Cheap Apartments for Rent in Waunakee, WI from $600 (21 Rentals)

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Essex Apartment Homes
1 to 2 Bedroom Apartments

Essex Apartment Homes

5469-5471 Westshire CirWaunakee, WI 53597
Senior Living
  • Utilities Included

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.

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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.

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Northpointe
2 to 3 Bedroom Apartments

Northpointe

609 Vera CtMadison, WI 53704
  • Utilities Included
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PMM + MS
1 to 3 Bedroom Apartments

PMM + MS

2309 Monterey DrMadison, WI 53704
  • Utilities Included
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PMM
1 to 2 Bedroom Apartments

PMM

1509 TrailswayMadison, WI 53704
  • Utilities Included

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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Showing Results 1-21, Page 1 of 1

Waunakee, WI Local Guide

Cheapest Available Waunakee Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waunakee, WI is a 1 Bed unit found at Autumn Ridge in the Greenway Station neighborhood priced from $677. Arbor Lakes at Middleton in the Lakeview Dane neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,010. Here is today’s list of the most affordable Waunakee apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Autumn Ridge1 BD Affordable1BR,1BA$677
Arbor Lakes at MiddletonStudioStudio,1BA$1,010
Coachlite Apartments1 bd1BR,1BA$1,049
Northern BluffsSandstone3BR,1BA$1,219
Village on Main1 Bedroom B1BR,1BA$1,225

Best Value Apartments for Rent in Waunakee, WI and Nearby

As of December 15, 2025 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 3 Bd, 2.5 Bath Model at 621 Hillcrest Dr starting at $2,700 with a $1.61 price per square foot . Here is today’s list of the best values for Waunakee apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
6820-6850 Redspire LnRedspire3BR,2.5BA$1.01
621 Hillcrest Dr3 Bd, 2.5 Bath3BR,2.5BA$1.61
Northern BluffsAmber2BR,1BA$1.22
Dane Townhomes2 Bed/ 1.5 Bath2BR,1.5BA$1.34
Century CommonsTwo Bedroom Style E2BR,1BA$1.31
Granite Ridge Apartments2 BR + Den (1+)2BR,1BA$1.55
Overlook PointeBayside2BR,1BA$1.54
Sunset Lane Apartments2 Bed/ 1 Bath2BR,1BA$1.39
Woodland Commons MadisonStyle I6 - Loft1BR,1.5BA$1.70
Coachlite Apartments1 bd1BR,1BA$1.50

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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Quick Rent Budget Calculator

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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
Waunakee, WI

Ranked #102

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Waunakee, WI

School data provided by Great Schools

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

Explore Waunakee, WI Rentals by Map

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See the most popular apartments and homes in Waunakee, WI

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Getting Around Waunakee, WI

Walk Score®

34 / 100

Car-Dependent

Most errands require a car

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Arbor Lakes at Middleton listed at $1,010.

How much is rent for a Cheap One Bedroom Waunakee Apartment?

The lowest price for a Cheap One Bedroom Waunakee Apartment is $677 at Autumn Ridge.

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 $1,250 at Sunset Lane Apartments.

What is the most affordable Waunakee Three Bedroom Apartment?

The best deal on a cheap Waunakee Three Bedroom Apartment rental is at Northern Bluffs and starts from $1,219.

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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!