Cheap Homes for Rent in Monroe Ward Neighborhood of Richmond, VA from $800 (2 Rentals)

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

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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.

Best Value Apartments for Rent in Monroe Ward, VA

As of December 05, 2025 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The BerkshireDowntown Double Suite2BR,2BA$1.45
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.65
209 E Main StUnit 208A2BR,1BA$1.36
The Jackson on Broad2 Bedroom 2 Bath - 190442BR,2BA$1.69
Grace & Monroe Apartments2B | 2B - 8242BR,2BA$1.74
2 E Broad St1BR/1.0BA1BR,1BA$1.60
210 E Grace St1bed/1bath1BR,1BA$1.56
Revival Apartments1 Bedroom 1 Bath1BR,1BA$1.69
The Mezzo LoftsMontage Gallery - StudiosStudio ,1BA$1.68
404 W Broad St, Unit 304404 W Broad StStudio ,1BA$1.75

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 $850 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 $850 to $2,800 with an average monthly rent of $1,946.

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 $850 to $1,900. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $1,150.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

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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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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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!