Cheap Apartments for Rent in the Monument Avenue Neighborhood of Richmond, VA from $800 (101 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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property at 1807 Bath St

1807 Bath 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 Eagle Mill Lofts priced from $995. The Stables has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,055. Here are the most affordable Monument Avenue apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Eagle Mill Lofts1 bed 1bth1BR,1BA$995
The Stables1 Bedroom 1 Bathroom1BR,1BA$1,055
T and E Apartments0 Bed 1 BathStudio,1BA$1,130
Guardian Place ApartmentsS1 Guardian Place 1Studio,1BA$1,192
Coliseum LoftsA11BR,1BA$1,218
3425 Kensington Avenue1BR/1.0BA1BR,1BA$1,275
Cookie Factory LoftsStudioStudio,1BA$1,300
Southern Stove Lofts1bed 1bth1BR,1BA$1,325
1322 W Broad St1BR/1.0BA1BR,1BA$1,340
The Summit at Scotts AdditionThe Retreat1BR,1BA$1,357

Best Value Apartments for Rent in Monument Avenue, VA

As of August 04, 2025 the best value apartment in the Monument Avenue area is the $1.58 price per square foot The Overbrook Model at The Westbrook Townhomes at Brewers Row in the in the Bellevue neighborhood starting from $4,353. The second greatest value Monument Avenue apartment is the 803 W Broad St Model at 803 W Broad St, Unit 1 starting at $2,250 with a $1.32 price per square foot in the Downtown Richmond 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 Overbrook3BR,2.5BA$1.58
803 W Broad St, Unit 1803 W Broad St3BR,2BA$1.32
1714 W Cary St, Unit 41714 W Cary St2BR,2.5BA$1.63
1300 Grove Ave, Unit 31300 Grove Ave2BR,1BA$1.17
815 W Broad St, Unit B815 W Broad St2BR,1BA$1.88
South Arthur1/11BR,1BA$1.76
1510 W Broad St - Residential2BR/2.0BA2BR,2BA$1.88
Southern Stove Lofts1bed 1bth1BR,1BA$1.79
Eagle Mill Lofts1 bed 1bth1BR,1BA$1.55
The Stables1 Bedroom 1 Bathroom1BR,1BA$1.70

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Monument Avenue, Richmond, VA

Ranked #63

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.

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 $1,357.

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 $995, while the average apartment in Monument Avenue costs $3,710.

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 70 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 $349 which is $3,361 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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

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