
Cheap Apartments for Rent near Grafton, IL from $680 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Grafton.


Crossing at Northpointe Apartments

Godfrey Estates

Chez Paree Apartments and Townhomes

River Chase

Stonehaven Apartments

Charbonier Manor

Creekside Apartments
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 Finn

The Groves Apartments and Townhomes

DES ARBOLES

Cabana West Apartments

Veronica Place Active 55+ Community

Sunbrook Apartments
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.

Surrey Court Apartments

Crestview

Waterford Square

St. Andrews Apartments

Lago Vista Apartments

Capital at St. Charles

Total Monthly Price
Hazelwood Forest Apartments

Cedarbrook Apartments
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.

25 McNulty Dr

Pelican Cove

2787 Dawnview Dr

Greenway Chase

Turnberry Place Apartments

Remington Apartments

Promenade at New Town

Bruce Court
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.

940 W Delmar Ave

609 W Mather St

120 McDonough St

Delrado

The Tide

Fox Hill

2412 Henderson St

2857 Dawnview 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.

400 Humes Ln

1145 Patterson Rd
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 | $998 | $959 | $1,009 |
| Grafton 1 Bedroom Apartments | $1,140 | $680 | $1,775 |
| Grafton 2 Bedroom Apartments | $1,404 | $800 | $2,540 |
| Grafton 3 Bedroom Apartments | $1,396 | $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 $725. Chez Paree Apartments and Townhomes in the Weatherby Place neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. 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 BR - 1 BTH | 1BR,1BA | $725 |
| Chez Paree Apartments and Townhomes | Beautiful one bed apartment waiting for you! | 1BR,1BA | $825 |
| Charbonier Manor | 2 Bedroom 1 Bathroom | 1BR,1BA | $850 |
| River Chase | Brentwood | 1BR,1BA | $860 |
| Creekside Apartments | One Bedroom | 1BR,1BA | $875 |
| 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 |
| Cabana West Apartments | One Bedroom One Bath | 1BR,1BA | $910 |
| The Finn | Willow | 1BR,1BA | $926 |
| Stonehaven Apartments | 1 Bedroom Townhome | 1BR,1BA | $939 |
Best Value Apartments for Rent in Grafton, IL and Nearby
As of September 12, 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 $1,270 with a $1.34 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 |
| Greenway Chase | 2 x 2 | 2BR,2BA | $1.34 |
| Surrey Court Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.12 |
| Cedarbrook Apartments | 2 Bedroom Garden | 2BR,1BA | $1.47 |
| 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 |
| Creekside Apartments | One Bedroom | 1BR,1BA | $1.29 |
| Crossing at Northpointe Apartments | 1 BR - 1 BTH | 1BR,1BA | $1.08 |
| River Chase | Brentwood | 1BR,1BA | $1.32 |
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 ArticleNavigating 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.
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
How much is rent for a Cheap One Bedroom Grafton Apartment?
The lowest price for a Cheap One Bedroom Grafton Apartment is $725 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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.