Cheap Homes for Rent in Colonial Avenue Area Roanoke, VA from $700 (7 Rentals)

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

property at 1831 Oxford Ave SW

$725

Total Monthly Price

Total Monthly Price

Base Rent
$725

Total Monthly Price
$725

1 Bedroom, 1 Bath Home for Rent

Available Mar 15

1831 Oxford Ave SW

RoanokeVA24015
property at 1306 Patterson Ave SW

$849

Total Monthly Price

Total Monthly Price

Base Rent
$849

Total Monthly Price
$849

1 Bedroom, 1 Bath Home for Rent

Available Now

1306 Patterson Ave SW

RoanokeVA24016
property at 421 Elm Ave

$849

Total Monthly Price

Total Monthly Price

Base Rent
$849

Total Monthly Price
$849

1 Bedroom, 1 Bath Home for Rent

Available Now

421 Elm Ave

RoanokeVA24016

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 2840 Colonial Ave SW

$1,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

Studio, 1 Bath Condo for Rent

Available Now

2840 Colonial Ave SW

RoanokeVA24015
property at 110 Campbell Ave SE

$1,161

Total Monthly Price

Total Monthly Price

Base Rent
$1,161

Total Monthly Price
$1,161

1 Bedroom, 1 Bath Condo for Rent

Available Now

110 Campbell Ave SE

RoanokeVA24011

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 519 5th St SE

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

3 Bedroom, 1.5 Bath Home for Rent

Available Now

519 5th St SE

RoanokeVA24013

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. Stone Ridge Apartments- Convenient Location has the second lowest priced unit, which is a 1 Bed apartment currently listed from $945. 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
Stone Ridge Apartments- Convenient Location1BR/1.0BA1BR,1BA$945
Pebble CreekHeron1BR,1BA$1,111

Best Value Apartments for Rent in Colonial Avenue Area, VA

As of March 01, 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
Gardens At Grandin - II2BR/2.0BA2BR,2BA$1.07
1801 Grandin Road Southwest1801 Grandin Road Southwest - 1809...2BR,1.5BA$1.14
Westmont Apartments2BR2BR,2BA$1.40
Richelieu Place Apartments2BR/1.5BA2BR,1.5BA$1.50
Windy Hill Key1 Bedroom, 1 Bath with Den & Storage1BR,1BA$1.36
Honeywood Apartments1 Bedroom with Den1BR,1BA$1.46
Stone Ridge Apartments- Convenient Location1BR/1.0BA1BR,1BA$1.51

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

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Frequently Asked Questions about Colonial Avenue Area

What type of rentals are currently available in Colonial Avenue Area?

There are currently 198 Apartments for Rent in Colonial Avenue Area, VA with pricing that ranges from $815 to $2,620. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Avenue Area ranging from $725 to $2,200.

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 $725 to $2,200 with an average monthly rent of $1,319.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.