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$1,1951 Bedroom Apartments Available Aug 15
3210 Ellwood Ave, Unit D
3210 Ellwood AveRichmond, VA 23221
Cheap Homes for Rent in Monument Avenue Neighborhood of Richmond, VA from $1,100 (22 Rentals)
Search the lowest-cost Homes available for rent right now in the Monument Avenue area of Richmond.
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$1,1951 Bedroom Apartments Available Aug 10
3125 Hanover Ave, Unit 3
3125 Hanover AveRichmond, VA 23221
300 S Arthur Ashe Blvd
RichmondVA23220
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$1,2501 Bedroom Apartments Available Aug 10
403 Cleveland St, Unit 6
403 Cleveland StRichmond, VA 23221
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$1,2752 Bedroom Apartments Available Aug 10
608 N Arthur Ashe Blvd, Unit 11
608 N Arthur Ashe BlvdRichmond, VA 23220
2408 W Cary St
RichmondVA23220
9 S Brunswick St
RichmondVA23220
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
9 S Brunswick St
RichmondVA23220
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$1,3992 Bedroom Apartments Available Aug 10
1103 W Franklin St, Unit 1
1103 W Franklin StRichmond, VA 23220
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$1,4502 Bedroom Apartments Available May 1
2111 Maplewood Ave, Unit D
2111 Maplewood AveRichmond, VA 23220
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$1,462
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,400
Required Monthly Fees
$62
Total Monthly Price
$1,462
2207 W Grace St, Unit Apt C
2207 W Grace StRichmond, VA 23220
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$1,4952 Bedroom Apartments Available Jun 10
3212 Ellwood Ave, Unit A
3212 Ellwood AveRichmond, VA 23221
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$1,4952 Bedroom Apartments Available Jun 10
3206 Ellwood Ave, Unit C
3206 Ellwood AveRichmond, VA 23221
210 N Stafford Ave
RichmondVA23220
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.
3009 Monument Ave
RichmondVA23221
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$1,607
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,545
Required Monthly Fees
$62
Total Monthly Price
$1,607
1815 W Grace St, Unit Apt 2
1815 W Grace StRichmond, VA 23220
1333 W Broad St, Unit 510, Unit 510
1333 W Broad St
RichmondVA23220
800 W Cary St
RichmondVA23284
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$1,6952 Bedroom Apartments Available May 1
613 N Lombardy St, Unit 203
613 N Lombardy StRichmond, VA 23220
1333 W Broad St, Unit 514
1333 W Broad St
RichmondVA23220
2127 Idlewood Ave
RichmondVA23220
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.
1309 W Main St
RichmondVA23220
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Monument Avenue, Richmond, VA Local Guide
How much does it cost to rent a home in Monument Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monument Avenue 2 Bedroom Homes for Rent | $1,899 | $1,500 | $2,950 |
| Monument Avenue 3 Bedroom Homes for Rent | $3,002 | $2,175 | $3,950 |
| Monument Avenue 4 Bedroom Homes for Rent | $2,647 | $2,200 | $3,495 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 22 rentals with your search options within a 1 mile radius of the Monument Avenue Neighborhood of Richmond, VA.
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Monument Avenue, Richmond, VA Local Guide
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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 2 Beds unit found at Eagle Mill Lofts priced from $950. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eagle Mill Lofts | 2bed 1bth | 2BR,1BA | $950 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
| Iron House Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,158 |
| Cookie Factory Lofts | 1 Bed/ 1 Bath | 1BR,1BA | $1,250 |
| Cary Belvidere Apartments | Studio | Studio,1BA | $1,335 |
Best Value Apartments for Rent in Monument Avenue, VA
As of April 21, 2026 the best value apartment in the Monument Avenue area is the $1.89 price per square foot C2 Model at The Altamont in the in the Bellevue neighborhood starting from $1,800. The second greatest value Monument Avenue apartment is the 2BR/1.0BA Model at 3425 Kensington Avenue starting at $1,495 with a $1.70 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Altamont | C2 | 3BR,2BA | $1.89 |
| 3425 Kensington Avenue | 2BR/1.0BA | 2BR,1BA | $1.70 |
| Courtyard Lofts | Marshall | 1BR,1BA | $1.80 |
| The Collection of Historic Richmond | B4 & B5 | 2BR,1BA | $1.97 |
| The Gallery Midtown Apartments | Renovated Kensington | 2BR,1BA | $2.02 |
| The Icon | 1 Bedroom Tower | 1BR,1BA | $2.08 |
| Todd Lofts | Studio | Studio ,1BA | $1.95 |
| Iron House Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.76 |
| 1005 Grove Ave Apartments | One Bedroom One Bath | 1BR,1BA | $2.11 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.70 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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.
Read ArticleThe 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.
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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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Pet Friendly LifestyleMonument Avenue, Richmond, VA
Ranked #56
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Monument Avenue
What type of rentals are currently available in Monument Avenue?
There are currently 386 Apartments for Rent in Monument Avenue, VA with pricing that ranges from $890 to $7,736. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monument Avenue ranging from $1,195 to $3,950.
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 $1,195 to $3,950 with an average monthly rent of $2,275.
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 $895 to $5,342, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,175 to $3,950. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $890.
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
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.