Cheap 2 Bedroom Apartments for Rent in the Monument Avenue Neighborhood of Richmond, VA from $1,150 (52 Rentals)

Georgetown

1814 Thomas St

1807 Bath St

The 1805

1510 W Broad St - Residential

Southern Stove Lofts

10 N Rowland St
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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.

Kent Road Village

Cookie Factory Lofts

2306 Parkwood Ave, Unit D

Kensington, Patterson Place and Grove Ave

Iron House Apartments

The Gallery Midtown Apartments

3118 Hanover Ave

The Collection of Historic Richmond

2108 Parkwood Ave, Unit #1

511 Ryland St
The Art of the Rental Viewing: What to look for during a property tour
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Cary Belvidere Apartments

1318 W. Broad St.

1 Scott's Addition

Todd Lofts

Cutshaw Apartments

1114 W Cary St, Unit unit6

1203 W Main St
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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $1,596 | $1,049 | $2,659 |
Monument Avenue 1 Bedroom Apartments | $1,899 | $969 | $7,619 |
Monument Avenue 2 Bedroom Apartments | $2,492 | $1,150 | $8,875 |
Monument Avenue 3 Bedroom Apartments | $3,357 | $1,150 | $9,551 |
Monument Avenue 4 Bedroom Apartments | $2,581 | $899 | $7,250 |
Explore Richmond
Monument Avenue, Richmond, VA Local Guide
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Quick 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.
Getting Around the Monument Avenue Neighborhood in Richmond, VA
Walk Score®
93 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
85 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
48 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,427.
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 $2,722.
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 75 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 $266 which is $2,456 cheaper than the average rent for all rentals in Monument Avenue.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.