
Cheap Apartments for Rent near Grafton, NE from $530 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in Grafton.


Garden Brooke Apartments

Colonial Courts

Arapahoe Village

The Residences @ Liberty Campus-55+ Community

LongLeaf Apartments

Salt Valley View Apartments

Bella Properties

Crete Senior Villas

Regency Heights
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.

Hickman Hills Apartments

Union at Middle Creek

Skyline View

Foxtail Meadows

Chantacleer Apartments

Folsom Ridge

HANGAR 55 AT THEATRE DISTRICT

The Mirada

Walnut Housing, LLC

Canopy Park
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.

East Park Apartments

The Sterling Apartments at Grand Island

Cherry Park

Pioneer Trail Flats

Residences at Oak Pointe

The Theatre District Flats

Cedar Ridge

Ridgeland Park Apartments in York

theVUE

The Dakota
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.

Total Monthly Price
HiPark - FrontNine

Talon Apartments

Heartland Flats Lincoln

Marshall Apartments

Sierra Suites

The Grove Apartment Homes

420 High St

611 Carey Ave N

Elm 26 Apartments

Lakeside Village Apartment Homes
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.

Legacy 34

Canopy Lofts

Concord Villas

Brynwood at Wilderness Ridge

201 E 2nd St

Lakeview Park

LINQ Portfolio

441 6th St

1909 W North Front St

3027 W Capital Ave
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, NE Local Guide

How much does it cost to rent an apartment in Grafton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grafton Studio Apartments | $1,099 | $895 | $1,438 |
| Grafton 1 Bedroom Apartments | $1,263 | $695 | $2,095 |
| Grafton 2 Bedroom Apartments | $1,415 | $546 | $2,750 |
| Grafton 3 Bedroom Apartments | $1,695 | $685 | $3,899 |
| Grafton 4 Bedroom Apartments | $1,337 | $530 | $3,000 |
Browse Top Apartments in Grafton
See all Apartments in GraftonExplore Grafton
Grafton, NE Local Guide
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Cheapest Available Grafton Apartments for Rent and Nearby
 The cheapest available apartment rental in Grafton, NE is a 2 Beds unit found at Cedar Park Apartments priced from $546. Garden Brooke Apartments in the Country Club neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Grafton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cedar Park Apartments | Affordable (30%) - 2 Bed, 1 Bath (989 sq ft) | 2BR, 1BA | $546 |
| Garden Brooke Apartments | 1 Bed 1 Bath | 1BR, 1BA | $695 |
| Arapahoe Village | One Bedroom | 1BR, 1BA | $700 |
| The Residences @ Liberty Campus-55+ Community | 1/1 | 1BR, 1BA | $700 |
| Salt Valley View Apartments | One Bedroom | 1BR, 1BA | $750 |
| LongLeaf Apartments | 1 Bedroom | 1BR, 1BA | $750 |
| Crete Senior Villas | 2 Bed 1 Bath | 2BR, 1BA | $800 |
| Hickman Hills Apartments | A | Studio, 1BA | $895 |
| Union at Middle Creek | 1BD | 1BR, 1BA | $909 |
| Skyline View | Horizon | 1BR, 1BA | $929 |
Best Value Apartments for Rent in Grafton, NE and Nearby
As of September 22, 2026 the best value apartment in the Grafton area is the $0.63 price per square foot C - 3x3 Model at The Quarters Lincoln in the Highlands neighborhood starting from $685. The second greatest value Grafton apartment is the 2 Bedroom, 1 Bathroom - 1032 SF Model at Marshall Apartments in the West A neighborhood starting at $1,175 with a $1.14 price per square foot. 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 Quarters Lincoln | C - 3x3 | 3BR, 3BA | $0.63 |
| Marshall Apartments | 2 Bedroom, 1 Bathroom - 1032 SF | 2BR, 1BA | $1.14 |
| Crete Senior Villas | 2 Bed 1 Bath | 2BR, 1BA | $0.87 |
| Cedar Ridge | 2 Bed 2 Bath | 2BR, 2BA | $1.20 |
| Cherry Park | 2BR/1.0BA | 2BR, 1BA | $1.18 |
| The Residences @ Liberty Campus-55+ Community | 2/1 | 2BR, 1BA | $1.13 |
| Garden Brooke Apartments | 2 Bed 1 Bath | 2BR, 1BA | $1.15 |
| LongLeaf Apartments | 1 Bedroom | 1BR, 1BA | $1.06 |
| Salt Valley View Apartments | One Bedroom | 1BR, 1BA | $1.15 |
| Arapahoe Village | One Bedroom | 1BR, 1BA | $1.09 |
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, NE Rentals by Map
See the most popular apartments and homes in Grafton, NE
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 Hickman Hills Apartments listed at $895.
How much is rent for a Cheap One Bedroom Grafton Apartment?
The lowest price for a Cheap One Bedroom Grafton Apartment is $695 at Garden Brooke 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 $546 at Cedar Park Apartments.
What is the most affordable Grafton Three Bedroom Apartment?
The best deal on a cheap Grafton Three Bedroom Apartment rental is at LongLeaf Apartments and starts from $1,090.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.