
Cheap Apartments for Rent in Grafton, IL from $700 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Grafton.


Veronica Place Active 55+ Community

The Groves Apartments and Townhomes

Creekside Apartments

Cabana West Apartments

Godfrey Estates
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.

Sunbrook Apartments

Stonehaven Apartments

Kensington Square Apartments

McNair Place Apartments
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.

Greenway Chase

DES ARBOLES

St. Andrews Apartments

Crestview

Crossing at Northpointe

Waterford Square

Village Square
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.

Lago Vista

Cedarbrook Apartments

Chez Paree Apartments and Townhomes

1101 N 2nd St
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.
Grafton, IL Local Guide

How much does it cost to rent an apartment in Grafton?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Grafton Studio Apartments | $895 | $838 | $916 |
Grafton 1 Bedroom Apartments | $1,163 | $760 | $2,172 |
Grafton 2 Bedroom Apartments | $1,404 | $895 | $2,487 |
Grafton 3 Bedroom Apartments | $1,537 | $1,022 | $2,579 |
Grafton 4 Bedroom Apartments | $1,132 | $1,132 | $1,132 |
Browse Top Apartments in Grafton
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Grafton, IL Local Guide
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Cheapest Available Grafton Apartments for Rent and Nearby
 The cheapest available apartment rental in Grafton, IL is a 1 Bed unit found at Kensington Square Apartments in the Weatherby Place neighborhood priced from $850. McNair Place Apartments in the Brighton Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $855. Here is today’s list of the most affordable Grafton apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Kensington Square Apartments | Classic 1 Bedroom 1 Bath | 1BR,1BA | $850 |
McNair Place Apartments | 1 Bed, 1 Bath B | 1BR,1BA | $855 |
The Finn | Birch | 1BR,1BA | $895 |
DES ARBOLES | 1 Bed1 Bath | 1BR,1BA | $900 |
River Chase | Chesterfield | 2BR,1BA | $900 |
Surrey Court Apartments | 2 Beds, 1 bath | 2BR,1BA | $925 |
Stonehaven Apartments | 1 Bedroom Townhome | 1BR,1BA | $969 |
Crossing at Northpointe | 1 Bedroom 1 Bathroom | 1BR,1BA | $975 |
Waterford Square | 1 Bedroom | 1BR,1BA | $1,000 |
St. Andrews Apartments | 1 Bedroom Garden Renovated | 1BR,1BA | $1,040 |
Best Value Apartments for Rent in Grafton, IL and Nearby
As of July 25, 2025 the best value apartment in the Grafton area is the $0.90 price per square foot Beautiful Renovated 2 Bedroom/1.5 Bath Townhome Model at Chez Paree Apartments and Townhomes in the in the Weatherby Place neighborhood starting from $1,299. The second greatest value Grafton apartment is the Check out our beautiful townhomes! Model at The Groves Apartments and Townhomes starting at $1,250 with a $0.97 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Chez Paree Apartments and Townhomes | Beautiful Renovated 2 Bedroom/1.5 Bath Townhome | 2BR,1.5BA | $0.90 |
The Groves Apartments and Townhomes | Check out our beautiful townhomes! | 2BR,1.5BA | $0.97 |
Greenway Chase | 2 x 2 | 2BR,2BA | $1.27 |
Hazelwood Forest Apartments | Birch R | 2BR,1BA | $1.42 |
Surrey Court Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.07 |
Cedarbrook Apartments | 2 Bedroom Garden | 2BR,1BA | $1.35 |
River Chase | Chesterfield | 2BR,1BA | $1.21 |
Stonehaven Apartments | 1 Bedroom Townhome | 1BR,1BA | $1.41 |
Crossing at Northpointe | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.45 |
The Finn | Birch | 1BR,1BA | $1.44 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Grafton, IL
Walk Score®
26 / 100
Car-Dependent
Most errands require a car
Bike Score®
33 / 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 Grafton Apartments
How much is rent for a Cheap One Bedroom Grafton Apartment?
The lowest price for a Cheap One Bedroom Grafton Apartment is $850 at Kensington Square Apartments.
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 $900 at River Chase.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.