
Cheap Apartments for Rent in the Graceland Neighborhood of Milwaukee, WI from $500 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Graceland area of Milwaukee.


5501 N 51st Blvd

5347 N Sherman Blvd

5436 N 38th St
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.

Sycamore Place

Riverwood Court Apartments

Aspenwood Glen Senior Apartments

7348 W Medford Ave

Bradley Place Townhomes

5155 N 28th St, Unit Quadplex Upper unit
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.

St Peter's Apartments - 62+ Senior Housing

Woodale Crossing
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.

Silver Creek Village 55+ Senior Apartments
Graceland, Milwaukee, WI Local Guide

How much does it cost to rent an apartment in Graceland?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Graceland Studio Apartments | $1,414 | $786 | $1,664 |
Graceland 1 Bedroom Apartments | $1,543 | $750 | $3,058 |
Graceland 2 Bedroom Apartments | $1,872 | $577 | $4,078 |
Graceland 3 Bedroom Apartments | $2,432 | $1,175 | $2,995 |
Browse Apartments in this Neighborhood
There are currently 23 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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Woodale Crossing | Studio | Studio,1BA | $786 |
Sycamore Place | SP0-1P | Studio,1BA | $895 |
Aspenwood Glen Senior Apartments | 21F-60 | 2BR,1BA | $900 |
Silver Creek Village 55+ Senior Apartments | One Bedroom - Income Restricted | 1BR,1BA | $990 |
Algonquin Manor | Floor Plan 2 | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Presidio Square Apartments LLC | 1B2 | 2BR,2BA | $1.37 |
1633 On The Park | The Sidney | 2BR,2BA | $1.73 |
Encore @ White Oaks Apartments | New Larger 1 Bed | 1BR,1BA | $2.25 |
Aspenwood Glen Senior Apartments | 2B 60-TC118 | 2BR,1BA | $1.45 |
The Bevy | Clapton | 1BR,1BA | $1.86 |
Algonquin Manor | Floor Plan 1 | 1BR,1BA | $1.53 |
Silver Creek Village 55+ Senior Apartments | One Bedroom | 1BR,1BA | $1.57 |
Woodale Crossing | 1x1 | 1BR,1BA | $1.20 |
Glen Hills Apartments | 1 Bedroom (649 sq ft) | 1BR,1BA | $2.06 |
Sycamore Place | SP0-1P | Studio ,1BA | $2.24 |
Quick 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.
Best Local Schools in Graceland, Milwaukee, WI
School data provided by Great Schools
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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 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.

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.

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.