Last updated on October 31, 2026

Average rent in
Colonial Place, Richmond, VA

Median rent

Median rent in Colonial Place

$2,100/mo

increased by24%

vs previous year

The average rent in Colonial Place is $2,100 per month as of October 2026. This is 11% above the national average rent, or $200 more per month.

$2.32

average price per square foot

Total rentals

Available rentals in Colonial Place

17

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Colonial Place rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Colonial Place, Richmond, VA

Average rent prices in Colonial Place have increased by 86% over the last month and have increased by 24% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Colonial Place, Richmond, VA

Rent prices in Colonial Place vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Colonial Place is $1,797, whereas a house costs $2,900. 1-bedroom apartments in Colonial Place run $1,622 on average, while 2-bedroom apartments are $1,866.

Listings

1 bedroom

$2,190

No Change

34%

2 bedroom

$1,858

8%

6%

3 bedroom

$2,850

No Change

25%

4 bedroom

$2,795

No Change

-

1 bedroom

Average rent

$2,190

Last year

34%

2 bedroom

Average rent

$1,858

Last 30 days

8%

Last year

6%

3 bedroom

Average rent

$2,850

Last year

25%

4 bedroom

Average rent

$2,795

The table above reflects average rent prices in Colonial Place, Richmond, VA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Colonial Place, Richmond, VA compare to other neighborhoods?

Compare median rent prices in Colonial Place and Bellevue by all bedroom counts and property types.

Colonial Place

Median rent price$2,100
increased by11%

higher than the national median

Median rent price$1,976
increased by4%

higher than the national median

Takeaway

The median rent for all rentals in Colonial Place, Richmond, VA is 6% higher than the median rent in Bellevue, Richmond, VA.

Discover rentals in Colonial Place, Richmond, VA

4610 Grove Ave - Photo 1 of 1

15h ago

Colonial Place house for rent in Richmond

3 beds

2 baths

$3,000

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Colonial Place, Richmond, VA

Quick answers to common questions about the Colonial Place rental market.

How much is rent in Colonial Place?

The average rent in Colonial Place is $2,100 per month as of October 24, 2026.

Is rent up or down in Colonial Place?

Average rent prices in Colonial Place have increased by 86% over the last month and have increased by 24% since last year.

How does Colonial Place rent compare to the national average?

Rent in Colonial Place is 11% above the national average, which means renters are paying approximately $200 more per month.

What salary do I need to afford rent in Colonial Place?

To comfortably afford rent in Colonial Place, you'd need to earn approximately $84,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Ashland