Cheap Apartments for Rent in the Petersburg Colonial Heights Neighborhood of Colonial Heights, VA from $700 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Petersburg Colonial Heights area of Colonial Heights.

close
View Me
Old Town Creek
2 Bedroom Apartments

Old Town Creek

107 New Castle DrColonial Heights, VA 23834
  • Utilities Included
close
View Me
Petersburg East
2 to 3 Bedroom Apartments

Petersburg East

110 Croatan DrPetersburg, VA 23803
Showing Results 1-16, Page 1 of 1

Petersburg Colonial Heights, Colonial Heights, VA Local Guide

Cheapest Available Petersburg Colonial Heights Apartments for Rent

 

The cheapest available apartment rental in the Petersburg Colonial Heights area of Richmond, VA is a 1 Bed unit found at Perry Street Lofts priced from $820. Puddledock Place II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Petersburg Colonial Heights apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Perry Street LoftsA11BR,1BA$820
Puddledock Place II1 Bed, 1 bath1BR,1BA$880
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$899
Mayton Transfer LoftsMyriad1BR,1BA$995
Branders Bridge Apartments2BR/1.5 BA2BR,1BA$1,024

Best Value Apartments for Rent in Petersburg Colonial Heights, VA

As of March 26, 2025 the best value apartment in the Petersburg Colonial Heights area is the $0.98 price per square foot Colony Wood Townhomes Model at Colony Wood Townhomes in the in the Petersburg Chesterfield neighborhood starting from $1,245. The second greatest value Petersburg Colonial Heights apartment is the 2x2 Model at Terrace View Apartments starting at $1,420 with a $1.31 price per square foot in the Petersburg Chesterfield neighborhood. Here is today’s list of the best values for Petersburg Colonial Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Colony Wood TownhomesColony Wood Townhomes2BR,1.5BA$0.98
Terrace View Apartments2x22BR,2BA$1.31
New Castle ApartmentsTC 3x13BR,1BA$1.45
Branders Bridge Apartments2 BR/ 1 Bath2BR,1BA$1.02
Star LoftsB22BR,2BA$1.48
Petersburg ArtistSpace Lofts1 Bedroom1BR,1BA$1.00
The Bosco1BR/1.0BA1BR,1BA$1.32
Dunlop Farms Senior Apartments 55+The Lee2BR,1BA$1.46
Jabez Downtown1 Bed 1 Bath1BR,1BA$1.43
Puddledock Place II1 Bed, 1 bath1BR,1BA$1.17

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Petersburg Colonial Heights, Colonial Heights, VA

Ranked #1

Among neighborhoods in Colonial Heights, VA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Petersburg Colonial Heights, Colonial Heights, VA

School data provided by Great Schools

Best Local Schools in
Petersburg Colonial Heights, Colonial Heights, VA

School data provided by Great Schools

Getting Around the Petersburg Colonial Heights Neighborhood in Colonial Heights, VA

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Petersburg Colonial Heights Apartments

What is a cheap apartment in Petersburg Colonial Heights?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Petersburg Colonial Heights is under $1,134.

What is the price of a cheap apartment in Petersburg Colonial Heights?

The cheapest apartment in Petersburg Colonial Heights is Perry Street Lofts which is listed at $820, while the average apartment in Petersburg Colonial Heights costs $1,635.

What types of apartments are the cheapest in Petersburg Colonial Heights?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 217 regular apartments in Petersburg Colonial Heights that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Petersburg Colonial Heights?

Cheap apartments in Petersburg Colonial Heights have an average cost of $341 which is $1,294 cheaper than the average rent for all rentals in Petersburg Colonial Heights.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.