Cheap Apartments for Rent in Grafton, WI from $500 (21 Rentals)

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Manchester Heights
1 Bedroom Apartments

Manchester Heights

642 Maple StGrafton, WI 53024
Senior Living
  • Utilities Included

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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Cedar Creek Heights
1 Bedroom Apartments

Cedar Creek Heights

W57N517 Hilbert AveCedarburg, WI 53012
  • Utilities Included
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Cedarview Apartments
Studio to 2 Bedroom Apartments

Cedarview Apartments

W63N14260 Washington AveCedarburg, WI 53012
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Cedarwood Apartments
1 to 3 Bedroom Apartments

Cedarwood Apartments

W63N14332-W63N14334 Washington AveCedarburg, WI 53012
  • Utilities Included

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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Washington Square
Studio to 1 Bedroom Apartments

Washington Square

w62n563 Washington AvenueCedarburg, WI 53012

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.

Grafton, WI Local Guide

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 $775. Berkshire Grafton Senior Apartments - 62+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,090. Here is today’s list of the most affordable Grafton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Harvest Meadows ApartmentsOne Bedroom1BR,1BA$775
Berkshire Grafton Senior Apartments - 62+Unit I1BR,1BA$1,090
Seasons at Grafton2D2BR,2BA$2,295
2185 on Wisconsin TownhomesStandart Unit2BR,2BA$2,695
Cedar Plaza Apartments & TownhomesTownhome3BR,2BA$3,200

Best Value Apartments for Rent in Grafton, WI and Nearby

As of May 09, 2026 the best value apartment in the Grafton area is the $1.63 price per square foot Townhome Model at Cedar Plaza Apartments & Townhomes in the starting from $3,200. The second greatest value Grafton apartment is the Standart Unit Model at 2185 on Wisconsin Townhomes starting at $2,695 with a $1.89 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.
Cedar Plaza Apartments & TownhomesTownhome3BR,2.5BA$1.63
2185 on Wisconsin TownhomesStandart Unit2BR,2.5BA$1.89
Seasons at Grafton2D2BR,2BA$1.89
Harvest Meadows ApartmentsOne Bedroom1BR,1BA$1.15
Berkshire Grafton Senior Apartments - 62+Unit I1BR,1BA$1.67
N50 W5616 Portland Rd, Unit N50 W5618 - UPPERN50 W5616 Portland Rd1BR,1BA$1.54

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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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.

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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 $775 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 $895 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 Cedar Plaza Apartments & Townhomes and starts from $3,200.

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.

Helpful Local Expert Guides

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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.

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The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, many of the Milwaukee neighborhoods profiled here have been home to friends and family.

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A Local Experts Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, Milwaukee's neighborhoods have been home to friends and family for years.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.

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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.