Cheap Homes for Rent in Colonial Avenue Area Roanoke, VA from $500 (10 Rentals)

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

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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 3rd,SW,1401 priced from $999. Gardens At Grandin - II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here are the most affordable Colonial Avenue Area apartments for rent in Roanoke, VA:

Apartment ListingModel NameBed/BathPriced From
3rd,SW,14011BR/1.0BA1BR,1BA$999
Gardens At Grandin - II1BR/1.0BA1BR,1BA$1,075
Honeywood Apartments1 Bedroom1BR,1BA$1,091

Best Value Apartments for Rent in Colonial Avenue Area, VA

As of August 02, 2025 the best value apartment in the Colonial Avenue Area area is the $1.26 price per square foot 3 Bedroom, 2 Bath Model at Windy Hill Key in the in the Southern Hills neighborhood starting from $1,561. The second greatest value Colonial Avenue Area apartment is the 3 BEDROOM Model at Bent Tree starting at $1,720 with a $1.43 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.
Windy Hill Key3 Bedroom, 2 Bath3BR,2BA$1.26
Bent Tree3 BEDROOM3BR,1BA$1.43
Pebble CreekCrane3BR,2BA$1.58
911 Campbell Ave SW, Unit B911 Campbell Ave SW3BR,1BA$1.15
Gardens At Grandin - II2BR/1.0BA2BR,1BA$1.44
Honeywood Apartments1 Bedroom1BR,1BA$1.45
24 Church Ave SW, Unit B24 Church Ave SW1BR,1BA$1.51
3rd,SW,14011BR/1.0BA1BR,1BA$1.65
375 Washington Ave SW, Unit 2375 Washington Ave SW1BR,1BA$1.81
622 Walnut Ave SW, Unit C622 Walnut Ave SW1BR,1BA$1.79

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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 191 Apartments for Rent in Colonial Avenue Area, VA with pricing that ranges from $795 to $4,038. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Avenue Area ranging from $595 to $3,000.

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 $3,000 with an average monthly rent of $1,565.

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.

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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.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.