Cheap Apartments for Rent in the Colonial Place Neighborhood of Richmond, VA from $800 (65 Rentals)

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

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property at 1719 Blair St

1719 Blair St

RichmondVA23220
property at 1721 Blair St

1721 Blair St

RichmondVA23220
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2700 Idlewood Ave
Studio to 1 Bedroom Apartments

2700 Idlewood Ave

2700 Idlewood AveRichmond, VA 23220
  • Utilities Included
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3329 Cutshaw Ave
1 to 2 Bedroom Apartments

3329 Cutshaw Ave

3329 Cutshaw AveRichmond, VA 23230
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Virginia Apartments
1 to 2 Bedroom Apartments

Virginia Apartments

2602-2608 Kensington AveRichmond, VA 23220
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Legacy At Imperial Village
Studio to 2 Bedroom Apartments

Legacy At Imperial Village

1711 Bellevue AveRichmond, VA 23227
Senior Living
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Showing Results 1-50, Page 1 of 2

Colonial Place, Richmond, VA Local Guide

Cheapest Available Colonial Place Apartments for Rent

 

The cheapest available apartment rental in the Colonial Place area of Richmond, VA is a Studio unit found at Legacy at Imperial Village priced from $835. Legacy Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,085. Here are the most affordable Colonial Place apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Legacy at Imperial VillageStudioStudio,1BA$835
Legacy ApartmentsOne Bedroom, One Bath1BR,1BA$1,085
Guardian Place ApartmentsS1 Guardian Place 1Studio,1BA$1,192
Southern Stove LoftsstudioStudio,1BA$1,275
The CarouselJumperStudio,1BA$1,300
The Cooperage1 Bedroom / 1 Bathroom: Flat1BR,1BA$1,329
Crestwood at Libbie2X12BR,1BA$1,329
The Scout Scotts Addition*The 1908 - Income Restricted*Studio,1BA$1,330
The Collection of Historic RichmondA1 & A21BR,1BA$1,340
Todd LoftsOne Bedroom1BR,1BA$1,357

Best Value Apartments for Rent in Colonial Place, VA

As of April 22, 2025 the best value apartment in the Colonial Place area is the $1.89 price per square foot D1 Model at Jordans Branch Apartments in the in the Far West neighborhood starting from $2,895. The second greatest value Colonial Place apartment is the 1706 Floyd Ave Model at 1706 Floyd Ave, Unit B starting at $1,850 with a $1.54 price per square foot in the Near West neighborhood. Here is today’s list of the best values for Colonial Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Jordans Branch ApartmentsD13BR,2.5BA$1.89
1706 Floyd Ave, Unit B1706 Floyd Ave2BR,1BA$1.54
River School Lofts1G1BR,1BA$1.79
Courtyard LoftsThe Diamond2BR,2BA$1.62
Kensington, Patterson Place and Grove AveKensington Place - Two Bedroom2BR,1BA$1.63
3220 W Franklin St, Unit B3220 W Franklin St2BR,1BA$1.66
1510 BellevilleA71BR,1BA$2.06
Cookie Factory Lofts1 Bed/ 1 Bath1BR,1BA$1.88
Legacy ApartmentsOne Bedroom, One Bath - Patio1BR,1BA$1.73
Crestwood at Libbie2X12BR,1BA$2.02

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Pet Friendly Lifestyle
Colonial Place, Richmond, VA

Ranked #64

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Colonial Place, Richmond, VA

School data provided by Great Schools

Getting Around the Colonial Place Neighborhood in Richmond, VA

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

48 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

33 / 100

Some Transit

A few nearby public transportation options

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 Colonial Place Apartments

What is a cheap apartment in Colonial Place?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Colonial Place is under $1,357.

What is the price of a cheap apartment in Colonial Place?

The cheapest apartment in Colonial Place is Legacy at Imperial Village which is listed at $1,085, while the average apartment in Colonial Place costs $5,050.

What types of apartments are the cheapest in Colonial Place?

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 77 regular apartments in Colonial Place 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 Colonial Place?

Cheap apartments in Colonial Place have an average cost of $295 which is $4,755 cheaper than the average rent for all rentals in Colonial Place.

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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.

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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.