Cheap Homes for Rent in Colonial Place Neighborhood of Richmond, VA from $1,100 (12 Rentals)

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

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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 Imperial Living Propco LLC priced from $835. Legacy Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,085. Here are the most affordable Colonial Place apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Imperial Living Propco LLCStudioStudio,1BA$835
Legacy ApartmentsOne Bedroom, One Bath1BR,1BA$1,085
Guardian Place ApartmentsS1 Guardian Place 1Studio,1BA$1,192
Southern Stove Lofts1bed 1bth1BR,1BA$1,250
South Arthur1/11BR,1BA$1,299

Best Value Apartments for Rent in Colonial Place, VA

As of September 15, 2025 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 $2,895 with a $1.89 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$1.89
River School Lofts2A (RENO)2BR,1BA$1.78
3425 Kensington Avenue2BR/1.0BA2BR,1BA$1.65
South Arthur1/11BR,1BA$1.53
The Gallery Midtown ApartmentsRenovated Patterson2BR,1BA$2.03
LIV Lakeview2 Beds, 1 Baths2BR,1BA$1.99
Legacy ApartmentsOne Bedroom, One Bath - Patio1BR,1BA$1.73
Cookie Factory LoftsStudioStudio ,1BA$2.02
Imperial Living Propco LLCOne Bedroom One Bath Standard1BR,1BA$1.94

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Pet Friendly Lifestyle
Colonial Place, Richmond, VA

Ranked #69

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Colonial Place, Richmond, VA

School data provided by Great Schools

Frequently Asked Questions about Colonial Place

What type of rentals are currently available in Colonial Place?

There are currently 359 Apartments for Rent in Colonial Place, VA with pricing that ranges from $835 to $10,956. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Place ranging from $1,150 to $4,999.

What is the current price range for Rental Homes in Colonial Place?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Colonial Place ranges from $1,150 to $4,999 with an average monthly rent of $2,232.

How much are larger Three and Four Bedroom Rentals in Colonial Place?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Colonial Place range from $1,800 to $10,956, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,875 to $4,999. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $5,222.

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.

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.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.