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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Chateau
1 to 2 Bedroom Apartments

Chateau

2030 Chateau CtGrafton, WI 53024
  • 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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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
1 to 3 Bedroom Apartments

Cedarwood

W63N14258 Washington AveCedarburg, WI 53012
  • Utilities Included

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
Paramount Grafton Apartments14151BR,1BA$1,100
Woodmere Townhomes2 Bed 1 Bath2BR,1BA$1,220
Fox Run Development1BT4 (118-120)1BR,1BA$1,890

Best Value Apartments for Rent in Grafton, WI and Nearby

As of June 23, 2026 the best value apartment in the Grafton area is the $1.82 price per square foot 2B Model at 1505 Apartments + Townhomes in the starting from $1,965. The second greatest value Grafton apartment is the 1BNE (209) Model at Fox Run Development starting at $2,415 with a $2.26 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.
1505 Apartments + Townhomes2B2BR,2BA$1.82
Fox Run Development1BNE (209)1BR,1BA$2.26
Woodmere Townhomes2 Bed 1 Bath2BR,1BA$1.16
Harvest Meadows ApartmentsOne Bedroom1BR,1BA$1.15
Berkshire Grafton Senior Apartments - 62+Unit I1BR,1BA$1.67

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.

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.

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An Insiders Guide to Apartment Living Near Milwaukee's Four Employer Clusters

Written by: Tim Brown

Having grown up in Milwaukee and lived in Waukesha for several years, I have come to realize that the Milwaukee metro area offers diverse employment and housing opportunities.

Articles, How-To's, and Tips

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.