Cheap Homes for Rent in Downtown Waukesha Neighborhood of Waukesha, WI from $1,600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Waukesha area of Waukesha.
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.

237 Tenny Ave

422 Gascoigne Dr
The 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.

503 N Moreland Blvd
Downtown Waukesha, Waukesha, WI Local Guide

How much does it cost to rent a home in Downtown Waukesha?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Waukesha 2 Bedroom Homes for Rent | $2,295 | $2,295 | $2,295 |
Downtown Waukesha 3 Bedroom Homes for Rent | $1,914 | $1,650 | $2,400 |
Downtown Waukesha 4 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown Waukesha Neighborhood of Waukesha, WI.
Explore 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 Studio unit found at 234 W Main St priced from $1,000. Maple Ave Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable Downtown Waukesha apartments for rent in Waukesha, WI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
234 W Main St | Studio | Studio,1BA | $1,000 |
Maple Ave Apartments | 1 bed/ 1 bath | 1BR,1BA | $1,050 |
Pine Pointe Apartments | 2bd | 2BR,1BA | $1,095 |
Best Value Apartments for Rent in Downtown Waukesha, WI
As of August 03, 2025 the best value apartment in the Downtown Waukesha area is the $1.18 price per square foot 919 Arcadian Ave Model at 919 Arcadian Ave, Unit 921A in the in the Spring Hills neighborhood starting from $2,000. 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 $1,600 with a $1.07 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. |
---|---|---|---|
919 Arcadian Ave, Unit 921A | 919 Arcadian Ave | 3BR,1BA | $1.18 |
421 N Greenfield Ave, Unit 1003 Pearl Street | 421 N Greenfield Ave | 2BR,1BA | $1.07 |
926 Blackstone Ave, Unit #3 | 926 Blackstone Ave | 2BR,1BA | $0.87 |
Mountain Village | bluer-2 | 2BR,2BA | $1.56 |
Woodfield Heights Apartments | Style AA | 2BR,2BA | $1.46 |
Berkshire at Kensington | 2 Bedroom A | 2BR,1BA | $1.54 |
Pine Pointe Apartments | 2bd | 2BR,1BA | $1.37 |
Rivers Edge Apartments | A2 | 1BR,1BA | $1.70 |
Maple Ave Apartments | 1 bed/ 1 bath | 1BR,1BA | $1.40 |
Hartwell Place Apartments | One Bedroom | 1BR,1BA | $1.60 |
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.
Frequently Asked Questions about Downtown Waukesha
What type of rentals are currently available in Downtown Waukesha?
There are currently 89 Apartments for Rent in Downtown Waukesha, WI with pricing that ranges from $865 to $4,418. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Waukesha ranging from $1,650 to $2,400.
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 $1,650 to $2,400 with an average monthly rent of $2,136.
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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.