
Cheap Studio Apartments for Rent in the Monument Avenue Park Neighborhood of Richmond, VA from $835 (15 Rentals)


Eagle Mill Lofts

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Coliseum Lofts

Monroe Park Towers Apartments

Cary Belvidere Apartments
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

Cookie Factory Lofts

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Pierce Arrow

Southern Stove Lofts

Tapestry West

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The Carousel
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Todd Lofts

The Ace

The Preserve Scotts Addition

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Otis

The Scout Scotts Addition
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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 |
Explore Richmond
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 $835, 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
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.

Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters
Written by: Richard Corrigan
Richmond isn't always thought of as a college town, but there are actually several major colleges and universities here. One thing Richmond does get credit for—and rightfully so—is being a very neighborhood-friendly city.

Explore The River City Like a Local: The Insiders Guide to Renting in Richmond, VA
Written by: Richard Corrigan
Welcome to Richmond! For those unfamiliar, it’s Virginia’s state capitol, a city with a long and rich history, and—some might say—Virginia’s biggest small town. There’s a lot to love about living here.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.