Cheap Apartments for Rent in Grafton, IL from $600 (44 Rentals)

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

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Creekside Apartments
1 to 2 Bedroom Apartments

Creekside Apartments

121 Cole BlvdSt. Charles, MO 63301
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120 McDonough St
Studio to 1 Bedroom Apartments

120 McDonough St

120 McDonough StSt. Charles, MO 63301
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The Tide
1 to 2 Bedroom Apartments

The Tide

700 Marina DrSt. Charles, MO 63301
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Fox Hill
1 to 4 Bedroom Apartments

Fox Hill

3100 Fox Chase DrSt. Charles, MO 63301
  • Utilities Included

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.

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Showing Results 1-44, Page 1 of 1

Grafton, IL Local Guide

Cheapest Available Grafton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Grafton, IL is a 1 Bed unit found at Bruce Court in the Weatherby Place neighborhood priced from $695. Cabana West Apartments in the Brighton Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Grafton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bruce Court41BR,1BA$695
Cabana West ApartmentsOne Bedroom One Bath1BR,1BA$800
Chez Paree Apartments and TownhomesBeautiful one bed apartment waiting for you!1BR,1BA$825
Delrado1 Bed / 1 Bath1BR,1BA$850
Charbonier Manor2 Bedroom 1 Bathroom1BR,1BA$850
River ChaseBrentwood1BR,1BA$855
Kensington Square Apartments1 Bedroom 1 Bath1BR,1BA$875
The Groves Apartments and TownhomesBeautiful one bedroom and one bathroom garden a...1BR,1BA$899
DES ARBOLES1 Bed 1 Bath1BR,1BA$900
Crossing at Northpointe Apartments1 Bed 1 Bath1BR,1BA$925

Best Value Apartments for Rent in Grafton, IL and Nearby

As of April 28, 2026 the best value apartment in the Grafton area is the $1.22 price per square foot Check out our beautiful remodeled two bedroom a... Model at The Groves Apartments and Townhomes in the in the Weatherby Place neighborhood starting from $1,200. The second greatest value Grafton apartment is the 2 x 2 Model at Greenway Chase starting at $1,250 with a $1.32 price per square foot in the Weatherby Place 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.
The Groves Apartments and TownhomesCheck out our beautiful remodeled two bedroom a...2BR,2BA$1.22
Greenway Chase2 x 22BR,2BA$1.32
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$1.12
Chez Paree Apartments and TownhomesBeautiful one bed apartment waiting for you!1BR,1BA$1.07
Kensington Square Apartments2 Bedroom 1 Bath1BR,1BA$1.23
Delrado1 Bed / 1 Bath1BR,1BA$1.21
Charbonier Manor2 Bedroom 1 Bathroom1BR,1BA$1.21
Stonehaven Apartments1 Bedroom Townhome1BR,1BA$1.37
River ChaseBrentwood1BR,1BA$1.32
Cabana West ApartmentsOne Bedroom One Bath1BR,1BA$1.33

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

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

Explore Grafton, IL Rentals by Map

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Frequently Asked Questions about Cheap Grafton Apartments

How much is rent for a Cheap One Bedroom Grafton Apartment?

The lowest price for a Cheap One Bedroom Grafton Apartment is $695 at Bruce Court.

What is the lowest price for a Cheap Two Bedroom Grafton Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Grafton is starting from $899 at Chez Paree Apartments and Townhomes.

What is the most affordable Grafton Three Bedroom Apartment?

The best deal on a cheap Grafton Three Bedroom Apartment rental is at Crossing at Northpointe Apartments and starts from $1,250.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.