
Cheap Apartments for Rent in the Downtown Waukesha Neighborhood of Waukesha, WI from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Waukesha area of Waukesha.


Westwood Apartments

Moreland North

402 Wisconsin Ave

292 W Main 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.

River Park Apartments

Spring City Crossing

233 Mountain Ave

Main Street Plaza Apartments

327 Arlington St. (7 Unit)
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.

800-820 Delafield St

Delafield Courtyard

700 E North St. (10 Unit)

343 W Newhall Ave. (8 Unit)

449 Dunbar Ave. 7 unit
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.

417 N Washington Ave 8 family
Downtown Waukesha, Waukesha, WI Local Guide

How much does it cost to rent an apartment in Downtown Waukesha?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Waukesha Studio Apartments | $1,112 | $750 | $1,475 |
| Downtown Waukesha 1 Bedroom Apartments | $1,332 | $623 | $3,249 |
| Downtown Waukesha 2 Bedroom Apartments | $1,636 | $950 | $3,711 |
| Downtown Waukesha 3 Bedroom Apartments | $2,108 | $1,338 | $4,513 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Downtown Waukesha Neighborhood of Waukesha, WI.
See all Apartments in WaukeshaExplore Waukesha
Downtown Waukesha, Waukesha, WI Local Guide
- Nearby Waukesha neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Waukesha Apartments for Rent
 The cheapest available apartment rental in the Downtown Waukesha area of Waukesha, WI is a 1 Bed unit found at Spring City Crossing priced from $963. Main Street Plaza Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here are the most affordable Downtown Waukesha apartments for rent in Waukesha, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Spring City Crossing | 1 BD | 1BR,1BA | $963 |
| Main Street Plaza Apartments | Studio | Studio,1BA | $1,000 |
| 405 N East Ave. (16 Unit) | 1BR/1.0BA | 1BR,1BA | $1,045 |
| Maple Ave Apartments | 1 bed/ 1 bath | 1BR,1BA | $1,050 |
| Kimberly Place Apartments | 1 BR / 1BA - 630sf 450 Building | 1BR,1BA | $1,130 |
Best Value Apartments for Rent in Downtown Waukesha, WI
As of March 10, 2026 the best value apartment in the Downtown Waukesha area is the $1.42 price per square foot Style FF Model at Woodfield Heights Apartments in the in the Spring Hills neighborhood starting from $1,435. The second greatest value Downtown Waukesha apartment is the 431 NW Barstow St Model at 431 NW Barstow St, Unit 4 starting at $1,250 with a $1.25 price per square foot in the Spring Hills neighborhood. Here is today’s list of the best values for Downtown Waukesha apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodfield Heights Apartments | Style FF | 2BR,2BA | $1.42 |
| 431 NW Barstow St, Unit 4 | 431 NW Barstow St | 2BR,1BA | $1.25 |
| Mountain Village | everest2 | 2BR,1BA | $1.66 |
| Clearpoint Apartments | 1BR/1.0BA | 1BR,1BA | $1.84 |
| Riverwalk Apartments | A - Remodel | 1BR,1BA | $1.73 |
| Hartwell Place Apartments | One Bedroom | 1BR,1BA | $1.63 |
| Maple Ave Apartments | 1 bed/ 1 bath | 1BR,1BA | $1.40 |
| Spring City Crossing | 1 BD | 1BR,1BA | $1.37 |
| Kimberly Place Apartments | 1 BR / 1BA - 630sf 450 Building | 1BR,1BA | $1.79 |
| 405 N East Ave. (16 Unit) | 1BR/1.0BA | 1BR,1BA | $1.90 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Pet Friendly LifestyleDowntown Waukesha, Waukesha, WI
Ranked #9
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Waukesha Apartments
What is the price of a cheap apartment in Downtown Waukesha?
The cheapest apartment in Downtown Waukesha is Spring City Crossing which is listed at $963, while the average apartment in Downtown Waukesha costs $1,810.
What types of apartments are the cheapest in Downtown 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 4 regular apartments in Downtown Waukesha that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.