Cheap Apartments for Rent in Grafton, WI from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Grafton.

1505 Apartments + Townhomes
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.

Harvest Meadows Apartments
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.

Washington Square

3907A N 24th St
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.

1202 W Hope Ave

5366 N 36th St

4830 N 39th St
Grafton, WI Local Guide

How much does it cost to rent an apartment in Grafton?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Grafton Studio Apartments | $1,269 | $860 | $1,425 |
Grafton 1 Bedroom Apartments | $1,822 | $725 | $5,180 |
Grafton 2 Bedroom Apartments | $2,211 | $850 | $6,645 |
Grafton 3 Bedroom Apartments | $2,983 | $1,850 | $7,345 |
Grafton 4 Bedroom Apartments | $3,800 | $3,800 | $3,800 |
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Grafton, WI Local Guide
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Cheapest Available Grafton Apartments for Rent and Nearby
 The cheapest available apartment rental in Grafton, WI is a 1 Bed unit found at Harvest Meadows Apartments in the Misty Ridge neighborhood priced from $725. Chateau has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Grafton apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Harvest Meadows Apartments | One Bedroom | 1BR,1BA | $725 |
Chateau | lower | 1BR,1BA | $995 |
Woodmere Townhomes | 2 Bed 1 Bath | 2BR,1BA | $1,160 |
Cedar Edge Apartments | 2 BR | 2BR,1BA | $1,190 |
Berkshire Grafton Senior Apartments - 62+ | Unit M | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in Grafton, WI and Nearby
As of July 25, 2025 the best value apartment in the Grafton area is the $1.04 price per square foot W63N139 Washington Ave Model at W63N139 Washington Ave, Unit W63N137 in the starting from $1,875. The second greatest value Grafton apartment is the 2 bedroom (1158 sf) Model at Cedar Place Apartments starting at $1,830 with a $1.58 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. |
---|---|---|---|
W63N139 Washington Ave, Unit W63N137 | W63N139 Washington Ave | 3BR,2BA | $1.04 |
Cedar Place Apartments | 2 bedroom (1158 sf) | 2BR,2BA | $1.58 |
1505 Apartments + Townhomes | D3 | 2BR,2BA | $1.64 |
HILLSIDE ESTATES | 2 Bed Upper | 2BR,2BA | $1.53 |
High Bluff Townhomes | C | 1BR,1BA | $1.62 |
Woodmere Townhomes | 2 Bed 1 Bath | 2BR,1BA | $1.10 |
Cedar Edge Apartments | 2 BR | 2BR,1.5BA | $1.24 |
W52N677 Highland Dr, Unit Cedarburg duplex upper | W52N677 Highland Dr | 1BR,1BA | $1.39 |
Chateau | lower | 1BR,1BA | $1.31 |
Harvest Meadows Apartments | One Bedroom | 1BR,1BA | $1.07 |
Quick Rent Budget Calculator
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Getting Around Grafton, WI
Walk Score®
44 / 100
Car-Dependent
Most errands require a car
Bike Score®
43 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Seasons at Grafton listed at $1,425.
How much is rent for a Cheap One Bedroom Grafton Apartment?
The lowest price for a Cheap One Bedroom Grafton Apartment is $725 at Harvest Meadows 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 $850 at Harvest Meadows Apartments.
What is the most affordable Grafton Three Bedroom Apartment?
The best deal on a cheap Grafton Three Bedroom Apartment rental is at Seasons at Grafton and starts from $2,795.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Finding The Best Affordable Milwaukee Neighborhoods to Rent
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then just blocks outside the border, many Milwaukee neighborhoods have been home to friends and family for many years.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.