Cheap Apartments for Rent in the Monument Avenue Park Neighborhood of Richmond, VA from $800 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Monument Avenue Park area of Richmond.

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Coliseum Lofts
$971 - $2,881
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$959 - $2,869
Required Monthly Fees
$12

Total Monthly Price
$971 - $2,881
Studio to 3 Bedroom Apartments Available Now

Coliseum Lofts

1335-1387 W Broad StRichmond, VA 23220
Student Housing
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T and E Apartments
Rent Specials
$1,095 - $1,995
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,095 - $1,995

Total Monthly Price
$1,095 - $1,995
Studio to 3 Bedroom Apartments Available Jul 30

T and E Apartments

1011 W Marshall StRichmond, VA 23220
Transit Friendly
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  • Smoke Free
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Iron House Apartments
Rent Specials
$1,228 - $1,925
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,123 - $1,820
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Aug 7

Iron House Apartments

1309 W Broad StRichmond, VA 23220
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Todd Lofts
Rent Specials
$1,405 - $2,842
Total Monthly Price

Total Monthly Price

Base Rent
$1,405 - $2,842

Total Monthly Price
$1,405 - $2,842
Studio to 3 Bedroom Apartments Available Now

Todd Lofts

1128 Hermitage RdRichmond, VA 23220
Corporate Housing
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  • Utilities Included
property at 36oo W Broad St

$1,415

Total Monthly Price

Total Monthly Price

Base Rent
$1,415

Total Monthly Price
$1,415

1 Bedroom, 1 Bath Home for Rent

Available Now

36oo W Broad St

RichmondVA23230
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The Carousel
$1,442 - $2,741
Total Monthly Price

Total Monthly Price

Base Rent
$1,442 - $2,741

Total Monthly Price
$1,442 - $2,741
Studio to 2 Bedroom Apartments Available Jul 19

The Carousel

2400 Grayland AveRichmond, VA 23220
Family Friendly
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  • Low Income

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The Cooperage
$1,529 - $3,830
Total Monthly Price

Total Monthly Price

Base Rent
$1,529 - $3,830

Total Monthly Price
$1,529 - $3,830
1 to 2 Bedroom Apartments Available Now

The Cooperage

1650 Overbrook RdRichmond, VA 23220
Corporate Housing
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  • Utilities Included
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The Icon
$1,545 - $3,938
Total Monthly Price

Total Monthly Price

Base Rent
$1,545 - $3,938

Total Monthly Price
$1,545 - $3,938
1 to 2 Bedroom Apartments Available Jul 31

The Icon

1209 Mactavish AveRichmond, VA 23230
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Scott's View
$1,564 - $3,803
Total Monthly Price

Total Monthly Price

Base Rent
$1,564 - $3,803

Total Monthly Price
$1,564 - $3,803
1 to 2 Bedroom Apartments Available Now

Scott's View

3410 W Clay StRichmond, VA 23230
Corporate Housing
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Otis
Rent Specials
$1,599 - $12,714
Total Monthly Price

Total Monthly Price

Base Rent
$1,518 - $12,633
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Otis

1661 Roseneath RdRichmond, VA 23230
Pet Friendly
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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 2 Beds apartment currently listed from $950. Here are the most affordable Monument Avenue Park apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Legacy at Imperial VillageStudioStudio,1BA$835
Eagle Mill Lofts2bed 2bth2BR,2BA$950
Coliseum LoftsE1Studio,1BA$971
Monroe Park Towers Apartments0BR/1.0BAStudio,1BA$1,164
Park West EndThe Maymont1BR,1BA$1,173
Cookie Factory LoftsStudioStudio,1BA$1,199
Southern Stove LoftsstudioStudio,1BA$1,275
Cary Belvidere ApartmentsStudioStudio,1BA$1,335
Pierce ArrowStudioStudio,1BA$1,355
Crestwood at Libbie2X12BR,1BA$1,379

Best Value Apartments for Rent in Monument Avenue Park, VA

As of June 22, 2026 the best value apartment in the Monument Avenue Park area is the $1.83 price per square foot The Ownby Model at The Westbrook Townhomes at Brewers Row in the in the Bellevue neighborhood starting from $3,204. The second greatest value Monument Avenue Park apartment is the 2BR/2.0BA Model at Park Plaza @ Belvidere starting at $1,957 with a $1.40 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Monument Avenue Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Westbrook Townhomes at Brewers RowThe Ownby3BR,2.5BA$1.83
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.40
4418 Cutshaw Ave4418 Cutshaw Ave2BR,1BA$1.96
Overlook at Brook Run I & IITwo Bedroom2BR,2BA$1.40
1 Scott's AdditionNorfolk One Bed1BR,1BA$1.48
Cookie Factory Lofts2 Bed/ 2 Bath Loft2BR,2BA$2.09
Scotts Edge1x11BR,1BA$1.93
LIV Lakeview2B/1BA Lake TH Reno2BR,1BA$2.00
Eagle Mill LoftsStudiosStudio ,1BA$1.62
Legacy at Imperial VillageOne Bedroom One Bath Standard1BR,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 $1,379.

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 $2,342.

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 117 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 $522 which is $1,820 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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