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Rental Market Trends in Grafton, WI

Updated September 2026

The average rent in Grafton, WI is $1,563/month.

Rent in Grafton is roughly equal to the national average rent of of $1,664/month.

$1,563/month

Average Rent

782 Sq Ft

Average Size

+8.3%

Change / Year

201

Available Apartments

Grafton rent varies by unit size and layout:

  • Studio apartments in Grafton average $1,556 per month.
  • One-bedroom apartments in Grafton average $1,563 per month.
  • Two-bedroom apartments in Grafton average $2,140 per month.
  • Three-bedroom apartments in Grafton average $2,173 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,556/month
683 Sq Ft
One Bedroom
$1,563/month
782 Sq Ft
Two Bedroom
$2,140/month
1,125 Sq Ft
Three Bedroom
$2,173/month
1,511 Sq Ft
View Grafton Apartments

How much has average rent changed in Grafton, WI?

In the past year, rent has increased by 8.3%, which averages out to $130 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Grafton, WI

September 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Grafton, WI
Percentage*
Rent Range
0% Below $700/month
29% $700 - $1,000/month
21% $1,001 - $1,500/month
29% $1,501 - $2,000/month
21% Above $2,000/month

What salary do I need to live comfortably in Grafton, WI?

Because the average rent in Grafton is $1,563, you’ll want to make about $5,210 per month or $62,520 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Grafton, WI

201 Available Apartments for Rent

Search for Nearby Apartments

How does Grafton, WI compare to other nearby cities and neighborhoods?

Use the tool below to compare Grafton, WI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Grafton Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Cedarburg

    Cedarburg

    Avg Rent: $1,524/month

  • Saukville

    Saukville

    Avg Rent: $1,319/month

  • Port Washington

    Port Washington

    Avg Rent: $1,045/month

  • Mequon

    Mequon

    Avg Rent: $1,816/month

  • Bayside

    Bayside

    Avg Rent: $1,591/month

  • Germantown

    Germantown

    Avg Rent: $1,166/month

  • Brown Deer

    Brown Deer

    Avg Rent: $1,429/month

Apartment Communities in Grafton We Think You'll Love

Seasons at Grafton

Seasons at Grafton

1921 Seasons Way,
Grafton, WI 53024

Studio - 3 Beds | $1,635 - $5,510

Farmstead on Falls

Farmstead on Falls

1160 Falls Rd,
Grafton, WI 53024

Studio - 2 Beds | $1,615 - $2,905

2185 on Wisconsin Townhomes

2185 on Wisconsin Townhomes

2185 Wisconsin Ave,
Grafton, WI 53024

2 Beds | $2,695

HILLSIDE ESTATES

HILLSIDE ESTATES

1563 Harris Dr,
Grafton, WI 53024

1-2 Beds | $1,415 - $1,745

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Frequently Asked Questions

What is the average rent in Grafton?

The average rent in Grafton is $1,563 per month, which is 6.1% lower than the national average of $1,664.

Are rents going up or down in Grafton?

Rents in Grafton, WI are increasing, with prices up 8.3% year-over-year and $130 more per month.

What rent range is most common in Grafton?

In Grafton, WI, 29% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Wisconsin Grafton Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity