Cheap Apartments for Rent in the Colonial Place Neighborhood of Richmond, VA from $800 (65 Rentals)

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

property at 22 S Robinson St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Now

22 S Robinson St

RichmondVA23220

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 3509 Park Ave

$1,399

Total Monthly Price

Total Monthly Price

Base Rent
$1,399

Total Monthly Price
$1,399

1 Bedroom, 1 Bath Home for Rent

Available Mar 18

3509 Park Ave

RichmondVA23221
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The Cooperage
$1,400 - $2,847
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $2,847

Total Monthly Price
$1,400 - $2,847
1 to 2 Bedroom Apartments Available Now

The Cooperage

1650 Overbrook RdRichmond, VA 23220
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 3600 W Broad St

$1,440 - $2,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,440

Total Monthly Price
$1,440

1 To 2 Bedroom Rentals

Available Now

3600 W Broad St

RichmondVA23230
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The Carousel
$1,442 - $2,722
Total Monthly Price

Total Monthly Price

Base Rent
$1,442 - $2,722

Total Monthly Price
$1,442 - $2,722
Studio to 2 Bedroom Apartments Available Now

The Carousel

2400 Grayland AveRichmond, VA 23220
  • Verified
  • Customer Reviewed
  • Low Income

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 2711 W Grace St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Home for Rent

Available Jun 11

2711 W Grace St

RichmondVA23220
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3009 Ellwood Ave, Unit C
$1,495
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495
2 Bedroom Apartment Available Aug 1

3009 Ellwood Ave, Unit C

3009 Ellwood AveRichmond, VA 23221
  • Smoke Free
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3019 Ellwood Ave, Unit A
$1,495
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495
1 Bedroom Apartment Available May 1

3019 Ellwood Ave, Unit A

3019 Ellwood AveRichmond, VA 23221
  • Smoke Free
property at 2900 Kensington Ave

$1,535 - $1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,535

Total Monthly Price
$1,535

1 To 2 Bedroom Rentals

Available Now

2900 Kensington Ave

RichmondVA23221

Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA

Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.

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Todd Lofts
$1,563 - $2,425
Total Monthly Price

Total Monthly Price

Base Rent
$1,563 - $2,425

Total Monthly Price
$1,563 - $2,425
Studio to 3 Bedroom Apartments Available Mar 17

Todd Lofts

1128 Hermitage RdRichmond, VA 23220
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Scott's View
$1,571 - $3,796
Total Monthly Price

Total Monthly Price

Base Rent
$1,571 - $3,796

Total Monthly Price
$1,571 - $3,796
1 to 2 Bedroom Apartments Available Now

Scott's View

3410 W Clay StRichmond, VA 23230
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 5303 W Franklin St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 1 Bath Home for Rent

Available Jun 19

5303 W Franklin St

RichmondVA23226
property at 2625 Floyd Ave

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 1 Bath Home for Rent

Available Jul 1

2625 Floyd Ave

RichmondVA23220
property at 1104 S Lombardy St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Home for Rent

Available Apr 1

1104 S Lombardy St

RichmondVA23220

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 4004 W Grace St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Home for Rent

Available Now

4004 W Grace St

RichmondVA23230
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2700 Idlewood Ave
Studio to 1 Bedroom Apartments

2700 Idlewood Ave

2700 Idlewood AveRichmond, VA 23220
Senior Living
  • Utilities Included
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3329 Cutshaw Ave
1 to 2 Bedroom Apartments

3329 Cutshaw Ave

3329 Cutshaw AveRichmond, VA 23230
  • Utilities Included
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Virginia Apartments
1 to 2 Bedroom Apartments

Virginia Apartments

2602-2608 Kensington AveRichmond, VA 23220
  • Utilities Included
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Legacy At Imperial Village
Studio to 2 Bedroom Apartments

Legacy At Imperial Village

1711 Bellevue AveRichmond, VA 23227
Senior Living
  • Utilities Included
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MacTavish Flats
Studio to 1 Bedroom Apartments

MacTavish Flats

1302 MacTavish AveRichmond, VA 23230
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The Faison Residence
1 to 3 Bedroom Apartments

The Faison Residence

5322 Markel RdRichmond, VA 23230
  • Utilities Included
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Legacy Apartments
Studio to 2 Bedroom Apartments

Legacy Apartments

1711 Bellevue AveRichmond, VA 23227
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The Altamont
1 to 3 Bedroom Apartments

The Altamont

1620 Altamont AveRichmond, VA 23230

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Colonial Place, Richmond, VA Local Guide

Cheapest Available Colonial Place Apartments for Rent

 

The cheapest available apartment rental in the Colonial Place area of Richmond, VA is a Studio unit found at Legacy at Imperial Village priced from $835. Southern Stove Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable Colonial Place apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Legacy at Imperial VillageStudioStudio,1BA$835
Southern Stove LoftsstudioStudio,1BA$1,050
Cookie Factory LoftsStudio1BR,1BA$1,250
The Gallery Midtown ApartmentsRenovated Ellwood1BR,1BA$1,295
The Summit at Scotts AdditionThe Retreat1BR,1BA$1,331
The Collection of Historic RichmondB1, B2 & B32BR,1BA$1,349
South Arthur1/11BR,1BA$1,350
Crestwood at Libbie2X12BR,1BA$1,379
Soda FlatsOne Bedroom1BR,1BA$1,394
The Cooperage1 Bedroom / 1 Bathroom: Flat1BR,1BA$1,400

Best Value Apartments for Rent in Colonial Place, VA

As of March 10, 2026 the best value apartment in the Colonial Place area is the $2.04 price per square foot # 17 Model at The Abby on Stuart in the in the Far West neighborhood starting from $3,995. The second greatest value Colonial Place apartment is the D1 Model at Jordans Branch Apartments starting at $2,995 with a $1.96 price per square foot in the Far West 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.
The Abby on Stuart# 172BR,2.5BA$2.04
Jordans Branch ApartmentsD13BR,2.5BA$1.96
4418 Cutshaw Ave4418 Cutshaw Ave2BR,1BA$2.08
South Arthur2/12BR,1BA$1.70
Kensington, Patterson Place and Grove AveKensington Place - Two Bedroom2BR,1BA$1.63
The AltamontC23BR,2BA$1.89
The Collection of Historic RichmondB6 & B72BR,1BA$1.80
Soda FlatsOne Bedroom1BR,1BA$2.06
Southern Stove Lofts1bed 1bth1BR,1BA$1.85
Legacy at Imperial VillageOne Bedroom One Bath Standard1BR,1BA$1.94

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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The Ultimate Renter's Guide for Finding the Perfect Student Friendly Richmond Neighborhood to Rent

Learn about the best neighborhoods for student renters near Richmond Colleges and Universities by our Local Expert Richard Corrigan

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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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Frequently Asked Questions about Cheap Colonial Place Apartments

What is the Cheapest Studio apartment in Colonial Place?

Currently the most affordable Cheap Studio Apartment in Colonial Place is at Legacy at Imperial Village listed at $835.

How much is rent for a Cheap One Bedroom Colonial Place Apartment?

The lowest price for a Cheap One Bedroom Colonial Place Apartment is $1,085 at Legacy at Imperial Village.

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 $1,125 at Legacy at Imperial Village.

What is the most affordable Colonial Place Three Bedroom Apartment?

The best deal on a cheap Colonial Place Three Bedroom Apartment rental is at The Altamont and starts from $1,800.

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.

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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

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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.

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Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.