Cheap Homes for Rent in Monument Avenue Neighborhood of Richmond, VA from $1,100 (9 Rentals)

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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

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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 3 Beds unit found at Chesterfield Apartments priced from $807. Eagle Mill Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Monument Avenue apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Chesterfield ApartmentsTHE MULBERRY FLOOR PLAN - SUITE II3BR,1BA$807
Eagle Mill LoftsStudiosStudio,1BA$925
The Stables1 Bedroom 1 Bathroom1BR,1BA$1,055

Best Value Apartments for Rent in Monument Avenue, VA

As of August 23, 2025 the best value apartment in the Monument Avenue area is the $1.72 price per square foot The Ownby Model at The Westbrook Townhomes at Brewers Row in the in the Bellevue neighborhood starting from $2,999. The second greatest value Monument Avenue apartment is the Two Beds Model at Cary Belvidere Apartments starting at $1,663 with a $1.48 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 Ownby3BR,2.5BA$1.72
Cary Belvidere ApartmentsTwo Beds2BR,2BA$1.48
Coliseum LoftsC33BR,3BA$1.97
1114 W Cary St, Unit 31114 W Cary St3BR,1.5BA$1.90
3425 Kensington Avenue2BR/1.0BA2BR,1BA$1.53
South Arthur1/11BR,1BA$1.50
1510 W Broad St - Residential2BR/2.0BA2BR,2BA$1.85
The Stables1 Bedroom 1 Bathroom1BR,1BA$1.70
Iron House Apartments1 Bedroom 1 Bathroom1BR,1BA$1.91
Eagle Mill LoftsStudiosStudio ,1BA$1.90

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Pet Friendly Lifestyle
Monument Avenue, Richmond, VA

Ranked #66

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $807 to $9,512. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monument Avenue ranging from $1,195 to $5,800.

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 $5,800 with an average monthly rent of $2,387.

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 $807 to $9,512, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,999 to $5,800. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $850.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.