Cheap Apartments for Rent in the Petersburg Colonial Heights Neighborhood of Colonial Heights, VA from $700 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Petersburg Colonial Heights area of Colonial Heights.

property at 419 Joe Johnson Ave

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

419 Joe Johnson Ave

Colonial HeightsVA23834

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 104 Lee Ave

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available Now

104 Lee Ave

Colonial HeightsVA23834
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Old Town Creek
2 Bedroom Apartments

Old Town Creek

107 New Castle DrColonial Heights, VA 23834
  • Utilities Included
property at 310 Kent Ave

$1,141

Total Monthly Price

Total Monthly Price

Base Rent
$1,141

Total Monthly Price
$1,141

2 Bedroom, 1 Bath Home for Rent

Available Now

310 Kent Ave

Colonial HeightsVA23834

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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The Bosco
Rent Specials
$1,015 - $1,249
Total Monthly Price

Total Monthly Price

Base Rent
$1,015 - $1,249

Total Monthly Price
$1,015 - $1,249
1 Bedroom Apartments Available Now

The Bosco

219 E Bank StPetersburg, VA 23803
Corporate Housing
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  • Utilities Included
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Jabez Downtown
1 to 2 Bedroom Apartments

Jabez Downtown

15 W Old StPetersburg, VA 23803
Corporate Housing
  • Utilities Included
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Petersburg East
1 to 3 Bedroom Apartments

Petersburg East

110 Croatan DrPetersburg, VA 23803

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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201 E Bank St
1 Bedroom Apartments

201 E Bank St

201 E Bank StPetersburg, VA 23803

Petersburg Colonial Heights, Colonial Heights, VA Local Guide

Cheapest Available Petersburg Colonial Heights Apartments for Rent

 

The cheapest available apartment rental in the Petersburg Colonial Heights area of Richmond, VA is a 1 Bed unit found at Puddledock Place priced from $942. The Bosco has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,015. Here are the most affordable Petersburg Colonial Heights apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Puddledock Place1 Bed, 1 bath1BR,1BA$942
The Bosco1BR/1.0BA1BR,1BA$1,015
Lakeview Terrace TownhomesThe James - Garden Apartment1BR,1BA$1,075
Dunlop FarmsThe Lee2BR,1BA$1,231
Mayton Transfer LoftsGrandeurStudio,1BA$1,281

Best Value Apartments for Rent in Petersburg Colonial Heights, VA

As of July 17, 2026 the best value apartment in the Petersburg Colonial Heights area is the $1.38 price per square foot Colony Wood Townhomes Model at Colony Wood Townhomes in the in the Petersburg Chesterfield neighborhood starting from $1,495. The second greatest value Petersburg Colonial Heights apartment is the 2x2 Model at Terrace View Apartments starting at $1,463 with a $1.35 price per square foot in the Petersburg Chesterfield neighborhood. Here is today’s list of the best values for Petersburg Colonial Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Colony Wood TownhomesColony Wood Townhomes2BR,1.5BA$1.38
Terrace View Apartments2x22BR,2BA$1.35
Mattox Landing ApartmentsThree Bedroom3BR,2BA$1.48
New Castle ApartmentsRD 2x1.5 Townhome2BR,1.5BA$1.42
Clearfield ApartmentsB12BR,2BA$1.51
The Bosco1BR/1.0BA1BR,1BA$1.22
Dunlop FarmsThe Lee2BR,1BA$1.50
Puddledock Place1 Bed, 1 bath1BR,1BA$1.26
Mayton Transfer LoftsGrandeurStudio ,1BA$1.92
Lakeview Terrace TownhomesThe James - Garden Apartment1BR,1BA$1.90

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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Real 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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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.

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Frequently Asked Questions about Cheap Petersburg Colonial Heights Apartments

What is the price of a cheap apartment in Petersburg Colonial Heights?

The cheapest apartment in Petersburg Colonial Heights is Puddledock Place which is listed at $942, while the average apartment in Petersburg Colonial Heights costs $1,750.

What types of apartments are the cheapest in Petersburg Colonial Heights?

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 10 regular apartments in Petersburg Colonial Heights 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 Petersburg Colonial Heights?

Cheap apartments in Petersburg Colonial Heights have an average cost of $529 which is $1,221 cheaper than the average rent for all rentals in Petersburg Colonial Heights.

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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