Cheap Homes for Rent in Waukesha, WI from $900 (16 Rentals)

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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.

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Waukesha, WI Local Guide

Cheapest Neighborhoods for Apartments in Waukesha, WI

Pricing Updated: 01/04/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Waukesha$1,755$62367
Overlook Farms$2,325$62332
Westmoreland Grove$2,343$623123
Eastern Waukesha$3,175$5321284

Cheapest Available Waukesha Apartments for Rent and Nearby

 

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. 343 W Newhall Ave. (8 Unit) in the Spring Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Waukesha apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Berkshire at Kensington1 Bedroom A1BR,1BA$622
343 W Newhall Ave. (8 Unit)1BR/1.0BA1BR,1BA$950
Spring City Crossing1 BD1BR,1BA$963
Main Street Plaza ApartmentsStudioStudio,1BA$1,000
Hillside Village Apartments1 Bed/1 Bath1BR,1BA$1,005

Best Value Apartments for Rent in Waukesha, WI and Nearby

As of January 04, 2026 the best value apartment in the Waukesha area is the $1.41 price per square foot 2BR/2BA Model at 625 Shepherd Ct in the in the Spring Hills neighborhood starting from $1,900. The second greatest value Waukesha apartment is the 1113 A Model at Hawthorne Place Apartments starting at $1,725 with a $1.35 price per square foot in the Five Fields neighborhood. Here is today’s list of the best values for Waukesha apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
625 Shepherd Ct2BR/2BA2BR,2BA$1.41
Hawthorne Place Apartments1113 A2BR,2BA$1.35
816 Aurora Ave, Unit 816 lower816 Aurora Ave2BR,1BA$1.25
Milestone Properties2/22BR,2BA$1.38
Whispering Ponds Apartments2 BD / 2 BA Interior Lower2BR,2BA$1.41
Monterey ApartmentsTwo Bed Two Bath D2BR,2BA$1.37
1381 Meadowcreek2 bedrooom/1 bath w/garage2BR,1BA$1.38
Pine Pointe Apartments2bd2BR,1BA$1.37
Maple Ave Apartments1 bed/ 1 bath1BR,1BA$1.40
Spring City Crossing1 BD1BR,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.

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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.

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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.

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Remember the 3 Rules of Real Estate:
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Waukesha, WI Area Reviews

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February 25, 2025

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Frequently Asked Questions about Waukesha

What type of rentals are currently available in Waukesha?

There are currently 231 Apartments for Rent in Waukesha, WI with pricing that ranges from $561 to $6,234. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waukesha ranging from $975 to $5,000.

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 $975 to $5,000 with an average monthly rent of $2,717.

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

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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.

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.