Cheap Homes for Rent in Grafton, VA from $1,000 (11 Rentals)

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

property at 1515 Monterrey Pl

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

3 Bedroom, 2 Bath Condo for Rent

Available Jul 18

1515 Monterrey Pl

Newport NewsVA23608
property at 222 Woodhaven Rd

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Jul 1

222 Woodhaven Rd

Newport NewsVA23608
property at 12750 St George St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom Rentals

Available Now

12750 St George St

Newport NewsVA23602
property at 161 Jenness Ln

$1,537

Total Monthly Price

Total Monthly Price

Base Rent
$1,475
Required Monthly Fees
$62

Total Monthly Price
$1,537

3 Bedroom, 1.5 Bath Rentals

Available Now

161 Jenness Ln

Newport NewsVA23602
property at 161 Jenness Ln

$1,537

Total Monthly Price

Total Monthly Price

Base Rent
$1,475
Required Monthly Fees
$62

Total Monthly Price
$1,537

3 Bedroom, 1.5 Bath Rentals

Available Now

161 Jenness Ln

Newport NewsVA23602
property at 1116 N Green Dr

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 2.5 Bath Home for Rent

Available Now

1116 N Green Dr

Newport NewsVA23602

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.

property at 382 Deputy Ln

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 1.5 Bath Townhome for Rent

Available Sep 7

382 Deputy Ln

Newport NewsVA23608
property at 1125 Old Denbigh Blvd

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 2 Bath Home for Rent

Available Jul 14

1125 Old Denbigh Blvd

Newport NewsVA23602
property at 110 Foundry Ct

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 2.5 Bath Home for Rent

Available Jul 10

110 Foundry Ct

YorktownVA23693
property at 110 Kingsbridge Ln

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

3 Bedroom, 2 Bath Townhome for Rent

Available Now

110 Kingsbridge Ln

YorktownVA23692
property at 717 Ninebark Ct

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

4 Bedroom, 2 Bath Home for Rent

Available Aug 7

717 Ninebark Ct

Newport NewsVA23608
property at 461 Revolution Lane

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

3 Bedroom, 2 Bath Townhome for Rent

Available Now

461 Revolution Lane

Newport NewsVA23608

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.

Grafton, VA Local Guide

Cheapest Neighborhoods for Apartments in Grafton, VA

Pricing Updated: 06/11/2026

Current apartment rentals in the Grafton, VA area range in price from $1,000 to $3,150 with an overall median price of $2,760. The three Grafton neighborhoods with the lowest median rent pricing are Warwick Lawns at $1,537, Colony Pines at $1,000, and Denbrook at $1,000. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Grafton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Warwick Lawns$2,200$1,5372
Colony Pines$2,900$1,0006
Denbrook$2,900$1,0008
Richneck$2,900$1,9501
Windsor Great Park$2,900$1,0003

Cheapest Available Grafton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Grafton, VA is a 2 Beds unit found at Kates Trace in the Windsor Great Park neighborhood priced from $1,000. Flats at Newport Crossing in the Wendwood neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,017. Here is today’s list of the most affordable Grafton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kates TraceTwo Bedroom2BR,2BA$1,000
Flats at Newport Crossing60B12BR,2BA$1,017
The Reserve at Deer Run1 Bedroom/ 1 Bath1BR,1BA$1,115
Springhouse ApartmentsThe Garland1BR,1BA$1,137
Young's Mill Apartments1 Bed 1 Bath Townhome1BR,1BA$1,149

Best Value Apartments for Rent in Grafton, VA and Nearby

As of June 11, 2026 the best value apartment in the Grafton area is the $1.40 price per square foot 4 Bed Premium Model at Grand Lake in the in the Robinson Terrace neighborhood starting from $2,384. The second greatest value Grafton apartment is the 2 Bedroom Model at Auburn Pointe starting at $1,325 with a $1.10 price per square foot in the Windsor Great Park 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$1.40
Auburn Pointe2 Bedroom2BR,1.5BA$1.10
The Townes at Jones Run2-22BR,2BA$1.40
Featherstone Apartments2RE2BR,2BA$1.57
Kates TraceTwo Bedroom2BR,2BA$0.98
Colony ApartmentsTwo Bedroom2BR,1.5BA$1.25
One CentralSandalwood2BR,2BA$1.58
Arboretum Place ApartmentsCEDAR2BR,2BA$1.50
Monarch Crossing2b1b Platinum Unit2BR,1BA$1.42
King's Ridge ApartmentsThe Monarch2BR,2BA$1.40

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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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 37 Apartments for Rent in Grafton, VA with pricing that ranges from $930 to $3,349. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grafton ranging from $1,000 to $3,600.

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 $1,000 to $3,600 with an average monthly rent of $2,321.

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 $1,430 to $3,349, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $2,109.

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

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.