
Cheap Homes for Rent in Petersburg Colonial Heights Neighborhood of Colonial Heights, VA from $500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Petersburg Colonial Heights area of Colonial Heights.


126 Suffolk Ave
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.

104 Lee Ave

20503 Southlawn Ave, Unit APT B
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.

95 Slagle Ave
Petersburg Colonial Heights, Colonial Heights, VA Local Guide

How much does it cost to rent a home in Petersburg Colonial Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Petersburg Colonial Heights 2 Bedroom Homes for Rent | $1,433 | $1,199 | $1,650 |
| Petersburg Colonial Heights 3 Bedroom Homes for Rent | $2,057 | $1,700 | $2,395 |
| Petersburg Colonial Heights 4 Bedroom Homes for Rent | $1,900 | $1,900 | $1,900 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Petersburg Colonial Heights Neighborhood of Colonial Heights, VA.
Explore Colonial Heights
Petersburg Colonial Heights, Colonial Heights, VA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Puddledock Place | 1 Bed, 1 bath | 1BR,1BA | $942 |
| The Bosco | 1BR/1.0BA | 1BR,1BA | $1,015 |
| Lakeview Terrace Townhomes | The James - Garden Apartment | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in Petersburg Colonial Heights, VA
As of June 26, 2026 the best value apartment in the Petersburg Colonial Heights area is the $1.11 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Colony Wood Townhomes | Colony Wood Townhomes | 2BR,1.5BA | $1.11 |
| Terrace View Apartments | 2x2 | 2BR,2BA | $1.35 |
| Mattox Landing Apartments | Three Bedroom | 3BR,2BA | $1.48 |
| Branders Bridge Apartments | 2BR1.5BA | 2BR,1.5BA | $1.13 |
| New Castle Apartments | RD 2x1.5 Townhome | 2BR,1.5BA | $1.36 |
| Clearfield Apartments | B1 | 2BR,2BA | $1.51 |
| The Bosco | 1BR/1.0BA | 1BR,1BA | $1.22 |
| Dunlop Farms | The Lee | 2BR,1BA | $1.50 |
| Colonial Court Apartments | 2 Bed & 1 Bath | 2BR,1BA | $1.50 |
| Puddledock Place | 1 Bed, 1 bath | 1BR,1BA | $1.26 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Petersburg Colonial Heights, Colonial Heights, VA
Colonial Heights High
Colonial Heights Middle
School data provided by Great Schools
Frequently Asked Questions about Petersburg Colonial Heights
What type of rentals are currently available in Petersburg Colonial Heights?
There are currently 42 Apartments for Rent in Petersburg Colonial Heights, VA with pricing that ranges from $942 to $2,090. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Petersburg Colonial Heights ranging from $500 to $2,395.
What is the current price range for Rental Homes in Petersburg Colonial Heights?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Petersburg Colonial Heights ranges from $500 to $2,395 with an average monthly rent of $1,571.
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.
Helpful Local Expert Guides

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.

Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters
Written by: Richard Corrigan
Richmond isn't always thought of as a college town, but there are actually several major colleges and universities here. One thing Richmond does get credit for—and rightfully so—is being a very neighborhood-friendly city.

Explore The River City Like a Local: The Insiders Guide to Renting in Richmond, VA
Written by: Richard Corrigan
Welcome to Richmond! For those unfamiliar, it’s Virginia’s state capitol, a city with a long and rich history, and—some might say—Virginia’s biggest small town. There’s a lot to love about living here.

Your Richmond Neighborhood Guide: Living Near the City's Top Employers
Written by: Richard Corrigan
Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.