Cheap Homes for Rent in Downtown Waukesha Neighborhood of Waukesha, WI from $900 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Waukesha area of Waukesha.

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.

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.

Downtown Waukesha, Waukesha, WI Local Guide

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 417 N Washington Ave 8 family priced from $995. 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 ListingModel NameBed/BathPriced From
417 N Washington Ave 8 family1BR/1.0BA1BR,1BA$995
Main Street Plaza ApartmentsStudioStudio,1BA$1,000
Pine Pointe Apartments2bd2BR,1BA$1,095

Best Value Apartments for Rent in Downtown Waukesha, WI

As of October 08, 2025 the best value apartment in the Downtown Waukesha area is the $0.87 price per square foot 926 Blackstone Ave Model at 926 Blackstone Ave, Unit #3 in the in the Spring Hills neighborhood starting from $1,090. 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 $1,450 with a $1.21 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 ListingModel NameBed/BathPrice Per Sq.Ft.
926 Blackstone Ave, Unit #3926 Blackstone Ave2BR,1BA$0.87
421 N Greenfield Ave, Unit 1003 Pearl Street421 N Greenfield Ave2BR,1BA$1.21
137 W Newhall Ave, Unit Upper137 W Newhall Ave2BR,1BA$1.35
Woodfield Heights ApartmentsStyle AA2BR,2BA$1.46
Mountain Villageeverest22BR,1BA$1.65
Berkshire at Kensington2 Bedroom A2BR,1BA$1.54
Pine Pointe Apartments2bd2BR,1BA$1.37
Rivers Edge ApartmentsA21BR,1BA$1.75
417 N Washington Ave 8 family1BR/1.0BA1BR,1BA$1.53
421 Central Ave, Unit 123 B Central Avenue421 Central Ave2BR,1BA$1.83

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Pet Friendly Lifestyle
Downtown Waukesha, Waukesha, WI

Ranked #11

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Downtown Waukesha

What type of rentals are currently available in Downtown Waukesha?

There are currently 95 Apartments for Rent in Downtown Waukesha, WI with pricing that ranges from $622 to $4,052. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Waukesha ranging from $900 to $2,700.

What is the current price range for Rental Homes in Downtown Waukesha?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Waukesha ranges from $900 to $2,700 with an average monthly rent of $1,436.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.