
Cheap Apartments for Rent in the Graceland Neighborhood of Milwaukee, WI from $500 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Graceland area of Milwaukee.


2832 W Carmen Ave

5239 N 38th St

5951 N 37th St

5116 N 32nd St

5953 N 37th St
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.

Riverwood Court Apartments

Aspenwood Glen Senior Apartments

Bradley Place Townhomes

5689 N 41st St

Deerwood Crossing (JFS) and (II)

Fortitude Apartments
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.

Sherman Gardens Apt.

Silver Spring Apartments

Continental House

Florist Gardens

3924 W Good Hope Rd

Spring Park Apartments
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.

Parkside at 76th

Rainbow Terrace Apartments

7343 N Teutonia Ave

5510 N 34th St

Bradley Crossing I and II

6011 W Port Ave
A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit
Uncover Milwaukee's affordable, vibrant neighborhoods and down-to-earth charm. Get a local expert's take on the city's renaissance, favorite traditions, and famous Gemütlichkeit (cozy spirit).

Silver Creek Village 55+ Senior Apartments

Woodale Crossing

Bradley Manor
Graceland, Milwaukee, WI Local Guide

How much does it cost to rent an apartment in Graceland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Graceland 1 Bedroom Apartments | $1,728 | $895 | $2,130 |
| Graceland 2 Bedroom Apartments | $2,256 | $624 | $5,030 |
| Graceland 3 Bedroom Apartments | $2,069 | $1,283 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Graceland Neighborhood of Milwaukee, WI.
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Graceland, Milwaukee, WI Local Guide
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Cheapest Available Graceland Apartments for Rent
 The cheapest available apartment rental in the Graceland area of Milwaukee, WI is a 2 Beds unit found at Florist Gardens priced from $875. Aspenwood Glen Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $960. Here are the most affordable Graceland apartments for rent in Milwaukee, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Florist Gardens | 2/2 | 2BR,1BA | $875 |
| Aspenwood Glen Senior Apartments | 21G-60 | 1BR,1BA | $960 |
| Edison School Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,145 |
| Silver Creek Village 55+ Senior Apartments | One Bedroom | 1BR,1BA | $1,165 |
| Algonquin Manor Senior Apartment Homes | Move In April & Get $200 Off First Month! Large... | 2BR,1BA | $1,299 |
| Glen Hills Apartments | 1 Bedroom (687 sq ft) | 1BR,1BA | $1,299 |
| Bradley Crossing I and II | 2B1B 989SF | 2BR,1BA | $1,409 |
| Presidio Square Apartments | 2A1 | 2BR,2BA | $1,675 |
Best Value Apartments for Rent in Graceland, WI
As of April 30, 2026 the best value apartment in the Graceland area is the $1.29 price per square foot 2A1 Model at Presidio Square Apartments in the in the Far Northwest Side neighborhood starting from $1,675. The second greatest value Graceland apartment is the 7211 W Brentwood Ave Model at 7211 W Brentwood Ave, Unit 7213 - Upper starting at $1,400 with a $1.27 price per square foot in the River View neighborhood. Here is today’s list of the best values for Graceland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Presidio Square Apartments | 2A1 | 2BR,2BA | $1.29 |
| 7211 W Brentwood Ave, Unit 7213 - Upper | 7211 W Brentwood Ave | 3BR,1.5BA | $1.27 |
| Bradley Crossing I and II | 2B1B 989SF | 2BR,1BA | $1.35 |
| Algonquin Manor Senior Apartment Homes | 2 Bed 1 BA 955 Sq Ft | 2BR,1BA | $1.36 |
| Florist Gardens | 2/2 | 2BR,1BA | $1.07 |
| Silver Creek Village 55+ Senior Apartments | One Bedroom | 1BR,1BA | $1.43 |
| Edison School Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.50 |
| Aspenwood Glen Senior Apartments | 11A-60 | 1BR,1BA | $1.38 |
| Glen Hills Apartments | 1 Bedroom (687 sq ft) | 1BR,1BA | $1.89 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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.
Pet Friendly LifestyleGraceland, Milwaukee, WI
Ranked #114
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Graceland, Milwaukee, WI
School data provided by Great Schools
Frequently Asked Questions about Cheap Graceland Apartments
What is the price of a cheap apartment in Graceland?
The cheapest apartment in Graceland is Aspenwood Glen Senior Apartments which is listed at $960, while the average apartment in Graceland costs $2,555.
What types of apartments are the cheapest in Graceland?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 18 regular apartments in Graceland that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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 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

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.

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.

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.

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.