16 Church Ave SW
RoanokeVA24011
Cheap Homes for Rent in Colonial Avenue Area Roanoke, VA from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Colonial Avenue Area area of Roanoke.
1624 Chapman Ave SW
RoanokeVA24016
821 Salem Ave SW
RoanokeVA24016
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
113 Norfolk Ave SW
RoanokeVA24011
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$1,0951 Bedroom Apartments Available Jun 15
401 Washington Avenue Southwest, Unit Washington Ave sw
401 Washington Avenue SouthwestRoanoke, VA 24016
515 Washington Avenue Southwest, Unit Washington A
515 Washington Avenue Southwest
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.
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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 | $1,677 | $1,195 | $2,350 |
| Colonial Avenue Area 3 Bedroom Homes for Rent | $2,351 | $1,950 | $2,877 |
| Colonial Avenue Area 4 Bedroom Homes for Rent | $2,801 | $1,795 | $3,195 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 6 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 |
| Stone Ridge Apartments- Convenient Location | 1BR/1.0BA | 1BR,1BA | $915 |
Best Value Apartments for Rent in Colonial Avenue Area, VA
As of June 05, 2026 the best value apartment in the Colonial Avenue Area area is the $1.10 price per square foot 1609 Chapman Ave SW Model at 1609 Chapman Ave SW, Unit B in the in the Gilmer neighborhood starting from $1,545. The second greatest value Colonial Avenue Area apartment is the 3 Bedroom, 2 Bath Model at Windy Hill Key starting at $1,611 with a $1.30 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1609 Chapman Ave SW, Unit B | 1609 Chapman Ave SW | 4BR,1BA | $1.10 |
| Windy Hill Key | 3 Bedroom, 2 Bath | 3BR,2BA | $1.30 |
| Bent Tree | 2 BEDROOM | 2BR,1BA | $1.23 |
| Gardens At Grandin - II | 2BR/1.0BA | 2BR,1BA | $1.07 |
| 356 Walnut Ave SW | 1 Beds, 1 Baths | 1BR,1BA | $1.53 |
| Westmont Apartments | 1BR | 1BR,1BA | $1.58 |
| Honeywood Apartments | 1 Bedroom | 1BR,1BA | $1.61 |
| 426 Walnut Ave SE, Unit Unit D | 426 Walnut Ave SE | 2BR,1BA | $1.40 |
| 1624 SW Chapman Ave | 1 Beds, 1 Baths | 1BR,1BA | $1.23 |
| Stone Ridge Apartments- Convenient Location | 1BR/1.0BA | 1BR,1BA | $1.46 |
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.
Read Article
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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Best Local Schools in Colonial Avenue Area, Roanoke, VA
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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 204 Apartments for Rent in Colonial Avenue Area, VA with pricing that ranges from $850 to $2,942. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Avenue Area ranging from $795 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 $795 to $3,195 with an average monthly rent of $1,787.
How much are larger Three and Four Bedroom Rentals in Colonial Avenue Area?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Colonial Avenue Area range from $1,200 to $2,503, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $2,877. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $1,545.
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
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.