Cheap Homes for Rent in Colonial Avenue Area Roanoke, VA from $400 (7 Rentals)

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

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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 The Everett priced from $890. Stone Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Colonial Avenue Area apartments for rent in Roanoke, VA:

Apartment ListingModel NameBed/BathPriced From
The Everett1 Bed 1Bath - 1C1BR,1BA$890
Stone Ridge Apartments1 bedroom1BR,1BA$925
Honeywood Apartments1 Bedroom1BR,1BA$1,069

Best Value Apartments for Rent in Colonial Avenue Area, VA

As of April 29, 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
Langdon Square2x22BR,2BA$1.55
Honeywood Apartments1 Bedroom1BR,1BA$1.43
Sunscape ApartmentsThe Spirit 1 BR 1 BA1BR,1BA$1.80
The Everett1 Bed 1Bath - 1A1BR,1BA$1.60
Stone Ridge Apartments1 bedroom1BR,1BA$1.49
Gramercy Row Apartment Residences1 Bedroom 1 Bath 1111BR,1BA$2.02
The Heights at Gateway Park1BR 1BA Long Furnished(1BLFU)1BR,1BA$2.29

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Frequently Asked Questions about Colonial Avenue Area

What type of rentals are currently available in Colonial Avenue Area?

There are currently 181 Apartments for Rent in Colonial Avenue Area, VA with pricing that ranges from $890 to $3,992. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Avenue Area ranging from $495 to $3,030.

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 $495 to $3,030 with an average monthly rent of $1,619.

How much are larger Three and Four Bedroom Rentals in Colonial Avenue Area?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Colonial Avenue Area range from $1,160 to $3,992, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $3,030. Four Bedroom Single-Family rentals are also available starting from $1,999 and Four Bedroom Apartments start at $1,725.

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.