Cheap Apartments for Rent in Pewaukee, WI from $558 (123 Rentals)

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

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.

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310-332 Morris St
2 Bedroom Apartments

310-332 Morris St

310-332 Morris StPewaukee, WI 53072
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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
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301 Morris St
2 Bedroom Apartments

301 Morris St

301 Morris StPewaukee, WI 53072

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.

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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
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A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Uncover Milwaukee's affordable, vibrant neighborhoods and down-to-earth charm. Get a local expert's take on the city's renaissance, favorite traditions, and famous Gemütlichkeit (cozy spirit).

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Check Out Milwaukee’s Best Affordable Neighborhoods

Learn about Milwaukee and the best places to live with original content written by our Local Expert Tim Brown

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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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Showing Results 1-50, Page 1 of 3

Pewaukee, WI Local Guide

Cheapest Neighborhoods for Apartments in Pewaukee, WI

Pricing Updated: 08/30/2026

Current apartment rentals in the Pewaukee, WI area range in price from $1,055 to $3,732 with an overall median price of $1,817. Here is today’s list neighborhoods with the lowest median pricing for Pewaukee Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Still Meadow$1,817$1,05544

Cheapest Available Pewaukee Apartments for Rent

 

The cheapest available apartment rental in Pewaukee, WI is a 1 Bed unit found at Capitol Hill Senior Apartments in the Capitol Drive Garden Acres neighborhood priced from $689. Breezewood Village II in the Hartridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Pewaukee apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Capitol Hill Senior Apartments1 Bedroom 1 Bath1BR,1BA$689
Breezewood Village II1BR1BR,1BA$695
Bristol Courts Low Income Senior/Family1 Bedroom1BR,1BA$827
316 - 320 Maple Ave 6 Unit0BR/1.0BAStudio,1BA$875
Springdale ApartmentsB1 - 1x11BR,1BA$1,125
Foxbrook Senior ApartmentsOne Bedroom1BR,1BA$1,154
Valley Forge Apartments2 Bed One Bath2BR,1BA$1,195
Waukesha County HousingHartland 1 Bedroom1BR,1BA$1,200
Stonegate Apartments3 Bedroom 2 Bath3BR,2BA$1,239
Riverwalk ApartmentsB1BR,1BA$1,250

Best Value Apartments for Rent in Pewaukee, WI

As of August 30, 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 1 Bedroom 2 Bath_Loft Model at FOX RIVER PRESERVE starting at $1,810 with a $1.43 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 PRESERVE1 Bedroom 2 Bath_Loft1BR,2BA$1.43
Maple Court ApartmentsCondo - Upper2BR,2BA$1.29
Milestone Properties2/1.52BR,1.5BA$1.29
Stonegate Apartments3 Bedroom 2 Bath3BR,2BA$1.12
Valley Forge Apartments2 Bed One Bath (Newly Remodeled)2BR,1BA$1.40
Monterey ApartmentsTwo Bed Two Bath A2BR,2BA$1.44
Capitol Hill Senior Apartments1 Bedroom 1 Bath1BR,1BA$0.96
Bristol Courts Low Income Senior/Family1 Bedroom1BR,1BA$1.38
Breezewood Village II1BR1BR,1BA$1.16

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:
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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 316 - 320 Maple Ave 6 Unit listed at $875.

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

The lowest price for a Cheap One Bedroom Pewaukee Apartment is $689 at Capitol Hill Senior Apartments.

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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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.

decorative image for A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit article

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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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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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

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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.

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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.

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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.

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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.