Cheap Apartments for Rent in Grafton, VA from $800 (22 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Grafton, VA Local Guide

Cheapest Neighborhoods for Apartments in Grafton, VA

Pricing Updated: 04/12/2025

Current apartment rentals in the Grafton, VA area range in price from $773 to $6,129 with an overall median price of $1,828. The three Grafton neighborhoods with the lowest median rent pricing are Windsor Great Park at $867, Colony Pines at $867, and Richneck at $900. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Grafton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Windsor Great Park$1,530$867111
Colony Pines$1,550$867190
Richneck$1,713$90061
Warwick Lawns$1,800$867129
Denbrook$2,549$773228

Cheapest Available Grafton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Grafton, VA is a 1 Bed unit found at The Reserve at Deer Run in the Windsor Great Park neighborhood priced from $900. Colony Square Apartments in the Wendwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,010. Here is today’s list of the most affordable Grafton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Reserve at Deer Run1 Bedroom/ 1 Bath1BR,1BA$900
Colony Square ApartmentsClassic Newport1BR,1BA$1,010
Monarch Crossing Apartment HomesOne Bedroom - 750 sqft1BR,1BA$1,070
Young's Mill Apartments1 Bed 1 Bath Townhome1BR,1BA$1,070
SpringhouseThe Arbor1BR,1BA$1,072

Best Value Apartments for Rent in Grafton, VA and Nearby

As of April 12, 2025 the best value apartment in the Grafton area is the $1.33 price per square foot 3 Bed Premium Model at Grand Lake in the in the Wendwood neighborhood starting from $1,999. The second greatest value Grafton apartment is the Three Bedroom 2 Bath - 1,080 sqft Model at Monarch Crossing Apartment Homes starting at $1,530 with a $1.42 price per square foot in the Wendwood neighborhood. Here is today’s list of the best values for Grafton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grand Lake3 Bed Premium3BR,1.5BA$1.33
Monarch Crossing Apartment HomesThree Bedroom 2 Bath - 1,080 sqft3BR,2BA$1.42
The Reserves at Arboretum ApartmentsB12BR,2BA$1.55
One CentralSandalwood2BR,2BA$1.49
Collinwood Square Apartments2 Bedroom2BR,1.5BA$1.27
Woods of JeffersonOne Bedroom1BR,1BA$1.53
Arboretum Place ApartmentsWILLOW B602BR,1BA$1.49
The Residences at Sonoma WoodsThe Bradford - Renovated1BR,1BA$1.40
Woodscape1x11BR,1BA$1.59
Young's Mill Apartments1 Bed 1 Bath Townhome1BR,1BA$1.53

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

Pet Friendly Lifestyle
Grafton, VA

Ranked #478

Among cities in Virginia for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Grafton, VA Rentals by Map

View MapGrafton, VA Apartments MapView MapGrafton, VA Rental Homes Map

Frequently Asked Questions about Cheap Grafton Apartments

What is the price of a cheap apartment in Grafton?

The cheapest apartment in Grafton is The Reserve at Deer Run which is listed at $900, while the average apartment in Grafton costs $1,828.

What types of apartments are the cheapest in Grafton?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 146 regular apartments in Grafton that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Grafton?

Cheap apartments in Grafton have an average cost of $237 which is $1,591 cheaper than the average rent for all rentals in Grafton.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.