Cheap Homes for Rent in Waunakee, WI from $1,300 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Waunakee.

1975 E Washington Ave

6578 Lake Rd

4322 Melody Ln

1951 Heath Ave

934 High St

290 Mallard Ln

1149 Williamson St

5319 Brody Dr

201 Kearney Way

2051 Allen Blvd

5339 Brody Dr
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 | $1,611 | $1,350 | $2,340 |
Waunakee 3 Bedroom Homes for Rent | $3,693 | $1,850 | $9,800 |
Waunakee 4 Bedroom Homes for Rent | $3,925 | $2,750 | $6,150 |
Waunakee 5 Bedroom Homes for Rent | $5,151 | $3,610 | $6,500 |
Browse Top Homes for Rent in Waunakee
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Waunakee, WI Local Guide
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Cheapest Available Waunakee Apartments for Rent
 The cheapest available apartment rental in Waunakee, WI is a Studio unit found at Madison and Main priced from $925. 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 |
---|---|---|---|
Madison and Main | A3 | Studio,1BA | $925 |
Coachlite Apartments | 1 bd | 1BR,1BA | $1,049 |
Arbor Lakes at Middleton | One Bedroom B | 1BR,1BA | $1,120 |
PMM | 1 Bedroom 1 Bath-The Charley | 1BR,1BA | $1,150 |
Londonderry Lofts | Large Loft | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Waunakee, WI
As of August 05, 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 2 Bed 2 Bath Model at The Laurel at Kilkenny starting at $1,995 with a $1.64 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 | $1.27 |
The Laurel at Kilkenny | 2 Bed 2 Bath | 2BR,2BA | $1.64 |
Northern Bluffs | Sandstone | 3BR,1BA | $1.05 |
210 Omalley St | B | 2BR,1.5BA | $1.42 |
Dane Townhomes | 2 Bed/ 1.5 Bath | 2BR,1.5BA | $1.34 |
PMM + MS | 2 Bedroom | 2BR,1BA | $1.45 |
Sunset Lane Apartments | 2 Bed/ 1 Bath | 2BR,1BA | $1.41 |
3733 E Karstens Dr, Unit 3721 #1 | 3733 E Karstens Dr | 2BR,1BA | $1.47 |
Coachlite Apartments | 1 bd | 1BR,1BA | $1.50 |
Arbor Lakes at Middleton | One Bedroom B | 1BR,1BA | $1.66 |
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Frequently Asked Questions about Waunakee
What type of rentals are currently available in Waunakee?
There are currently 59 Apartments for Rent in Waunakee, WI with pricing that ranges from $895 to $3,550. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waunakee ranging from $1,300 to $9,800.
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 $1,300 to $9,800 with an average monthly rent of $2,845.
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.