Cheap Homes for Rent in Monroe Ward Neighborhood of Richmond, VA from $800 (4 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Best Value Apartments for Rent in Monroe Ward, VA

As of July 28, 2025 the best value apartment in the Monroe Ward area is the $1.45 price per square foot 2BR/2.0BA Model at Park Plaza @ Belvidere in the in the Downtown Richmond neighborhood starting from $2,033. The second greatest value Monroe Ward apartment is the Motif Gallery - 2 Bedroom 1.5 Bath Model at The Mezzo Lofts starting at $1,695 with a $1.58 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.
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.45
The Mezzo LoftsMotif Gallery - 2 Bedroom 1.5 Bath2BR,1.5BA$1.58
Grace & Monroe Apartments2B | 2B - 8982BR,2BA$1.88
District Square Apartments2Bd2Ba-7942BR,2BA$1.84
404 W Broad St, Unit 201404 W Broad St1BR,1BA$1.71
Hammond Lofts1021BR,1BA$1.96
Revival Apartments1 Bedroom 1 Bath1BR,1BA$1.69
209 E Main Stunit 212 2A1BR,1BA$1.92
Atrium on Broad Apartments1 Beds, 1 Baths1BR,1BA$1.97
210 E Grace St1bed/1bath1BR,1BA$1.79

Frequently Asked Questions about Monroe Ward

What type of rentals are currently available in Monroe Ward?

There are currently 95 Apartments for Rent in Monroe Ward, VA with pricing that ranges from $900 to $4,117. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe Ward ranging from $800 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 $800 to $2,800 with an average monthly rent of $1,667.

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 $1,179 to $3,049, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,875 to $1,875. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $1,090.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.