The Bosco
219 E Bank St,
Petersburg, VA 23803
1 Bed | $1,015 - $1,249
Rental Market Trends in Colonial Heights, VA
Updated July 2026
The average rent in Colonial Heights, VA is $1,147/month.
Rent in Colonial Heights is 31% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$1,147/month
Average Rent
619 Sq Ft
Average Size
+1.8%
Change / Year
338
Available Apartments
Colonial Heights rent varies by unit size and layout:
- Studio apartments in Colonial Heights average per month.
- One-bedroom apartments in Colonial Heights average $1,147 per month.
- Two-bedroom apartments in Colonial Heights average $1,254 per month.
- Three-bedroom apartments in Colonial Heights average $1,773 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Colonial Heights, VA?
In the past year, rent has increased by 1.8%, which averages out to $21 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Colonial Heights, VA
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
25%
$700 - $1,000/month
62%
$1,001 - $1,500/month
12%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Colonial Heights?
Based on current rent prices, Petersburg-Colonial Heights is the most affordable neighborhood in Colonial Heights.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Colonial Heights?
Based on current rent prices, Petersburg-Colonial Heights is the most expensive neighborhood in Colonial Heights.
Neighborhood
Average Rent
Average Sq Ft
Which Colonial Heights neighborhoods have the most rentals available?
The neighborhood in Colonial Heights with the most apartments available is Petersburg-Colonial Heights .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Colonial Heights, VA?
Because the average rent in Colonial Heights is $1,147, you’ll want to make about $3,823 per month or $45,876 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Colonial Heights, VA compare to other nearby cities and neighborhoods?
Use the tool below to compare Colonial Heights, VA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Colonial Heights Area GuideStudio
-
-
One Bedroom
$1,147/month
$1,147/month
Two Bedroom
$1,295/month
$1,295/month
Three Bedroom
$1,773/month
$1,773/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Colonial Heights?
The average rent in Colonial Heights is $1,147 per month, which is 31.0% lower than the national average of $1,663.
What is the average rent for a house in Colonial Heights?
The average rent for a house in Colonial Heights, VA is $2,073 per month.
What is the average rent for a condo in Colonial Heights?
The average rent for a condo in Colonial Heights, VA is $999 per month.
Are rents going up or down in Colonial Heights?
Rents in Colonial Heights, VA are increasing, with prices up 1.8% year-over-year and $21 more per month.
What rent range is most common in Colonial Heights?
In Colonial Heights, VA, 62% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.