
Cheap Apartments for Rent near Grafton, NY from $984 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Grafton.


Homeroom Lofts

City Station South

Caldwell Apartments

Cedar Park Apartments

The Fulton

Towers on Hudson

Park Ridge

Sol 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.

Harbour Point Gardens

Troy Gardens

The Peabody Apartments

The Overlook

Flanigan Square Lofts

The Collar Factory Lofts

The Rise Collar City

Country Gardens Apartments

Brunswick 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.

The Ridge Apartments

Sugar Hill

Enclave at Duncan Meadows

The Cannon Building

195 9th St

135 5th Ave

16 2nd St

Diamond Rock Terrace Senior Apartments

500 2nd St
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.

516 4th St

130 5th Ave

53 Main St

428 7th Ave

1210 5th Ave

594 4th St

662 2nd Ave

Waterside Senior Apartments

114 Ida St
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.

3 Cataract St

100 Lancaster St

166 6th Ave

108 4th St

28 Lancaster St

15 Fairview Ave

27 McElwain Ave

400 River St

5 Marshall St
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.

The Woods

257 3rd St

412 2nd St
Grafton, NY Local Guide

How much does it cost to rent an apartment in Grafton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grafton Studio Apartments | $1,494 | $990 | $1,890 |
| Grafton 1 Bedroom Apartments | $1,688 | $990 | $2,317 |
| Grafton 2 Bedroom Apartments | $2,032 | $1,134 | $3,880 |
| Grafton 3 Bedroom Apartments | $1,793 | $999 | $3,035 |
| Grafton 4 Bedroom Apartments | $1,762 | $984 | $3,635 |
Browse Top Apartments in Grafton
See all Apartments in GraftonExplore Grafton
Grafton, NY Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Grafton Apartments for Rent and Nearby
 The cheapest available apartment rental in Grafton, NY is a 3 Beds unit found at City Station South in the Downtown Troy neighborhood priced from $1,065. Diamond Rock Terrace Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here is today’s list of the most affordable Grafton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| City Station South | Furnished 3 Bed / 1 Bath | 3BR,1BA | $1,065 |
| Diamond Rock Terrace Senior Apartments | 1 Bedroom | 1BR,1BA | $1,175 |
| The Fulton | Studio, 1 bath | Studio,1BA | $1,175 |
| Caldwell Apartments | Studio | Studio,1BA | $1,290 |
| Sol Apartments | Apartment Type Sa | Studio,1BA | $1,290 |
| Harbour Point Gardens | 1BR/1BA - 650SF | 1BR,1BA | $1,295 |
| Flanigan Square Lofts | 0 bed 1 Bath | Studio,1BA | $1,350 |
| The Peabody Apartments | 104 | 1BR,1BA | $1,350 |
| Enclave at Duncan Meadows | One Bedroom | 1BR,1BA | $1,450 |
| The Rise Collar City | Studio C | Studio,1BA | $1,475 |
Best Value Apartments for Rent in Grafton, NY and Nearby
As of August 24, 2026 the best value apartment in the Grafton area is the $1.41 price per square foot 3 BR, 1 BA Model at 8 Division St in the starting from $2,250. The second greatest value Grafton apartment is the Harwich Model at Captain's Lookout starting at $2,395 with a $1.81 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. |
|---|---|---|---|
| 8 Division St | 3 BR, 1 BA | 3BR,1BA | $1.41 |
| Captain's Lookout | Harwich | 2BR,2BA | $1.81 |
| Country Gardens Apartments | 2 Bed with Balcony Remodel | 2BR,1BA | $1.28 |
| The Ridge Apartments | Ridge A | 2BR,2BA | $1.63 |
| Water's View | Nile | 2BR,2.5BA | $1.84 |
| Riverstone Apartments | Granite | 2BR,2BA | $1.69 |
| College Suites at City Station East | 2 Bedroom 2 Bath | 2BR,2BA | $1.46 |
| Enclave at Duncan Meadows | One Bedroom | 1BR,1BA | $1.74 |
| The Peabody Apartments | 104 | 1BR,1BA | $1.73 |
| Incite at Troy | B3 | 2BR,1BA | $1.84 |
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, NY Rentals by Map
See the most popular apartments and homes in Grafton, NY
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 The Fulton listed at $1,175.
How much is rent for a Cheap One Bedroom Grafton Apartment?
The lowest price for a Cheap One Bedroom Grafton Apartment is $1,175 at Diamond Rock Terrace Senior 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 $1,275 at Diamond Rock Terrace Senior Apartments.
What is the most affordable Grafton Three Bedroom Apartment?
The best deal on a cheap Grafton Three Bedroom Apartment rental is at City Station South and starts from $1,065.
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.

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.

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.