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$995 - $1,900
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowEagle Mill Lofts
1418 W Marshall StRichmond, VA 23220
Cheap Apartments for Rent in the Monument Avenue Neighborhood of Richmond, VA from $800 (79 Rentals)
Search the lowest-cost Apartments available for rent right now in the Monument Avenue area of Richmond.
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$999
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
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$999
Total Monthly Price
$999
1130 W Grace St
1130 W Grace StRichmond, VA 23220
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$1,028 - $1,962
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowKensington, Patterson Place and Grove Ave
3502 Kensington AveRichmond, VA 23221
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$1,050 - $1,800
Plus Fees
Studio to 2 Bedroom Apartments Available NowSouthern Stove Lofts
1215 Hermitage RdRichmond, VA 23220
22 S Robinson St
RichmondVA23220
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$1,082 - $2,825
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowColiseum Lofts
1335-1387 W Broad StRichmond, VA 23220
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$1,095 - $1,695
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowT and E Apartments
1011 W Marshall StRichmond, VA 23220
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$1,175
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowIron House Apartments
1309 W Broad StRichmond, VA 23220
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$1,195 - $1,325
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now1510 W. Broad Street
1510 W Broad StRichmond, VA 23220
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$1,1951 Bedroom Apartments Available Now
3210 Ellwood Ave
3210 Ellwood AveRichmond, VA 23221
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.
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$1,199 - $2,007
Plus Fees
1 to 3 Bedroom Apartments Available NowThe Collection of Historic Richmond
805 N Arthur Ashe BoulevardRichmond, VA 23220
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$1,250 - $2,625
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowCookie Factory Lofts
900 Terminal PlRichmond, VA 23220
517 N Harrison St
RichmondVA23220
1123 Grove Ave
RichmondVA23220
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$1,295 - $2,145
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Gallery Midtown Apartments
308 N Nansemond StRichmond, VA 23221
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$1,315 - $2,615
Plus Fees18 Month Lease Term
Studio to 3 Bedroom Apartments Available NowCourtyard Lofts
3200 W Clay StRichmond, VA 23230
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$1,315 - $1,995
Plus Fees
1 to 2 Bedroom Apartments Available Apr 4Kent Road Village
907 N L North Hamilton StRichmond, VA 23221
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$1,335 - $1,895
Plus Fees
Studio to 2 Bedroom Apartments Contact Us For AvailabilityCary Belvidere Apartments
601 W Cary StRichmond, VA 23220
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$1,352 - $3,851
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Summit at Scotts Addition
3022 W Broad StRichmond, VA 23230
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$1,394 - $1,972
Plus Fees
1 to 2 Bedroom Apartments Available NowSoda Flats
2820-2828 W Broad StRichmond, VA 23230
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.
3509 Park Ave
RichmondVA23221
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$1,409 - $2,655
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,409 - $2,655
Total Monthly Price
$1,409 - $2,655
The Cooperage
1650 Overbrook RdRichmond, VA 23220
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$1,415 - $1,875
Plus Fees
2 Bedroom Apartments Available May 11Georgetown
907 N L North Hamilton StRichmond, VA 23221
10 S Randolph St
RichmondVA23220
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$1,430 - $2,205
Plus Fees
Studio to 2 Bedroom Apartments Available May 8The 1805
1805 Monument AveRichmond, VA 23220
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$1,437 - $2,463
Plus Fees
1 to 2 Bedroom Apartments Available Now1 Scott's Addition
3031 Norfolk StRichmond, VA 23230
3600 W Broad St
RichmondVA23230
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$1,442 - $2,728
Total Monthly Price
Studio to 2 Bedroom Apartments Available Mar 9Total Monthly Price
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$1,442 - $2,728
Total Monthly Price
$1,442 - $2,728
The Carousel
2400 Grayland AveRichmond, VA 23220
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$1,449 - $2,277
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Nest Scott's Addition
3113 W Marshall StRichmond, VA 23230
2711 W Grace 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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$1,468 - $4,475
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,468 - $4,475
Total Monthly Price
$1,468 - $4,475
Circ Apartments
1137 W Grace StRichmond, VA 23220
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$1,495 - $4,515
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Studio to 2 Bedroom Apartments Available NowThe Ace
1201 N Arthur Ashe BlvdRichmond, VA 23230
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$1,495
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Aug 1Total Monthly Price
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$1,495
Total Monthly Price
$1,495
3009 Ellwood Ave, Unit C
3009 Ellwood AveRichmond, VA 23221
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$1,495
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available May 1Total Monthly Price
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$1,495
Total Monthly Price
$1,495
3019 Ellwood Ave, Unit A
3019 Ellwood AveRichmond, VA 23221
2900 Kensington Ave
RichmondVA23221
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$1,547 - $3,796
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,547 - $3,796
Total Monthly Price
$1,547 - $3,796
Scott's View
3410 W Clay StRichmond, VA 23230
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$1,550 - $3,835
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Studio to 2 Bedroom Apartments Available NowThe Scout Scotts Addition
947 Myers StRichmond, VA 23230
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$1,5502 Bedroom Apartments Available Now
1815 W Grace St
1815 W Grace StRichmond, VA 23220
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$1,550 - $4,241
Plus Fees
1 to 2 Bedroom Apartments Available NowSYMBOL Scotts Addition
1814 Highpoint AveRichmond, VA 23230
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$1,553 - $5,955
Plus Fees
Studio to 3 Bedroom Apartments Available NowOtis
1661 Roseneath RdRichmond, VA 23230
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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$1,555 - $1,605
Plus Fees
2 Bedroom Apartments Contact Us For Availability1322 W Broad St
1322 W Broad StRichmond, VA 23220
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$1,560 - $4,190
Plus Fees
Studio to 2 Bedroom Apartments Available NowNOVEL Scott's Addition by Crescent Communities
2902 N Arthur Ashe BlvdRichmond, VA 23230
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$1,563 - $2,460
Total Monthly Price
Studio to 3 Bedroom Apartments Available Mar 17Total Monthly Price
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$1,563 - $2,460
Total Monthly Price
$1,563 - $2,460
Todd Lofts
1128 Hermitage RdRichmond, VA 23220
2625 Floyd Ave
RichmondVA23220
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$1,599 - $3,839
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,599 - $3,839
Total Monthly Price
$1,599 - $3,839
The Icon
1209 Mactavish AveRichmond, VA 23230
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$1,600 - $2,195
Plus Fees
1 to 2 Bedroom Apartments Available Now805W Lofts
805 W Cary StRichmond, VA 23220
4004 W Grace St
RichmondVA23230
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Studio to 1 Bedroom Apartments
2700 Idlewood Ave
2700 Idlewood AveRichmond, VA 23220
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1 to 2 Bedroom Apartments
Virginia Apartments
2602-2608 Kensington AveRichmond, VA 23220
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1 to 2 Bedroom Apartments
3329 Cutshaw Ave
3329 Cutshaw AveRichmond, VA 23230
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,715 | $995 | $4,683 |
| Monument Avenue 1 Bedroom Apartments | $1,873 | $999 | $5,538 |
| Monument Avenue 2 Bedroom Apartments | $2,424 | $1,025 | $5,955 |
| Monument Avenue 3 Bedroom Apartments | $2,739 | $920 | $5,022 |
| Monument Avenue 4 Bedroom Apartments | $2,951 | $979 | $5,994 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 79 rentals with your search options within a 1 mile radius of the Monument Avenue Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
Monument Avenue, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
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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 Eagle Mill Lofts priced from $1,000. Southern Stove Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable Monument Avenue apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eagle Mill Lofts | 1 bed 1bth | 1BR,1BA | $1,000 |
| Southern Stove Lofts | studio | Studio,1BA | $1,050 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
| Coliseum Lofts | E2.2 | Studio,1BA | $1,082 |
| Iron House Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,175 |
| The Collection of Historic Richmond | A3, A4 & A5 | 1BR,1BA | $1,199 |
| Cookie Factory Lofts | Studio | 1BR,1BA | $1,250 |
| Guardian Place Apartments | A1 Guardian Place II | 1BR,1BA | $1,277 |
| 1510 W. Broad Street | 2 Bedroom / 2 Bath - 771sqft | 2BR,2BA | $1,325 |
Best Value Apartments for Rent in Monument Avenue, VA
As of March 07, 2026 the best value apartment in the Monument Avenue area is the $2.04 price per square foot # 17 Model at The Abby on Stuart in the in the Far West neighborhood starting from $3,995. The second greatest value Monument Avenue apartment is the 2 Bedroom / 2 Bath - 771sqft Model at 1510 W. Broad Street starting at $1,325 with a $1.26 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Abby on Stuart | # 17 | 2BR,2.5BA | $2.04 |
| 1510 W. Broad Street | 2 Bedroom / 2 Bath - 771sqft | 2BR,2BA | $1.26 |
| South Arthur | 2/1 | 2BR,1BA | $1.70 |
| Kensington, Patterson Place and Grove Ave | Kensington Place - Two Bedroom | 2BR,1BA | $1.68 |
| The Altamont | C2 | 3BR,2BA | $1.91 |
| The Icon | 1 Bedroom Tower | 1BR,1BA | $2.02 |
| Soda Flats | One Bedroom | 1BR,1BA | $2.06 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.70 |
| Eagle Mill Lofts | 2bed 1bth | 2BR,1BA | $1.95 |
| Southern Stove Lofts | studio | Studio ,1BA | $1.91 |
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 Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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
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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.
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Pet Friendly LifestyleMonument Avenue, Richmond, VA
Ranked #64
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 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 $1,325.
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 $1,000, while the average apartment in Monument Avenue costs $3,300.
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 45 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 $356 which is $2,944 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.
Articles, How-To's, and Tips
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.