5510 N 34th St
MilwaukeeWI53209
Cheap Homes for Rent in Graceland Neighborhood of Milwaukee, WI from $800 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Graceland area of Milwaukee.
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.
5226 N 38th
MilwaukeeWI53209
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.
5253 N 34th St
MilwaukeeWI53209
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Graceland, Milwaukee, WI Local Guide
How much does it cost to rent a home in Graceland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Graceland 2 Bedroom Homes for Rent | $1,277 | $995 | $1,500 |
| Graceland 3 Bedroom Homes for Rent | $1,650 | $1,250 | $1,950 |
| Graceland 4 Bedroom Homes for Rent | $2,110 | $1,225 | $2,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 3 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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Best Value Apartments for Rent in Graceland, WI
As of June 21, 2026 the best value apartment in the Graceland area is the $1.44 price per square foot 2B2 Model at Presidio Square Apartments in the in the Far Northwest Side neighborhood starting from $1,725. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Presidio Square Apartments | 2B2 | 2BR,2BA | $1.44 |
| 5854 N 64th St, Unit Lower | 5854 N 64th St | 3BR,1BA | $1.15 |
| 5416 N 53rd St, Unit 5416 N 53rd Street | 5416 N 53rd St | 3BR,1BA | $1.47 |
| 5321 N 53rd St, Unit UPPER DUPLEX FOR RENT – AVAILABLE NOW! | 5321 N 53rd St | 2BR,1BA | $1.21 |
| Silver Creek Village 55+ Senior Apartments | One Bedroom | 1BR,1BA | $1.43 |
| Edison School Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.50 |
| 7005 N Teutonia Ave, Unit 7005 N Teutonia Ave | 7005 N Teutonia Ave | 2BR,1BA | $1.23 |
| Aspenwood Glen Senior Apartments | 11A-60 | 1BR,1BA | $1.38 |
| Woodale Crossing | 1 Bedroom | 1BR,1BA | $1.52 |
| Bradley I and II | 1B1B | 1BR,1BA | $1.62 |
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 Article
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.
Read ArticleQuick Rent Budget Calculator
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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 LifestyleGraceland, Milwaukee, WI
Ranked #134
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Graceland, Milwaukee, WI
School data provided by Great Schools
Frequently Asked Questions about Graceland
What type of rentals are currently available in Graceland?
There are currently 165 Apartments for Rent in Graceland, WI with pricing that ranges from $608 to $5,030. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Graceland ranging from $898 to $2,995.
What is the current price range for Rental Homes in Graceland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Graceland ranges from $898 to $2,995 with an average monthly rent of $1,496.
How much are larger Three and Four Bedroom Rentals in Graceland?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Graceland range from $1,150 to $4,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $1,950. Four Bedroom Single-Family rentals are also available starting from $1,225 and Four Bedroom Apartments start at $2,495.
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.
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
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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.