Cheap Homes for Rent in Wakefield, VA from $1,500 (17 Rentals)

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

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

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 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
property at 922 Pocahontas Ct

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

2 Bedroom, 2 Bath Home for Rent

Available Now

922 Pocahontas Ct

SmithfieldVA23430

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.

property at 2426 Liverman Dr

$1,795

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

3 Bedroom, 2 Bath Home for Rent

Available Now

2426 Liverman Dr

HopewellVA23860
property at 9431 Jenkins Ln

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 2 Bath Home for Rent

Available Now

9431 Jenkins Ln

SmithfieldVA23430
property at 11900 Wilcox Neck Rd

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1 Bath Home for Rent

Available Now

11900 Wilcox Neck Rd

Charles CityVA23030
property at 212 Middle St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 1 Bath Home for Rent

Available Now

212 Middle St

SmithfieldVA23430
property at 523 Petty St

$1,850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

3 Bedroom, 2 Bath Home for Rent

Available Now

523 Petty St

PetersburgVA23805

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.

property at 9800 Golf Course Dr

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

3 Bedroom, 2 Bath Home for Rent

Available Now

9800 Golf Course Dr

DisputantaVA23842
property at 318 Jasper Ln

$1,899

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,899

Total Monthly Price
$1,899

3 Bedroom, 2 Bath Home for Rent

Available Now

318 Jasper Ln

WaverlyVA23890

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

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.

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

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Frequently Asked Questions about Wakefield

What type of rentals are currently available in Wakefield?

There are currently 47 Apartments for Rent in Wakefield, VA with pricing that ranges from $731 to $5,156. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wakefield ranging from $1,500 to $3,400.

What is the current price range for Rental Homes in Wakefield?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Wakefield ranges from $1,500 to $3,400 with an average monthly rent of $2,487.

How much are larger Three and Four Bedroom Rentals in Wakefield?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Wakefield range from $1,065 to $3,846, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,550 and Four Bedroom Apartments start at $1,190.

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

Written by: Robin Stewart

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.

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.