
Cheap Homes for Rent in Colonial Avenue Area Roanoke, VA from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Colonial Avenue Area area of Roanoke.


1306 Patterson Ave SW

421 Elm Ave
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.

3601 Yellow Mountain Rd SE, Unit 3601YellowMountainRd

2840 Colonial Ave SW

110 Campbell Ave SE
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.

519 5th St SE
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 | $1,443 | $995 | $1,850 |
| Colonial Avenue Area 3 Bedroom Homes for Rent | $1,837 | $1,195 | $2,200 |
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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $895 |
| Stone Ridge Apartments- Convenient Location | 1BR/1.0BA | 1BR,1BA | $945 |
| Pebble Creek | Heron | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1609 Chapman Ave SW, Unit B | 1609 Chapman Ave SW | 4BR,1BA | $1.09 |
| Bent Tree | 3 BEDROOM | 3BR,1BA | $1.58 |
| 857 Marshall Ave SW, Unit #A | 857 Marshall Ave SW | 2BR,1BA | $1.15 |
| Gardens At Grandin - II | 2BR/2.0BA | 2BR,2BA | $1.07 |
| 1801 Grandin Road Southwest | 1801 Grandin Road Southwest - 1809... | 2BR,1.5BA | $1.14 |
| Westmont Apartments | 2BR | 2BR,2BA | $1.40 |
| Richelieu Place Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.50 |
| Windy Hill Key | 1 Bedroom, 1 Bath with Den & Storage | 1BR,1BA | $1.36 |
| Honeywood Apartments | 1 Bedroom with Den | 1BR,1BA | $1.46 |
| Stone Ridge Apartments- Convenient Location | 1BR/1.0BA | 1BR,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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Best Local Schools in Colonial Avenue Area, Roanoke, VA
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 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

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.

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.

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.

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.