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$835 - $2,956
Plus Fees
Studio to 2 Bedroom Apartments Available NowLegacy at Imperial Village
1717 Bellevue AveRichmond, VA 23227
Cheap Apartments for Rent in the Colonial Place Neighborhood of Richmond, VA from $800 (121 Rentals)
Search the lowest-cost Apartments available for rent right now in the Colonial Place area of Richmond.
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$995Studio Apartments Available Now
714 N Arthur Ashe Blvd, Unit C
714 N Arthur Ashe BlvdRichmond, VA 23220
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$1,031 - $1,962
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Aug 19Kensington, Patterson Place and Grove Ave
3502 Kensington AveRichmond, VA 23221
3131 Hanover Ave
RichmondVA23221
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$1,199 - $2,600
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowCookie Factory Lofts
900 Terminal PlRichmond, VA 23220
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$1,250 - $2,200
Plus Fees
Studio to 3 Bedroom Apartments Available NowSouthern Stove Lofts
1215 Hermitage RdRichmond, VA 23220
403 Cleveland St
RichmondVA23221
2709 W Broad St
RichmondVA23220
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$1,315 - $2,615
Plus Fees18 Month Lease Term
Studio to 3 Bedroom Apartments Available Sep 24Courtyard Lofts
3200 W Clay StRichmond, VA 23230
2517 W Grace St
RichmondVA23220
The Richmond Renter's Guide to Living Near Work
Get the inside scoop on Richmond's most livable neighborhoods and find the perfect apartment close to where you work. Our local expert breaks it all down by the city's top employers like VCU Health and Costar.
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$1,329 - $1,379
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowCrestwood at Libbie
2342 Hampstead AveRichmond, VA 23230
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$1,349 - $5,126
Plus Fees
Studio to 2 Bedroom Apartments Available NowTapestry West
2031 Maywill StRichmond, VA 23230
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Rent Specials
$1,350 - $1,702
Plus Fees
1 to 3 Bedroom Apartments Available Jul 29The Collection of Historic Richmond
805 N Arthur Ashe BoulevardRichmond, VA 23220
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Rent Specials
$1,355 - $1,470
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowPierce Arrow
2621 Stuart AveRichmond, VA 23220
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$1,368 - $2,711
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,368 - $2,711
Total Monthly Price
$1,368 - $2,711
Todd Lofts
1128 Hermitage RdRichmond, VA 23220
2602 Grove
RichmondVA23220
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Rent Specials
$1,399 - $2,130
Plus Fees
Studio to 2 Bedroom Apartments Available Aug 17The 1805
1805 Monument AveRichmond, VA 23220
303 S Arthur Ashe Blvd, Unit 8
303 S Arthur Ashe Blvd
RichmondVA23220
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Rent Specials
$1,415 - $2,147
Plus Fees
1 to 2 Bedroom Apartments Available NowScotts Edge
3408-3410 Moore StRichmond, VA 23230
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Rent Specials
$1,442 - $2,650
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,442 - $2,650
Total Monthly Price
$1,442 - $2,650
The Carousel
2400 Grayland AveRichmond, VA 23220
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$1,475 - $3,166
Plus Fees
1 to 2 Bedroom Apartments Available NowINK at Scott's Collection
3000 W Clay StRichmond, VA 23230
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$1,482 - $2,227
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,450 - $2,195
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The Gallery Midtown Apartments
308 N Nansemond StRichmond, VA 23221
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$1,483 - $2,580
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1 Bedroom Apartments Available NowThe Summit at Scotts Addition
3022 W Broad StRichmond, VA 23230
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$1,488 - $2,463
Plus Fees
1 to 2 Bedroom Apartments Available Now1 Scott's Addition
3031 Norfolk StRichmond, VA 23230
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$1,488 - $3,856
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,455 - $3,823
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Penstock Quarter Apartments
5001 Libbie Mill East BlvdRichmond, VA 23230
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$1,495 - $1,775
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2 Bedroom Apartments Available Aug 12Total Monthly Price
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$1,495 - $1,775
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Georgetown Apartments
907 N L North Hamilton StRichmond, VA 23221
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$1,495 - $1,595
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowLIV Lakeview
2001 Lakeview AveRichmond, VA 23220
2318 Herbert Hamlet Alley
RichmondVA23220
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$1,499 - $4,190
Plus Fees
Studio to 2 Bedroom Apartments Available NowNOVEL Scott's Addition by Crescent Communities
2902 N Arthur Ashe BlvdRichmond, VA 23230
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$1,500 - $2,435
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,500 - $2,435
Total Monthly Price
$1,500 - $2,435
The Nest Scott's Addition
3113 W Marshall StRichmond, VA 23230
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.
3106 Patterson Ave
RichmondVA23221
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$1,512 - $2,085
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,492 - $2,065
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The Village at Horsepen
6701 Dartmouth AveRichmond, VA 23226
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$1,546 - $3,836
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1 to 2 Bedroom Apartments Available Aug 2Total Monthly Price
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$1,546 - $3,836
Total Monthly Price
$1,546 - $3,836
The Cooperage
1650 Overbrook RdRichmond, VA 23220
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$1,550 - $5,548
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Scout Scotts Addition
947 Myers StRichmond, VA 23230
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Rent Specials
$1,550 - $4,070
Plus Fees
1 to 2 Bedroom Apartments Available NowSYMBOL Scotts Addition
1814 Highpoint AveRichmond, VA 23230
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$1,552 - $17,402
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,471 - $17,321
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Otis
1661 Roseneath RdRichmond, VA 23230
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$1,566 - $15,838
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,533 - $15,805
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Wellsmith Apartments
5000 Libbie Mill East BlvdRichmond, VA 23230
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$1,566 - $3,787
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,566 - $3,787
Total Monthly Price
$1,566 - $3,787
Scott's View
3410 W Clay StRichmond, VA 23230
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$1,570 - $3,261
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,475 - $3,166
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VIV at Scott's Collection
2900 W Clay StRichmond, VA 23230
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$1,592 - $3,024
Plus Fees
1 to 2 Bedroom Apartments Available NowSoda Flats
2820 W Broad StRichmond, VA 23230
Richmond’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan
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$1,600 - $2,825
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Alder on Dabney
2001 Dabney RdRichmond, VA 23230
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$1,600 - $1,650
Plus Fees
1 Bedroom Apartments Available Now1111 N Thompson St
1111 N Thompson StRichmond, VA 23230
1111 N Thompson St
RichmondVA23230
102 N Lombardy St
RichmondVA23220
2215 W Grace St
RichmondVA23220
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$1,616 - $4,339
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1 to 2 Bedroom Apartments Available NowThe Preserve Scotts Addition
1310 Roseneath RdRichmond, VA 23230
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$1,644 - $2,999
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,644 - $2,999
Total Monthly Price
$1,644 - $2,999
Triton Scotts Addition - Monument
3700 Monument AveRichmond, VA 23230
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$1,655 - $2,975
Plus Fees
1 to 2 Bedroom Apartments Available Aug 12The Crest at Westhampton
5820 Patterson AveRichmond, VA 23226
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$1,678 - $5,145
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,678 - $5,145
Total Monthly Price
$1,678 - $5,145
The Ella Scotts Addition
3810 W Broad StRichmond, VA 23230
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$1,685 - $4,540
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Studio to 2 Bedroom Apartments Available NowThe Ace
1201 N Arthur Ashe BlvdRichmond, VA 23230
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Colonial Place, Richmond, VA Local Guide
How much does it cost to rent an apartment in Colonial Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colonial Place Studio Apartments | $1,598 | $835 | $2,777 |
| Colonial Place 1 Bedroom Apartments | $1,879 | $1,031 | $8,960 |
| Colonial Place 2 Bedroom Apartments | $2,591 | $1,125 | $10,000+ |
| Colonial Place 3 Bedroom Apartments | $3,343 | $1,995 | $10,000+ |
| Colonial Place 4 Bedroom Apartments | $2,995 | $2,995 | $2,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 121 rentals with your search options within a 2 mile radius of the Colonial Place Neighborhood of Richmond, VA.
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Colonial Place, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
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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. Guardian Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,192. Here are the most affordable Colonial Place apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Legacy at Imperial Village | Studio | Studio,1BA | $835 |
| Guardian Place Apartments | S1 Guardian Place 1 | Studio,1BA | $1,192 |
| Cookie Factory Lofts | Studio | Studio,1BA | $1,199 |
| Southern Stove Lofts | 1bed 1bth | 1BR,1BA | $1,250 |
| Crestwood at Libbie | 2X1 | 2BR,1BA | $1,329 |
| The Summit at Scotts Addition | The Chalet | 1BR,1BA | $1,355 |
| Pierce Arrow | Studio | Studio,1BA | $1,355 |
| Todd Lofts | One Bedroom | 1BR,1BA | $1,368 |
| Stuart and Davis | 1 Bedroom / 1 Bath - 650sqft | 1BR,1BA | $1,399 |
| Claiborne Court Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1,399 |
Best Value Apartments for Rent in Colonial Place, VA
As of July 24, 2026 the best value apartment in the Colonial Place area is the $2.04 price per square foot D1 Model at Jordans Branch Apartments in the in the Far West neighborhood starting from $3,120. The second greatest value Colonial Place apartment is the 4418 Cutshaw Ave Model at 4418 Cutshaw Ave, Unit 2 starting at $2,350 with a $1.96 price per square foot in the Bellevue 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. |
|---|---|---|---|
| Jordans Branch Apartments | D1 | 3BR,2.5BA | $2.04 |
| 4418 Cutshaw Ave, Unit 2 | 4418 Cutshaw Ave | 2BR,1BA | $1.96 |
| Stuart and Davis | 1 Bedroom / 1 Bath - 650sqft | 1BR,1BA | $1.40 |
| Claiborne Court Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.65 |
| Cookie Factory Lofts | 1 Bed/ 1.5 Bath | 1BR,1.5BA | $1.86 |
| Southern Stove Lofts | 1bed 1.5bth | 1BR,1.5BA | $1.79 |
| Scotts Edge | 1x1 | 1BR,1BA | $1.87 |
| LIV Lakeview | 2B/1BA Lake TH Class | 2BR,1BA | $1.99 |
| Crestwood at Libbie | 2X1 | 2BR,1BA | $2.02 |
| Legacy at Imperial Village | One Bedroom One Bath Standard | 1BR,1BA | $1.94 |
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
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
Read ArticleReal 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.
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Best Local Schools in Colonial Place, Richmond, VA
School data provided by Great Schools
Frequently Asked Questions about Cheap Colonial Place Apartments
What is a cheap apartment in Colonial Place?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Colonial Place is under $1,399.
What is the price of a cheap apartment in Colonial Place?
The cheapest apartment in Colonial Place is Legacy at Imperial Village which is listed at $1,085, while the average apartment in Colonial Place costs $2,995.
What types of apartments are the cheapest in Colonial Place?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 55 regular apartments in Colonial Place that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Colonial Place?
Cheap apartments in Colonial Place have an average cost of $136 which is $2,859 cheaper than the average rent for all rentals in Colonial 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.
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Your Richmond Neighborhood Guide: Living Near the City's Top Employers
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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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