Waterfair Apartments

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(414) 667-6581
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10499 W Innovation Dr, Milwaukee, WI 53226

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Waterfair Apartments

10499 W Innovation Dr
Milwaukee, WI 53226
(414) 667-6581
Waterfair Apartments in Milwaukee, WI - Building Photo
  • Studio–2 Bedrooms
  • $890-$2,115Pricing
  • 344–1,309Square Feet

About Waterfair Apartments

**OPENING JUNE 2026** Waterfair Apartments is a newly constructed community with unique studio, one and two-bedroom floorplans. We are conveniently located on the corner of Highway 100 and Watertown Plank Road, near the Medical College of Wisconsin, Milwaukee Regional Medical Center, the Milwaukee County Research Park, and downtown Wauwatosa. Ideal location and affordability for students at the Medical College of Wisconsin or those working at the Milwaukee Regional Medical Center. Special discount available to Medical College of Wisconsin MD students. Call or email to schedule your tour. Waterfair is an apartment community located in Milwaukee County and the 53226 ZIP Code. This area is served by the Wauwatosa School District attendance zone.

Waterfair Apartments is located in the Wauwatosa West Allis Neighborhood and 53226 Zip code of Milwaukee, WI. This community is professionally managed by Oakbrook Corporation

Property Contact Info

Floorplan Pricing and Availability

Waterfair Apartments offers Studio to 2 Bedroom apartments starting from $890 and having 344–1,309 sq ft. Here is the current pricing and availability:

  • Studio

    Floorplan A6

    From $890

    Studio, 1 Bath, 344-345 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $890Available NowA6344-345 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • Smoke Detector
    • Tenant Controlled HVAC
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $890 - $990

    Floorplan A1

    From $950

    Studio, 1 Bath, 360-362 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $950Available NowA1360-362 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • Smoke Detector
    • Tenant Controlled HVAC
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $950 - $1,050

    Floorplan A2

    From $1,040

    Studio, 1 Bath, 402 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,040Available NowA2402 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • Smoke Detector
    • Tenant Controlled HVAC
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $1,040 - $1,140

    Floorplan A5

    From $1,100

    Studio, 1 Bath, 449 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,100Available NowA5449 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • Smoke Detector
    • Tenant Controlled HVAC
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $1,100 - $1,200

    Floorplan A4

    From $1,215

    Studio, 1 Bath, 481 sq ft
    Available Now
    Largest StudioThis is the largest Studio at this Property

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,215Available NowA4481 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • Smoke Detector
    • Tenant Controlled HVAC
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $1,215 - $1,315
  • 1 Bedroom

    Floorplan B3

    From $1,215

    1 Bed, 1 Bath, 491 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,215Available NowB3491 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • Smoke Detector
    • Tenant Controlled HVAC
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $1,215 - $1,315

    Floorplan B1

    From $1,390

    1 Bed, 1 Bath, 678-693 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,390Available NowB1678-693 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • Smoke Detector
    • Tenant Controlled HVAC
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $1,390 - $1,490

    Floorplan B2

    From $1,390

    1 Bed, 1 Bath, 691-702 sq ft
    Available Now
    Largest 1 BedroomThis is the largest 1 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,390Available NowB2691-702 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • Smoke Detector
    • Tenant Controlled HVAC
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $1,390 - $1,490
  • 2 Bedrooms

    Floorplan A3

    From $1,215

    2 Beds, 1 Bath, 535 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,215Available NowA3535 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • Smoke Detector
    • Tenant Controlled HVAC
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $1,215 - $1,315

    Floorplan C1

    From $2,015

    2 Beds, 2 Baths, 1181-1283 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $2,015Available NowC11181-1283 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • Smoke Detector
    • Tenant Controlled HVAC
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $2,015 - $2,115

    Floorplan C2

    From $2,015

    2 Beds, 2 Baths, 1308 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $2,015Available NowC21308 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • Smoke Detector
    • Tenant Controlled HVAC
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $2,015 - $2,115

    Floorplan C3

    From $2,015

    2 Beds, 2 Baths, 1309 sq ft
    Available Jul 1
    Largest 2 BedroomThis is the largest 2 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $2,015July 1, 2026C31309 sq ft$500

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • Smoke Detector
    • Tenant Controlled HVAC
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $2,015 - $2,115

    Deposit

    • $500 deposit
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (414) 667-6581 to schedule a tour.

Property Information

  • 146 Units
  • 8 Stories
  • Built in 2026

Lease Terms

  • 12 mo

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

Other Fees and Policies

Pet Fees

Cat

Pet DepositiMax of 2. Charged Per Pet.$300
Monthly Pet FeeiMax of 2. Charged Per Pet.$40/mo
Pet interview, Spayed/Neutered
Comments:

Max of 2.

Dog

Pet DepositiMax of 2. Charged Per Pet.$300
Monthly Pet FeeiMax of 2. Charged Per Pet.$40/mo
Pet interview, Spayed/Neutered
Restrictions:

Standard insurance breed restrictions.

Comments:

Max of 2.

Parking Info and Fees

Surface Loti1st Spot is $252nd Spot is $65
  • 1 Max

Storage

Storage Unit

    Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

    Features and Amenities

    On-Site Services

    • Maintenance On Site
    • Property Manager On Site
    • 24 Hour Access

    Community Features

    • Conference Rooms
    • Lounge
    • Clubhouse
    • Elevator

    Recreation and Fitness

    • Fitness Center
    • Media Center/Movie Theatre
    • Bicycle Storage

    Interior Features

    • Tenant Controlled Hvac
    • Smoke Detector
    • Heating
    • Tub/Shower
    • Washer/Dryer
    • Air Conditioning

    Kitchen Amenities

    • Dishwasher
    • Oven
    • Disposal
    • Stainless Steel Appliances
    • Kitchen
    • Range
    • Refrigerator

    Student Features

    • Study Lounge
    Google Map

    Map

    10499 W Innovation Dr, Milwaukee, WI 53226

    Hours and Contact Info

    Call Us - Open Now!
    Currently Closed
    By Appointment
    Monday8:00 am–4:30 pm
    Tuesday8:00 am–4:30 pm
    Wednesday8:00 am–4:30 pm
    Thursday8:00 am–4:30 pm
    Friday8:00 am–4:30 pm
    SaturdayClosed
    SundayClosed

    Frequently Asked Questions about Waterfair Apartments

    Where is Waterfair Apartments located?

    Waterfair Apartments is located at 10499 W Innovation Dr near the Wauwatosa West Allis area of Milwaukee, WI

    What is the current rent range at Waterfair Apartments?

    Studio to 2 Bedroom Apartments at Waterfair Apartments currently range from $890 to $2,115

    When is the leasing office open?

    • The office Hours for Waterfair Apartments are
    • Monday 8:00 am–4:30 pm
    • Tuesday 8:00 am–4:30 pm
    • Wednesday 8:00 am–4:30 pm
    • Thursday 8:00 am–4:30 pm
    • Friday 8:00 am–4:30 pm
    • Saturday Closed
    • Sunday Closed

    Are pets allowed?

    Call us today to find out our pet policy and if we allow pets

    Lifestyle Ratings

    • Affordability Nice Value3.2

      The Waterfair Apartments Apartments are 30.07% cheaper than the average apartment in the Wauwatosa West Allis area, and 32.77% cheaper than the average apartment city-wide.

      Rent Comparison to the Wauwatosa West Allis Neighborhood

      FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
      Studio$890$1,393-$503-36.1%
      1 Bedroom$1,215$1,503-$288-19.2%
      2 Bedroom$1,215$1,867-$652-34.9%

      Rent Comparison to the city of Milwaukee

      FloorplanLowest Price HereCity Average RentCost Difference%
      Studio$890$1,325-$435-32.8%
      1 Bedroom$1,215$1,592-$377-23.7%
      2 Bedroom$1,215$2,088-$873-41.8%

      Methodology: On 03/12/2026, ApartmentHomeLiving.com compared current rents by floorplan to 1521 other apartment communities in the immediate area around Waterfair Apartments (Wauwatosa West Allis), and 4610 other apartment communities in Milwaukee using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

      Rent Pricing Data as of 03/12/2026

    Learn more about Lifestyle Search

    Renters Reviews and Ratings

    3.0
    0 Renters Reviews
    ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

    Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

    Points of Interest

    Time and distance from Waterfair Apartments.

    Arts Museums and Landmarks

    Pabst Mansion

    2000 West Wisconsin Avenue
    12 minute drive / 5.65 miles away

    Milwaukee Repertory Theatre

    108 East Wells Street
    15 minute drive / 7.01 miles away

    Oriental Theater

    2230 North Farwell Avenue
    18 minute drive / 8.4 miles away

    Big Box and Retail

    Target

    12725 W Bluemound Rd
    3 minute drive / 1.14 miles away

    Meijer

    11111 W Burleigh St
    4 minute drive / 2.32 miles away

    Aldi

    12120 W Burleigh St
    5 minute drive / 2.6 miles away

    Colleges and Universities

    Medical College Of Wisconsin

    8701 Watertown Plank Road
    3 minute drive / 1.27 miles away

    Wisconsin Lutheran College

    8800 W Bluemound Rd
    4 minute drive / 1.41 miles away

    Milwaukee Area Technical College - West Allis Campus

    1200 South 71st Street
    6 minute drive / 2.85 miles away

    Groceries

    Trader Joe's

    12665 W Bluemound Rd
    3 minute drive / 1.06 miles away

    Sendik's Food Market

    8616 W North Ave
    4 minute drive / 2.09 miles away

    Meijer

    11111 W Burleigh St
    4 minute drive / 2.32 miles away

    Hospitals

    Milwaukee County Behavioral Health Division

    9455 W Watertown Plank Rd
    3 minute drive / 1.01 miles away

    Froedtert Memorial Lutheran Hospital

    9200 W Wisconsin Ave
    3 minute drive / 1.15 miles away

    Childrens Hospital Of Wisconsin

    9000 W Wisconsin Ave
    3 minute drive / 1.28 miles away

    Military Bases

    US Air Force Reserve

    22 minute drive / 10.38 miles away

    Wisconsin Air National Guard

    22 minute drive / 10.68 miles away

    Parks and Recreation

    Mitchell Park Conservatory

    524 S. Layton Blvd.
    11 minute drive / 5.27 miles away

    Boerner Botanical Gardens

    9400 Boerner Dr.
    15 minute drive / 7.16 miles away

    Havenwoods State Forest

    6141 N. Hopkins Street
    15 minute drive / 7.42 miles away

    Waterfair Apartments has 5 parks within 9.8 miles, including Mitchell Park Conservatory, Boerner Botanical Gardens, Havenwoods State Forest, Lake Park, and Brown Deer Park.

    Shopping Centers

    Promenade Shopping Center

    801-861 N Mayfair Rd
    1 minute drive / 0.1 miles away

    Pick N Save Center

    W Walnut Rd
    2 minute drive / 0.94 miles away

    Underwood Crossing

    12821 W Bluemound Rd
    3 minute drive / 1.14 miles away

    Waterfair Apartments has 5 shopping centers within 1.4 miles.

    Nearby Neighborhoods

    Studio to 3 Bedroom Apartments from $890
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    Studio to 3 Bedroom Apartments from $890
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    Studio to 4 Bedroom Apartments from $550
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    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Milwaukee Studio Apartments $1,325$675$5,171
    Milwaukee 1 Bedroom Apartments $1,592$474$5,345
    Milwaukee 2 Bedroom Apartments $2,088$559$9,127
    Milwaukee 3 Bedroom Apartments $2,691$570$10,000+
    Milwaukee 4 Bedroom Apartments $2,620$870$10,000+
    Milwaukee 5 Bedroom Apartments $7,375$2,750$10,000+

    Browse Top Apartments in Milwaukee

    Viewing: Waterfair Apartments | Desktop Version | Listing Updated: 03/12/2026