Cheap Apartments for Rent in Grafton, WI from $500 (20 Rentals)

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Manchester Heights
1 Bedroom Apartments

Manchester Heights

642 Maple StGrafton, WI 53024
Senior Living
  • 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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Chateau
1 Bedroom Apartments

Chateau

2030 Chateau CtGrafton, WI 53024
  • Utilities Included
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Cedar Creek Heights
1 Bedroom Apartments

Cedar Creek Heights

W57N517 Hilbert AveCedarburg, WI 53012
  • Utilities Included

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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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
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Washington Square
Studio to 1 Bedroom Apartments

Washington Square

w62n563 Washington AvenueCedarburg, WI 53012

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.

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 $725. Woodmere Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,220. Here is today’s list of the most affordable Grafton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Harvest Meadows ApartmentsOne Bedroom1BR,1BA$725
Woodmere Townhomes2 Bed 1 Bath2BR,1BA$1,220
Berkshire Grafton Senior Apartments - 62+Unit D2BR,1BA$1,298
Seasons at GraftonAStudio,1BA$1,550
1505 Apartments + Townhomes1A1BR,1BA$1,685

Best Value Apartments for Rent in Grafton, WI and Nearby

As of January 26, 2026 the best value apartment in the Grafton area is the $1.89 price per square foot Standart Unit Model at 2185 on Wisconsin Townhomes in the starting from $2,695. The second greatest value Grafton apartment is the D Model at High Bluff Townhomes starting at $2,035 with a $1.48 price per square foot in the Misty Ridge neighborhood. 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.
2185 on Wisconsin TownhomesStandart Unit2BR,2.5BA$1.89
High Bluff TownhomesD2BR,2BA$1.48
Cedar Place Apartments2 bedroom (1158 sf)2BR,2BA$1.63
Fox Run Development1BNE (209)1BR,1BA$2.26
HILLSIDE ESTATES2 Bed Lower2BR,2BA$1.61
Woodmere Townhomes2 Bed 1 Bath2BR,1BA$1.16
Berkshire Grafton Senior Apartments - 62+Unit D2BR,1BA$1.35
640 S Colonial Pky, Unit 1640 S Colonial Pky2BR,1BA$1.83
1002 5th Ave, Unit 41002 5th Ave2BR,1BA$1.39
Harvest Meadows ApartmentsOne Bedroom1BR,1BA$1.07

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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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!

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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 Seasons at Grafton listed at $1,550.

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.

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

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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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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.