Cheap Homes for Rent in Monument Avenue Neighborhood of Richmond, VA from $1,100 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
Showing Results 1-7, Page 1 of 1

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 2 Beds unit found at Eagle Mill Lofts priced from $950. Coliseum Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,049. Here are the most affordable Monument Avenue apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Eagle Mill Lofts2bed 1bth2BR,1BA$950
Coliseum LoftsE2.2Studio,1BA$1,049
T and E Apartments0 Bed 1 BathStudio,1BA$1,130

Best Value Apartments for Rent in Monument Avenue, VA

As of July 01, 2025 the best value apartment in the Monument Avenue area is the $1.47 price per square foot The Overbrook Model at The Westbrook Townhomes at Brewers Row in the in the Bellevue neighborhood starting from $4,050. The second greatest value Monument Avenue apartment is the # 17 Model at The Abby on Stuart starting at $3,995 with a $2.04 price per square foot in the Far 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 Overbrook3BR,2.5BA$1.47
The Abby on Stuart# 172BR,2.5BA$2.04
1714 W Cary St, Unit 41714 W Cary St2BR,2.5BA$1.63
Iron House Apartments3 Bedroom 2 Bath3BR,2BA$1.55
The Ella Scotts AdditionThe Ray Jr2BR,2BA$2.03
Cookie Factory Lofts3 Bed/ 2 Bath Loft3BR,2BA$2.05
Scotts Edge2B-1022BR,2BA$1.85
1322 W Broad St2BR/2.0BA2BR,2BA$1.81
1510 W Broad St - Residential2BR/2.0BA2BR,2BA$1.54
2306 Parkwood Ave, Unit D2306 Parkwood Ave2BR,2BA$1.97

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Monument Avenue

What type of rentals are currently available in Monument Avenue?

There are currently 390 Apartments for Rent in Monument Avenue, VA with pricing that ranges from $799 to $10,187. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monument Avenue ranging from $1,165 to $3,700.

What is the current price range for Rental Homes in Monument Avenue?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Monument Avenue ranges from $1,165 to $3,700 with an average monthly rent of $2,308.

How much are larger Three and Four Bedroom Rentals in Monument Avenue?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Monument Avenue range from $1,150 to $10,187, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $3,700. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $799.

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.

decorative image for A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.