Cheap Apartments for Rent in Grafton, ND from $400 (27 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 307 Shiply Ave E

$490

Total Monthly Price

Total Monthly Price

Base Rent
$490
Total Monthly Price
$490

1 Bedroom, 1 Bath Home for Rent

Available Now

307 Shiply Ave E

BinfordND58416

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
715 N 40th St
1 to 3 Bedroom Apartments

715 N 40th St

715 N 40th StGrand Forks, ND 58203
  • Utilities Included

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.

Read Article
Showing Results 1-27, Page 1 of 1

Grafton, ND Local Guide

Cheapest Available Grafton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Grafton, ND is a 3 Beds unit found at Dakota at 55th priced from $740. Block V in the Downtown Grand Forks neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here is today’s list of the most affordable Grafton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Dakota at 55th3 Bed 2 Bath3BR,2BA$740
Block VSTUDIO/1BAStudio,1BA$850
Green AcresCharming 2BR Apartment with Fresh Paint!2BR,1BA$850
Heritage Highland II Townhomes2 bedroom2BR,1BA$929
Heritage Terrace Townhomes3 bedroom3BR,1BA$948
The Gallery Apartments1 Bed 1 Bath | 754 sqft1BR,1BA$1,012
CARRINGTON COURT1 Bed1BR,1BA$1,030
Forest Park Apartments3 Bedroom 1 Bathroom A3BR,1BA$1,113
The Legacy ApartmentsB52BR,2BA$1,405
Mallview Apartments2A2BR,1BA$1,425

Best Value Apartments for Rent in Grafton, ND and Nearby

As of June 19, 2026 the best value apartment in the Grafton area is the $1.14 price per square foot CP5 - 3 Bed/2 Bath | 1,594 SF Model at Campus Place Apartments in the starting from $1,818. The second greatest value Grafton apartment is the 3 bedroom Model at Heritage Terrace Townhomes starting at $948 with a $0.70 price per square foot . 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.
Campus Place ApartmentsCP5 - 3 Bed/2 Bath | 1,594 SF3BR,2BA$1.14
Heritage Terrace Townhomes3 bedroom3BR,1.5BA$0.70
Northern Heights Apartments3 Bed/2 Bath | 1,334 SF3BR,2BA$1.25
Heritage Highland II Townhomes2 bedroom2BR,1.5BA$0.74
Dakota at 55th3 Bed 2 Bath3BR,2BA$0.66
Forest Park Apartments3 Bedroom 1 Bathroom A3BR,1BA$1.02
The Legacy ApartmentsB52BR,2BA$1.35
Green AcresSTUDENT DISCOUNT! Fully renovated 2BR – Northla...2BR,1BA$1.10
CARRINGTON COURT1 Bed1BR,1BA$1.20
The Gallery Apartments1 Bed 1 Bath | 754 sqft1BR,1BA$1.34

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 Article
Decorative image

Real 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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

Best Local Schools in
Grafton, ND

School data provided by Great Schools

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

Explore Grafton, ND Rentals by Map

Decorative image of map

See the most popular apartments and homes in Grafton, ND

View Map
Grafton, ND Apartments Map
View Map
Grafton, ND Rental Homes Map

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 $805 at Ridgewood 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 $810 at Forest Park Apartments.

What is the most affordable Grafton Three Bedroom Apartment?

The best deal on a cheap Grafton Three Bedroom Apartment rental is at Heritage Terrace Townhomes and starts from $948.

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 Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.