Cheap Apartments for Rent in the Colonial Avenue Area Roanoke, VA from $500 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Colonial Avenue Area area of Roanoke.

property at 1405 Chapman Ave SW

$815

Total Monthly Price

Total Monthly Price

Base Rent
$815

Total Monthly Price
$815

1 Bedroom Rentals

Available Apr 1

1405 Chapman Ave SW

RoanokeVA24016
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Edgehill Estates
Studio to 2 Bedroom Apartments

Edgehill Estates

739 Townside Rd SWRoanoke, VA 24014
  • Utilities Included
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El Ray Apartments
1 to 2 Bedroom Apartments

El Ray Apartments

2627 Westover Ave SWRoanoke, VA 24015
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Heritage Hall
1 to 2 Bedroom Apartments

Heritage Hall

379 Highland Ave SWRoanoke, VA 24016
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Summertree
1 to 3 Bedroom Apartments

Summertree

3787 Southway Dr SWRoanoke, VA 24014
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StoneBrook Apartments
1 to 3 Bedroom Apartments

StoneBrook Apartments

3301 Circle Brook DrRoanoke, VA 24018
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The River House
Studio to 2 Bedroom Apartments

The River House

806 Wasena Ave SWRoanoke, VA 24015
Corporate Housing

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2001 Lynn Ave
1 to 2 Bedroom Apartments

2001 Lynn Ave

2001 Lynn Ave SWRoanoke, VA 24014
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Summit at Roanoke
1 to 3 Bedroom Apartments

Summit at Roanoke

4500 Franklin Rd SWRoanoke, VA 24014
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The Patrick Henry
Studio to 2 Bedroom Apartments

The Patrick Henry

611 S Jefferson StRoanoke, VA 24011
Corporate Housing
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Cotton Mill Lofts
1 to 2 Bedroom Apartments

Cotton Mill Lofts

505 6th St SWRoanoke, VA 24016
Corporate Housing
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The Ridge
1 to 3 Bedroom Apartments

The Ridge

2920 Brandon Ave SWRoanoke, VA 24015
  • Utilities Included

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Colonial Avenue Area, Roanoke, VA Local Guide

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 1222-1224 Maple Ave SW priced from $895. Pebble Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,111. Here are the most affordable Colonial Avenue Area apartments for rent in Roanoke, VA:

Apartment ListingModel NameBed/BathPriced From
1222-1224 Maple Ave SW1 Bed 1 Bath1BR,1BA$895
Pebble CreekHeron1BR,1BA$1,111
Gardens At Grandin - II2BR/1.0BA2BR,1BA$1,125
Honeywood Apartments1 Bedroom1BR,1BA$1,185
1801 Grandin Road Southwest1801 Grandin Road Southwest - 2008...2BR,1BA$1,249

Best Value Apartments for Rent in Colonial Avenue Area, VA

As of February 26, 2026 the best value apartment in the Colonial Avenue Area area is the $1.09 price per square foot 1609 Chapman Ave SW Model at 1609 Chapman Ave SW, Unit B in the in the Gilmer neighborhood starting from $1,525. The second greatest value Colonial Avenue Area apartment is the 3 BEDROOM Model at Bent Tree starting at $1,900 with a $1.58 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1609 Chapman Ave SW, Unit B1609 Chapman Ave SW4BR,1BA$1.09
Bent Tree3 BEDROOM3BR,1BA$1.58
857 Marshall Ave SW, Unit #A857 Marshall Ave SW2BR,1BA$1.15
1801 Grandin Road Southwest1801 Grandin Road Southwest - 1809...2BR,1.5BA$1.14
Gardens At Grandin - II2BR/2.0BA2BR,2BA$1.07
Westmont Apartments2BR2BR,2BA$1.40
Windy Hill Key1 Bedroom, 1 Bath with Den & Storage1BR,1BA$1.36
Langdon Square2x22BR,2BA$1.55
Pebble CreekEgret1BR,1BA$1.61
Honeywood Apartments1 Bedroom1BR,1BA$1.58

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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

What is the price of a cheap apartment in Colonial Avenue Area?

The cheapest apartment in Colonial Avenue Area is 1222-1224 Maple Ave SW which is listed at $895, while the average apartment in Colonial Avenue Area costs $1,895.

What types of apartments are the cheapest in Colonial Avenue Area?

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 1 regular apartments in Colonial Avenue Area 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 Avenue Area?

Cheap apartments in Colonial Avenue Area have an average cost of $138 which is $1,757 cheaper than the average rent for all rentals in Colonial Avenue Area.

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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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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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.