
Cheap Homes for Rent in the Colonial Avenue Area Roanoke, VA from $500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Colonial Avenue Area area of Roanoke.


202 Elm Ave

1624 Chapman Ave SW
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420 Albemarle Ave SW

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425 Campbell Ave SW
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 | $1,399 | $950 | $2,000 |
| Colonial Avenue Area 3 Bedroom Homes for Rent | $2,224 | $1,599 | $3,200 |
| Colonial Avenue Area 4 Bedroom Homes for Rent | $2,638 | $1,677 | $3,275 |
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 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 |
| Brandon West | 2 Beds, 1 Baths | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bridgeway Gardens | 2 Beds, 1.5 Baths | 2BR,1.5BA | $0.94 |
| Bent Tree | 2 BEDROOM | 2BR,1BA | $1.20 |
| 1801 Grandin Road Southwest | 1801 Grandin Road Southwest - 2016... | 2BR,1.5BA | $1.18 |
| Windy Hill Key | 2 Bedroom, 2 Bath | 2BR,2BA | $1.31 |
| 917 Campbell Ave SW, Unit A | 917 Campbell Ave SW | 2BR,1BA | $1.35 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $1.24 |
| The Aurora - Residential | 1BR/1.0BA | 1BR,1BA | $1.44 |
| Honeywood Apartments | 1 Bedroom | 1BR,1BA | $1.60 |
| Brandon West | 2 Beds, 1 Baths | 2BR,1BA | $1.28 |
| 1624 SW Chapman Ave | 1 Beds, 1 Baths | 1BR,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.
Read ArticleReal 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
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 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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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.

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