18

Lake Monticello, VA Homes for Rent

Section Image
  • /29

    Starting at $1,245 Plus Fees

    • 2 - 3 Beds

    47 Laurin St, Lake Monticello, VA 22963

    The Coves at Monticello is conveniently located at the intersection of Thomas Jefferson Parkway (VA-53) and Lake Monticello Road (VA-618) and will offer 124 affordable garden-style apartments as well as a pool, clubhouse, fitness center, and community room. Attractive wooded surroundings and other natural amenities including proximity to Lake Monticello, while also having convenient access to

    The Coves at Monticello

    47 Laurin St, Lake Monticello, VA 22963
  • /29

    $2,300 Per Month

    • 3 Beds
    • 2 Baths
    • 1,601 Sq Ft
    • House for Rent

    43 S Bearwood Dr, Palmyra, VA 22963

    Waterfront A-frame at end of a cul-de-sac with large wrap-around deck. Large, light-filled great room with 18' cathedral ceilings, a wall of windows looking out onto the lake, and a wood burning fireplace. Updated kitchen with SS appliances, 2 beds/1 bath on main level w/loft bedroom and full bath up. Dining room table stays. Lower level not included in rental. THIS PROPERTY IS MANAGED BY

    GENEVIEVE REILLY LONG & FOSTER - LAKE MONTICELLO

    43 S Bearwood Dr, Palmyra, VA 22963
  • /28

    $2,595

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,810 Sq Ft
    • Dog-Friendly Townhouse Just South of Downtown Charlottesville

    5065 Mary Jackson Ct, Charlottesville, VA 22902

    Available August 24th - Nestled within the Galaxie Farm community, this dog-friendly 3 bedroom, 2.5 bath end-unit townhome provides easy access to 5th St Station, downtown Charlottesville, and I-64. Residents enjoy being close to shopping, dining, and entertainment, with the University of Virginia Grounds and Medical Center just a short drive away. Outdoor enthusiasts will appreciate nearby

    5065 Mary Jackson Ct, Charlottesville, VA 22902
  • /47

    $2,350 Per Month

    • 4 Beds
    • 3.5 Baths
    • 1,866 Sq Ft
    • Townhouse for Rent

    37 Laurin St, Charlottesville, VA 22902

    The best of both worlds: country living with modern conveniences -- but only 20 minutes from Charlottesville. The Essence at Colonial Circle Townhomes are 4 minutes from the Lake Monticello Food Lion shopping center with multiple restaurants, banks, even an Anytime Fitness gym. Open concept main floor. Quartz countertops and GE stainless appliances. Spacious back deck. Washer & dryer are

    PETER MARKUSH MONTAGUE, MILLER & CO. - WESTFIELD

    37 Laurin St, Charlottesville, VA 22902
  • /12

    $1,700

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • Lake Monticello 3bed/2Bath Rental

    10 Tanglewood Rd, Palmyra, VA 22963

    This spacious three-bedroom, two-bathroom main-level home is inside the community of Lake Monticello. It is located conveniently near the main gate and minutes from many of the amenities Lake Monticello offers. Tenants are responsible for obtaining the following utilities: electricity, water/sewer, and yard maintenance. Trash/recycling is included. One small pet will be considered with a monthly

    10 Tanglewood Rd, Palmyra, VA 22963
  • /27

    $2,500 Per Month

    • 3 Beds
    • 2 Baths
    • 1,556 Sq Ft
    • House for Rent

    335 Horse Path Dr, Charlottesville, VA 22902

    Enjoy easy one-level living in this brand-new, move-in-ready home. The open-concept design features 3 bedrooms, 2 full baths, one bedroom could be a versatile study or home office to fit your lifestyle. A dedicated laundry room and oversized garage add everyday convenience, while the location provides quick access to Charlottesville, shopping, dining, and more.

    GENEVIEVE REILLY LONG & FOSTER - LAKE MONTICELLO

    335 Horse Path Dr, Charlottesville, VA 22902
  • /12

    $1,750

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,295 Sq Ft
    • 3Bed/2Bath Lake Monticello Rental

    2 Kiowa Ln, Palmyra, VA 22963

    This spacious three-bedroom, two-bathroom home is in the community of Lake Monticello. Hardwood floors throughout, covered front porch, first floor primary bedroom. It is located conveniently 25 mins to Charlottesville. Lake Monticello has an abundance of amenities. Tenants are responsible for obtaining the following utilities: electricity, water/sewer, and yard maintenance. Trash/recycling is

    2 Kiowa Ln, Palmyra, VA 22963
  • /20

    $2,400 Per Month

    • 3 Beds
    • 2 Baths
    • 1,347 Sq Ft
    • House for Rent

    34 Diana Ct, Charlottesville, VA 22902

    Enjoy easy one-level living in this brand-new, move-in-ready home. The open-concept design features 3 bedrooms, 2 full baths, one bedroom could be a versatile study or home office to fit your lifestyle. A dedicated laundry room and oversized garage add everyday convenience, while the location provides quick access to Charlottesville, shopping, dining, and more. Min requirements credit 640 and

    GENEVIEVE REILLY LONG & FOSTER - LAKE MONTICELLO

    34 Diana Ct, Charlottesville, VA 22902
  • /17

    $2,850

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 2,128 Sq Ft
    • 4 Bdrm / 2.5 Bath Beautiful Lake Home at Central Virginia's largest Community

    25 Glen Burnie Rd, Palmyra, VA 22963

    Beautiful Lake Home at Central Virginia's largest Community.25 Glen Burnie RdPalmyra, VA 22963Security Deposit $2850.00Monthly Rent $2850.004 Bedroom 2.5 Bathroom. 2,128 Square Feet352 acres of lake access. Five Beaches, Marina, 18 Hole Golf Course, Pub house, and Tennis Courts.Gated EntrySurrounded by heart-warming countryside of Fluvanna

    25 Glen Burnie Rd, Palmyra, VA 22963
  • /18

    $1,995 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,476 Sq Ft
    • Townhouse for Rent

    76 Villa Cir, Palmyra, VA 22963

    Charming 3-Bedroom Home for Rent – Comfortable Living Just Outside Charlottesville. Welcome to your next home! This beautiful 3-bedroom, 2-bathroom home offers a perfect blend of comfort and convenience. With 9' ceilings and hardwood floors, the open layout is bright and airy. The spacious living room is ideal for relaxing or entertaining, and the kitchen boasts ample cabinet space and generous

    MAGGIE GUNNELS FORNECKER THE GUNNELS GROUP RENTAL PROPERTY MANAGEMENT

    76 Villa Cir, Palmyra, VA 22963

Why Live in Lake Monticello

Lake Monticello, VA, located in the exurbs of Charlottesville, is a gated waterfront community with a population of around 10,000. Known for its exclusive lifestyle, residents enjoy amenities such as lake patrol, two clubhouses, and a private beach. The area features a mix of cozy ranch-style homes and modern traditional houses, with newer three-bedroom townhouses gaining popularity. Many homes are situated on wooded lots with long driveways, and over a third have four or more bedrooms. The community is served by Fluvanna County Public Schools, which are highly rated. Outdoor activities are abundant, with a 350-acre lake offering boating, fishing, and swimming at five beaches. Lafayette Park provides pickleball and basketball courts, along with a new playground, while the Ashlawn Clubhouse features a swimming pool. The Fairway Clubhouse supports an 18-hole golf course, home to the annual Faulconer Invitational. Shopping and dining are conveniently located off Thomas Jefferson Parkway, with options like The Great Poutini and Bunker Bistro, and nearby Cunningham Creek Winery & Brewery offers live music. Although there is no public bus service, the community is walkable with designated pedestrian zones. Charlottesville is about a 30-minute drive via Thomas Jefferson Parkway, and Charlottesville-Albemarle Airport is approximately 30 miles away.

Frequently Asked Questions

How much does it cost to rent a home in Lake Monticello, VA?
The median rent for a home in Lake Monticello, VA is $2,595 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses are currently more expensive.
How much do you need to make to afford rent in Lake Monticello, VA?
To comfortably afford the median rent in Lake Monticello, VA, a household needs to earn roughly $103,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,595 per month in Lake Monticello, VA, renters typically need to show $7,785 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lake Monticello, VA?
In Lake Monticello, VA, the price-to-rent ratio is 27.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Lake Monticello, VA are best for renting a home?
The best neighborhood for renting in Lake Monticello, VA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Rivanna, Northeast Charlottesville, Pantops, Belmont and Woolen Mills, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
15
Median Rent
$2,595
Median Townhouse Rent
$2,595
Median Condo Rent
$1,659
How to Rent a Home