
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.


Moreland North

916 Milwaukee Ave

River Park Apartments
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.

Spring City Crossing

331 W Main St

Main Street Plaza Apartments
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.
Cash 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.
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 | $1,147 | $1,050 | $1,475 |
| Downtown Waukesha 1 Bedroom Apartments | $1,346 | $622 | $2,867 |
| Downtown Waukesha 2 Bedroom Apartments | $1,568 | $950 | $3,719 |
| Downtown Waukesha 3 Bedroom Apartments | $2,221 | $1,338 | $4,799 |
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 Berkshire at Kensington priced from $622. 700 E North St. (10 Unit) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Downtown Waukesha apartments for rent in Waukesha, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Berkshire at Kensington | 1 Bedroom A | 1BR,1BA | $622 |
| 700 E North St. (10 Unit) | 1BR/1.0BA | 1BR,1BA | $895 |
| Spring City Crossing | 1 BD | 1BR,1BA | $963 |
| Main Street Plaza Apartments | Studio | Studio,1BA | $1,000 |
| 316 Maple Ave 6 Unit | 2BR/1.0BA | 2BR,1BA | $1,095 |
Best Value Apartments for Rent in Downtown Waukesha, WI
As of December 01, 2025 the best value apartment in the Downtown Waukesha area is the $1.25 price per square foot 816 Aurora Ave Model at 816 Aurora Ave, Unit 816 lower in the in the Spring Hills neighborhood starting from $1,500. The second greatest value Downtown Waukesha apartment is the 421 N Greenfield Ave Model at 421 N Greenfield Ave, Unit 1003 Pearl Street starting at $1,300 with a $1.08 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. |
|---|---|---|---|
| 816 Aurora Ave, Unit 816 lower | 816 Aurora Ave | 2BR,1BA | $1.25 |
| 421 N Greenfield Ave, Unit 1003 Pearl Street | 421 N Greenfield Ave | 2BR,1BA | $1.08 |
| West Grove on the Lake | BLDG 1811 2 Bed 2 Bath LG | 2BR,2BA | $1.48 |
| Woodfield Heights Apartments | Style AA | 2BR,2BA | $1.46 |
| Hartwell Place Apartments | Two Bedroom | 2BR,1BA | $1.37 |
| Kimberly Place Apartments | 2 BD / 1 BA - 900sf 430Building | 2BR,1BA | $1.38 |
| Berkshire at Kensington | 2 Bedroom A | 2BR,1BA | $1.54 |
| Pine Pointe Apartments | 2bd | 2BR,1BA | $1.37 |
| 700 E North St. (10 Unit) | 1BR/1.0BA | 1BR,1BA | $1.19 |
| Spring City Crossing | 1 BD | 1BR,1BA | $1.37 |
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 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
3.5Pet Friendly
Getting Around the Downtown Waukesha Neighborhood in Waukesha, WI
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
68 / 100
Bikeable
Some bike infrastructure
Transit Score®
41 / 100
Some Transit
A few nearby public transportation options
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.
Frequently Asked Questions about Cheap Downtown Waukesha Apartments
What is a cheap apartment in Downtown Waukesha?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Waukesha is under $1,300.
What is the price of a cheap apartment in Downtown Waukesha?
The cheapest apartment in Downtown Waukesha is Berkshire at Kensington which is listed at $622, while the average apartment in Downtown Waukesha costs $1,755.
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 8 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
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.








