
Cheap Apartments for Rent in the Colonial Place Neighborhood of Norfolk, VA from $400 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Colonial Place area of Norfolk.


Buckingham Place

Covepointe at the Landings

The Point on 38th Apartments

Larchmont Apartments
Colonial Place, Norfolk, VA Local Guide

How much does it cost to rent an apartment in Colonial Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colonial Place 1 Bedroom Apartments | $1,479 | $940 | $2,132 |
| Colonial Place 2 Bedroom Apartments | $1,859 | $1,100 | $2,852 |
| Colonial Place 3 Bedroom Apartments | $3,002 | $2,506 | $3,777 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 1 mile radius of the Colonial Place Neighborhood of Norfolk, VA.
See all Apartments in NorfolkExplore Norfolk
Colonial Place, Norfolk, VA Local Guide
- Nearby Norfolk neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Colonial Place Apartments for Rent
 The cheapest available apartment rental in the Colonial Place area of Norfolk, VA is a Studio unit found at The Lafayette Apartments priced from $987. Larchmont Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Colonial Place apartments for rent in Norfolk, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Lafayette Apartments | The Ghent | Studio,1BA | $987 |
| Larchmont Apartments | Bodhi | 1BR,1BA | $1,000 |
| Villa Terrace | Two Bedroom | 2BR,1BA | $1,099 |
| Buckingham Place | 2 Bedroom Townhome | 2BR,1BA | $1,500 |
| The Point on 38th Apartments | The Clove | 1BR,1BA | $1,514 |
| River House Apartments | 2BR 2BA (1157sf) - Elizabeth | 2BR,2BA | $2,038 |
Best Value Apartments for Rent in Colonial Place, VA
As of November 03, 2025 the best value apartment in the Colonial Place area is the $1.25 price per square foot 2 Bedroom Townhome Model at Buckingham Place in the in the Edgewater neighborhood starting from $1,500. The second greatest value Colonial Place apartment is the 2BR 2BA (1167sf) - Sunset Model at River House Apartments starting at $2,276 with a $1.95 price per square foot in the Edgewater neighborhood. Here is today’s list of the best values for Colonial Place apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Buckingham Place | 2 Bedroom Townhome | 2BR,1.5BA | $1.25 |
| River House Apartments | 2BR 2BA (1167sf) - Sunset | 2BR,2BA | $1.95 |
| 237 W 31st St, Unit 2 | 237 W 31st St | 2BR,1BA | $1.45 |
| Villa Terrace | Two Bedroom | 2BR,1BA | $1.29 |
| The Point on 38th Apartments | The Clove | 1BR,1BA | $2.44 |
| Larchmont Apartments | Larchmont | 2BR,1BA | $2.08 |
| The Lafayette Apartments | The Ghent | Studio ,1BA | $1.97 |
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.
Pet Friendly LifestyleColonial Place, Norfolk, VA
Ranked #125
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Colonial Place Apartments
How much is rent for a Cheap One Bedroom Colonial Place Apartment?
The lowest price for a Cheap One Bedroom Colonial Place Apartment is $1,000 at Larchmont Apartments.
What is the lowest price for a Cheap Two Bedroom Colonial Place Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Colonial Place is starting from $1,099 at Villa Terrace.
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.

The Best Affordable Neighborhoods for Renters in Norfolk, VA: Great Price Meets Quality of Life
Written by: James W. Vickers
Norfolk, Virginia, experienced a surprising population decline to 238,005 residents in the 2020 census, considering its low cost of living and high quality of life index. Renting an apartment falls well below the national average.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.





















