
Cheap Apartments for Rent in Waukesha, WI from $500 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Waukesha.


Moreland North

331 W Main St

River Park Apartments

Berkshire at Kensington

Hillcrest Park
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.

The PaDDS Senior Living

847 Martin St

Maple Ave Apartments

Berkshire Sunset

Broadway Commons Apartment Homes

The PaDDS in Waukesha

The PaDDS at Pebble Valley

Pine Pointe Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Kimberly Place Apartments

332 W Broadway
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Meadow Ridge

Quail Pointe Apartment Homes
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Hidden Ponds Apartments
Waukesha, WI Local Guide

How much does it cost to rent an apartment in Waukesha?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Waukesha Studio Apartments | $1,552 | $1,050 | $2,802 |
Cheap Waukesha 1 Bedroom Apartments | $1,567 | $561 | $6,328 |
Cheap Waukesha 2 Bedroom Apartments | $2,007 | $1,045 | $7,018 |
Cheap Waukesha 3 Bedroom Apartments | $2,518 | $1,345 | $6,370 |
Browse Top Apartments in Waukesha
See all Apartments in WaukeshaExplore Waukesha
Waukesha, WI Local Guide

- Waukesha Neighborhoods
- Nearby Cities
- ZIP codes
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- School Districts
Cheapest Neighborhoods for Apartments in Waukesha, WI
Pricing Updated: 06/30/2025Current apartment rentals in the Waukesha, 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 Waukesha Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Downtown Waukesha | $1,989 | $865 | 25 |
Overlook Farms | $2,276 | $850 | 10 |
Westmoreland Grove | $2,609 | $850 | 64 |
Eastern Waukesha | $3,495 | $482 | 589 |
Cheapest Available Waukesha Apartments for Rent
 The cheapest available apartment rental in Waukesha, WI is a 1 Bed unit found at Quail Pointe Apartment Homes in the Five Fields neighborhood priced from $995. 234 W Main St 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 Waukesha apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Quail Pointe Apartment Homes | 1 Bedroom / 1 Bathroom | 1BR,1BA | $995 |
234 W Main St | Studio | Studio,1BA | $1,000 |
Berkshire at Kensington | 1 Bedroom A | 1BR,1BA | $1,034 |
Maple Ave Apartments | 1 bed/ 1 bath | 1BR,1BA | $1,050 |
1384 Sunnyridge Road | 1301-8 with garage, W&D/central air | 2BR,1BA | $1,189 |
Pine Pointe Apartments | 2bd | 2BR,1BA | $1,195 |
1381 Meadowcreek | 2 bedrooom/1 bath w/garage | 2BR,1BA | $1,199 |
Monterey Apartments | Two Bed Two Bath B | 2BR,2BA | $1,370 |
The Meadows Apartments | Hickory | 2BR,2BA | $1,370 |
Springs at Meadowbrook | Studio Grand Overlook | Studio,1BA | $1,396 |
Best Value Apartments for Rent in Waukesha, WI
As of July 01, 2025 the best value apartment in the Waukesha area is the $1.38 price per square foot 2 Bedrooms Model at River Park Meadows in the in the Pebble Valley neighborhood starting from $1,650. The second greatest value Waukesha apartment is the 1B Model at BridgeWalk Apartments starting at $1,560 with a $1.40 price per square foot in the Spring Hills neighborhood. Here is today’s list of the best values for Waukesha apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
River Park Meadows | 2 Bedrooms | 2BR,2BA | $1.38 |
BridgeWalk Apartments | 1B | 1BR,1BA | $1.40 |
357 Morris | 2 bd 2 ba | 2BR,2BA | $1.45 |
1384 Sunnyridge Road | 1301-8 with garage, W&D/central air | 2BR,1BA | $1.11 |
Kendal Hills | Floor Plan "C" | 2BR,1BA | $1.45 |
1381 Meadowcreek | 2 bedrooom/1 bath w/garage | 2BR,1BA | $1.20 |
Monterey Apartments | Two Bed Two Bath B | 2BR,2BA | $1.40 |
The Meadows Apartments | Hickory | 2BR,2BA | $1.44 |
Quail Pointe Apartment Homes | 1 Bedroom / 1 Bathroom | 1BR,1BA | $1.13 |
Maple Ave Apartments | 1 bed/ 1 bath | 1BR,1BA | $1.40 |
Quick Rent Budget Calculator
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Waukesha Overview
Waukesha is located along the Fox River and is a part of the Milwaukee Metropolitan area. Waukesha is a great city for people looking for a small town with all the big city amenities. This region serves as the main destination for tourists from different parts of the globe.
Why live in Waukesha, WI?
Waukesha is strategically located and can be the best home for both middle and high-class. It is a quiet city with a quaint atmosphere and breathtaking landscapes, especially in the autumn. This is a great fit for families, business owners, as well as single people looking to start their lives in a new city. Compared to other cities in the US, Waukesha has luxury apartments situated close to major bars and restaurants to make your life easier. Most apartments are modernized to suit the needs of most city dwellers.
Pet Friendly LifestyleWaukesha, WI
Ranked #15
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Waukesha, WI
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waukesha, WI Rentals by Map
See the most popular apartments and homes in Waukesha, WI
Getting Around Waukesha, WI
Walk Score®
44 / 100
Car-Dependent
Most errands require a car
Bike Score®
41 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
21 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Waukesha, WI Area Reviews
Glendaliz • 4+ years in Waukesha
February 25, 2025son bonitos
Frequently Asked Questions about Cheap Waukesha Apartments
What is a cheap apartment in Waukesha?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waukesha is under $1,396.
What is the price of a cheap apartment in Waukesha?
The cheapest apartment in Waukesha is Quail Pointe Apartment Homes which is listed at $995, while the average apartment in Waukesha costs $2,592.
What types of apartments are the cheapest in Waukesha?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 39 regular apartments in Waukesha that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Waukesha?
Cheap apartments in Waukesha have an average cost of $186 which is $2,406 cheaper than the average rent for all rentals in Waukesha.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.