
Cheap Homes for Rent in Waukesha, WI from $1,000 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Waukesha.


4175 N 91st St

2238 S 82nd St

2167 S 75th St

121 N Prairie Ave, Unit Upper

812 S 109th St
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.

2051 Cliff Alex Ct S, Unit Apt 3

W246N6693 Champeny Ct

2034 S 81st St

10900 W Bluemound Rd

1714 Elder St

1714 Elder St
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.
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 | $1,708 | $1,099 | $2,800 |
| Waukesha 3 Bedroom Homes for Rent | $2,319 | $1,700 | $3,595 |
| Waukesha 4 Bedroom Homes for Rent | $3,598 | $2,498 | $5,500 |
| Waukesha 5 Bedroom Homes for Rent | $6,000 | $3,000 | $9,000 |
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Waukesha, WI Local Guide
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Cheapest Neighborhoods for Apartments in Waukesha, WI
Pricing Updated: 07/24/2026Current 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 | $1,987 | $750 | 32 |
| Overlook Farms | $2,025 | $850 | 20 |
| Westmoreland Grove | $2,100 | $700 | 67 |
| Eastern Waukesha | $9,626 | $490 | 738 |
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. 333 Coolidge Ave. (12 Units) in the Spring Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $945. 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 |
| 333 Coolidge Ave. (12 Units) | 1BR/1.0BA | 1BR,1BA | $945 |
| 343 W Newhall Ave. (8 Unit) | 1BR/1.0BA | 1BR,1BA | $950 |
| Main Street Plaza Apartments | Studio | Studio,1BA | $1,000 |
| Minooka Parkway Estates | Cottonwood | 2BR,1BA | $1,185 |
Best Value Apartments for Rent in Waukesha, WI
As of July 24, 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 |
| FOX RIVER PRESERVE | 1 Bedroom 2 Bath_Loft | 1BR,2BA | $1.43 |
| Milestone Properties | 2/1.5 | 2BR,1.5BA | $1.29 |
| Berkshire Sunset | 2 Beds, 2 baths | 2BR,2BA | $1.30 |
| Hartwell Place Apartments | Two Bedroom | 2BR,1.5BA | $1.30 |
| Woodfield Heights Apartments | Style AA | 2BR,2BA | $1.52 |
| Minooka Parkway Estates | Cottonwood | 2BR,1BA | $1.25 |
| Wildflower Place Apartments | 2 BD / 1 BA - 915sf - 1st/2nd flr | 2BR,1BA | $1.52 |
| 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 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.
Read ArticleQuick 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.
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
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 235 Apartments for Rent in Waukesha, WI with pricing that ranges from $558 to $4,940. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waukesha ranging from $1,095 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 $1,095 to $9,000 with an average monthly rent of $2,944.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.