Cheap Apartments for Rent in Waukesha, WI from $500 (54 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Westwood Apartments
Studio to 2 Bedroom Apartments

Westwood Apartments

1701-1713 Elder StWaukesha, WI 53188
  • Utilities Included
close
View Me
800-820 Delafield St
1 to 2 Bedroom Apartments

800-820 Delafield St

800-820 Delafield StWaukesha, WI 53188
  • Utilities Included
close
View Me
Delafield Courtyard
1 to 2 Bedroom Apartments

Delafield Courtyard

1012-1022 Delafield StWaukesha, WI 53188
  • Utilities Included
close
View Me
101 W Main St
Studio to 3 Bedroom Apartments

101 W Main St

101 W Main StWaukesha, WI 53186
  • Utilities Included
close
View Me
Center City Plaza
1 to 2 Bedroom Apartments

Center City Plaza

707 N Grand AveWaukesha, WI 53186
  • Utilities Included
close
View Me
Ridge View Apartments
Studio to 2 Bedroom Apartments

Ridge View Apartments

212 W North StWaukesha, WI 53188
  • Utilities Included
close
View Me
East Terrace Apartments
1 Bedroom Apartments

East Terrace Apartments

801 N East AveWaukesha, WI 53186
Senior Living
  • Utilities Included
close
View Me
Fleetfoot Apartments
2 Bedroom Apartments

Fleetfoot Apartments

1303-1307 Fleetfoot DrWaukesha, WI 53186
  • Utilities Included
close
View Me
Pebble Place
2 Bedroom Apartments

Pebble Place

2801-2811 N University DrWaukesha, WI 53188
  • Utilities Included
Showing Results 1-50, Page 1 of 2

Waukesha, WI Local Guide

Photo of Staff Writer - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Waukesha, WI

Pricing Updated: 10/31/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Waukesha$1,810$62267
Overlook Farms$2,075$62247
Westmoreland Grove$2,318$622124
Eastern Waukesha$3,400$5301086

Cheapest Available Waukesha Apartments for Rent

 

The cheapest available apartment rental in Waukesha, WI is a Studio unit found at Main Street Plaza Apartments in the Spring Hills neighborhood priced from $1,000. Berkshire Sunset in the Spring Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,062. Here is today’s list of the most affordable Waukesha apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Main Street Plaza ApartmentsStudioStudio,1BA$1,000
Berkshire Sunset1 Bed, 1 bath1BR,1BA$1,062
Pine Pointe Apartments2bd2BR,1BA$1,095
Valley Forge ApartmentsTwo Bedroom, One Bathroom2BR,1BA$1,145
Hillside Village Apartments1 Bed/1 Bath1BR,1BA$1,205
The Meadows ApartmentsWillow1BR,1BA$1,235
Berkshire at Kensington2 Bedroom A2BR,1BA$1,246
Village at Fox River0BR/1.0BAStudio,1BA$1,325
Burr Oaks Village Apartments2 BD / 1 BA UPPER2BR,1BA$1,345

Best Value Apartments for Rent in Waukesha, WI

As of October 31, 2025 the best value apartment in the Waukesha area is the $1.42 price per square foot Two Bedroom One Bath - Upper Model at Fox River Preserve II in the in the Spring Hills neighborhood starting from $1,940. The second greatest value Waukesha apartment is the 2 BD / 2 BA Interior Upper Model at Whispering Ponds Apartments starting at $1,735 with a $1.36 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fox River Preserve IITwo Bedroom One Bath - Upper2BR,1BA$1.42
Whispering Ponds Apartments2 BD / 2 BA Interior Upper2BR,2BA$1.36
926 Blackstone Ave, Unit #3926 Blackstone Ave2BR,1BA$0.87
River Park Meadows2/22BR,2BA$1.38
421 N Greenfield Ave, Unit 1003 Pearl Street421 N Greenfield Ave2BR,1BA$1.17
Kendal HillsFloor Plan "D"2BR,1BA$1.43
Monterey ApartmentsTwo Bed Two Bath D2BR,2BA$1.37
Valley Forge ApartmentsTwo Bedroom, One Bathroom2BR,1BA$1.15
Burr Oaks Village Apartments2 BD / 1 BA UPPER2BR,1BA$1.39
Pine Pointe Apartments2bd2BR,1BA$1.37

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.

decorative image of people with a giant lease agreement

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.

Waukesha, WI
Population: 72,549

Ranked #496

in US Census Population by City

decorative image of people examining a giant globe and floating graphs

Pet Friendly Lifestyle
Waukesha, WI

Ranked #38

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Decorative image of map

See the most popular apartments and homes in Waukesha, WI

View Map
Waukesha, WI Apartments Map
View Map
Waukesha, WI Rental Homes Map

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

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Glendaliz • 4+ years in Waukesha

February 25, 2025

son 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 $1,345.

What is the price of a cheap apartment in Waukesha?

The cheapest apartment in Waukesha is Berkshire Sunset which is listed at $1,062, while the average apartment in Waukesha costs $2,400.

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 55 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 $159 which is $2,241 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.

decorative image for Finding The Best Affordable Milwaukee Neighborhoods to Rent article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.