
Cheap Apartments for Rent in the Monument Avenue Park Neighborhood of Richmond, VA from $800 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Monument Avenue Park area of Richmond.


Legacy at Imperial Village

Total Monthly Price
Coliseum Lofts

Monroe Park Towers Apartments

Total Monthly Price
Iron House Apartments

Cookie Factory Lofts

Total Monthly Price
Staples Mill Townhomes

Overlook at Brook Run I & II
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Southern Stove Lofts

Park West End

Cary Belvidere Apartments

The Collection of Historic Richmond

Park Plaza @ Belvidere

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Pierce Arrow

Crestwood at Libbie

Tapestry West
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The Gallery Midtown Apartments

Scotts Edge

Total Monthly Price
The Carousel

Soda Flats

The Summit at Scotts Addition

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Todd Lofts

The Ace

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The Cooperage
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LIV Lakeview

1 Scott's Addition

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The Icon

The Preserve Scotts Addition

SYMBOL Scotts Addition

1322 W Broad St

The Scout Scotts Addition

The Nest Scott's Addition
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Scott's View
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 | $1,720 | $835 | $5,802 |
| Monument Avenue Park 1 Bedroom Apartments | $1,879 | $825 | $6,906 |
| Monument Avenue Park 2 Bedroom Apartments | $2,406 | $975 | $10,000+ |
| Monument Avenue Park 3 Bedroom Apartments | $2,070 | $1,495 | $3,800 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 2 mile radius of the Monument Avenue Park Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Legacy at Imperial Village | Studio | Studio,1BA | $835 |
| Eagle Mill Lofts | 2bed 1bth | 2BR,1BA | $950 |
| Monroe Park Towers Apartments | 0BR/1.0BA | Studio,1BA | $1,164 |
| Cookie Factory Lofts | 1 Bed/ 1 Bath | 1BR,1BA | $1,250 |
| Overlook at Brook Run I & II | Two Bedroom | 2BR,2BA | $1,299 |
| Southern Stove Lofts | 1bed 1bth | 1BR,1BA | $1,300 |
| Park West End | The Maymont | 1BR,1BA | $1,308 |
| Cary Belvidere Apartments | Studio | Studio,1BA | $1,335 |
| Pierce Arrow | Studio | Studio,1BA | $1,370 |
| Crestwood at Libbie | 2X1 | 2BR,1BA | $1,379 |
Best Value Apartments for Rent in Monument Avenue Park, VA
As of May 08, 2026 the best value apartment in the Monument Avenue Park area is the $1.30 price per square foot 2BR/2.0BA Model at Park Plaza @ Belvidere in the in the Downtown Richmond neighborhood starting from $1,813. The second greatest value Monument Avenue Park apartment is the 4418 Cutshaw Ave Model at 4418 Cutshaw Ave starting at $2,500 with a $2.08 price per square foot in the Bellevue neighborhood. 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. |
|---|---|---|---|
| Park Plaza @ Belvidere | 2BR/2.0BA | 2BR,2BA | $1.30 |
| 4418 Cutshaw Ave | 4418 Cutshaw Ave | 2BR,1BA | $2.08 |
| Overlook at Brook Run I & II | Two Bedroom | 2BR,2BA | $1.30 |
| The Collection of Historic Richmond | B4 & B5 | 2BR,1BA | $1.94 |
| The Icon | 1 Bedroom Tower | 1BR,1BA | $1.92 |
| Scotts Edge | 1x1 | 1BR,1BA | $1.88 |
| LIV Lakeview | 2B/1.5BA Lake TH Ren | 2BR,1.5BA | $2.13 |
| Crestwood at Libbie | 2X1 | 2BR,1BA | $2.10 |
| Legacy at Imperial Village | One Bedroom One Bath Standard | 1BR,1BA | $1.94 |
| Eagle Mill Lofts | Studios | Studio ,1BA | $2.04 |
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 Eagle Mill Lofts which is listed at $950, while the average apartment in Monument Avenue Park costs $2,291.
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 129 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 $546 which is $1,745 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.
Helpful Local Expert Guides

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