Cheap Homes for Rent in Grafton, VA from $700 (7 Rentals)

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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 $950. 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$950
Colony Square ApartmentsClassic Newport1BR,1BA$1,010
Monarch Crossing Apartment HomesOne Bedroom - 750 sqft1BR,1BA$1,055

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

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Frequently Asked Questions about Grafton

What type of rentals are currently available in Grafton?

There are currently 31 Apartments for Rent in Grafton, VA with pricing that ranges from $867 to $6,129. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grafton ranging from $700 to $3,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Grafton ranges from $700 to $3,500 with an average monthly rent of $1,804.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Grafton range from $1,100 to $6,129, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $2,024.

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.

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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.

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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.

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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.