
Cheap Homes for Rent in Pewaukee, WI from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Pewaukee.


817 Arcadian Ave

760 W Wisconsin Ave, Unit 2

9129 W National Ave

2045 N 86th St
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.

N64W24148 Main St, Unit Upper

7650 W Leon Terrace

415 N East Ave, Unit 415

W246N6713 Champeny Ct

5824 N 117th St
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.

616 Maple Ave, Unit Lower
Pewaukee, WI Local Guide

How much does it cost to rent a home in Pewaukee?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pewaukee 2 Bedroom Homes for Rent | $1,517 | $1,099 | $2,500 |
| Pewaukee 3 Bedroom Homes for Rent | $2,339 | $1,550 | $3,450 |
| Pewaukee 4 Bedroom Homes for Rent | $3,310 | $3,000 | $3,500 |
| Pewaukee 5 Bedroom Homes for Rent | $4,300 | $4,300 | $4,300 |
Browse Top Homes for Rent in Pewaukee
Explore Pewaukee
Pewaukee, WI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bristol Courts Low Income Senior/Family | 1 Bedroom | 1BR,1BA | $827 |
| Main Street Plaza Apartments | Studio | Studio,1BA | $1,000 |
| Foxbrook Senior Apartments | One Bedroom | 1BR,1BA | $1,154 |
| Hartwell Place Apartments | One Bedroom | 1BR,1BA | $1,225 |
| Monterey Apartments | One Bedroom Large | 1BR,1BA | $1,260 |
Best Value Apartments for Rent in Pewaukee, WI
As of June 14, 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 N58W23983 Hastings Ct Model at N58W23983 Hastings Ct, Unit 801 starting at $1,495 with a $1.20 price per square foot in the Eastern Waukesha neighborhood. Here is today’s list of the best values for Pewaukee apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hawthorne Place Apartments | Upper Unit | 3BR,2BA | $1.12 |
| N58W23983 Hastings Ct, Unit 801 | N58W23983 Hastings Ct | 2BR,2BA | $1.20 |
| Maple Court Apartments | Condo - Upper | 2BR,2BA | $1.29 |
| Milestone Properties | 2/1.5 | 2BR,1.5BA | $1.29 |
| Quail Pointe Apartment Homes | 2 Bedroom / 1 Bathroom | 2BR,1BA | $1.14 |
| Maple Creek Associates, LLC | **LOWER 2BED 1BATH- VERY SPACIOUS- NEWLY UPDATE... | 2BR,1BA | $1.35 |
| Colonial Manor 224 Hill Court | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.37 |
| Kimberly Place Apartments | 2 BD / 1 BA - 900sf 430Building | 2BR,1BA | $1.43 |
| Monterey Apartments | One Bedroom Large | 1BR,1BA | $1.46 |
| Bristol Courts Low Income Senior/Family | 1 Bedroom | 1BR,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.
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 Pewaukee, WI
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Pewaukee, WI Rentals by Map
See the most popular apartments and homes in Pewaukee, WI
Frequently Asked Questions about Pewaukee
What type of rentals are currently available in Pewaukee?
There are currently 221 Apartments for Rent in Pewaukee, WI with pricing that ranges from $510 to $5,685. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pewaukee ranging from $1,099 to $4,300.
What is the current price range for Rental Homes in Pewaukee?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pewaukee ranges from $1,099 to $4,300 with an average monthly rent of $2,866.
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

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.

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.

A Local Experts 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.

An Insiders 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

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.