Cheap Apartments for Rent in the Colonial Place Neighborhood of Norfolk, VA from $400 (37 Rentals)

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

property at 2595 Waverly Way

$800

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

3 Bedroom, 3 Bath Home for Rent

Available May 1

2595 Waverly Way

NorfolkVA23504
property at 3210 Llewellyn Ave

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

2 Bedroom, 1 Bath Home for Rent

Unavailable

3210 Llewellyn Ave

NorfolkVA23504

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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.

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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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property at 3901 Newport Ave

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

1 Bedroom, 1 Bath Home for Rent

Available Now

3901 Newport Ave

NorfolkVA23508
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a2905L
2 Bedroom Apartments

a2905L

2905 Llewellyn AveNorfolk, VA 23504
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1023 W 38th St
1 to 3 Bedroom Apartments

1023 W 38th St

1023 W 38th StNorfolk, VA 23508
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812 W 27th St
1 to 2 Bedroom Apartments

812 W 27th St

812 W 27th StNorfolk, VA 23517
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864 W 34th St
2 Bedroom Apartments

864 W 34th St

864 W 34th StNorfolk, VA 23508

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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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318 W 36th St
2 Bedroom Apartments

318 W 36th St

318 W 36th StNorfolk, VA 23508
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527 W 37th St
2 Bedroom Apartments

527 W 37th St

527 W 37th StNorfolk, VA 23508
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Chenman Lofts
1 to 2 Bedroom Apartments

Chenman Lofts

619-633 W 24th StNorfolk, VA 23517
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The Arch at Park Place
1 to 3 Bedroom Apartments

The Arch at Park Place

500 W 34th StNorfolk, VA 23508
Student Housing
  • Utilities Included
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North Colley Apartments
2 to 4 Bedroom Apartments

North Colley Apartments

4013 Colley AveNorfolk, VA 23508
Student Housing
  • Utilities Included
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Tidewater Square
1 to 3 Bedroom Apartments

Tidewater Square

529 W 24th StNorfolk, VA 23517
  • Utilities Included

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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B+G Place
1 to 3 Bedroom Apartments

B+G Place

2607 Colonial AveNorfolk, VA 23517
  • Utilities Included

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 $1,084. 121 W 32nd St Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,250. Here are the most affordable Colonial Place apartments for rent in Norfolk, VA:

Apartment ListingModel NameBed/BathPriced From
The Lafayette ApartmentsThe GhentStudio,1BA$1,084
121 W 32nd St Apartments2-BR2BR,1BA$1,250
811 East 30th Street2/12BR,1BA$1,400
The Point on 38th ApartmentsThe Bowline2BR,2BA$2,009
Covepointe at the LandingsThe Native1BR,1BA$2,041
Tidewater SquareTidewater Square Unit 503BR,3BA$2,329

Best Value Apartments for Rent in Colonial Place, VA

As of April 28, 2026 the best value apartment in the Colonial Place area is the $1.44 price per square foot 3607 Granby St Model at 3607 Granby St, Unit 1 in the in the Edgewater neighborhood starting from $2,300. The second greatest value Colonial Place apartment is the Tidewater Square Unit 50 Model at Tidewater Square starting at $2,329 with a $1.94 price per square foot in the South Brambleton 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.
3607 Granby St, Unit 13607 Granby St2BR,2BA$1.44
Tidewater SquareTidewater Square Unit 503BR,3BA$1.94
708 W 36th St, Unit 1708 W 36th St2BR,1BA$1.40
The Point on 38th ApartmentsThe Bowline2BR,2BA$2.16
811 East 30th Street2/12BR,1BA$1.75
308 31st W St, Unit F308 31st W St2BR,1BA$1.69
Covepointe at the LandingsThe Native1BR,1BA$2.69
121 W 32nd St Apartments2-BR2BR,1BA$1.67
The Lafayette ApartmentsThe GhentStudio ,1BA$2.17

Frequently Asked Questions about Cheap Colonial Place 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 $1,250 at 121 W 32nd St Apartments.

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

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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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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.

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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.

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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.