Cheap Apartments for Rent in the Gracewood Neighborhood of Augusta, GA from $600 (10 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Gracewood area of Augusta.

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Village at Goshen
3 to 5 Bedroom Apartments

Village at Goshen

4302 E Barcelona WayAugusta, GA 30906
  • Utilities Included
  • Smoke Free

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Salem Arms
2 to 3 Bedroom Apartments

Salem Arms

2243 Rosier DrAugusta, GA 30906
  • Utilities Included
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Peach Orchard
1 to 3 Bedroom Apartments

Peach Orchard

3630 Peach Orchard RdAugusta, GA 30906
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Gracewood, Augusta, GA Local Guide

Cheapest Available Gracewood Apartments for Rent

 

The cheapest available apartment rental in the Gracewood area of Augusta, GA is a 1 Bed unit found at The Vinings of Augusta Senior Community priced from $887. Meadow Wood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $960. Here are the most affordable Gracewood apartments for rent in Augusta, GA:

Apartment ListingModel NameBed/BathPriced From
The Vinings of Augusta Senior Community1 Bedroom1BR,1BA$887
Meadow WoodMW2x12BR,1BA$960
Walker Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$999

Best Value Apartments for Rent in Gracewood, GA

As of July 06, 2026 the best value apartment in the Gracewood area is the $1.46 price per square foot The Manor (w Garage) Model at Highborne Apartments & Villas in the in the North Augusta neighborhood starting from $1,850. The second greatest value Gracewood apartment is the 2 BEDROOM Model at Peach Orchard starting at $1,100 with a $1.01 price per square foot in the North Augusta neighborhood. Here is today’s list of the best values for Gracewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Highborne Apartments & VillasThe Manor (w Garage)3BR,2BA$1.46
Peach Orchard2 BEDROOM2BR,2BA$1.01
Meadow WoodMW2x12BR,1BA$1.05
The Vinings of Augusta Senior Community1 Bedroom1BR,1BA$1.09
Walker Estates ApartmentsOne Bedroom One Bathroom1BR,1BA$1.51

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle

Ranked #

Among cities in Georgia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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Frequently Asked Questions about Cheap Gracewood Apartments

What types of apartments are the cheapest in Gracewood?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Gracewood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Gracewood?

Cheap apartments in Gracewood have an average cost of $273 which is $1,577 cheaper than the average rent for all rentals in Gracewood.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Sweet Tea and Low Rent: Exploring Augustas Budget-Friendly Neighborhoods for Renting article

Sweet Tea and Low Rent: Exploring Augustas Budget-Friendly Neighborhoods for Renting

Written by: Brandy V

I’m Brandy, your ApartmentHomeLiving.com Local Expert for Augusta, Georgia.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.