
Cheap Apartments for Rent in the Monument Avenue Park Neighborhood of Richmond, VA from $835 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Monument Avenue Park area of Richmond.


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T and E Apartments

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Eagle Mill Lofts

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The Foundry Apartments

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Cookie Factory Lofts

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Todd Lofts

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Iron House Apartments

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Southern Stove Lofts
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Monroe Park Towers Apartments

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Coliseum Lofts

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Park West End

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Cary Belvidere Apartments

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The Collection of Historic Richmond

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The Cooperage

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Crestwood at Libbie

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Soda Flats
Rent According to Income: A Look at Income-Restricted Rentals
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1 Scott's Addition

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Overlook at Brook Run I & II

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The Nest Scott's Addition

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The Gallery Midtown Apartments

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The Carousel

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Tapestry West

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NOVEL Scott's Addition by Crescent Communities

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The Icon
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The Scout Scotts Addition

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The Russell

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SYMBOL Scotts Addition

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Canopy at Ginter Park Apartments

MAA Rove

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Scotts Edge

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The Preserve Scotts Addition

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The Summit at Scotts Addition
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Scott's View

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The Alder on Dabney
Monument Avenue Park, Richmond, VA Local Guide

How much does it cost to rent an apartment in Monument Avenue Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monument Avenue Park Studio Apartments | $1,689 | $835 | $2,741 |
| Monument Avenue Park 1 Bedroom Apartments | $1,938 | $1,075 | $8,677 |
| Monument Avenue Park 2 Bedroom Apartments | $2,650 | $1,125 | $10,000+ |
| Monument Avenue Park 3 Bedroom Apartments | $2,730 | $1,562 | $3,800 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Monument Avenue Park Neighborhood of Richmond, VA.
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Cheapest Available Monument Avenue Park Apartments for Rent
 The cheapest available apartment rental in the Monument Avenue Park area of Richmond, VA is a Studio unit found at Legacy at Imperial Village priced from $835. Eagle Mill Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,075. Here are the most affordable Monument Avenue Park apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Legacy at Imperial Village | Studio | Studio, 1BA | $835 |
| Eagle Mill Lofts | Studios | Studio, 1BA | $1,075 |
| The Foundry Apartments | One Bedroom | 1BR, 1BA | $1,135 |
| Southern Stove Lofts | studio | Studio, 1BA | $1,250 |
| Cookie Factory Lofts | 1 Bed/ 1 Bath | 1BR, 1BA | $1,250 |
| Monroe Park Towers Apartments | 0BR/1.0BA | Studio, 1BA | $1,268 |
| Coliseum Lofts | A4 | 1BR, 1BA | $1,299 |
| Park West End | The Maymont | 1BR, 1BA | $1,302 |
| Cary Belvidere Apartments | Studio | Studio, 1BA | $1,335 |
| The Cooperage | 1 Bedroom / 1 Bathroom: Flat | 1BR, 1BA | $1,375 |
Best Value Apartments for Rent in Monument Avenue Park, VA
As of September 21, 2026 the best value apartment in the Monument Avenue Park area is the $1.54 price per square foot The Ownby Model at The Westbrook Townhomes at Brewers Row in the Bellevue neighborhood starting from $2,691. The second greatest value Monument Avenue Park apartment is the 2BR/2.0BA Model at Park Plaza @ Belvidere in the Downtown Richmond neighborhood starting at $2,014 with a $1.44 price per square foot. Here is today’s list of the best values for Monument Avenue Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Westbrook Townhomes at Brewers Row | The Ownby | 3BR, 2.5BA | $1.54 |
| Park Plaza @ Belvidere | 2BR/2.0BA | 2BR, 2BA | $1.44 |
| Cookie Factory Lofts | 3 Bed/ 2 Bath Balcony | 3BR, 2BA | $1.97 |
| Overlook at Brook Run I & II | Two Bedroom | 2BR, 2BA | $1.40 |
| Iron House Apartments | 2 Bedroom 2 Bath | 2BR, 2BA | $1.91 |
| SYMBOL Scotts Addition | The Signature | 1BR, 1.5BA | $1.98 |
| Scotts Edge | 1x1 | 1BR, 1BA | $2.09 |
| Crestwood at Libbie | 2X1 | 2BR, 1BA | $2.10 |
| The Foundry Apartments | One Bedroom | 1BR, 1BA | $1.80 |
| Legacy at Imperial Village | One Bedroom One Bath Standard | 1BR, 1BA | $1.94 |
Frequently Asked Questions about Cheap Monument Avenue Park Apartments
What is a cheap apartment in Monument Avenue Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Monument Avenue Park is under $1,375.
What is the price of a cheap apartment in Monument Avenue Park?
The cheapest apartment in Monument Avenue Park is Legacy at Imperial Village which is listed at $1,085, while the average apartment in Monument Avenue Park costs $1,979.
What types of apartments are the cheapest in Monument Avenue Park?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 96 regular apartments in Monument Avenue Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Monument Avenue Park?
Cheap apartments in Monument Avenue Park have an average cost of $225 which is $1,754 cheaper than the average rent for all rentals in Monument Avenue Park.
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.
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