Cheap Apartments for Rent in Grafton, VA from $800 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in Grafton.

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
  • Utilities Included
Showing Results 1-16, Page 1 of 1

Grafton, VA Local Guide

Cheapest Neighborhoods for Apartments in Grafton, VA

Pricing Updated: 11/06/2025

Current apartment rentals in the Grafton, VA area range in price from $801 to $7,294 with an overall median price of $4,688. The three Grafton neighborhoods with the lowest median rent pricing are Windsor Great Park at $844, Denbrook at $801, 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$1,637$844111
Denbrook$2,584$801203
Richneck$4,632$844105
Colony Pines$7,294$801143
Warwick Lawns$7,294$801204

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 $995. 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$995
The Reserve at Deer Run2 Bedroom/1 Bath2BR,1BA$1,015
Springhouse ApartmentsThe Garland1BR,1BA$1,073
Monarch Crossing Apartment HomesOne Bedroom - 750 sqft1BR,1BA$1,080

Best Value Apartments for Rent in Grafton, VA and Nearby

As of November 06, 2025 the best value apartment in the Grafton area is the $1.58 price per square foot The Legacy Model at The Villas at Coventry in the in the Robinson Terrace neighborhood starting from $2,375. The second greatest value Grafton apartment is the 3 Bed Premium Model at Grand Lake starting at $1,999 with a $1.33 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.
The Villas at CoventryThe Legacy3BR,2BA$1.58
Grand Lake3 Bed Premium3BR,1.5BA$1.33
Sonoma Woods Apartments – New Ownership & ...Magnolia3BR,2BA$1.44
The Residences at Forest Grove3 Bedroom 2 Bath - Renovated3BR,2BA$1.45
Legacy at Tech CenterAdler2BR,2BA$1.57
River Breeze ApartmentsRenovated Three Bedroom3BR,2BA$1.48
Colony ApartmentsTwo Bedroom2BR,1.5BA$1.25
The Reserve at Deer Run2 Bedroom /1 Bath Washer/Dryer Hookup2BR,1BA$1.24
Auburn Pointe1 Bedroom1BR,1BA$1.08
King's Ridge ApartmentsThe Throne1BR,1BA$1.50

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 #446

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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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 $1,293.

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 $4,688.

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 215 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 $291 which is $4,397 cheaper than the average rent for all rentals in Grafton.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.