
Cheap Homes for Rent near Grafton, WI from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Grafton.


6712 W Villard Ave

5226 N 38th
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.

6011 W Port Ave

4175 N 91st St

5435 N 40th St
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.

5318 N 27th St
Grafton, WI Local Guide

How much does it cost to rent a home in Grafton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grafton 2 Bedroom Homes for Rent | $1,339 | $995 | $1,550 |
| Grafton 3 Bedroom Homes for Rent | $2,563 | $1,450 | $4,950 |
| Grafton 4 Bedroom Homes for Rent | $3,433 | $1,750 | $5,495 |
Browse Top Homes for Rent in Grafton
Explore Grafton
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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Harvest Meadows Apartments | One Bedroom | 1BR,1BA | $775 |
| Berkshire Grafton Senior Apartments - 62+ | Unit I | 1BR,1BA | $1,090 |
| Woodmere Townhomes | 2 Bed 1 Bath | 2BR,1BA | $1,220 |
Best Value Apartments for Rent in Grafton, WI and Nearby
As of July 09, 2026 the best value apartment in the Grafton area is the $1.76 price per square foot 2 bedroom (1188 sf) Model at Cedar Place Apartments in the starting from $2,085. The second greatest value Grafton apartment is the 2B Model at Arrabelle starting at $2,495 with a $2.18 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. |
|---|---|---|---|
| Cedar Place Apartments | 2 bedroom (1188 sf) | 2BR,2BA | $1.76 |
| Arrabelle | 2B | 2BR,2BA | $2.18 |
| Fox Run Development | 1BNE (209) | 1BR,1BA | $2.26 |
| Woodmere Townhomes | 2 Bed 1 Bath | 2BR,1BA | $1.16 |
| Harvest Meadows Apartments | One Bedroom | 1BR,1BA | $1.15 |
| Berkshire Grafton Senior Apartments - 62+ | Unit I | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Grafton, WI Rentals by Map
See the most popular apartments and homes in Grafton, WI
Frequently Asked Questions about Grafton
What type of rentals are currently available in Grafton?
There are currently 72 Apartments for Rent in Grafton, WI with pricing that ranges from $775 to $4,907. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grafton ranging from $898 to $5,495.
What is the current price range for Rental Homes in Grafton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Grafton ranges from $898 to $5,495 with an average monthly rent of $2,095.
How much are larger Three and Four Bedroom Rentals in Grafton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Grafton range from $1,849 to $4,185, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $4,950. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $4,000.
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

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.

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.

A Local Expert's 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.

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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.

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.

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.