
Cheap Homes for Rent in Grafton, VA from $1,400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Grafton.


1113 Old Denbigh Blvd

1102 Palmerton Dr

103 Sawgrass Turn

369 Circuit Ln
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.

29 Oneonta Dr

397 Circuit Ln

398 Circuit Ln

308 Jacks Pl

157 Delmar Ln
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Grafton, VA Local Guide

How much does it cost to rent a home in Grafton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grafton 2 Bedroom Homes for Rent | $2,000 | $1,500 | $2,500 |
| Grafton 3 Bedroom Homes for Rent | $1,949 | $1,425 | $2,650 |
| Grafton 4 Bedroom Homes for Rent | $2,753 | $1,800 | $3,495 |
| Grafton 5 Bedroom Homes for Rent | $3,125 | $2,900 | $3,350 |
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Grafton, VA Local Guide
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Cheapest Neighborhoods for Apartments in Grafton, VA
Pricing Updated: 12/26/2025Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Windsor Great Park | $1,562 | $844 | 106 |
| Warwick Lawns | $1,625 | $844 | 205 |
| Richneck | $2,035 | $844 | 106 |
| Denbrook | $2,234 | $844 | 205 |
| Colony Pines | $5,951 | $844 | 151 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Auburn Pointe | 1 Bedroom | 1BR,1BA | $920 |
| Colony Square Apartments | Classic Newport | 1BR,1BA | $1,035 |
| Monarch Crossing | 1b1b Classic | 1BR,1BA | $1,100 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grand Lake | 4 Bed Premium | 4BR,2.5BA | $1.50 |
| The Villas at Coventry | The Legacy | 3BR,2BA | $1.58 |
| Legacy at Tech Center | Adler | 2BR,2BA | $1.47 |
| River Breeze Apartments | Renovated Three Bedroom | 3BR,2BA | $1.48 |
| Colony Apartments | Two Bedroom | 2BR,1.5BA | $1.25 |
| Arboretum Place Apartments | WILLOW B60 | 2BR,1BA | $1.59 |
| Auburn Pointe | 1 Bedroom | 1BR,1BA | $1.08 |
| Sonoma Woods Apartments – New Ownership & Management | Bradford | 1BR,1BA | $1.53 |
| The Residences at Forest Grove | 1 Bedroom 1 Bath - Renovated | 1BR,1BA | $1.38 |
| Woodscape | 1x1 Renovated | 1BR,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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleGrafton, VA
Ranked #520
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Grafton
What type of rentals are currently available in Grafton?
There are currently 33 Apartments for Rent in Grafton, VA with pricing that ranges from $920 to $3,299. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grafton ranging from $1,400 to $3,495.
What is the current price range for Rental Homes in Grafton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Grafton ranges from $1,400 to $3,495 with an average monthly rent of $2,245.
How much are larger Three and Four Bedroom Rentals in Grafton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Grafton range from $1,425 to $3,299, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,425 to $2,650. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $2,024.
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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!