
Cheap Apartments for Rent near Grafton, IL from $600 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Grafton.


Crossing at Northpointe Apartments

Godfrey Estates

Cabana West Apartments

Chez Paree Apartments and Townhomes

Sunbrook Apartments

River Chase

Stonehaven Apartments

Charbonier Manor
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

McNair Place Apartments

Kensington Square Apartments

The Groves Apartments and Townhomes

DES ARBOLES

The Finn

St. Andrews Apartments

Surrey Court Apartments

Crestview

Waterford Square
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Capital at St. Charles

Village Square

Lago Vista Apartments

Total Monthly Price
Hazelwood Forest Apartments

Riverfront Lofts

Pelican Cove

Cedarbrook Apartments

Remington Apartments

Greenway Chase
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Turnberry Place Apartments

Promenade at New Town

Bruce Court

Creekside Apartments

Delrado

120 McDonough St

The Tide

902 State St

Fox Hill
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.

747 Cunningham Ave

821 Alby St

615 Florland Dr

1045 N New Florissant Rd

1130 St Francois St

2857 Dawnview Dr

770 Lexington Park

690 Central Pkwy

43 St Celeste Dr
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.
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 | $915 | $828 | $931 |
| Grafton 1 Bedroom Apartments | $1,119 | $675 | $1,775 |
| Grafton 2 Bedroom Apartments | $1,361 | $800 | $2,490 |
| Grafton 3 Bedroom Apartments | $1,287 | $1,025 | $1,800 |
| Grafton 4 Bedroom Apartments | $1,150 | $1,150 | $1,150 |
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 Crossing at Northpointe Apartments in the Weatherby Place neighborhood priced from $675. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crossing at Northpointe Apartments | 1 Bed 1 Bath | 1BR,1BA | $675 |
| Cabana West Apartments | One Bedroom One Bath | 1BR,1BA | $800 |
| Chez Paree Apartments and Townhomes | Beautiful one bed apartment waiting for you! | 1BR,1BA | $825 |
| River Chase | Manchester | 1BR,1BA | $840 |
| Stonehaven Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $849 |
| Charbonier Manor | 2 Bedroom 1 Bathroom | 1BR,1BA | $850 |
| Kensington Square Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $890 |
| The Groves Apartments and Townhomes | Beautiful one bedroom and one bathroom garden a... | 1BR,1BA | $899 |
| DES ARBOLES | 1 Bed 1 Bath | 1BR,1BA | $900 |
| The Finn | Birch | 1BR,1BA | $904 |
Best Value Apartments for Rent in Grafton, IL and Nearby
As of July 27, 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 3 Bed 2 Bath Model at Crossing at Northpointe Apartments starting at $1,025 with a $1.06 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. |
|---|---|---|---|
| The Groves Apartments and Townhomes | Check out our beautiful remodeled two bedroom a... | 2BR,2BA | $1.22 |
| Crossing at Northpointe Apartments | 3 Bed 2 Bath | 3BR,2BA | $1.06 |
| Greenway Chase | 2 x 2 | 2BR,2BA | $1.33 |
| Surrey Court Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.12 |
| St. Andrews Apartments | 2 Bedroom Garden | 2BR,1BA | $1.40 |
| Chez Paree Apartments and Townhomes | Beautiful one bed apartment waiting for you! | 1BR,1BA | $1.07 |
| Kensington Square Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.23 |
| Charbonier Manor | 2 Bedroom 1 Bathroom | 1BR,1BA | $1.21 |
| River Chase | Manchester | 1BR,1BA | $1.35 |
| Cabana West Apartments | One Bedroom One Bath | 1BR,1BA | $1.33 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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!
Explore Grafton, IL Rentals by Map
See the most popular apartments and homes in Grafton, IL
Frequently Asked Questions about Cheap Grafton Apartments
What is the Cheapest Studio apartment in Grafton?
Currently the most affordable Cheap Studio Apartment in Grafton is at Sunbrook Apartments listed at $928.
How much is rent for a Cheap One Bedroom Grafton Apartment?
The lowest price for a Cheap One Bedroom Grafton Apartment is $675 at Crossing at Northpointe 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 $800 at Crossing at Northpointe Apartments.
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 $1,025.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.