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


1034 S 19th St

905 S 21st 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.

1019 S 22nd St

2218 N Rapids Rd

9097 N 95th 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.

138 Brush St
Waldo, WI Local Guide

How much does it cost to rent a home in Waldo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waldo 2 Bedroom Homes for Rent | $1,290 | $500 | $1,950 |
| Waldo 3 Bedroom Homes for Rent | $2,122 | $1,225 | $4,950 |
| Waldo 4 Bedroom Homes for Rent | $1,950 | $1,500 | $2,400 |
Browse Top Homes for Rent in Waldo
Explore Waldo
Waldo, WI Local Guide
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Cheapest Available Waldo Apartments for Rent and Nearby
 The cheapest available apartment rental in Waldo, WI is a 1 Bed unit found at Berkshire Sheboygan Riverfront in the Cooper neighborhood priced from $475. Badger State Lofts in the Cooper neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here is today’s list of the most affordable Waldo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Berkshire Sheboygan Riverfront | Senior 55+ - 1A | 1BR,1BA | $475 |
| Badger State Lofts | 1 Bedroom, 1 Bath (60% Income Restrictions Apply) | 1BR,1BA | $899 |
| The Club at Oak Creek | 1BR/1.0BA | 1BR,1BA | $949 |
Best Value Apartments for Rent in Waldo, WI and Nearby
As of June 03, 2026 the best value apartment in the Waldo area is the $1.46 price per square foot Nature's Nook + Model at Whitetail Ridge at Elkhart Lake in the starting from $2,590. The second greatest value Waldo apartment is the Floor Plan C (Upper) Model at Ashford Place starting at $1,550 with a $1.30 price per square foot in the Pigeon River neighborhood. Here is today’s list of the best values for Waldo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Whitetail Ridge at Elkhart Lake | Nature's Nook + | 3BR,2.5BA | $1.46 |
| Ashford Place | Floor Plan C (Upper) | 2BR,2BA | $1.30 |
| Sheboygan Riverwalk Apartment Homes | Two Bedroom 828-102 | 2BR,1BA | $1.10 |
| Garton Toy Factory | 2 Bedroom 1 Bath | 2BR,1BA | $1.37 |
| Union Square | 2 Bed 1 Bath Lower | 2BR,1BA | $1.36 |
| Berkshire Sheboygan Falls Senior Apartments | Senior Affordable 144 | 2BR,1BA | $1.24 |
| Whispering Oak Apartments | 1 Bed, 1 Ba Upper, Int, Detached | 1BR,1BA | $1.47 |
| The Press Apartments | 1 Bedroom | 1BR,1BA | $1.39 |
| Badger State Lofts | 1 Bedroom, 1 Bath (60% Income Restrictions Apply) | 1BR,1BA | $1.27 |
| Gateway Apartments | One Bedroom | 1BR,1BA | $1.62 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Waldo, WI
Frequently Asked Questions about Waldo
What type of rentals are currently available in Waldo?
There are currently 48 Apartments for Rent in Waldo, WI with pricing that ranges from $479 to $2,650. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waldo ranging from $500 to $4,950.
What is the current price range for Rental Homes in Waldo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waldo ranges from $500 to $4,950 with an average monthly rent of $1,559.
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.
Articles, How-To's, and Tips

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.