Cheap Homes for Rent in Montpelier, VA from $900 (9 Rentals)

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

Search the lowest-cost Homes available for rent right now in Montpelier.

Montpelier, VA Local Guide

Cheapest Available Montpelier Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montpelier, VA is a Studio unit found at Oakbrook Apartments priced from $1,155. MAA West End in the Turnberry neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,263. Here is today’s list of the most affordable Montpelier apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oakbrook ApartmentsStudioStudio,1BA$1,155
MAA West EndDublin I1BR,1BA$1,263
Reflections of West Creek1BR1BR,1BA$1,308

Best Value Apartments for Rent in Montpelier, VA and Nearby

As of April 11, 2025 the best value apartment in the Montpelier area is the $1.75 price per square foot 2x2 Model at Marshall Springs at Gayton West in the starting from $1,804. The second greatest value Montpelier apartment is the Cypress Model at Springfield Apartments starting at $1,629 with a $1.85 price per square foot . Here is today’s list of the best values for Montpelier apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Marshall Springs at Gayton West2x22BR,2BA$1.75
Springfield ApartmentsCypress2BR,2BA$1.85
Wellesley Terrace At Short PumpCrawford2BR,1BA$1.94
MAA Hunton ParkCalverton1BR,1BA$1.95
Reflections of West Creek1BR1BR,1BA$1.64
The Carriage Homes at WyndhamAspen1BR,1BA$1.76
Abberly Twin Hickory Apartment HomesOrchard1BR,1BA$2.10
Wilde Lake ApartmentsAdmiral1BR,1BA$1.97
MAA Glen Allen11B1BR,1BA$1.96
The Crossings at Short PumpTuckahoe1BR,1BA$2.00

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 Montpelier

What type of rentals are currently available in Montpelier?

There are currently 32 Apartments for Rent in Montpelier, VA with pricing that ranges from $1,131 to $7,448. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montpelier ranging from $950 to $4,100.

What is the current price range for Rental Homes in Montpelier?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Montpelier ranges from $950 to $4,100 with an average monthly rent of $2,612.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.