Cheap Apartments for Rent in Wakefield, VA from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Wakefield.

Jesse Lee Apartments
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.

The Flats of Williamsburg

W.R. Cropper Apartments

Forest Pine Apartments

Mill Creek Apartments
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.

Morris Creek Landing Apartments

Addison Crater Woods

605 Oak St

64 James Square
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Wakefield, VA Local Guide

How much does it cost to rent an apartment in Wakefield?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Wakefield Studio Apartments | $982 | $950 | $1,014 |
Wakefield 1 Bedroom Apartments | $1,619 | $526 | $2,746 |
Wakefield 2 Bedroom Apartments | $1,736 | $597 | $2,854 |
Wakefield 3 Bedroom Apartments | $2,291 | $984 | $3,985 |
Wakefield 4 Bedroom Apartments | $1,326 | $999 | $4,485 |
Browse Top Apartments in Wakefield
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Wakefield, VA Local Guide
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Cheapest Available Wakefield Apartments for Rent and Nearby
 The cheapest available apartment rental in Wakefield, VA is a 1 Bed unit found at Pretlow Homes priced from $526. Jesse Lee Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $899. Here is today’s list of the most affordable Wakefield apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Pretlow Homes | 1 Bed, 1 bath | 1BR,1BA | $526 |
Jesse Lee Apartments | 2BR | 2BR,2BA | $899 |
Church Manor | 2 Beds, 1 bath | 2BR,1BA | $904 |
The Flats of Williamsburg | Studio I | Studio,1BA | $950 |
W.R. Cropper Apartments | Two Bedroom One Bath | 2BR,1BA | $1,000 |
Best Value Apartments for Rent in Wakefield, VA and Nearby
As of May 11, 2025 the best value apartment in the Wakefield area is the $1.54 price per square foot Anchor - Patio Model at The Westerly at Benn’s Grant in the starting from $2,434. The second greatest value Wakefield apartment is the Three Bedroom Model at Longhill Grove starting at $1,483 with a $1.16 price per square foot in the Longhill Grove neighborhood. Here is today’s list of the best values for Wakefield apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Westerly at Benn’s Grant | Anchor - Patio | 3BR,2.5BA | $1.54 |
Longhill Grove | Three Bedroom | 3BR,2BA | $1.16 |
Port 58 Apartments @ Hillpoint | Brigantine | 2BR,2BA | $1.42 |
Bradford Mews Apartments - Tax Credit | Two Bedroom | 2BR,2BA | $1.35 |
Pinetree | B1 | 2BR,2BA | $1.44 |
W.R. Cropper Apartments | Two Bedroom One Bath | 2BR,1BA | $1.11 |
Mill Creek Apartments | 1 Bedroom | 1BR,1BA | $1.18 |
Jesse Lee Apartments | 2BR | 2BR,2BA | $1.08 |
Olde Jamestowne Apartments | one bedroom | 1BR,1BA | $1.60 |
Church Manor | 2 Beds, 1 bath | 2BR,1BA | $1.27 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleWakefield, VA
Ranked #173
Among cities in Virginia for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wakefield, VA Rentals by Map
See the most popular apartments and homes in Wakefield, VA
Getting Around Wakefield, VA
Walk Score®
26 / 100
Car-Dependent
Most errands require a car
Bike Score®
35 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Wakefield Apartments
How much is rent for a Cheap One Bedroom Wakefield Apartment?
The lowest price for a Cheap One Bedroom Wakefield Apartment is $526 at Pretlow Homes.
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 $597 at Pretlow Homes.
What is the most affordable Wakefield Three Bedroom Apartment?
The best deal on a cheap Wakefield Three Bedroom Apartment rental is at Jesse Lee Apartments and starts from $1,020.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.