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$995Studio Apartments Available Now
714 N Arthur Ashe Blvd, Unit C
714 N Arthur Ashe BlvdRichmond, VA 23220
Cheap Homes for Rent in the Monument Avenue Neighborhood of Richmond, VA from $1,400 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Monument Avenue area of Richmond.
1101 W Grace St
RichmondVA23220
303 S Arthur Ashe Blvd, Unit 8
303 S Arthur Ashe Blvd
RichmondVA23220
1828 Parkwood Ave
RichmondVA23220
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$1,7001 Bedroom Apartments Available Now
1613 W Grace St
1613 W Grace StRichmond, VA 23220
The Richmond Renter's Guide to Living Near Work
Get the inside scoop on Richmond's most livable neighborhoods and find the perfect apartment close to where you work. Our local expert breaks it all down by the city's top employers like VCU Health and Costar.
2310 Parkwood Ave, Unit A
2310 Parkwood Ave
RichmondVA23220
2312 W Cary St
RichmondVA23220
3004 Douglasdale Rd, Unit 1
3004 Douglasdale Rd
RichmondVA23221
1216 W Leigh St
RichmondVA23220
1208 W Clay St
RichmondVA23220
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1613 W Grace 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 | $2,183 | $1,495 | $2,800 |
| Monument Avenue 3 Bedroom Homes for Rent | $3,018 | $2,295 | $4,500 |
| Monument Avenue 4 Bedroom Homes for Rent | $2,800 | $2,600 | $3,300 |
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 11 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Stables | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,055 |
| Grace St 1120 | Grace St 1120 - 17 | 1BR,1BA | $1,175 |
| Guardian Place Apartments | S1 Guardian Place 1 | Studio,1BA | $1,192 |
| Cookie Factory Lofts | Studio | Studio,1BA | $1,199 |
| 1510 W. Broad Street | 1 Bedroom / 1 Bath - 599sqft | 1BR,1BA | $1,250 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Westbrook Townhomes at Brewers Row | The Ownby | 3BR,2.5BA | $1.83 |
| Iron House Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $1.93 |
| 929 W Grace St, Unit second floor #2 | 929 W Grace St | 3BR,1BA | $1.65 |
| 1701 W Leigh St | 1701 W Leigh St | 2BR,1BA | $1.42 |
| Stuart and Davis | 1 Bedroom / 1 Bath - 650sqft | 1BR,1BA | $1.40 |
| 1510 W. Broad Street | 1 Bedroom / 1 Bath - 599sqft | 1BR,1BA | $1.43 |
| Cookie Factory Lofts | 1 Bed/ 1.5 Bath | 1BR,1.5BA | $1.86 |
| Southern Stove Lofts | 1bed 1.5bth | 1BR,1.5BA | $1.79 |
| Scotts Edge | 1x1 | 1BR,1BA | $1.87 |
| The Stables | 1 Bedroom 1 Bathroom | 1BR,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
Read ArticleReal 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 LifestyleMonument Avenue, Richmond, VA
Ranked #60
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 413 Apartments for Rent in Monument Avenue, VA with pricing that ranges from $810 to $16,673. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monument Avenue ranging from $1,400 to $4,500.
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 $1,400 to $4,500 with an average monthly rent of $2,350.
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 $810 to $13,008, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,295 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,600 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.
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