Cheap Apartments for Rent in Pewaukee, WI from $500 (116 Rentals)

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Search the lowest-cost Apartments available for rent right now in Pewaukee.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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310-332 Morris St
2 Bedroom Apartments

310-332 Morris St

310-332 Morris StPewaukee, WI 53072
  • Utilities Included
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1384 Sunnyridge Road
1 to 2 Bedroom Apartments

1384 Sunnyridge Road

1301 Sunnyridge RdPewaukee, WI 53072
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141-153 Morris St
2 Bedroom Apartments

141-153 Morris St

141-153 Morris StPewaukee, WI 53072

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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301 Morris St
2 Bedroom Apartments

301 Morris St

301 Morris StPewaukee, WI 53072
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1381 Meadowcreek
2 Bedroom Apartments

1381 Meadowcreek

1348 Sunny Ridge RdPewaukee, WI 53072
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357 Morris
2 to 3 Bedroom Apartments

357 Morris

357 Morris StPewaukee, WI 53072
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Pewaukee, WI Local Guide

Cheapest Neighborhoods for Apartments in Pewaukee, WI

Pricing Updated: 07/15/2026

Current apartment rentals in the Pewaukee, WI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Pewaukee Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Still Meadow$3,438$1,26555

Cheapest Available Pewaukee Apartments for Rent

 

The cheapest available apartment rental in Pewaukee, WI is a 1 Bed unit found at Bristol Courts Low Income Senior/Family in the Eastern Waukesha neighborhood priced from $827. Main Street Plaza Apartments in the Spring Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here is today’s list of the most affordable Pewaukee apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bristol Courts Low Income Senior/Family1 Bedroom1BR,1BA$827
Main Street Plaza ApartmentsStudioStudio,1BA$1,000
1710 Elder St. (10 Unit)1/11BR,1BA$1,095
Foxbrook Senior ApartmentsOne Bedroom1BR,1BA$1,154
Waukesha County HousingHartland 1 Bedroom1BR,1BA$1,200
Rivers Edge ApartmentsA1BR,1BA$1,215
Monterey ApartmentsOne Bedroom Large1BR,1BA$1,260
Summit Lake Apartments and Townhomes1 Bedroom 1 Bathroom - Upper - Off Lake1BR,1BA$1,300
Colonial Manor 224 Hill Court2 Bedrooms, 1 Bathroom2BR,1BA$1,300
Sunnyslope Estates2 Bedroom2BR,1BA$1,350

Best Value Apartments for Rent in Pewaukee, WI

As of July 16, 2026 the best value apartment in the Pewaukee area is the $1.12 price per square foot Upper Unit Model at Hawthorne Place Apartments in the in the Five Fields neighborhood starting from $1,825. The second greatest value Pewaukee apartment is the Two Bedroom One Bath - Upper Model at Fox River Preserve II starting at $1,999 with a $1.46 price per square foot in the Spring Hills neighborhood. Here is today’s list of the best values for Pewaukee apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hawthorne Place ApartmentsUpper Unit3BR,2BA$1.12
Fox River Preserve IITwo Bedroom One Bath - Upper2BR,1BA$1.46
Milestone Properties2/1.52BR,1.5BA$1.29
Maple Court ApartmentsCondo - Upper2BR,2BA$1.29
Mapleview ApartmentsA1072BR,2BA$1.50
Colonial Manor 224 Hill Court2 Bedrooms, 1 Bathroom2BR,1BA$1.37
Willow CreekSaffron1BR,1BA$1.56
Sunnyslope Estates2 Bedroom2BR,1BA$1.49
Monterey ApartmentsOne Bedroom Large1BR,1BA$1.46
Bristol Courts Low Income Senior/Family1 Bedroom1BR,1BA$1.38

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.

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Real 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.

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Quick 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.

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Pewaukee, WI

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Pewaukee, WI Rentals by Map

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Frequently Asked Questions about Cheap Pewaukee Apartments

What is the Cheapest Studio apartment in Pewaukee?

Currently the most affordable Cheap Studio Apartment in Pewaukee is at Main Street Plaza Apartments listed at $1,000.

How much is rent for a Cheap One Bedroom Pewaukee Apartment?

The lowest price for a Cheap One Bedroom Pewaukee Apartment is $827 at Bristol Courts Low Income Senior/Family.

What is the lowest price for a Cheap Two Bedroom Pewaukee Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Pewaukee is starting from $872 at Bristol Courts Low Income Senior/Family.

What is the most affordable Pewaukee Three Bedroom Apartment?

The best deal on a cheap Pewaukee Three Bedroom Apartment rental is at Bristol Courts Low Income Senior/Family and starts from $1,154.

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

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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.

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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.

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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.

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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.

Articles, How-To's, and Tips

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.