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from $850Studio to 2 Bedroom Apartments Available Now
Towers on Franklin
104 W Franklin StRichmond, VA 23220
Cheap Apartments for Rent in the Monroe Ward Neighborhood of Richmond, VA from $700 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Monroe Ward area of Richmond.
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from $995Studio to 2 Bedroom Apartments Available Now
210 E Grace St
206-212 E Grace StRichmond, VA 23219
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from $1,038Studio to 3 Bedroom Apartments Available Now
Attain Shockoe
1903 E Marshall StRichmond, VA 23223
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from $1,041Studio to 3 Bedroom Apartments Available Now
Sphere Apartments
2005 Brook RdRichmond, VA 23220
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from $1,0421 to 3 Bedroom Apartments Available Now
American Tobacco Center
119-121 N 20th StRichmond, VA 23223
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $1,059Studio to 3 Bedroom Apartments Available Now
District Square Apartments
111-117 W Marshall StRichmond, VA 23220
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from $1,066Studio to 3 Bedroom Apartments Available Now
The Mezzo Lofts
17 W Broad StRichmond, VA 23220
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from $1,149Studio to 1 Bedroom Apartments Available Now
Revival Apartments
116 N 3rd StRichmond, VA 23219
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from $1,161Studio to 2 Bedroom Apartments Available Jun 3
Grace & Monroe Apartments
401 W Grace StRichmond, VA 23220
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from $1,175Studio to 2 Bedroom Apartments Available Now
Deco at CNB
219 E Broad StRichmond, VA 23219
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from $1,1921 to 2 Bedroom Apartments Available Now
1 West Cary Apartments
1 W CaryRichmond, VA 23220
Richmond’s Best Affordable Neighborhoods
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from $1,203Studio to 3 Bedroom Apartments Available Now
Monroe Park Towers Apartments
520 W Franklin StRichmond, VA 23220
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from $1,298Studio to 2 Bedroom Apartments Available Now
Atrium Lofts at Cold Storage
500 N 18th StRichmond, VA 23223
312 N 2nd St
RichmondVA23219
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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14 W Broad St
RichmondVA23220
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Showing Results 1-25, Page 1 of 1
Monroe Ward, Richmond, VA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Monroe Ward?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monroe Ward Studio Apartments | $1,130 | $850 | $2,900 |
| Monroe Ward 1 Bedroom Apartments | $1,543 | $1,030 | $3,428 |
| Monroe Ward 2 Bedroom Apartments | $2,008 | $1,266 | $4,847 |
| Monroe Ward 3 Bedroom Apartments | $2,151 | $1,179 | $4,050 |
| Monroe Ward 4 Bedroom Apartments | $1,154 | $1,090 | $1,210 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Monroe Ward Neighborhood of Richmond, VA.
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Cheapest Available Monroe Ward Apartments for Rent
The cheapest available apartment rental in the Monroe Ward area of Richmond, VA is a Studio unit found at Towers on Franklin priced from $850. Attain Shockoe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,038. Here are the most affordable Monroe Ward apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Towers on Franklin | Harrison | Studio,1BA | $850 |
| Attain Shockoe | Elmwood | 1BR,1BA | $1,038 |
| District Square Apartments | 1Bd1Ba--590 | 1BR,1BA | $1,059 |
| 210 E Grace St | 1bed/1bath | 1BR,1BA | $1,100 |
| The Mezzo Lofts | Mosaic Gallery - 1 Bedroom 1 Bath | 1BR,1BA | $1,136 |
Best Value Apartments for Rent in Monroe Ward, VA
As of May 17, 2025 the best value apartment in the Monroe Ward area is the $1.34 price per square foot 2BR/2.0BA Model at Park Plaza @ Belvidere in the in the Downtown Richmond neighborhood starting from $1,877. The second greatest value Monroe Ward apartment is the Park Model at The Berkshire starting at $1,250 with a $1.34 price per square foot in the Downtown Richmond neighborhood. Here is today’s list of the best values for Monroe Ward apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park Plaza @ Belvidere | 2BR/2.0BA | 2BR,2BA | $1.34 |
| The Berkshire | Park | 1BR,1BA | $1.34 |
| 1 West Cary Apartments | 1BR/1.0BA | 1BR,1BA | $1.43 |
| The Mezzo Lofts | Motif Gallery - 2 Bedroom 1 Bath | 2BR,1BA | $1.86 |
| 210 E Grace St | 1bed/1bath | 1BR,1BA | $1.58 |
| Atrium Lofts at Cold Storage | One Bedroom | 1BR,1BA | $1.86 |
| Hammond Lofts | 202 | 1BR,1.5BA | $2.01 |
| Revival Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.69 |
| 209 E Main St | unit 212 2A | 1BR,1BA | $1.92 |
| 1 N 3rd St | Studio | Studio ,1BA | $2.00 |
Getting Around the Monroe Ward Neighborhood in Richmond, VA
Walk Score®
96 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
80 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
62 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Monroe Ward Apartments
What is a cheap apartment in Monroe Ward?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Monroe Ward is under $1,200.
What is the price of a cheap apartment in Monroe Ward?
The cheapest apartment in Monroe Ward is Attain Shockoe which is listed at $1,038, while the average apartment in Monroe Ward costs $2,079.
What types of apartments are the cheapest in Monroe Ward?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 108 regular apartments in Monroe Ward that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Monroe Ward?
Cheap apartments in Monroe Ward have an average cost of $632 which is $1,447 cheaper than the average rent for all rentals in Monroe Ward.
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.
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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.