
Cheap Homes for Rent in Wallops Island, VA from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Wallops Island.


33162 Chincoteague Rd

5736 Rip Wil Dr

1028 Adams Ave
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.

423-T-1113 T-1113

1020 Adams Ave

4871 Tulls Corner Rd

1018 Adams Ave
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.
Wallops Island, VA Local Guide

How much does it cost to rent a home in Wallops Island?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Wallops Island 2 Bedroom Homes for Rent | $1,612 | $1,300 | $2,300 |
Wallops Island 3 Bedroom Homes for Rent | $1,879 | $1,160 | $2,700 |
Wallops Island 4 Bedroom Homes for Rent | $2,383 | $1,650 | $2,800 |
Browse Top Homes for Rent in Wallops Island
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Wallops Island, VA Local Guide
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Cheapest Available Wallops Island Apartments for Rent and Nearby
 The cheapest available apartment rental in Wallops Island, VA is a Studio unit found at Kiptopeke Studio Apartments priced from $799. Stone Grove Crossing in the Downtown Salisbury neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $878. Here is today’s list of the most affordable Wallops Island apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Kiptopeke Studio Apartments | Kiptopeke Studios in Cape Charles, VA- End of S... | Studio,1BA | $799 |
Stone Grove Crossing | 1 Bedroom | 1BR,1BA | $878 |
Chestnut Manor Apartments | 1 Bed, 1 bath | 1BR,1BA | $915 |
Best Value Apartments for Rent in Wallops Island, VA and Nearby
As of September 20, 2025 the best value apartment in the Wallops Island area is the $0.78 price per square foot 3 Bd Townhome Model at Fairway Village Rental Townhomes in the in the Coastal Club neighborhood starting from $2,025. The second greatest value Wallops Island apartment is the Three Bedroom Townhomes Model at Burton’s Crossing Townhomes starting at $1,795 with a $1.12 price per square foot in the Retreat at Millstone neighborhood. Here is today’s list of the best values for Wallops Island apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Fairway Village Rental Townhomes | 3 Bd Townhome | 3BR,2.5BA | $0.78 |
Burton’s Crossing Townhomes | Three Bedroom Townhomes | 3BR,2.5BA | $1.12 |
Ocean Aisle | 3 bed | New Phase | 3BR,2BA | $1.25 |
Enclave at Millwood | Three Bedroom | 3BR,2.5BA | $1.33 |
Hawks Plaza | 2 Bed 2 Bath | 2BR,2BA | $0.96 |
Ponds Edge | The Pelican Pond View | 2BR,2BA | $1.35 |
NorthPark Gardens | L-1 | 1BR,1BA | $1.21 |
Homes on Johnsons Pond | 2 Bedroom- 50% | 2BR,1BA | $1.04 |
Stone Grove Crossing | 1 Bedroom | 1BR,1BA | $1.14 |
Hollybrook Farms Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.29 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wallops Island, VA Rentals by Map
See the most popular apartments and homes in Wallops Island, VA
Frequently Asked Questions about Wallops Island
What type of rentals are currently available in Wallops Island?
There are currently 54 Apartments for Rent in Wallops Island, VA with pricing that ranges from $377 to $2,858. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wallops Island ranging from $750 to $2,800.
What is the current price range for Rental Homes in Wallops Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wallops Island ranges from $750 to $2,800 with an average monthly rent of $1,727.
How much are larger Three and Four Bedroom Rentals in Wallops Island?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Wallops Island range from $527 to $2,858, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,160 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $899.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.