
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.


Eagle Mill Lofts

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Coliseum Lofts

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T and E Apartments

Monroe Park Towers Apartments

Park West End

Cookie Factory Lofts

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Iron House Apartments
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Southern Stove Lofts

Cary Belvidere Apartments

The Collection of Historic Richmond

Pierce Arrow

Tapestry West

Crestwood at Libbie

Park Plaza @ Belvidere

Overlook at Brook Run I & II
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Todd Lofts

36oo W Broad St

1 Scott's Addition

The Summit at Scotts Addition

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The Carousel

Scotts Edge

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The Gallery Midtown Apartments

Soda Flats
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LIV Lakeview

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The Cooperage

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The Icon

The Scout Scotts Addition

1322 W Broad St

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Scott's View

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Otis

The Nest Scott's Addition
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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 | $1,735 | $835 | $7,525 |
| Monument Avenue Park 1 Bedroom Apartments | $1,892 | $1,085 | $8,250 |
| Monument Avenue Park 2 Bedroom Apartments | $2,459 | $950 | $10,000+ |
| Monument Avenue Park 3 Bedroom Apartments | $2,181 | $1,611 | $10,000+ |
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 2bth | 2BR,2BA | $950 |
| Coliseum Lofts | E1 | Studio,1BA | $971 |
| Monroe Park Towers Apartments | 0BR/1.0BA | Studio,1BA | $1,164 |
| Park West End | The Maymont | 1BR,1BA | $1,173 |
| Cookie Factory Lofts | Studio | Studio,1BA | $1,199 |
| Southern Stove Lofts | studio | Studio,1BA | $1,275 |
| Cary Belvidere Apartments | Studio | Studio,1BA | $1,335 |
| Pierce Arrow | Studio | Studio,1BA | $1,355 |
| Crestwood at Libbie | 2X1 | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Westbrook Townhomes at Brewers Row | The Ownby | 3BR,2.5BA | $1.83 |
| Park Plaza @ Belvidere | 2BR/2.0BA | 2BR,2BA | $1.40 |
| 4418 Cutshaw Ave | 4418 Cutshaw Ave | 2BR,1BA | $1.96 |
| Overlook at Brook Run I & II | Two Bedroom | 2BR,2BA | $1.40 |
| 1 Scott's Addition | Norfolk One Bed | 1BR,1BA | $1.48 |
| Cookie Factory Lofts | 2 Bed/ 2 Bath Loft | 2BR,2BA | $2.09 |
| Scotts Edge | 1x1 | 1BR,1BA | $1.93 |
| LIV Lakeview | 2B/1BA Lake TH Reno | 2BR,1BA | $2.00 |
| Eagle Mill Lofts | Studios | Studio ,1BA | $1.62 |
| 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 $1,379.
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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