Colonial Heights City renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Colonial Heights City is about $1,351 per month. This puts it in the 80th percentile compared to the state average cost of rent, which is $1,444. Households in Colonial Heights City have a median income of $6,257 per month so the average renter in Colonial Heights City is spending roughly 22% of their earnings on housing.
Nationally, and in Colonial Heights City, home values are the data point most closely correlated with the cost of rent. The median price of a home in Colonial Heights City is $200,520 right now, which is lower than nearby counties, meaning that rents in Colonial Heights City also tend to be lower versus these nearby counties.
Higher rent prices are common in the northeastern parts of Colonial Heights City while lower rent rates are often available in northern areas.
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