Welcome to Grafton Town Homes. We are located on the corner of Falls Rd and 1st Ave. Huge updated 1300 sq. ft. 3 bedroom 2 and 1/2 bath town home in residential Grafton. Our units are complete with refrigerator, stove, dishwasher, central air, washer/dryer hook-up in a Private basement. Tenant responsible for all utilities, including water bill. Unit is updated and will have all new flooring installed prior to move in. Small yard with patio, 2 assigned outdoor parking spaces, All new energy efficient windows and patio doors installed in 2020, Rent is $1950 per month. Security deposit is $1950. 12 month lease. Income requirements for this unit are 3 x the monthly rent for all sources of reportable income. Good credit and landlord references are also required. There is a $25 application fee Per adult applying to live in the unit. Tenant pays all utilities, including water. Interior photos are representative and may not be the actual unit available. Our tile and flooring finishes vary in each unit. Dishwasher, Washer/Dryer Hookups, Central Air, Private Basement, 2 1/2 Bath, Online Rent Payments, Stove/Range, Refrigerator & Garbage Disposal.

RentalSource last checked: June 12, 2026 · 4:59 AM ET

Managed by: Grafton Townhomes · (414) 358-2700 · Appfolio

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Property Summary

Property Type:	Townhouse
Rental Fee:	$1,950
Bedrooms:	3 beds
Bathrooms:	2.5 baths

Size:	1,250 sqft
Pet Friendly:	No
Listing Status:	Active
ID:	83805097

Property Amenities

• Air Conditioning

• Balcony/Patio

• Garbage Disposal

• Dishwasher

• Refrigerator

• Washer/Dryer In Unit

Community Features

• Parking

Additional Details

Townhouse for rent in Grafton for $1,950 with 3 beds, 2.5 baths, 1,250 sqft and located at 140 Falls Rd in Grafton, WI 53024. The rental price of $1,950 is 38.0% ($537) higher than the average rent of $1,413 for a 3 bedroom townhouse in Grafton, WI and 12.0% ($267) lower than the average rent of $2,217 for a 3 bedroom townhouse in Ozaukee County. 140 Falls Rd was advertised by Grafton Townhomes today at 4:59 AM ET.

Affordability Calculator

Can I afford to live at 140 Falls Rd?

Bedrooms

3 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$78,000 /year

With your chosen rent-to-income ratio, an annual income of $78,000 is recommended to comfortably afford this 3-bedroom rental priced at $1,950 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Townhouse for rent

$1,950

Rent Affordability Calculator

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Property managed by:

Grafton Townhomes
(414) 358-2700

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