
Cheap Homes for Rent in the Colonial Avenue Area Roanoke, VA from $595 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Colonial Avenue Area area of Roanoke.


202 Elm Ave

1624 Chapman Ave SW
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2840 Colonial Ave SW, Unit A12

425 Campbell Ave SW

2225 Berkley Ave SW, Unit Apt. 2
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419 Campbell Ave SW
Colonial Avenue Area, Roanoke, VA Local Guide

How much does it cost to rent a home in Colonial Avenue Area?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colonial Avenue Area 2 Bedroom Homes for Rent | $1,376 | $1,150 | $1,450 |
| Colonial Avenue Area 3 Bedroom Homes for Rent | $1,960 | $1,399 | $2,800 |
| Colonial Avenue Area 4 Bedroom Homes for Rent | $2,374 | $1,627 | $3,195 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 |
| Walnut/379 | 1BR/1.0BA | 1BR,1BA | $980 |
Best Value Apartments for Rent in Colonial Avenue Area, VA
As of September 10, 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 1801 Grandin Road Southwest - 2006... Model at 1801 Grandin Road Southwest starting at $1,399 with a $1.27 price per square foot in the Gilmer 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 |
| 1801 Grandin Road Southwest | 1801 Grandin Road Southwest - 2006... | 3BR,1.5BA | $1.27 |
| Windy Hill Key | 2 Bedroom, 2 Bath | 2BR,2BA | $1.31 |
| Westmont Apartments | 2BR | 2BR,2BA | $1.45 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $1.24 |
| 302 Mountain Ave | 1BR/1.0BA | 1BR,1BA | $1.46 |
| 2415 Broadway Ave SW | 2 Beds, 1 Baths | 2BR,1BA | $1.54 |
| 701 3rd Street | 1x1 | 1BR,1BA | $1.53 |
| Brandon West | 2 Beds, 1 Baths | 2BR,1BA | $1.42 |
| 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.
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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
Fishburn Park Elementary School
School data provided by Great Schools
Frequently Asked Questions about Colonial Avenue Area
What type of rentals are currently available in Colonial Avenue Area?
There are currently 206 Apartments for Rent in Colonial Avenue Area, VA with pricing that ranges from $850 to $2,525. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Avenue Area ranging from $595 to $3,195.
What is the current price range for Rental Homes in Colonial Avenue Area?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Colonial Avenue Area ranges from $595 to $3,195 with an average monthly rent of $1,552.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.