
Cheap Homes for Rent in Mequon, WI from $500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Mequon.


4572 N 38th St

6011 W Port Ave
An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters
Discover Milwaukee apartment living from Downtown lofts to affordable suburban homes. We detail neighborhoods near the four major employment hubs: urban, leafy, and everything in between.

4175 N 91st St

7701 W Hampton Ave

W59N408 Hilbert Ave, Unit W59 N410 - Upper
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

9096 N Park Plaza Ct
Mequon, WI Local Guide

How much does it cost to rent a home in Mequon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mequon 2 Bedroom Homes for Rent | $1,479 | $950 | $2,199 |
| Mequon 3 Bedroom Homes for Rent | $2,047 | $1,395 | $3,800 |
| Mequon 4 Bedroom Homes for Rent | $2,142 | $1,498 | $4,595 |
| Mequon 5 Bedroom Homes for Rent | $4,566 | $3,300 | $5,200 |
| Mequon 7 Bedroom Homes for Rent | $3,175 | $3,175 | $3,175 |
Browse Top Homes for Rent in Mequon
Explore Mequon
Mequon, WI Local Guide
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Cheapest Available Mequon Apartments for Rent
 The cheapest available apartment rental in Mequon, WI is a 1 Bed unit found at Aspen Crossing in the River View neighborhood priced from $740. Brook Lane in the Brown Deer Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $759. Here is today’s list of the most affordable Mequon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aspen Crossing | One Bedroom | 1BR,1BA | $740 |
| Brook Lane | 0BD 1BTH A 60% | Studio,1BA | $759 |
| GARDEN TERRACE SENIOR APARTMENTS | Studio | Studio,1BA | $774 |
Best Value Apartments for Rent in Mequon, WI
As of August 21, 2026 the best value apartment in the Mequon area is the $1.42 price per square foot 3B2.5B Model at Encore Living at Mequon Town Center in the starting from $3,000. The second greatest value Mequon apartment is the C4/C4* Model at Village 43 starting at $1,895 with a $1.53 price per square foot in the Brown Deer Park neighborhood. Here is today’s list of the best values for Mequon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Encore Living at Mequon Town Center | 3B2.5B | 3BR,2.5BA | $1.42 |
| Village 43 | C4/C4* | 2BR,2BA | $1.53 |
| Hunter's Ridge Apartments | 2 Bed - 1 Bath | 2BR,1BA | $1.38 |
| Cedar Edge Apartments | 2 BR | 2BR,1.5BA | $1.35 |
| Glenbrook Apartments | 2x2 | 2BR,2BA | $1.15 |
| Williamsburg Flats | 2 Bathroom 1 Bathroom | 2BR,1BA | $1.36 |
| Algonquin Manor Senior Apartment Homes | 1 Bed 1 BA 701 Sq Ft | 1BR,1BA | $1.43 |
| GARDEN TERRACE SENIOR APARTMENTS | Studio | Studio ,1BA | $1.24 |
| Brook Lane | 0BD 1BTH A 60% | Studio ,1BA | $1.27 |
| Aspen Crossing | One Bedroom | 1BR,1BA | $1.49 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Mequon, WI
Oriole Lane Elementary School
Lake Shore Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mequon, WI Rentals by Map
See the most popular apartments and homes in Mequon, WI
Frequently Asked Questions about Mequon
What type of rentals are currently available in Mequon?
There are currently 174 Apartments for Rent in Mequon, WI with pricing that ranges from $490 to $5,236. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mequon ranging from $550 to $5,200.
What is the current price range for Rental Homes in Mequon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mequon ranges from $550 to $5,200 with an average monthly rent of $2,023.
How much are larger Three and Four Bedroom Rentals in Mequon?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mequon range from $950 to $4,495, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,498 and Four Bedroom Apartments start at $1,350.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters
Written by: Tim Brown
Having grown up in Milwaukee and lived in Waukesha for several years, I have come to realize that the Milwaukee metro area offers diverse employment and housing opportunities.

A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, Milwaukee's neighborhoods have been home to friends and family for years.

The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, many of the Milwaukee neighborhoods profiled here have been home to friends and family.

Finding The Best Affordable Milwaukee Neighborhoods to Rent
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then just blocks outside the border, many Milwaukee neighborhoods have been home to friends and family for many years.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.