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Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.

Grafton, WI Rental Market Trends

Highlights

The average rent for an apartment in Grafton is $1,063, a 1% decrease compared to the previous year, when the average rent was $1,074.

Average Rent in Grafton, WI

Last updated March 2021
Average Rent Y-o-Y Change Average Apartment Size
$1,063 -1% 1,288 sq. ft.

The average size for a Grafton, WI apartment is 1,288 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Grafton, WI Apartment Rent Ranges

  • $701-$1,00032%
  • $1,001-$1,50064%
  • $1,501-$2,0004%

Grafton, WI Occupied Housing Units

  • Renter-occupied Households35%
  • Owner-occupied Households64%

1,834 or 35% of the households in Grafton, WI are renter-occupied while 3,393 or 64% are owner-occupied.

Grafton, WI Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Mar / 2021
Grafton, WI $984 $984 $1,036 $1,051 $1,070 $1,074 $1,063 $1,068 $1,063
National $1,311 $1,342 $1,351 $1,356 $1,388 $1,395 $1,397 $1,389 $1,392
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How Grafton Compares to Other Cities

Average Rent Y-o-Y Change
Madison $1,297 2%
Milwaukee $1,207 1%
Brookfield $1,305 5%
Racine $845 3%
Kenosha $1,067 3%
Mequon $1,857 -2%
Brown Deer $1,116 2%
Cedarburg $1,051 -4%
Greenfield $997 2%
Menomonee Falls $1,290 -1%
Grafton $1,063 -1%

For more information about the Grafton rental trends, check out our monthly rent report

Check out Wisconsin Cities, Wisconsin Neighborhoods and Wisconsin Zip Codes for more details on verified listings, including the Wisconsin Average Rent.

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Grafton apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.