8008 W Becher St
West AllisWI53219
Cheap Homes for Rent in Waukesha, WI from $850 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Waukesha.
7416 Harwood Ave
WauwatosaWI53213
9129 W National Ave
West AllisWI53227
4175 N 91st St
MilwaukeeWI53222
845 S 75th St
West AllisWI53214
An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters
Discover Milwaukee apartment living from Downtown lofts to affordable suburban homes. We detail neighborhoods near the four major employment hubs: urban, leafy, and everything in between.
1504 S 81st St
West AllisWI53214
8225 W Hayes Ave
West AllisWI53219
121 N Prairie Ave, Unit Upper
121 N Prairie Ave
WaukeshaWI53186
437 S 73rd St
MilwaukeeWI53214
7221 W Tripoli Ave
MilwaukeeWI53220
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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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 | $1,363 | $1,099 | $1,900 |
| Waukesha 3 Bedroom Homes for Rent | $2,333 | $1,545 | $4,100 |
| Waukesha 4 Bedroom Homes for Rent | $2,976 | $1,895 | $4,198 |
| Waukesha 5 Bedroom Homes for Rent | $6,737 | $4,475 | $9,000 |
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
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Cheapest Neighborhoods for Apartments in Waukesha, WI
Pricing Updated: 09/08/2026Current apartment rentals in the Waukesha, WI area range in price from $490 to $9,964 with an overall median price of $1,685. Here is today’s list neighborhoods with the lowest median pricing for Waukesha Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Overlook Farms | $1,465 | $850 | 22 |
| Downtown Waukesha | $1,495 | $750 | 36 |
| Westmoreland Grove | $1,542 | $700 | 72 |
| Eastern Waukesha | $1,711 | $490 | 832 |
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. 316 - 320 Maple Ave 6 Unit in the Spring Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $875. 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 |
| 316 - 320 Maple Ave 6 Unit | 0BR/1.0BA | Studio,1BA | $875 |
| Moreland North | B | 1BR,1BA | $885 |
Best Value Apartments for Rent in Waukesha, WI
As of September 08, 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 1 Bedroom 2 Bath_Loft Model at FOX RIVER PRESERVE starting at $1,810 with a $1.43 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 | 1 Bedroom 2 Bath_Loft | 1BR,2BA | $1.43 |
| The Lodge | Hawks Nest | 2BR,2BA | $1.42 |
| Milestone Properties | 2/1.5 | 2BR,1.5BA | $1.29 |
| 2005 Cliff Alex Ct S, Unit 2005 Cliff Alex Ct S, Apt 3 | 2005 Cliff Alex Ct S | 2BR,2BA | $1.23 |
| 1710 Springdale Rd, Unit 2-3 Bedroom | 1710 Springdale Rd | 2BR,1BA | $1.38 |
| Minooka Parkway Estates | Walnut | 2BR,1BA | $1.17 |
| Burr Oaks Village Apartments | 2 BD / 1 BA UPPER | 2BR,1BA | $1.44 |
| Moreland North | B | 1BR,1BA | $1.20 |
| 316 - 320 Maple Ave 6 Unit | 0BR/1.0BA | Studio ,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
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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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Pet Friendly LifestyleWaukesha, WI
Ranked #18
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
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Frequently Asked Questions about Waukesha
What type of rentals are currently available in Waukesha?
There are currently 241 Apartments for Rent in Waukesha, WI with pricing that ranges from $558 to $3,931. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waukesha ranging from $850 to $9,000.
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 $850 to $9,000 with an average monthly rent of $2,376.
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
An Insider's 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.
A Local Expert's 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.
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.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.