Cheap Apartments for Rent in Grafton, VA from $900 (15 Rentals)

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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.

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Kates Trace
2 to 3 Bedroom Apartments

Kates Trace

600 Kates Trace CirNewport News, VA 23608

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Grafton, VA Local Guide

Cheapest Neighborhoods for Apartments in Grafton, VA

Pricing Updated: 12/26/2025

Current apartment rentals in the Grafton, VA area range in price from $844 to $5,951 with an overall median price of $2,681. The three Grafton neighborhoods with the lowest median rent pricing are Windsor Great Park at $844, Warwick Lawns at $844, and Richneck at $844. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Grafton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Windsor Great Park$1,562$844106
Warwick Lawns$1,625$844205
Richneck$2,035$844106
Denbrook$2,234$844205
Colony Pines$5,951$844151

Cheapest Available Grafton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Grafton, VA is a 1 Bed unit found at Auburn Pointe in the Windsor Great Park neighborhood priced from $920. Colony Square Apartments in the Wendwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,035. Here is today’s list of the most affordable Grafton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Auburn Pointe1 Bedroom1BR,1BA$920
Colony Square ApartmentsClassic Newport1BR,1BA$1,035
Monarch Crossing1b1b Classic1BR,1BA$1,100
The Residences at Forest Grove1 Bedroom 1 Bath - Renovated1BR,1BA$1,100
Woodscape1x11BR,1BA$1,105

Best Value Apartments for Rent in Grafton, VA and Nearby

As of December 26, 2025 the best value apartment in the Grafton area is the $1.50 price per square foot 4 Bed Premium Model at Grand Lake in the in the Robinson Terrace neighborhood starting from $2,549. The second greatest value Grafton apartment is the The Legacy Model at The Villas at Coventry starting at $2,375 with a $1.58 price per square foot in the Robinson Terrace neighborhood. Here is today’s list of the best values for Grafton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grand Lake4 Bed Premium4BR,2.5BA$1.50
The Villas at CoventryThe Legacy3BR,2BA$1.58
Legacy at Tech CenterAdler2BR,2BA$1.47
River Breeze ApartmentsRenovated Three Bedroom3BR,2BA$1.48
Colony ApartmentsTwo Bedroom2BR,1.5BA$1.25
Arboretum Place ApartmentsWILLOW B602BR,1BA$1.59
Auburn Pointe1 Bedroom1BR,1BA$1.08
Sonoma Woods Apartments – New Ownership & ManagementBradford1BR,1BA$1.53
The Residences at Forest Grove1 Bedroom 1 Bath - Renovated1BR,1BA$1.38
Woodscape1x1 Renovated1BR,1BA$1.62

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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
Grafton, VA

Ranked #520

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Grafton, VA Rentals by Map

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See the most popular apartments and homes in Grafton, VA

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Frequently Asked Questions about Cheap Grafton Apartments

What is a cheap apartment in Grafton?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Grafton is under $1,299.

What is the price of a cheap apartment in Grafton?

The cheapest apartment in Grafton is Auburn Pointe which is listed at $920, while the average apartment in Grafton costs $2,681.

What types of apartments are the cheapest in Grafton?

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 192 regular apartments in Grafton 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 Grafton?

Cheap apartments in Grafton have an average cost of $322 which is $2,359 cheaper than the average rent for all rentals in Grafton.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!