Cheap Apartments for Rent in Wakefield, VA from $500 (41 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
$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

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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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
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Addison Crater Woods
Rent Specials
$1,129 - $2,044
Total Monthly Price

Total Monthly Price

Base Rent
$1,121 - $2,036
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
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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
Affordability
  • Verified
  • Customer Reviewed
  • Low Income
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Country Club Apartments
Rent Specials
$1,295 - $1,965
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $1,965

Total Monthly Price
$1,295 - $1,965
1 to 3 Bedroom Apartments Available Now

Country Club Apartments

201 Tam-O-Shanter BlvdWilliamsburg, VA 23185
Student 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.

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Quarterpath Place
Rent Specials
$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
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Branchester Lakes
$1,460
Total Monthly Price

Total Monthly Price

Base Rent
$1,395
Required Monthly Fees
$65

Total Monthly Price
$1,460
1 to 3 Bedroom Apartments Available Apr 17

Branchester Lakes

6797 Lake RdPrince George, VA 23875
  • Verified
  • Customer Reviewed
  • 3D Tour
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Port 58 Apartments @ Hillpoint
Rent Specials
$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

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.

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The Pointe At New Town
$1,533 - $2,568
Total Monthly Price

Total Monthly Price

Base Rent
$1,493 - $2,528
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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  • Customer Reviewed
  • 3D Tour
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Manor on the Green
Rent Specials
$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 Now

Manor on the Green

5220 Center StWilliamsburg, VA 23188
Eco-Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
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Pretlow Homes
1 to 2 Bedroom Apartments

Pretlow Homes

925 Pretlow StFranklin, VA 23851
property at 212 Belvidere St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Now

212 Belvidere St

WaverlyVA23890

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Chuckatuck Square
1 to 2 Bedroom Apartments

Chuckatuck Square

5757 Godwin BlvdSuffolk, VA 23432
  • Utilities Included
property at 1203 Jamestown Rd

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Condo for Rent

Available Now

1203 Jamestown Rd

WilliamsburgVA23185
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 509 Ryland St

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1 Bath Condo for Rent

Available Now

509 Ryland St

FranklinVA23851
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Pinetree
1 to 3 Bedroom Apartments

Pinetree

3100 Pinetree DrPetersburg, VA 23803
  • Utilities Included
property at 13184 Longevity Rd

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

3 Bedroom, 1 Bath Home for Rent

Available Now

13184 Longevity Rd

Stony CreekVA23882
property at 4005 Midlands Rd

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

4005 Midlands Rd

WilliamsburgVA23188

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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

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
Forest Pine Apartments2b2BR,1BA$1,075
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 - D114BR,4BA$1,240
Longhill GroveTwo Bedroom2BR,2BA$1,261
Meadowridge ApartmentsGarden- 1 Bedroom, 1 Bath- Upstairs1BR,1BA$1,285

Best Value Apartments for Rent in Wakefield, VA and Nearby

As of April 02, 2026 the best value apartment in the Wakefield area is the $1.66 price per square foot Weldon Model at Hillpoint Preserve Townhome Apartments in the starting from $2,663. The second greatest value Wakefield apartment is the Fully Renovated Three Bedroom Townhome Model at District at Williamsburg starting at $2,000 with a $1.59 price per square foot in the Stonegate 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.
Hillpoint Preserve Townhome ApartmentsWeldon3BR,2.5BA$1.66
District at WilliamsburgFully Renovated Three Bedroom Townhome3BR,1.5BA$1.59
Cavalier Apartments II3 Beds, 2 baths3BR,2BA$1.17
Longhill GroveTwo Bedroom2BR,2BA$1.26
PinetreeB12BR,2BA$1.44
Mill Creek, Mill Pond & Park Ave ApartmentsPark Ave 2 Bed2BR,1BA$1.28
Cavalier Senior Apartments2 Beds, 2 baths2BR,2BA$1.19
Jesse Lee Apartments2BR2BR,2BA$1.31
Forest Pine Apartments2b2BR,1BA$1.29
Olde Jamestowne ApartmentsOne Bedroom1BR,1BA$1.53

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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.

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

Explore Wakefield, VA Rentals by Map

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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 $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 $1,075 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 Cavalier Apartments II and starts from $1,285.

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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.