Cheap Apartments for Rent in the Graceland Neighborhood of Milwaukee, WI from $500 (27 Rentals)

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

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Fortitude Apartments
1 to 3 Bedroom Apartments

Fortitude Apartments

7717 W Good Hope RdMilwaukee, WI 53223
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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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Florist Gardens
1 to 2 Bedroom Apartments

Florist Gardens

3402-3426 W Florist AveMilwaukee, WI 53209
Senior Living
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3924 W Good Hope Rd
2 to 3 Bedroom Apartments

3924 W Good Hope Rd

3924 W Good Hope RdMilwaukee, WI 53209
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A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

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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 I and II
1 to 3 Bedroom Apartments

Bradley I and II

4375 W Bradley BlvdMilwaukee, WI 53223
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Check Out Milwaukee’s Best Affordable Neighborhoods

Learn about Milwaukee and the best places to live with original content written by our Local Expert Tim Brown

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Woodale Crossing
Studio to 2 Bedroom Apartments

Woodale Crossing

4114 W Woodale AveBrown Deer, WI 53209
Senior Living
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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 1 Bed unit found at Edison School Apartments priced from $938. 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 ListingModel NameBed/BathPriced From
Edison School Apartments1 Bedroom 1 Bath1BR,1BA$938
Aspenwood Glen Senior Apartments21G-601BR,1BA$960
7343 N Teutonia Ave - 16 Unit2BR/1.0BA2BR,1BA$995
Silver Creek Village 55+ Senior ApartmentsOne Bedroom1BR,1BA$1,165
Glen Hills Apartments2 Bedroom (909 sq ft)2BR,1BA$1,512
The ArdinFern Townhome2BR,2BA$2,900

Best Value Apartments for Rent in Graceland, WI

As of July 29, 2026 the best value apartment in the Graceland area is the $1.93 price per square foot Fern Townhome Model at The Ardin in the in the Brown Deer Park neighborhood starting from $2,900. The second greatest value Graceland apartment is the 5854 N 64th St Model at 5854 N 64th St, Unit Lower starting at $1,375 with a $1.15 price per square foot in the Hampton Heights 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.
The ArdinFern Townhome2BR,2.5BA$1.93
5854 N 64th St, Unit Lower5854 N 64th St3BR,1BA$1.15
Glen Hills Apartments2 Bedroom (910 sq ft)2BR,1BA$1.67
Silver Creek Village 55+ Senior ApartmentsOne Bedroom1BR,1BA$1.43
7343 N Teutonia Ave - 16 Unit2BR/1.0BA2BR,1BA$1.24
Edison School Apartments1 Bedroom 1 Bath1BR,1BA$1.23
Aspenwood Glen Senior Apartments11A-601BR,1BA$1.38

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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Real 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.

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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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Pet Friendly Lifestyle
Graceland, Milwaukee, WI

Ranked #134

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Graceland Apartments

What is the price of a cheap apartment in Graceland?

The cheapest apartment in Graceland is Edison School Apartments which is listed at $938, while the average apartment in Graceland costs $2,495.

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 17 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

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An Insider's 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.

decorative image for A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit article

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.

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Finding The Best Affordable Milwaukee Neighborhoods to Rent

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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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