431 W Main St
MadisonWI53703
Cheap Homes for Rent in Waunakee, WI from $1,050 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Waunakee.
2426 Independence Ln, Unit 211
2426 Independence Ln
MadisonWI53704
830 E Johnson St
MadisonWI53703
828-830 E Johnson St
MadisonWI53703
312 S Ingersoll St
MadisonWI53703
Finding Your Place in Madison: Neighborhoods Close to the City’s Biggest Jobs
Finding the right Madison apartment near work is easy. Browse our guide to the best neighborhoods for professionals, from State-Langdon to Bay Creek.
4338 Melody Ln, Unit 108
4338 Melody Ln
MadisonWI53704
201 Kearney Way, Unit 201 Kearney Apt 301
201 Kearney Way
WaunakeeWI53597
120 S Blair St
MadisonWI53703
5192 Sassafras Dr
MadisonWI53713
4910 Innovation Dr
DeforestWI53532
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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Waunakee, WI Local Guide
How much does it cost to rent a home in Waunakee?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waunakee 2 Bedroom Homes for Rent | $2,006 | $1,280 | $2,895 |
| Waunakee 3 Bedroom Homes for Rent | $2,754 | $2,050 | $3,900 |
| Waunakee 4 Bedroom Homes for Rent | $2,471 | $2,100 | $2,795 |
| Waunakee 5 Bedroom Homes for Rent | $4,066 | $3,750 | $4,250 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 Studio unit found at Overlook Pointe in the Lakeview Dane neighborhood priced from $1,025. Londonderry Lofts in the Carpenter-Ridgeway neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,045. Here is today’s list of the most affordable Waunakee apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Overlook Pointe | Cove | Studio,1BA | $1,025 |
| Londonderry Lofts | STUDIO | Studio,1BA | $1,045 |
| Coachlite Apartments | 1 bd | 1BR,1BA | $1,049 |
Best Value Apartments for Rent in Waunakee, WI and Nearby
As of September 07, 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 2 Bed 2 Bath Model at The Laurel at Kilkenny starting at $1,915 with a $1.57 price per square foot . 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 |
| The Laurel at Kilkenny | 2 Bed 2 Bath | 2BR,2BA | $1.57 |
| Monarch at Middleton Shores | 2 BRX/2 BA (Extended SQFT) | 2BR,2BA | $1.48 |
| Madison & Main | 2Bed/2Bath D6 | 2BR,2BA | $1.67 |
| Northern Bluffs | 2 Bedroom | 2BR,1BA | $1.25 |
| PACKTENN | 2 Bedroom/1 Bathroom | 2BR,1BA | $1.72 |
| Sunset Lane Apartments | 2 Bed / 1 Bath | 2BR,1BA | $1.39 |
| Westbriar Apartments | 1bd, 1ba | 1BR,1BA | $1.62 |
| Westbriar Senior Apartments | 1B/1Ba | 1BR,1BA | $1.59 |
| Coachlite Apartments | 1 bd | 1BR,1BA | $1.50 |
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 Article
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 ArticleNavigating 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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Best Local Schools in Waunakee, WI
Waunakee Prairie Elementary School
Waunakee Community School District
Public School - Grades K-5 (531)
10 out of 10
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 Waunakee
What type of rentals are currently available in Waunakee?
There are currently 57 Apartments for Rent in Waunakee, WI with pricing that ranges from $925 to $3,550. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waunakee ranging from $1,050 to $4,250.
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 $1,050 to $4,250 with an average monthly rent of $2,424.
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
Finding Your Place in Madison: Neighborhoods Close to the City's Biggest Jobs
Written by: Mike Heuer
Madison, Wisconsin, is three communities in one. It is a college town that is home to the flagship university in the University of Wisconsin system.
An Insider's Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin
Written by: Mike Heuer
Madison is Wisconsin’s capital city and its second-largest city, with a population of more than 260,000.
Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI
Written by: Mike Heuer
I am Mike, your guide to student housing in the Greater Madison, Wisconsin, area. Madison is a terrific city that also is the Capital of Wisconsin.
The Expert's 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.
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.