817 Arcadian Ave
WaukeshaWI53186
Cheap Homes for Rent in Downtown Waukesha Neighborhood of Waukesha, WI from $1,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Waukesha area of Waukesha.
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$1,4252 Bedroom Apartments Available Jun 15
415 N East Ave, Unit 415
415 N East AveWaukesha, WI 53186
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
132 Cecilia Ct
WaukeshaWI53188
448 N Grandview Blvd
WaukeshaWI53188
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.
700 E College Ave
WaukeshaWI53186
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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 | $1,100 | $1,100 | $1,100 |
| Downtown Waukesha 3 Bedroom Homes for Rent | $1,904 | $1,842 | $1,942 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Waukesha Neighborhood of Waukesha, WI.
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Downtown Waukesha, Waukesha, WI Local Guide
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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. Moreland North has the second lowest priced unit, which is a 1 Bed apartment currently listed from $885. 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 |
| Moreland North | B | 1BR,1BA | $885 |
| Main Street Plaza Apartments | Studio | Studio,1BA | $1,000 |
Best Value Apartments for Rent in Downtown Waukesha, WI
As of June 06, 2026 the best value apartment in the Downtown Waukesha area is the $1.18 price per square foot 320 S Grand Ave Model at 320 S Grand Ave, Unit Student Housing near Carroll University in the in the Spring Hills neighborhood starting from $1,450. The second greatest value Downtown Waukesha apartment is the Style BB Model at Woodfield Heights Apartments starting at $1,900 with a $1.64 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. |
|---|---|---|---|
| 320 S Grand Ave, Unit Student Housing near Carroll University | 320 S Grand Ave | 3BR,1BA | $1.18 |
| Woodfield Heights Apartments | Style BB | 3BR,2BA | $1.64 |
| Mountain Village | bluer-2 | 2BR,2BA | $1.60 |
| Kimberly Place Apartments | 2 BD / 1 BA - 900sf 430Building | 2BR,1BA | $1.43 |
| Berkshire at Kensington | Market C | 1BR,1.5BA | $1.64 |
| Rivers Edge Apartments | A2 | 1BR,1BA | $1.92 |
| Hartwell Place Apartments | One Bedroom | 1BR,1BA | $1.63 |
| Moreland North | B | 1BR,1BA | $1.20 |
| 1710 Elder St. (10 Unit) | 1/1 | 1BR,1BA | $2.15 |
| Main Street Plaza Apartments | Studio | Studio ,1BA | $2.21 |
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.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
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Pet Friendly LifestyleDowntown Waukesha, Waukesha, WI
Ranked #11
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 $510 to $3,891. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Waukesha ranging from $1,100 to $1,942.
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 $1,100 to $1,942 with an average monthly rent of $1,502.
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
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.