
Cheap Apartments for Rent in the Colonial Avenue Area Roanoke, VA from $500 (56 Rentals)
Search the lowest-cost Apartments available for rent right now in the Colonial Avenue Area area of Roanoke.


802 Rorer Ave SW

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1222-1224 Maple Ave SW

2411 Colonial Ave SW

509 King George Ave SW

445 Riverland Rd SE

379 Walnut Ave SW

Total Monthly Price
Stone Ridge Apartments

1802 Patterson Ave SW

Total Monthly Price
Gardens At Grandin - II
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631 Campbell Ave LLC - Residential

602 Day Ave SW

934 Floyd Ave SW

1415 Chapman Ave SW

715 Marshall Ave SW

440 Mountain Ave SW

The Aurora - Residential

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Pebble Creek

1717-1719 Chapman Ave SW

2016 Brandon Ave SW
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Honeywood Apartments

Edgehill Estates

Abbingdon of Old Southwest

110 Campbell Ave SE

El Ray Apartments

Heritage Hall

Summertree

Mountain View Terrace Apartments

Terrace North Apartments

StoneBrook Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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The River House

202 Elm Ave

Hounds Chase Apartments

1801 Grandin Road Southwest

1624 SW Chapman Ave

1624 Chapman Ave SW

2001 Lynn Ave

Summit at Roanoke

The Patrick Henry

Cotton Mill Lofts
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Grandin Court Apartments

Copper Croft Apartments

The Ridge

Brandon West

Grandin Village Apartments

South Roanoke Apartment Village

The Hancock Building

420 Albemarle Ave SW

115 Elm Ave SW

The Jefferson
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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Colonial Avenue Area, Roanoke, VA Local Guide

How much does it cost to rent an apartment in Colonial Avenue Area?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colonial Avenue Area 1 Bedroom Apartments | $1,311 | $875 | $2,326 |
| Colonial Avenue Area 2 Bedroom Apartments | $1,526 | $895 | $2,942 |
| Colonial Avenue Area 3 Bedroom Apartments | $1,832 | $1,100 | $2,186 |
Browse Apartments in this Neighborhood
There are currently 56 rentals with your search options within a 2 mile radius of the Colonial Avenue Area Neighborhood of Roanoke, VA.
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Colonial Avenue Area, Roanoke, VA Local Guide
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Cheapest Available Colonial Avenue Area Apartments for Rent
 The cheapest available apartment rental in the Colonial Avenue Area area of Roanoke, VA is a 1 Bed unit found at 1624 SW Chapman Ave priced from $799. 1222-1224 Maple Ave SW has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Colonial Avenue Area apartments for rent in Roanoke, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1624 SW Chapman Ave | 1 Beds, 1 Baths | 1BR,1BA | $799 |
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $895 |
| Brandon West | 2 Beds, 1 Baths | 2BR,1BA | $915 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $995 |
| Bridgeway Gardens | 2 Beds, 1.5 Baths | 2BR,1BA | $1,035 |
| The Aurora - Residential | 1BR/1.0BA | 1BR,1BA | $1,125 |
| 701 3rd Street | 1x1 | 1BR,1BA | $1,149 |
| Pebble Creek | Heron | 1BR,1BA | $1,191 |
| Honeywood Apartments | 1 Bedroom | 1BR,1BA | $1,197 |
| Gramercy Row Apartment Residences | 1 Bedroom 1 Bath 124 | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in Colonial Avenue Area, VA
As of July 22, 2026 the best value apartment in the Colonial Avenue Area area is the $0.94 price per square foot 2 Beds, 1.5 Baths Model at Bridgeway Gardens in the in the Gilmer neighborhood starting from $1,035. The second greatest value Colonial Avenue Area apartment is the 2 BEDROOM Model at Bent Tree starting at $1,325 with a $1.20 price per square foot in the Southern Hills neighborhood. Here is today’s list of the best values for Colonial Avenue Area apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bridgeway Gardens | 2 Beds, 1.5 Baths | 2BR,1.5BA | $0.94 |
| Bent Tree | 2 BEDROOM | 2BR,1BA | $1.20 |
| 1801 Grandin Road Southwest | 1801 Grandin Road Southwest - 2016... | 2BR,1.5BA | $1.18 |
| Windy Hill Key | 2 Bedroom, 2 Bath | 2BR,2BA | $1.31 |
| 917 Campbell Ave SW, Unit A | 917 Campbell Ave SW | 2BR,1BA | $1.35 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $1.24 |
| The Aurora - Residential | 1BR/1.0BA | 1BR,1BA | $1.44 |
| Honeywood Apartments | 1 Bedroom | 1BR,1BA | $1.60 |
| Brandon West | 2 Beds, 1 Baths | 2BR,1BA | $1.28 |
| 1624 SW Chapman Ave | 1 Beds, 1 Baths | 1BR,1BA | $1.23 |
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 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Best Local Schools in Colonial Avenue Area, Roanoke, VA
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Roanoke. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, pet-friendly features, apartment complexes for the kids, proximity to transit, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Colonial Avenue Area Apartments
How much is rent for a Cheap One Bedroom Colonial Avenue Area Apartment?
The lowest price for a Cheap One Bedroom Colonial Avenue Area Apartment is $799 at 1624 SW Chapman Ave.
What is the lowest price for a Cheap Two Bedroom Colonial Avenue Area Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Colonial Avenue Area is starting from $915 at Brandon West.
What is the most affordable Colonial Avenue Area Three Bedroom Apartment?
The best deal on a cheap Colonial Avenue Area Three Bedroom Apartment rental is at Windy Hill Key and starts from $1,611.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.