Cheap Apartments for Rent in the Monument Avenue Neighborhood of Richmond, VA from $800 (142 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Monument Avenue area of Richmond.

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Iron House Apartments
Rent Specials
$1,242 - $2,515
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,137 - $2,410
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Iron House Apartments

1309 W Broad StRichmond, VA 23220
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property at 2709 W Broad St

$1,275 - $1,625

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

1 To 2 Bedroom Rentals

Available Now

2709 W Broad St

RichmondVA23220

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property at 2517 W Grace St

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

1 Bedroom, 1 Bath Home for Rent

Available Jul 22

2517 W Grace St

RichmondVA23220
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Todd Lofts
$1,368 - $2,712
Total Monthly Price

Total Monthly Price

Base Rent
$1,368 - $2,712

Total Monthly Price
$1,368 - $2,712
Studio to 3 Bedroom Apartments Available Now

Todd Lofts

1128 Hermitage RdRichmond, VA 23220
Corporate Housing
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  • Utilities Included
property at 2602 Grove

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom, 1 Bath Home for Rent

Available Jul 22

2602 Grove

RichmondVA23220

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property at 303 S Arthur Ashe Blvd

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

303 S Arthur Ashe Blvd, Unit 8

303 S Arthur Ashe Blvd
RichmondVA23220
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Coliseum Lofts
Rent Specials
$1,429 - $2,869
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,429 - $2,869

Total Monthly Price
$1,429 - $2,869
1 to 3 Bedroom Apartments Available Now

Coliseum Lofts

1335-1387 W Broad StRichmond, VA 23220
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The Carousel
Rent Specials
$1,442 - $2,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,442 - $2,650

Total Monthly Price
$1,442 - $2,650
Studio to 2 Bedroom Apartments Available Now

The Carousel

2400 Grayland AveRichmond, VA 23220
Family Friendly
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  • Low Income
property at 1005 W Franklin St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

1005 W Franklin St

RichmondVA23220
property at 1826 Thomas St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

2 Bedroom, 1 Bath Home for Rent

Available Now

1826 Thomas St

RichmondVA23220
property at 511 Ryland St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

2 Bedroom, 1 Bath Home for Rent

Available Aug 11

511 Ryland St

RichmondVA23220

Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA

Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.

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The Cooperage
$1,541 - $3,836
Total Monthly Price

Total Monthly Price

Base Rent
$1,541 - $3,836

Total Monthly Price
$1,541 - $3,836
1 to 2 Bedroom Apartments Available Aug 2

The Cooperage

1650 Overbrook RdRichmond, VA 23220
Corporate Housing
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  • Utilities Included
property at 1819 Thomas St

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1 Bath Home for Rent

Available Now

1819 Thomas St

RichmondVA23220
property at 1821 Thomas St

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1 Bath Home for Rent

Available Now

1821 Thomas St

RichmondVA23220

Richmond’s Best Affordable Neighborhoods

Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan

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Otis
Rent Specials
$1,552 - $16,673
Total Monthly Price

Total Monthly Price

Base Rent
$1,471 - $16,592
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Otis

1661 Roseneath RdRichmond, VA 23230
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Scott's View
$1,564 - $3,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,564 - $3,800

Total Monthly Price
$1,564 - $3,800
1 to 2 Bedroom Apartments Available Now

Scott's View

3410 W Clay StRichmond, VA 23230
Corporate Housing
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VIV at Scott's Collection
Rent Specials
$1,570 - $3,261
Total Monthly Price

Total Monthly Price

Base Rent
$1,475 - $3,166
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Jul 31

VIV at Scott's Collection

2900 W Clay StRichmond, VA 23230
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Circ Apartments
$1,574 - $3,834
Total Monthly Price

Total Monthly Price

Base Rent
$1,574 - $3,834

Total Monthly Price
$1,574 - $3,834
1 to 2 Bedroom Apartments Available Aug 19

Circ Apartments

1137 W Grace StRichmond, VA 23220
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T and E Apartments
Rent Specials
$1,595 - $1,895
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,595 - $1,895

Total Monthly Price
$1,595 - $1,895
2 to 3 Bedroom Apartments Available Aug 15

T and E Apartments

1011 W Marshall StRichmond, VA 23220
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property at 10 N Harrison St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 1 Bath Home for Rent

Available Aug 5

10 N Harrison St

RichmondVA23220

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Monument Avenue, Richmond, VA Local Guide

Cheapest Available Monument Avenue Apartments for Rent

 

The cheapest available apartment rental in the Monument Avenue area of Richmond, VA is a 1 Bed unit found at The Stables priced from $1,055. Grace St 1120 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here are the most affordable Monument Avenue apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
The Stables1 Bedroom 1 Bathroom1BR,1BA$1,055
Grace St 1120Grace St 1120 - 171BR,1BA$1,175
Guardian Place ApartmentsS1 Guardian Place 1Studio,1BA$1,192
Cookie Factory LoftsStudioStudio,1BA$1,199
1510 W. Broad Street1 Bedroom / 1 Bath - 599sqft1BR,1BA$1,250
Cary Belvidere ApartmentsStudioStudio,1BA$1,335
Pierce ArrowStudioStudio,1BA$1,355
Todd LoftsOne Bedroom1BR,1BA$1,368
Soda FlatsThe Fizz1BR,1BA$1,396
Stuart and Davis1 Bedroom / 1 Bath - 650sqft1BR,1BA$1,399

Best Value Apartments for Rent in Monument Avenue, VA

As of July 21, 2026 the best value apartment in the Monument Avenue 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 apartment is the 3 Bedroom 2 Bath Model at Iron House Apartments starting at $2,480 with a $1.93 price per square foot in the Near West neighborhood. Here is today’s list of the best values for Monument Avenue apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Westbrook Townhomes at Brewers RowThe Ownby3BR,2.5BA$1.83
Iron House Apartments3 Bedroom 2 Bath3BR,2BA$1.93
929 W Grace St, Unit second floor #2929 W Grace St3BR,1BA$1.65
1701 W Leigh St1701 W Leigh St2BR,1BA$1.42
Stuart and Davis1 Bedroom / 1 Bath - 650sqft1BR,1BA$1.40
1510 W. Broad Street1 Bedroom / 1 Bath - 599sqft1BR,1BA$1.43
Cookie Factory Lofts1 Bed/ 1.5 Bath1BR,1.5BA$1.86
Southern Stove Lofts1bed 1.5bth1BR,1.5BA$1.79
Scotts Edge1x11BR,1BA$1.87
The Stables1 Bedroom 1 Bathroom1BR,1BA$1.70

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.

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The 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

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Real 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.

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Pet Friendly Lifestyle
Monument Avenue, Richmond, VA

Ranked #60

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States, including Richmond. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, pet-friendly features, family-friendliness, proximity to transit, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Monument Avenue Apartments

What is the Cheapest Studio apartment in Monument Avenue?

Currently the most affordable Cheap Studio Apartment in Monument Avenue is at Guardian Place Apartments listed at $1,192.

How much is rent for a Cheap One Bedroom Monument Avenue Apartment?

The lowest price for a Cheap One Bedroom Monument Avenue Apartment is $1,055 at The Stables.

What is the lowest price for a Cheap Two Bedroom Monument Avenue Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Monument Avenue is starting from $1,250 at Eagle Mill Lofts.

What is the most affordable Monument Avenue Three Bedroom Apartment?

The best deal on a cheap Monument Avenue Three Bedroom Apartment rental is at Coliseum Lofts and starts from $2,199.

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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