Cheap Apartments for Rent in the Colonial Avenue Area Roanoke, VA from $500 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Colonial Avenue Area area of Roanoke.

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Edgehill Estates
Studio to 2 Bedroom Apartments

Edgehill Estates

739 Townside Rd SWRoanoke, VA 24014
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El Ray Apartments
1 to 2 Bedroom Apartments

El Ray Apartments

2627 Westover Ave SWRoanoke, VA 24015
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Heritage Hall
1 to 2 Bedroom Apartments

Heritage Hall

379 Highland Ave SWRoanoke, VA 24016
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Colonial Yorktown
1 to 3 Bedroom Apartments

Colonial Yorktown

2920 Brandon Ave SWRoanoke, VA 24015
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Summertree
1 to 3 Bedroom Apartments

Summertree

3787 Southway Dr SWRoanoke, VA 24014
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The Patrick Henry
Studio to 1 Bedroom Apartments

The Patrick Henry

611 S Jefferson StRoanoke, VA 24011
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StoneBrook Apartments
1 to 3 Bedroom Apartments

StoneBrook Apartments

3301 Circle Brook DrRoanoke, VA 24018
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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The River House
Studio to 1 Bedroom Apartments

The River House

806 Wasena Ave SWRoanoke, VA 24015
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Brandon West
2 Bedroom Apartments

Brandon West

2754 Brandon Ave SWRoanoke, VA 24015
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2001 Lynn Ave
1 Bedroom Apartments

2001 Lynn Ave

2001 Lynn Ave SWRoanoke, VA 24014
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Summit at Roanoke
1 to 3 Bedroom Apartments

Summit at Roanoke

4500 Franklin Rd SWRoanoke, VA 24014
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Bridgeway Gardens
2 Bedroom Apartments

Bridgeway Gardens

2307-2317 Memorial Ave SWRoanoke, VA 24015
  • Utilities Included

Colonial Avenue Area, Roanoke, VA Local Guide

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 Stone Ridge Apartments priced from $925. Pebble Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Colonial Avenue Area apartments for rent in Roanoke, VA:

Apartment ListingModel NameBed/BathPriced From
Stone Ridge Apartments1 bedroom1BR,1BA$925
Pebble CreekHeron1BR,1BA$999
The Everett1 Bed 1Bath - 1A1BR,1BA$1,025
Honeywood Apartments1 Bedroom1BR,1BA$1,069
The Heights at Gateway ParkBrand new 1 bedroom 1 bath with stainless steel...1BR,1BA$1,175

Best Value Apartments for Rent in Colonial Avenue Area, VA

As of April 25, 2025 the best value apartment in the Colonial Avenue Area area is the $1.13 price per square foot One bed 1 1/2 bath Model at Horton Lofts in the in the Gilmer neighborhood starting from $1,875. 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 Hurt Park neighborhood. Here is today’s list of the best values for Colonial Avenue Area apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Horton LoftsOne bed 1 1/2 bath1BR,1.5BA$1.13
Bent Tree3 BEDROOM3BR,1BA$1.58
Pebble CreekCrane3BR,2BA$1.52
Cotton Mill LoftsA1-L21BR,1BA$1.60
Langdon Square2x22BR,2BA$1.55
Honeywood Apartments1 Bedroom1BR,1BA$1.43
Sunscape ApartmentsThe Spirit 1 BR 1 BA1BR,1BA$1.79
Gramercy Row Apartment Residences1 Bedroom 1 Bath 0011BR,1BA$1.80
The Everett1 Bed 1Bath - 1A1BR,1BA$1.60
Stone Ridge Apartments1 bedroom1BR,1BA$1.49

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Pet Friendly Lifestyle
Colonial Avenue Area, Roanoke, VA

Ranked #10

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Colonial Avenue Area Neighborhood in Roanoke, VA

Walk Score®

62 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

30 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Colonial Avenue Area Apartments

What is the price of a cheap apartment in Colonial Avenue Area?

The cheapest apartment in Colonial Avenue Area is Stone Ridge Apartments which is listed at $925, while the average apartment in Colonial Avenue Area costs $1,787.

What types of apartments are the cheapest in Colonial Avenue Area?

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 7 regular apartments in Colonial Avenue Area 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 Avenue Area?

Cheap apartments in Colonial Avenue Area have an average cost of $177 which is $1,610 cheaper than the average rent for all rentals in Colonial Avenue Area.

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.