Cheap Homes for Rent in the Colonial Avenue Area Roanoke, VA from $500 (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 110 Campbell Ave SE

$595 - $1,600

Total Monthly Price

Total Monthly Price

Base Rent
$595

Total Monthly Price
$595

Studio To 2 Bedroom Rentals

Available Now

110 Campbell Ave SE

RoanokeVA24011
property at 202 Elm Ave

$775

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$775

Total Monthly Price
$775

1 Bedroom, 1 Bath Home for Rent

Available Now

202 Elm Ave

RoanokeVA24016
property at 1624 Chapman Ave SW

$799

Total Monthly Price

Total Monthly Price

Base Rent
$799

Total Monthly Price
$799

1 Bedroom, 1 Bath Home for Rent

Available Now

1624 Chapman Ave SW

RoanokeVA24016

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 420 Albemarle Ave SW

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

420 Albemarle Ave SW

RoanokeVA24016
property at 123 Main St SW

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

123 Main St SW

RoanokeVA24015
property at 440 Mountain Ave SW

$1,110

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$1,110

Total Monthly Price
$1,110

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

440 Mountain Ave SW

RoanokeVA24016

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 425 Campbell Ave SW

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 Bedroom, 1 Bath Condo for Rent

Available Now

425 Campbell Ave SW

RoanokeVA24016

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 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 ListingModel NameBed/BathPriced From
1624 SW Chapman Ave1 Beds, 1 Baths1BR,1BA$799
1222-1224 Maple Ave SW1 Bed 1 Bath1BR,1BA$895
Brandon West2 Beds, 1 Baths2BR,1BA$915

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Bridgeway Gardens2 Beds, 1.5 Baths2BR,1.5BA$0.94
Bent Tree2 BEDROOM2BR,1BA$1.20
1801 Grandin Road Southwest1801 Grandin Road Southwest - 2016...2BR,1.5BA$1.18
Windy Hill Key2 Bedroom, 2 Bath2BR,2BA$1.31
917 Campbell Ave SW, Unit A917 Campbell Ave SW2BR,1BA$1.35
Gardens At Grandin - II1BR/1.0BA1BR,1BA$1.24
The Aurora - Residential1BR/1.0BA1BR,1BA$1.44
Honeywood Apartments1 Bedroom1BR,1BA$1.60
Brandon West2 Beds, 1 Baths2BR,1BA$1.28
1624 SW Chapman Ave1 Beds, 1 Baths1BR,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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Real 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.

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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 203 Apartments for Rent in Colonial Avenue Area, VA with pricing that ranges from $875 to $2,942. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Avenue Area ranging from $595 to $3,275.

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 $3,275 with an average monthly rent of $1,610.

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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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.