Rent is lower than in 52% of U.S. cities. A typical house costs about 3.4 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $64,600 a year. That is $31 an hour at a full-time job.
Is rent cheaper than other Wisconsin cities?
No. Rent here is more expensive than in most of Wisconsin. It is number 114 of 156 cities from cheapest to most expensive.
How much do households earn in Grafton?
Share of households by yearly income. 32.3% of households earn $100,000 or more.
Rent by apartment size in Grafton
| Size | Grafton | U.S. average |
|---|---|---|
| 1 bedroom | $1,245 | $1,324 |
| 2 bedrooms | $1,416 | $1,509 |
| 3 bedrooms | $1,808 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Grafton overall?
Everyday prices in Wisconsin overall are 6% below the U.S. average (index 94.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Grafton, so the Wisconsin figure is shown.
Taxes and bills in Grafton
Life in Grafton
Is it cheaper to rent or buy in Grafton?
Renting is cheaper right now: about $666 a month less.
Owning assumes a typical $328,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $32,880 for the down payment.
Frequently asked questions
What is the average rent in Grafton, WI?
Renting in Grafton costs a median of about $1,615 a month in 2026, including utilities. The Wisconsin median is $1,305.
How much do I need to make to live in Grafton?
To keep rent under 30% of income, you need about $64,600 a year, or $31 an hour at a full-time job.
Is Grafton cheap or expensive?
Grafton is rated Cheap: rent takes 20.0% of the typical household income of $96,915. It ranks 114th cheapest of 156 Wisconsin cities we track.
How much are property taxes in Grafton?
The median homeowner in Grafton pays $4,360 a year in property taxes, about 1.33% of the median home value.
Is Grafton more expensive than the national average?
Overall prices in Wisconsin are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Grafton?
The median home value in Grafton is $328,800, about 3.4 times the typical yearly household income.
12,445 people live in Grafton. Numbers are typical (middle) values.