Cheap Homes for Rent in Waunakee, WI from $1,300 (12 Rentals)

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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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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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Showing Results 1-12, 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 Studio unit found at Arbor Lakes at Middleton in the Lakeview Dane neighborhood priced from $935. 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 ListingModel NameBed/BathPriced From
Arbor Lakes at MiddletonStudioStudio,1BA$935
Coachlite Apartments1 bd1BR,1BA$1,049
Northern BluffsSandstone3BR,1BA$1,219
Sunset Lane Apartments2 Bed/ 1 Bath2BR,1BA$1,250
Highland Ridge36D Loft1BR,1BA$1,250

Best Value Apartments for Rent in Waunakee, WI and Nearby

As of October 11, 2025 the best value apartment in the Waunakee area is the $1.27 price per square foot Redspire Model at 6820-6850 Redspire Ln in the in the Lake Windsor neighborhood starting from $2,799. The second greatest value Waunakee apartment is the 5564 River Rd Model at 5564 River Rd, Unit 4 starting at $1,500 with a $1.25 price per square foot in the Berkeley Oaks neighborhood. 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$1.27
5564 River Rd, Unit 45564 River Rd2BR,1BA$1.25
Middleton Ridge Apartments1 Bedroom plus Loft2BR,2BA$1.52
Autumn Ridge2 BD Affordable2BR,2BA$1.32
Northern BluffsAmber2BR,1BA$1.23
210 Omalley StD2BR,1.5BA$1.46
Dane Townhomes2 Bed/ 1.5 Bath2BR,1.5BA$1.34
Sunset Lane Apartments2 Bed/ 1 Bath2BR,1BA$1.41
402 Luster Ave, Unit Apt. #2402 Luster Ave1BR,1BA$1.25
Coachlite Apartments1 bd1BR,1BA$1.50

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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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Frequently Asked Questions about Waunakee

What type of rentals are currently available in Waunakee?

There are currently 60 Apartments for Rent in Waunakee, WI with pricing that ranges from $935 to $3,550. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waunakee ranging from $1,395 to $23,436.

What is the current price range for Rental Homes in Waunakee?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waunakee ranges from $1,395 to $23,436 with an average monthly rent of $4,431.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.