Cheap Apartments for Rent in Grafton, WI from $500 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in Grafton.

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Cedar Creek Heights
1 Bedroom Apartments

Cedar Creek Heights

W57N517 Hilbert AveCedarburg, WI 53012
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Cedarwood Apartments
1 Bedroom Apartments

Cedarwood Apartments

W63N14332-W63N14334 Washington AveCedarburg, WI 53012
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Cedarview Apartments
Studio to 2 Bedroom Apartments

Cedarview Apartments

W63N14260 Washington AveCedarburg, WI 53012

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.

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. 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 ListingModel NameBed/BathPriced From
Harvest Meadows ApartmentsOne Bedroom1BR,1BA$725
Chateaulower1BR,1BA$995
Woodmere Townhomes2 Bed 1 Bath2BR,1BA$1,160
Cedar Edge Apartments2 BR2BR,1BA$1,190
Berkshire Grafton Senior Apartments - 62+Unit M1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
W63N139 Washington Ave, Unit W63N137W63N139 Washington Ave3BR,2BA$1.04
Cedar Place Apartments2 bedroom (1158 sf)2BR,2BA$1.58
1505 Apartments + TownhomesD32BR,2BA$1.64
HILLSIDE ESTATES2 Bed Upper2BR,2BA$1.53
High Bluff TownhomesC1BR,1BA$1.62
Woodmere Townhomes2 Bed 1 Bath2BR,1BA$1.10
Cedar Edge Apartments2 BR2BR,1.5BA$1.24
W52N677 Highland Dr, Unit Cedarburg duplex upperW52N677 Highland Dr1BR,1BA$1.39
Chateaulower1BR,1BA$1.31
Harvest Meadows ApartmentsOne Bedroom1BR,1BA$1.07

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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

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.

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