Cheap Apartments for Rent in Wakefield, VA from $500 (42 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Birch Island I & II
1 to 3 Bedroom Apartments

Birch Island I & II

10322 Penny LnWakefield, VA 23888
  • Utilities Included
close
View Me
The Flats of Williamsburg
$960 - $1,525
Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,465
Required Monthly Fees
$60

Total Monthly Price
$960 - $1,525
Studio to 2 Bedroom Apartments Available Now

The Flats of Williamsburg

614 York StWilliamsburg, VA 23185
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

close
View Me
Olde Jamestowne Apartments
$1,125 - $1,375
Total Monthly Price

Total Monthly Price

Base Rent
$1,050 - $1,300
Required Monthly Fees
$75

Total Monthly Price
$1,125 - $1,375
1 Bedroom Apartments Available Now

Olde Jamestowne Apartments

117 Olde Jamestown CtWilliamsburg, VA 23185
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
Longhill Grove
$1,261 - $1,392
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,256 - $1,387
Required Monthly Fees
Varies

Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Now

Longhill Grove

3800 Hill Grove LnWilliamsburg, VA 23188
Cost Per Sq.Ft.
  • Verified
  • Customer Reviewed
  • Low Income
close
View Me
Country Club Apartments
Rent Specials
$1,300 - $1,770
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $1,765
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available May 23

Country Club Apartments

201 Tam-O-Shanter BlvdWilliamsburg, VA 23185
Student Housing
  • Verified
  • Customer Reviewed
  • 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.

close
View Me
Quarterpath Place
$1,350 - $1,400
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250 - $1,300
Required Monthly Fees
$100

Total Monthly Price
$1,350 - $1,400
2 Bedroom Apartments Available Now

Quarterpath Place

411 York StWilliamsburg, VA 23185
Student Housing
  • Verified
  • Utilities Included
  • Low Income
close
View Me
Addison Crater Woods
Rent Specials
$1,352 - $1,977
Total Monthly Price

Total Monthly Price

Base Rent
$1,344 - $1,969
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Addison Crater Woods

200 Addison WayPetersburg, VA 23805
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Branchester Lakes
$1,386 - $1,675
Total Monthly Price

Total Monthly Price

Base Rent
$1,221 - $1,510
Required Monthly Fees
$165

Total Monthly Price
$1,386 - $1,675
1 to 3 Bedroom Apartments Available Now

Branchester Lakes

6797 Lake RdPrince George, VA 23875
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Port 58 Apartments @ Hillpoint
$1,461 - $2,556
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,445 - $2,540
Required Monthly Fees
$16

Total Monthly Price
$1,461 - $2,556
1 to 3 Bedroom Apartments Available Now

Port 58 Apartments @ Hillpoint

1000 Skipjack LnSuffolk, VA 23434
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Manor on the Green
$1,538 - $2,585
Total Monthly Price

Total Monthly Price

Base Rent
$1,538 - $2,585

Total Monthly Price
$1,538 - $2,585
1 to 2 Bedroom Apartments Available Jun 24

Manor on the Green

5220 Center StWilliamsburg, VA 23188
Eco-Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
The Gallery at Godwin
$1,647 - $3,022
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,535 - $2,910
Required Monthly Fees
$112

Total Monthly Price
$1,647 - $3,022
Studio to 3 Bedroom Apartments Available Now

The Gallery at Godwin

3061 Godwin BlvdSuffolk, VA 23434
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

close
View Me
Pretlow Homes
1 to 2 Bedroom Apartments

Pretlow Homes

925 Pretlow StFranklin, VA 23851
close
View Me
Chuckatuck Square
1 to 2 Bedroom Apartments

Chuckatuck Square

5757 Godwin BlvdSuffolk, VA 23432
  • Utilities Included
close
View Me
Pinetree
1 to 3 Bedroom Apartments

Pinetree

3100 Pinetree DrPetersburg, VA 23803
  • Utilities Included
property at 1203 Jamestown Rd

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

2 Bedroom Rentals

Available Now

1203 Jamestown Rd

WilliamsburgVA23185
property at 13184 Longevity Rd

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

3 Bedroom, 1 Bath Home for Rent

Available Now

13184 Longevity Rd

Stony CreekVA23882
property at 4216 New Town Ave

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

Studio, 1 Bath Townhome for Rent

Available Now

4216 New Town Ave

WilliamsburgVA23188
property at 151 Albemarle Dr

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Condo for Rent

Available Jul 10

151 Albemarle Dr

WilliamsburgVA23185

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.

property at 2300 South St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 1 Bath Home for Rent

Available Now

2300 South St

FranklinVA23851
property at 13420 Crest Cir

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

3 Bedroom, 1 Bath Home for Rent

Available Now

13420 Crest Cir

SmithfieldVA23430

Wakefield, VA Local Guide

Cheapest Available Wakefield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wakefield, VA is a 1 Bed unit found at Cavalier Apartments II priced from $731. Mill Creek, Mill Pond & Park Ave Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Wakefield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cavalier Apartments II1 Bed, 1 bath1BR,1BA$731
Mill Creek, Mill Pond & Park Ave ApartmentsMill Creek 1 Bed1BR,1BA$950
The Flats of WilliamsburgStudio IStudio,1BA$960
Liberty Pointe2 Bdrm2BR,1BA$1,087
Jesse Lee Apartments2BR2BR,2BA$1,090
Olde Jamestowne ApartmentsOne Bedroom1BR,1BA$1,125
Cavalier Senior Apartments2 Beds, 2 baths2BR,2BA$1,129
Current Midtown4BR/4BA - D124BR,4BA$1,225
Longhill GroveTwo Bedroom2BR,2BA$1,261
1200 Acqua Luxury Lifestyle ApartmentsAegean1BR,1BA$1,305

Best Value Apartments for Rent in Wakefield, VA and Nearby

As of May 17, 2026 the best value apartment in the Wakefield area is the $1.17 price per square foot 3 Beds, 2 baths Model at Cavalier Apartments II in the starting from $1,285. The second greatest value Wakefield apartment is the Two Bedroom Model at Longhill Grove starting at $1,261 with a $1.26 price per square foot in the Regency at Longhill neighborhood. Here is today’s list of the best values for Wakefield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cavalier Apartments II3 Beds, 2 baths3BR,2BA$1.17
Longhill GroveTwo Bedroom2BR,2BA$1.26
Cavalier Senior Apartments2 Beds, 2 baths2BR,2BA$1.19
Mill Creek, Mill Pond & Park Ave ApartmentsPark Ave 2 Bed2BR,1BA$1.28
Branchester LakesB12BR,2BA$1.65
Meadowridge ApartmentsGarden- 2 Bedroom, 2 Bath- Downstairs2BR,2BA$1.46
Current Midtown2BR/2BA - B22BR,2BA$1.31
Liberty Pointe2 Bdrm2BR,1BA$1.23
Jesse Lee Apartments2BR2BR,2BA$1.31
Olde Jamestowne ApartmentsOne Bedroom1BR,1BA$1.53

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 Article
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

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

Explore Wakefield, VA Rentals by Map

View Map
Wakefield, VA Apartments Map
View Map
Wakefield, VA Rental Homes Map

Frequently Asked Questions about Cheap Wakefield Apartments

What is the Cheapest Studio apartment in Wakefield?

Currently the most affordable Cheap Studio Apartment in Wakefield is at The Flats of Williamsburg listed at $960.

How much is rent for a Cheap One Bedroom Wakefield Apartment?

The lowest price for a Cheap One Bedroom Wakefield Apartment is $731 at Cavalier Apartments II.

What is the lowest price for a Cheap Two Bedroom Wakefield Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Wakefield is starting from $1,087 at Liberty Pointe.

What is the most affordable Wakefield Three Bedroom Apartment?

The best deal on a cheap Wakefield Three Bedroom Apartment rental is at Liberty Pointe and starts from $1,241.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.