Cheap Homes for Rent in Waukesha, WI from $800 (11 Rentals)

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

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.

property at 401 Cheviot Chase

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

1 Bedroom, 1 Bath Condo for Rent

Available May 1

401 Cheviot Chase, Unit #1

401 Cheviot Chase
WaukeshaWI53186

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.

Waukesha, WI Local Guide

Cheapest Neighborhoods for Apartments in Waukesha, WI

Pricing Updated: 03/10/2026

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$1,810$62348
Overlook Farms$2,325$62319
Westmoreland Grove$2,345$62388
Eastern Waukesha$3,400$5321024

Cheapest Available Waukesha Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waukesha, WI is a 1 Bed unit found at Spring City Crossing in the Spring Hills neighborhood priced from $963. Main Street Plaza Apartments in the Spring Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here is today’s list of the most affordable Waukesha apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Spring City Crossing1 BD1BR,1BA$963
Main Street Plaza ApartmentsStudioStudio,1BA$1,000
405 N East Ave. (16 Unit)1BR/1.0BA1BR,1BA$1,045
Quail Pointe Apartment Homes1 Bedroom / 1 Bathroom1BR,1BA$1,050
Maple Ave Apartments1 bed/ 1 bath1BR,1BA$1,050

Best Value Apartments for Rent in Waukesha, WI and Nearby

As of March 10, 2026 the best value apartment in the Waukesha area is the $1.16 price per square foot 3/2 Model at Milestone Properties in the in the Pebble Valley neighborhood starting from $1,800. The second greatest value Waukesha apartment is the 2 BD / 2 BA Corner Upper - Partial Upgrade Model at Whispering Ponds Apartments starting at $1,846 with a $1.42 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Milestone Properties3/23BR,2BA$1.16
Whispering Ponds Apartments2 BD / 2 BA Corner Upper - Partial Upgrade2BR,2BA$1.42
357 Morris2 bd 2 ba2BR,2BA$1.45
Kendal HillsC2BR,1BA$1.45
Woodfield Heights ApartmentsStyle FF2BR,2BA$1.42
431 NW Barstow St, Unit 4431 NW Barstow St2BR,1BA$1.25
Quail Pointe Apartment Homes1 Bedroom / 1 Bathroom1BR,1BA$1.19
Maple Ave Apartments1 bed/ 1 bath1BR,1BA$1.40
Berkshire Sunset1 Bed, 1 bath1BR,1BA$1.47
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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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.

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Pet Friendly Lifestyle
Waukesha, WI

Ranked #16

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Waukesha, WI Area Reviews

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Glendaliz4+ years in Waukesha

February 25, 2025

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Frequently Asked Questions about Waukesha

What type of rentals are currently available in Waukesha?

There are currently 240 Apartments for Rent in Waukesha, WI with pricing that ranges from $561 to $6,248. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waukesha ranging from $810 to $4,975.

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 $810 to $4,975 with an average monthly rent of $2,286.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.