1BA | $1.36 |
| The Jackson on Broad | 2 Bedroom 2 Bath - 19044 | 2BR,2BA | $1.69 |
| The Mezzo Lofts | Mosaic Gallery - 1 Bedroom 1 Bath | 1BR,1BA | $1.66 |
| 2 E Broad St | 1BR/1.0BA | 1BR,1BA | $1.60 |
| Atrium on Broad Apartments | 1BR/1.0BA | 1BR,1BA | $1.44 |
| 210 E Grace St | 1bed/1bath | 1BR,1BA | $1.58 |
| Revival Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.69 |
| District Square Apartments | 1Bd15Ba674 | 1BR,1.5BA | $1.70 |
Frequently Asked Questions about Monroe Ward
What type of rentals are currently available in Monroe Ward?
There are currently 89 Apartments for Rent in Monroe Ward, VA with pricing that ranges from $900 to $2,905. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe Ward ranging from $850 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 $850 to $2,600 with an average monthly rent of $2,180.
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 $2,905, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,170. 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.
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
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.

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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!