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$1,0951 Bedroom Apartments Available Aug 10
421 W Grace St, Unit 203
421 W Grace StRichmond, VA 23220
Cheap Homes for Rent in Monroe Ward Neighborhood of Richmond, VA from $1,300 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Monroe Ward area of Richmond.
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$1,2952 Bedroom Apartments Available Jun 10
501 W Grace St, Unit A
501 W Grace StRichmond, VA 23220
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$1,3952 Bedroom Apartments Available Aug 10
421 W Grace St, Unit 101
421 W Grace StRichmond, VA 23220
421 W Grace St
RichmondVA23220
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$1,3952 Bedroom Apartments Available Aug 10
507 W Grace St, Unit C
507 W Grace StRichmond, VA 23220
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$1,3952 Bedroom Apartments Available Aug 10
505 W Grace St, Unit APT B
505 W Grace 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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$1,4502 Bedroom Apartments Available Aug 10
421 W Grace St, Unit 100
421 W Grace StRichmond, VA 23220
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$1,4952 Bedroom Apartments Available Aug 10
404 W Grace St, Unit 3
404 W Grace StRichmond, VA 23220
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$1,7953 Bedroom Apartments Available Aug 10
402 W Grace St, Unit 3
402 W Grace StRichmond, VA 23220
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$1,7953 Bedroom Apartments Available Aug 10
505 W Grace St, Unit A
505 W Grace StRichmond, VA 23220
123 E Broad St
RichmondVA23219
209 W Clay St
RichmondVA23220
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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Monroe Ward, Richmond, VA Local Guide
Copyright CoStar Group, Inc
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 | $2,030 | $1,395 | $2,800 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 12 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 Studio unit found at Towers on Franklin priced from $1,035. The Mezzo Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,096. Here are the most affordable Monroe Ward apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Towers on Franklin | Harrison | Studio,1BA | $1,035 |
| The Mezzo Lofts | Montage Gallery - Studios | Studio,1BA | $1,096 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1,119 |
| The Jackson on Broad | 0 Bedroom 1 Bath - 30567 | Studio,1BA | $1,130 |
| Atrium on Broad Apartments | 1BR/1.0BA | 1BR,1BA | $1,149 |
Best Value Apartments for Rent in Monroe Ward, VA
As of April 25, 2026 the best value apartment in the Monroe Ward area is the $1.44 price per square foot Downtown Double Suite Model at The Berkshire in the in the Downtown Richmond neighborhood starting from $2,680. The second greatest value Monroe Ward apartment is the 2 Beds 1 Bath Model at 110 E Cary St starting at $1,500 with a $1.26 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 | $1.44 |
| 110 E Cary St | 2 Beds 1 Bath | 2BR,1BA | $1.26 |
| 209 E Main St | Unit 208A | 2BR,1BA | $1.36 |
| 210 E Grace St | 2 Bed/2 Bath | 2BR,2BA | $1.35 |
| 1 West Cary Apartments | 2BR/1.0BA | 2BR,1BA | $1.72 |
| Hammond Lofts | 102 | 1BR,1BA | $1.81 |
| Revival | 1 Bedroom / 1 Bath - 464sqft | 1BR,1BA | $1.77 |
| Atrium on Broad Apartments | 1BR/1.0BA | 1BR,1BA | $1.91 |
| Mortons Apartments | 1BR/1.0BA | 1BR,1BA | $1.89 |
| The Jackson on Broad | 0 Bedroom 1 Bath - 30567 | Studio ,1BA | $1.93 |
Frequently Asked Questions about Monroe Ward
What type of rentals are currently available in Monroe Ward?
There are currently 93 Apartments for Rent in Monroe Ward, VA with pricing that ranges from $1,035 to $2,950. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe Ward ranging from $1,395 to $2,800.
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 $1,395 to $2,800 with an average monthly rent of $2,030.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.