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Colonial Avenue (1506) is a highly rated rental option with a strong overall score of 7.7, reflecting its excellent balance of price and value at 8 out of 10. The property impresses with a location rating of 9, offering convenient access to diverse amenities, including 199 restaurants and various cultural venues. Additionally, it presents transparency in its descriptions, earning a trustworthiness rating of 7, and features extensive visual content to enhance the leasing experience for prospective renters.
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| Colonial Avenue (1506) - 10 | 2 bed | 1 bath | 850 sqft | $1,550 /mo |
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Colonial Avenue (1506) cost $1,550 per month. Located at 1506 Colonial Ave, Norfolk, VA 23517, USA, Colonial Avenue (1506) has 2 bedroom units available. Based on the average rent price of 2 bedrooms in Norfolk, renting an apartment at Colonial Avenue (1506) is 3% more expensive per month.Other apartment buildings in or around Norfolk include but are not limited to: 4521 Pretty Lake Ave, 651 May Avenue, 640 Belaire Ave, 1105 Merchants Court
How Colonial Avenue (1506) compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at Colonial Avenue (1506) cost about 3% more than the average rent price for 2-bedroom apartments in Norfolk.
| Month | Median Rent |
|---|---|
| March 2024 | $1,432 |
| April 2024 | $1,487 |
| May 2024 | $1,471 |
| June 2024 | $1,376 |
| July 2024 | $1,261 |
| August 2024 | $1,221 |
| September 2024 | $1,295 |
| October 2024 | $1,358 |
| November 2024 | $1,330 |
| December 2024 | $1,348 |
| January 2025 | $1,284 |
| February 2025 | $1,070 |
| March 2025 | $1,062 |
| April 2025 | $1,120 |
| May 2025 | $1,333 |
| June 2025 | $1,378 |
| July 2025 | $1,384 |
| August 2025 | $1,379 |
| September 2025 | $1,362 |
| October 2025 | $1,372 |
| November 2025 | $1,400 |
| December 2025 | $1,415 |
| January 2026 | $1,476 |
| February 2026 | $1,461 |
| March 2026 | $1,467 |
Can I afford to live at 1506 Colonial Ave?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$62,000/yr
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