Cheap Apartments for Rent in the Colonial Place Neighborhood of Norfolk, VA from $400 (28 Rentals)

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

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University Towers
1 to 2 Bedroom Apartments

University Towers

1064-1070 W 48th StNorfolk, VA 23508
  • Utilities Included
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a2905L
2 Bedroom Apartments

a2905L

2905 Llewellyn AveNorfolk, VA 23504
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A3210L
2 Bedroom Apartments

A3210L

3210 Llewellyn AveNorfolk, VA 23504
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812 W 27th St
1 to 2 Bedroom Apartments

812 W 27th St

812 W 27th StNorfolk, VA 23517

The Best Affordable Neighborhoods for Renters in Norfolk, VA: Great Price Meets Quality of Life

Discover Norfolk, VA's best affordable rental neighborhoods like Ghent & Downtown. Enjoy a low cost of living, top schools, vibrant arts, and waterfront views while renting.

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a86434
2 Bedroom Apartments

a86434

864 W 34th StNorfolk, VA 23508
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a2815L
2 Bedroom Apartments

a2815L

2815 Llewellyn AveNorfolk, VA 23504
property at 1063 W 48th St

$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

1063 W 48th St

NorfolkVA23508
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410 W 31st St
4 Bedroom Apartments

410 W 31st St

410 W 31st StNorfolk, VA 23508
  • Smoke Free

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Colonial Place, Norfolk, VA Local Guide

Cheapest Available Colonial Place Apartments for Rent

 

The cheapest available apartment rental in the Colonial Place area of Norfolk, VA is a 1 Bed unit found at The Lafayette Apartments priced from $1,382. Tidewater Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,495. Here are the most affordable Colonial Place apartments for rent in Norfolk, VA:

Apartment ListingModel NameBed/BathPriced From
The Lafayette ApartmentsThe Chelsea1BR,1BA$1,382
Tidewater SquareTidewater Square Unit 511BR,1BA$1,495
Buckingham Place2 Bedroom Townhome2BR,1BA$1,520
The Point on 38th ApartmentsThe Clove1BR,1BA$1,565
River House Apartments2BR 2BA (1167sf) - Sunset2BR,2BA$1,970
Covepointe at the LandingsThe James1BR,1BA$2,051

Best Value Apartments for Rent in Colonial Place, VA

As of December 24, 2025 the best value apartment in the Colonial Place area is the $1.96 price per square foot The Chesepian Model at Covepointe at the Landings in the in the Edgewater neighborhood starting from $2,394. The second greatest value Colonial Place apartment is the 2 Bedroom Townhome Model at Buckingham Place starting at $1,520 with a $1.27 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Covepointe at the LandingsThe Chesepian2BR,2BA$1.96
Buckingham Place2 Bedroom Townhome2BR,1.5BA$1.27
River House Apartments2BR 2BA (1157sf) - Elizabeth2BR,2BA$1.70
The Lafayette ApartmentsThe Chelsea1BR,1BA$1.45
871 W 37th St, Unit 1871 W 37th St2BR,1BA$1.29
308 31st W St, Unit F308 31st W St2BR,1BA$1.69
1007 W 36th St, Unit 41007 W 36th St2BR,1BA$1.31
The Point on 38th ApartmentsThe Clove1BR,1BA$2.52
Tidewater SquareTidewater Square Unit 511BR,1BA$2.52

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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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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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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Pet Friendly Lifestyle
Colonial Place, Norfolk, VA

Ranked #125

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $1,382 at The Lafayette 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 $1,520 at Buckingham Place.

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.

Articles, How-To's, and Tips

decorative image for The Best Affordable Neighborhoods for Renters in Norfolk, VA: Great Price Meets Quality of Life article

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.

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.