Cheap Apartments for Rent in Grafton, NE from $500 (50 Rentals)

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

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.

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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.

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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.

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property at 208 E 5th St

$600 - $995

Studio To 2 Bedroom Rentals

Available Now

208 E 5th St

YorkNE68467

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.

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Lakeview Park
Studio to 3 Bedroom Apartments

Lakeview Park

510 Surfside DrLincoln, NE 68528
Corporate Housing
property at 1027 A St

$895

2 Bedroom Rentals

Available Now

1027 A St

LincolnNE68502
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LINQ Portfolio
2 Bedroom Apartments

LINQ Portfolio

535 W Saunders AveLincoln, NE 68521
  • Utilities Included

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.

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Showing Results 1-50, Page 1 of 1

Grafton, NE Local Guide

Cheapest Available Grafton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Grafton, NE is a 1 Bed unit found at Garden Brooke Apartments in the Country Club neighborhood priced from $695. Arapahoe Village in the Country Club neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Grafton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Garden Brooke Apartments1 Bed 1 Bath1BR,1BA$695
Arapahoe VillageOne Bedroom1BR,1BA$700
Colonial Courts1 Bedroom1BR,1BA$700
The Residences at Liberty Campus1/11BR,1BA$700
Old WalnutStudioStudio,1BA$745
Salt Valley View ApartmentsOne Bedroom1BR,1BA$750
Crete Senior Villas2 Bed 1 Bath2BR,1BA$800
Lakeview ParkCarter LakeStudio,1BA$879
Hickman Hills ApartmentsAStudio,1BA$895
Union at Middle Creek1BD1BR,1BA$917

Best Value Apartments for Rent in Grafton, NE and Nearby

As of April 29, 2026 the best value apartment in the Grafton area is the $1.16 price per square foot 3 Bed, 2 Bath Model at Residences at Oak Pointe in the starting from $1,699. The second greatest value Grafton apartment is the 3 Bedroom Model at LongLeaf Apartments starting at $1,145 with a $1.04 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.
Residences at Oak Pointe3 Bed, 2 Bath3BR,2BA$1.16
LongLeaf Apartments3 Bedroom3BR,2BA$1.04
The Quarters LincolnC - 3x33BR,3BA$0.64
Skyline ViewEmpyrean1BR,1BA$1.15
Marshall Apartments2 Bedroom, 1 Bathroom - 1032 SF2BR,1BA$1.14
Crete Senior Villas2 Bed 1 Bath2BR,1BA$0.87
The Residences at Liberty Campus2/12BR,1BA$1.13
Garden Brooke Apartments2 Bed 1 Bath2BR,1BA$1.15
Salt Valley View ApartmentsOne Bedroom1BR,1BA$1.15
Arapahoe VillageOne Bedroom1BR,1BA$1.09

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

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

Explore Grafton, NE Rentals by Map

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See the most popular apartments and homes in Grafton, NE

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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 Old Walnut listed at $745.

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 $800 at Crete Senior Villas.

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 $1,145.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.