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Colonial Avenue (1506) offers strong overall value, with a 7.7/10 expert rating supported by excellent scores for price, amenities, and especially location (9/10) near key destinations and a highly rated high school just 0.18 miles away. Renters benefit from transparent, detailed listing information (7/10 trustworthiness), 14 photos to preview the home, and a vibrant social environment highlighted by hundreds of nearby mixed-use spaces, restaurants, and cultural venues in an area with diverse age groups.
Things you’ll love
Great for
| 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: 1512 Kindly Ln, 640 Belaire Ave, 741 Gourmet Way, 3201 Washington Ave
How Colonial Avenue (1506) compares to other nearby properties.
Positives
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 |
|---|---|
| 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 | $1,476 |
| April 2026 | $1,453 |
Can I afford to live at 1506 Colonial Ave?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$62,000/yr
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