Cheap Apartments for Rent in Wakefield, VA from $500 (58 Rentals)

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

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Birch Island I & II
1 to 3 Bedroom Apartments

Birch Island I & II

10322 Penny LnWakefield, VA 23888
  • Utilities Included
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The Flats of Williamsburg
$900 - $1,530
Total Monthly Price

Total Monthly Price

Base Rent
$835 - $1,465
Required Monthly Fees
$65

Total Monthly Price
$900 - $1,530
Studio to 2 Bedroom Apartments Available Now

The Flats of Williamsburg

614 York StWilliamsburg, VA 23185
Student Housing
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  • Customer Reviewed
  • Utilities Included
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Forest Pine Apartments
$1,000 - $1,365
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000 - $1,365

Total Monthly Price
$1,000 - $1,365
1 to 3 Bedroom Apartments Available Now

Forest Pine Apartments

201 Forest Pine RdFranklin, VA 23851
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  • 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.

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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
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  • Utilities Included
  • 3D Tour
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Addison Crater Woods
$1,273 - $1,818
Total Monthly Price

Total Monthly Price

Base Rent
$1,265 - $1,810
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
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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 Jul 10

Quarterpath Place

411 York StWilliamsburg, VA 23185
Student Housing
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  • Utilities Included
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Longhill Grove
$1,392
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$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.
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  • Low Income

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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Branchester Lakes
$1,412 - $1,706
Total Monthly Price

Total Monthly Price

Base Rent
$1,247 - $1,541
Required Monthly Fees
$165

Total Monthly Price
$1,412 - $1,706
1 to 3 Bedroom Apartments Available Now

Branchester Lakes

6797 Lake RdPrince George, VA 23875
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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
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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 Contact Us For Availability

Manor on the Green

5220 Center StWilliamsburg, VA 23188
Eco-Friendly
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  • Customer Reviewed
  • Utilities Included
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Steeplechase Apartments
$1,545 - $2,260
Total Monthly Price

Total Monthly Price

Base Rent
$1,479 - $2,194
Required Monthly Fees
$66

Total Monthly Price
$1,545 - $2,260
1 to 3 Bedroom Apartments Available Aug 29

Steeplechase Apartments

3700 Steeplechase DrWilliamsburg, VA 23188
Outdoors
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Country Club Apartments
$1,555 - $1,950
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $1,945
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Country Club Apartments

201 Tam-O-Shanter BlvdWilliamsburg, VA 23185
Student Housing
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  • Customer Reviewed
  • Utilities Included
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The Gallery at Godwin
$1,647 - $2,847
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,535 - $2,735
Required Monthly Fees
$112

Total Monthly Price
$1,647 - $2,847
Studio to 3 Bedroom Apartments Available Now

The Gallery at Godwin

3061 Godwin BlvdSuffolk, VA 23434
Corporate Housing
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  • Customer Reviewed
  • Utilities Included
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The Commons at Centerbrooke
$1,660 - $1,688
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,635 - $1,663
Required Monthly Fees
$25

Total Monthly Price
$1,660 - $1,688
1 to 2 Bedroom Apartments Available Now

The Commons at Centerbrooke

1056 Centerbrooke LnSuffolk, VA 23434
Senior Living
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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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Attain at Quarterpath
Rent Specials
$1,732 - $2,505
Total Monthly Price

Total Monthly Price

Base Rent
$1,732 - $2,505

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Attain at Quarterpath

4050 Battery BlvdWilliamsburg, VA 23185
Family Friendly
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The Pointe At New Town
$1,777 - $2,755
Total Monthly Price

Total Monthly Price

Base Rent
$1,737 - $2,715
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Pointe At New Town

4375 New Town AveWilliamsburg, VA 23188
Outdoors
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Founders Village
Rent Specials
$1,832 - $5,156
Total Monthly Price

Total Monthly Price

Base Rent
$1,757 - $5,081
Required Monthly Fees
$75

Total Monthly Price
$1,832 - $5,156
1 to 2 Bedroom Apartments Available Now

Founders Village

2800 Ben Franklin CirWilliamsburg, VA 23188
Pet Friendly
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Pretlow Homes
1 to 2 Bedroom Apartments

Pretlow Homes

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

Chuckatuck Square

5757 Godwin BlvdSuffolk, VA 23432
  • 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.

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Pinetree
1 to 3 Bedroom Apartments

Pinetree

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

$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 Aug 15

1203 Jamestown Rd

WilliamsburgVA23185
property at 153 Albemarle Dr

$1,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Aug 17

153 Albemarle Dr

WilliamsburgVA23185
property at 3890 Staffordshire Ln

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

3890 Staffordshire Ln

WilliamsburgVA23188
property at 3837 Staffordshire Ln

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1.5 Bath Home for Rent

Available Jul 20

3837 Staffordshire Ln

WilliamsburgVA23188
property at 4049 Midlands Rd

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

4049 Midlands Rd

WilliamsburgVA23188
property at MIDLANDS Rd

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

MIDLANDS Rd

WilliamsburgVA23185
property at 11826 Colonial Trail W

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 2 Bath Home for Rent

Available Now

11826 Colonial Trail W

Spring GroveVA23881
property at 158 Albemarle Dr

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

158 Albemarle Dr

WilliamsburgVA23185

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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 in the Petersburg neighborhood priced from $731. The Flats of Williamsburg in the Stonegate neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. 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
The Flats of WilliamsburgStudio IStudio,1BA$900
Mill Creek, Mill Pond & Park Ave ApartmentsMill Creek 1 Bed1BR,1BA$950
Forest Pine Apartments2b2BR,1BA$1,075
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
PinetreeB22BR,2BA$1,185
Current Midtown4BR/4BA - D124BR,4BA$1,190

Best Value Apartments for Rent in Wakefield, VA and Nearby

As of July 02, 2026 the best value apartment in the Wakefield area is the $1.09 price per square foot Three Bedroom Model at Longhill Grove in the in the Regency at Longhill neighborhood starting from $1,392. The second greatest value Wakefield apartment is the 3 Beds, 2 baths Model at Cavalier Apartments II starting at $1,285 with a $1.17 price per square foot in the Petersburg 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.
Longhill GroveThree Bedroom3BR,2BA$1.09
Cavalier Apartments II3 Beds, 2 baths3BR,2BA$1.17
PinetreeB22BR,2BA$1.10
Bradford Mews Apartments - Tax CreditTwo Bedroom2BR,2BA$1.36
Mill Creek, Mill Pond & Park Ave ApartmentsPark Ave 2 Bed2BR,1BA$1.28
Cavalier Senior Apartments2 Beds, 2 baths2BR,2BA$1.19
Liberty Pointe2 Bdrm2BR,1BA$1.23
Jesse Lee Apartments2BR2BR,2BA$1.31
Forest Pine Apartments2b2BR,1BA$1.29
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.

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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 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 $900.

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 $1,075 at Forest Pine Apartments.

What is the most affordable Wakefield Three Bedroom Apartment?

The best deal on a cheap Wakefield Three Bedroom Apartment rental is at Jesse Lee Apartments and starts from $1,222.

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.