Cheap Homes for Rent in Waunakee, WI from $1,200 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in Waunakee.

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.

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

Cheapest Available Waunakee Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waunakee, WI is a Studio unit found at Madison and Main priced from $925. Coachlite Apartments 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
Madison and MainA3Studio,1BA$925
Coachlite Apartments1 bd1BR,1BA$1,049
PMM + MS1 Bedroom1BR,1BA$1,100
Elka Lane Apartments1BR/1BA1BR,1BA$1,100
PMM1 Bedroom 1 Bath-The Charley1BR,1BA$1,150

Best Value Apartments for Rent in Waunakee, WI and Nearby

As of June 17, 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 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 ListingModel NameBed/BathPrice Per Sq.Ft.
6820-6850 Redspire LnRedspire3BR,2.5BA$1.27
The Laurel at Kilkenny2 Bed 2 Bath2BR,2BA$1.64
Northern BluffsSandstone3BR,1BA$1.16
210 Omalley StB2BR,1.5BA$1.42
Middleton Shores Apartments22BR,1BA$1.59
COUNTRY GLEN2 Bed/ 1 Bath2BR,1BA$1.30
Waunakee Country View2 Bed 1 Bath (E)2BR,1BA$1.39
Arbor Lakes at MiddletonTwo Bedroom2BR,1BA$1.51
Village on Main2 Bedroom A2BR,1BA$1.51
Coachlite Apartments1 bd1BR,1BA$1.50

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Frequently Asked Questions about Waunakee

What type of rentals are currently available in Waunakee?

There are currently 58 Apartments for Rent in Waunakee, WI with pricing that ranges from $975 to $3,550. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waunakee ranging from $1,200 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 $1,200 to $9,800 with an average monthly rent of $2,843.

How much are larger Three and Four Bedroom Rentals in Waunakee?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Waunakee range from $1,320 to $3,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,925 to $9,800. Four Bedroom Single-Family rentals are also available starting from $4,250 and Four Bedroom Apartments start at $2,895.

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.

decorative image for Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison article

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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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.