5310 Beloit Rd
West MilwaukeeWI53214
Cheap Homes for Rent in Waukesha, WI from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Waukesha.
4175 N 91st St
MilwaukeeWI53222
817 Arcadian Ave
WaukeshaWI53186
467 Baird St
WaukeshaWI53189
9129 W National Ave
West AllisWI53227
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.
2045 N 86th St
WauwatosaWI53226
1214 Wisteria Ln
WaukeshaWI53189
2238 S 82nd St
West AllisWI53219
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$1,4252 Bedroom Apartments Available Jun 15
415 N East Ave, Unit 415
415 N East AveWaukesha, WI 53186
12111 W Bluemound Rd
WauwatosaWI53226
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.
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Waukesha, WI Local Guide
How much does it cost to rent a home in Waukesha?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waukesha 2 Bedroom Homes for Rent | $1,471 | $1,099 | $2,000 |
| Waukesha 3 Bedroom Homes for Rent | $2,291 | $1,550 | $3,450 |
| Waukesha 4 Bedroom Homes for Rent | $3,174 | $2,295 | $3,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Waukesha, WI Local Guide
- Waukesha Neighborhoods
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Cheapest Neighborhoods for Apartments in Waukesha, WI
Pricing Updated: 06/09/2026Current apartment rentals in the Waukesha, WI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Waukesha Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Waukesha | $1,900 | $510 | 21 |
| Westmoreland Grove | $2,050 | $510 | 67 |
| Overlook Farms | $2,075 | $850 | 22 |
| Eastern Waukesha | $7,001 | $510 | 769 |
Cheapest Available Waukesha Apartments for Rent
The cheapest available apartment rental in Waukesha, WI is a 1 Bed unit found at Berkshire at Kensington in the Spring Hills neighborhood priced from $622. Moreland North in the Spring Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Waukesha apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Berkshire at Kensington | 1 Bedroom A | 1BR,1BA | $622 |
| Moreland North | NO VACANTS | 1BR,1BA | $900 |
| Main Street Plaza Apartments | Studio | Studio,1BA | $1,000 |
Best Value Apartments for Rent in Waukesha, WI
As of June 09, 2026 the best value apartment in the Waukesha area is the $1.12 price per square foot Upper Unit Model at Hawthorne Place Apartments in the in the Five Fields neighborhood starting from $1,825. The second greatest value Waukesha apartment is the Two Bedroom One Bath - Upper Model at Fox River Preserve II starting at $1,999 with a $1.46 price per square foot in the Spring Hills neighborhood. Here is today’s list of the best values for Waukesha apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hawthorne Place Apartments | Upper Unit | 3BR,2BA | $1.12 |
| Fox River Preserve II | Two Bedroom One Bath - Upper | 2BR,1BA | $1.46 |
| 320 S Grand Ave, Unit Student Housing near Carroll University | 320 S Grand Ave | 3BR,1BA | $1.18 |
| Milestone Properties | 2/1.5 | 2BR,1.5BA | $1.29 |
| Quail Pointe Apartment Homes | 2 Bedroom / 1 Bathroom | 2BR,1BA | $1.14 |
| The Meadows Apartments | Redwood Courtside | 2BR,2BA | $1.46 |
| Walnut Grove Apartments | 2 BD / 1 BA 980 sq ft | 2BR,1BA | $1.26 |
| Minooka Parkway Estates | Cottonwood | 2BR,1BA | $1.25 |
| Kimberly Place Apartments | 2 BD / 1 BA - 900sf 430Building | 2BR,1BA | $1.43 |
| Monterey Apartments | One Bedroom Large | 1BR,1BA | $1.46 |
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 Article
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.
Pet Friendly LifestyleWaukesha, WI
Ranked #16
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Waukesha, WI
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Waukesha, WI
Waukesha, WI Area Reviews
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Glendaliz • 4+ years in Waukesha
February 25, 2025son bonitos
Frequently Asked Questions about Waukesha
What type of rentals are currently available in Waukesha?
There are currently 238 Apartments for Rent in Waukesha, WI with pricing that ranges from $510 to $5,736. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waukesha ranging from $800 to $3,500.
What is the current price range for Rental Homes in Waukesha?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waukesha ranges from $800 to $3,500 with an average monthly rent of $1,934.
How much are larger Three and Four Bedroom Rentals in Waukesha?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waukesha range from $1,237 to $5,736, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $3,450. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $2,900.
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.
Helpful Local Expert Guides
Finding The Best Affordable Milwaukee Neighborhoods to Rent
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then just blocks outside the border, many Milwaukee neighborhoods have been home to friends and family for many years.
The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, many of the Milwaukee neighborhoods profiled here have been home to friends and family.
A Local Experts Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, Milwaukee's neighborhoods have been home to friends and family for years.
An Insiders Guide to Apartment Living Near Milwaukee's Four Employer Clusters
Written by: Tim Brown
Having grown up in Milwaukee and lived in Waukesha for several years, I have come to realize that the Milwaukee metro area offers diverse employment and housing opportunities.
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.