Cheap Homes for Rent in Petersburg Colonial Heights Neighborhood of Colonial Heights, VA from $1,000 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 126 Suffolk Ave

$1,016

Total Monthly Price

Total Monthly Price

Base Rent
$1,016

Total Monthly Price
$1,016

1 Bedroom, 1 Bath Home for Rent

Available Now

126 Suffolk 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 716 Bollingbrook St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Now

716 Bollingbrook St

PetersburgVA23803
property at 21512 Jackson St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 Bedroom, 1 Bath Home for Rent

Available Now

21512 Jackson St

EttrickVA23803

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.

property at 104 Lee Ave

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Home for Rent

Available Jun 16

104 Lee Ave

Colonial HeightsVA23834

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. Mayton Transfer Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,046. 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
Mayton Transfer LoftsMyriad1BR,1BA$1,046
Lakeview Terrace TownhomesThe James - Garden Apartment1BR,1BA$1,075

Best Value Apartments for Rent in Petersburg Colonial Heights, VA

As of May 09, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Colony Wood TownhomesColony Wood Townhomes2BR,1.5BA$1.11
Terrace View Apartments2x22BR,2BA$1.35
New Castle ApartmentsRD 2x1.5 Townhome2BR,1.5BA$1.42
Clearfield ApartmentsB12BR,2BA$1.51
Mattox Landing ApartmentsTwo Bedroom2BR,2BA$1.56
Colonial Court Apartments2 Bed & 1 Bath2BR,1BA$1.50
Puddledock Place1 Bed, 1 bath1BR,1BA$1.26
Mayton Transfer LoftsDiscover1BR,1BA$2.03
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.

Read Article
Decorative image

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.

Read Article
Decorative image

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 Petersburg Colonial Heights

What type of rentals are currently available in Petersburg Colonial Heights?

There are currently 43 Apartments for Rent in Petersburg Colonial Heights, VA with pricing that ranges from $942 to $2,090. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Petersburg Colonial Heights ranging from $1,000 to $2,950.

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 $1,000 to $2,950 with an average monthly rent of $1,848.

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

decorative image for A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

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.

decorative image for Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters article

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.

decorative image for Explore The River City Like a Local: The Insiders Guide to Renting in Richmond, VA article

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.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.