Cheap Apartments for Rent in the Graceland Neighborhood of Milwaukee, WI from $500 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Graceland area of Milwaukee.

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.

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Sherman Gardens Apt.
1 to 2 Bedroom Apartments

Sherman Gardens Apt.

5940 N Sherman BlvdMilwaukee, WI 53209
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Silver Spring Apartments
2 Bedroom Apartments

Silver Spring Apartments

7109-7135 W Silver Spring DrMilwaukee, WI 53218
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Continental House
1 to 3 Bedroom Apartments

Continental House

5301 N Teutonia AveMilwaukee, WI 53209
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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.

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3924 W Good Hope Rd
2 Bedroom Apartments

3924 W Good Hope Rd

3924 W Good Hope RdMilwaukee, WI 53209
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Spring Park Apartments
2 Bedroom Apartments

Spring Park Apartments

7401-7535 W Silver Spring DrMilwaukee, WI 53218
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Parkside at 76th
2 Bedroom Apartments

Parkside at 76th

6939-6951 N 76th StMilwaukee, WI 53223
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Bradley Crossing
1 to 3 Bedroom Apartments

Bradley Crossing

4375 W Bradley BlvdMilwaukee, WI 53223
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Fortitude Apartments
1 to 2 Bedroom Apartments

Fortitude Apartments

7717 W Good Hope RdMilwaukee, WI 53223
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Bradley Manor
1 to 2 Bedroom Apartments

Bradley Manor

4527 W Bradley RdBrown Deer, WI 53223
Senior Living
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Graceland, Milwaukee, WI Local Guide

Cheapest Available Graceland Apartments for Rent

 

The cheapest available apartment rental in the Graceland area of Milwaukee, WI is a Studio unit found at Woodale Crossing priced from $786. Sycamore Place has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Graceland apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Woodale CrossingStudioStudio,1BA$786
Sycamore PlaceSP0-1PStudio,1BA$895
Aspenwood Glen Senior Apartments21F-602BR,1BA$900
Silver Creek Village 55+ Senior ApartmentsOne Bedroom - Income Restricted1BR,1BA$990
Algonquin ManorFloor Plan 22BR,1BA$1,213

Best Value Apartments for Rent in Graceland, WI

As of May 31, 2025 the best value apartment in the Graceland area is the $1.37 price per square foot 1B2 Model at Presidio Square Apartments LLC in the in the River View neighborhood starting from $1,511. The second greatest value Graceland apartment is the The Sidney Model at 1633 On The Park starting at $1,725 with a $1.73 price per square foot in the Brown Deer Park neighborhood. Here is today’s list of the best values for Graceland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Presidio Square Apartments LLC1B22BR,2BA$1.37
1633 On The ParkThe Sidney2BR,2BA$1.73
Encore @ White Oaks ApartmentsNew Larger 1 Bed1BR,1BA$2.25
Aspenwood Glen Senior Apartments2B 60-TC1182BR,1BA$1.45
The BevyClapton1BR,1BA$1.86
Algonquin ManorFloor Plan 11BR,1BA$1.53
Silver Creek Village 55+ Senior ApartmentsOne Bedroom1BR,1BA$1.57
Woodale Crossing1x11BR,1BA$1.20
Glen Hills Apartments1 Bedroom (649 sq ft)1BR,1BA$2.06
Sycamore PlaceSP0-1PStudio ,1BA$2.24

Quick Rent Budget Calculator

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Getting Around the Graceland Neighborhood in Milwaukee, WI

Walk Score®

21 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

45 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Graceland Apartments

What is the price of a cheap apartment in Graceland?

The cheapest apartment in Graceland is Woodale Crossing which is listed at $849, while the average apartment in Graceland costs $2,695.

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 21 regular apartments in Graceland that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Graceland?

Cheap apartments in Graceland have an average cost of $135 which is $2,560 cheaper than the average rent for all rentals in Graceland.

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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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 Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.