
Cheap 2 Bedroom Apartments for Rent in the Monument Avenue Neighborhood of Richmond, VA from $975 (74 Rentals)


608 N Arthur Ashe Blvd, Unit 11

3206 Ellwood Ave, Unit C

Southern Stove Lofts

3218 W Grace St

20 S Allen Ave

18 S Allen Ave

Georgetown

The Collection of Historic Richmond

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2207 W Grace St, Unit Apt C
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.

2307 W Main St, Unit A

3212 Ellwood Ave, Unit A

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Coliseum Lofts

511 Ryland St

The 1805

112 S Laurel St, Unit B

1322 W Broad St

1110 W Main St

Kensington, Patterson Place and Grove Ave

Kent Road Village
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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T and E Apartments

1333 W Broad St, Unit 514

Total Monthly Price
Iron House Apartments

2709 W Broad St

1333 W Broad St, Unit 510

10 N Harrison St

1318 W Broad St, Unit 202

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Todd Lofts

Cookie Factory Lofts

1526 Floyd Ave
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.

3903 Cutshaw Ave

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VIV at Scott's Collection

Courtyard Lofts

Cary Belvidere Apartments

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The Gallery Midtown Apartments

4 N Auburn Ave

1 Scott's Addition

2317 W Main St

Total Monthly Price
1301 W Leigh St

118 S Colonial Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

2601 Parkwood Ave

3329 Cutshaw Ave

The Villas At Granby

Virginia Apartments

Cary West Apartments

Eagle Mill Apartments

Eagle Mill Towers

306 N Mulberry St

The Stables

Cornish Brewery Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Monument Avenue, Richmond, VA Local Guide

How much does it cost to rent an apartment in Monument Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monument Avenue Studio Apartments | $1,852 | $1,000 | $7,304 |
| Monument Avenue 1 Bedroom Apartments | $1,867 | $975 | $7,932 |
Monument Avenue 2 Bedroom Apartments | $2,435 | $975 | $10,000+ |
| Monument Avenue 3 Bedroom Apartments | $2,482 | $810 | $10,000+ |
| Monument Avenue 4 Bedroom Apartments | $2,121 | $890 | $3,680 |
Explore Richmond
Monument Avenue, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Renter's Guide for Finding the Perfect Student Friendly Richmond Neighborhood to Rent
Learn about the best neighborhoods for student renters near Richmond Colleges and Universities by our Local Expert Richard Corrigan
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleMonument Avenue, Richmond, VA
Ranked #58
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Monument Avenue Apartments
What is a cheap apartment in Monument Avenue?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Monument Avenue is under $1,415.
What is the price of a cheap apartment in Monument Avenue?
The cheapest apartment in Monument Avenue is Eagle Mill Lofts which is listed at $950, while the average apartment in Monument Avenue costs $2,318.
What types of apartments are the cheapest in Monument Avenue?
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 59 regular apartments in Monument Avenue 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?
Cheap apartments in Monument Avenue have an average cost of $488 which is $1,830 cheaper than the average rent for all rentals in Monument Avenue.
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.

Your Richmond Neighborhood Guide: Living Near the City's Top Employers
Written by: Richard Corrigan
Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.
Articles, How-To's, and Tips

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.