
Cheap Apartments for Rent in Waunakee, WI from $600 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Waunakee.


Village on Main

Essex Apartment Homes

Kearney Meadows

Coachlite Apartments

Overlook Pointe
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.

Stagecoach Trail Apartments

Total Monthly Price
Londonderry Lofts

Elka Lane Apartments

Total Monthly Price
Northshore Estates

Middleton Ridge Apartments

Northern Bluffs
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.

Arbor Lakes at Middleton

Northpointe

Pine Ridge Apartments No Vacancies

PMM + MS

PMM

Lake Pointe
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.
Waunakee, WI Local Guide

How much does it cost to rent an apartment in Waunakee?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waunakee Studio Apartments | $1,392 | $979 | $2,460 |
| Waunakee 1 Bedroom Apartments | $1,583 | $1,039 | $2,450 |
| Waunakee 2 Bedroom Apartments | $2,010 | $1,102 | $3,810 |
| Waunakee 3 Bedroom Apartments | $2,030 | $1,253 | $3,550 |
Browse Top Apartments in Waunakee
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Waunakee, WI Local Guide
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Cheapest Available Waunakee Apartments for Rent and Nearby
 The cheapest available apartment rental in Waunakee, WI is a 1 Bed unit found at Village on Main priced from $623. Coachlite Apartments in the Lake Windsor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,049. Here is today’s list of the most affordable Waunakee apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village on Main | 1 Bedroom D | 1BR,1BA | $623 |
| Coachlite Apartments | 1 bd | 1BR,1BA | $1,049 |
| Elka Lane Apartments | 1BR/1BA | 1BR,1BA | $1,100 |
| Stagecoach Trail Apartments | 1 Bedroom 1 Bath (B250) | 1BR,1BA | $1,128 |
| Arbor Lakes at Middleton | One Bedroom B | 1BR,1BA | $1,155 |
Best Value Apartments for Rent in Waunakee, WI and Nearby
As of March 17, 2026 the best value apartment in the Waunakee area is the $1.01 price per square foot Redspire Model at 6820-6850 Redspire Ln in the in the Lake Windsor neighborhood starting from $2,228. The second greatest value Waunakee apartment is the 36L Loft Model at Highland Ridge starting at $1,450 with a $1.23 price per square foot in the Lakeview Dane neighborhood. Here is today’s list of the best values for Waunakee apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 6820-6850 Redspire Ln | Redspire | 3BR,2.5BA | $1.01 |
| Highland Ridge | 36L Loft | 2BR,2BA | $1.23 |
| Dane Townhomes | 2 Bed/ 1.5 Bath | 2BR,1.5BA | $1.34 |
| Overlook Pointe | Hampton | 2BR,1BA | $1.55 |
| Century Commons Senior Apartments | Two Bedroom Style C | 2BR,1BA | $1.48 |
| Waunakee Country View | 2 Bed 2 Bath (F) | 2BR,2BA | $1.44 |
| Woodland Commons Madison | Style I6 - Loft | 1BR,1.5BA | $1.70 |
| Stagecoach Trail Apartments | 1 Bedroom 1 Bath (B250) | 1BR,1BA | $1.59 |
| Coachlite Apartments | 1 bd | 1BR,1BA | $1.50 |
| Elka Lane Apartments | 1BR/1BA | 1BR,1BA | $1.64 |
Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI
Discover the best student housing neighborhoods for renting in Madison, Wisconsin! This guide covers apartments near the University of Wisconsin-Madison, Edgewood University, Herzing University, and Madison Area Technical College, detailing locations like Regent, Shorewood Hills, Dudgeon-Monroe, and more for your perfect college home.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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.
Best Local Schools in Waunakee, WI
Waunakee Prairie Elementary
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waunakee, WI Rentals by Map
See the most popular apartments and homes in Waunakee, WI
Frequently Asked Questions about Cheap Waunakee Apartments
What is the Cheapest Studio apartment in Waunakee?
Currently the most affordable Cheap Studio Apartment in Waunakee is at Lamphouse Apartments listed at $1,335.
How much is rent for a Cheap One Bedroom Waunakee Apartment?
The lowest price for a Cheap One Bedroom Waunakee Apartment is $623 at Village on Main.
What is the lowest price for a Cheap Two Bedroom Waunakee Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waunakee is starting from $1,300 at Waunakee Country View.
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

Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison
Written by: Mike Heuer
I’m Mike, your ApartmentHomeLiving.com local expert for Madison, Wisconsin. I lived and worked in Madison for several years before career opportunities took me elsewhere.

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.

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.

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.