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Rental Market Trends in Grafton, WI

What is the average rent in Grafton, WI?

$1,432/month

Average Rent

740 Sq Ft

Average Apartment Size

+7.8%

Increase in the Last Year

As of April 2026, the average rent in Grafton, WI is $1,432 per month. For comparison, the national average rent price in the US is currently $1,641/month, which means Grafton rent prices are 13% lower than the national average. When you rent an apartment in Grafton, you can expect to pay about $1,295 per month for a studio, $1,432 for a one-bedroom apartment, and around $1,930 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,085 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,295/month
622 Sq Ft
One Bedroom
$1,432/month
740 Sq Ft
Two Bedroom
$1,930/month
1,111 Sq Ft
Three Bedroom
$2,085/month
1,513 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Grafton, WI?

In the past year, rent has increased by 7.8%, which averages out to $113 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Grafton, WI
Last Updated April 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Grafton, WI
Percentage*
Rent Range
0% Below $700/month
31% $700 - $1,000/month
31% $1,001 - $1,500/month
15% $1,501 - $2,000/month
23% Above $2,000/month

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

Because the average rent in Grafton is $1,432, you’ll want to make about $4,773 per month or $57,276 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

94 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.

Explore the Area Guide for Grafton, WI

Apartment Averages

Nearby City Rent Trends

  • Cedarburg Average Rent
  • Port Washington Average Rent
  • Mequon Average Rent
  • Germantown Average Rent
  • Brown Deer Average Rent

Apartment communities in Grafton we think you'll love

Seasons at Grafton

Seasons at Grafton

1921 Seasons Way,
Grafton, WI 53024

$1,895 - $3,759

Studio - 3 Beds

2185 on Wisconsin Townhomes

2185 on Wisconsin Townhomes

2185 Wisconsin Ave,
Grafton, WI 53024

$2,695

2 Beds

HILLSIDE ESTATES

HILLSIDE ESTATES

1802 E Sauk Rd,
Grafton, WI 53024

$1,415 - $1,745

1-2 Beds

High Bluff Townhomes

High Bluff Townhomes

2212 New Port Vista Dr,
Grafton, WI 53024

$1,600 - $4,985

1-3 Beds

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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 February 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