714 N Oak St
MadisonWI53704
Cheap Homes for Rent in Waunakee, WI from $1,100 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Waunakee.
6578 Lake Rd
WindsorWI53598
5323 Brody Dr
MadisonWI53705
2015 E Washington Ave
MadisonWI53704
930 Emerald St
MadisonWI53715
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.
2507 E Johnson St
MadisonWI53704
7003 Elmwood Ave
MiddletonWI53562
112 N Few St
MadisonWI53703
828-830 E Johnson St
MadisonWI53703
7106 Fortune Dr
MiddletonWI53562
5192 Sassafras Dr
MadisonWI53713
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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$1,7503 Bedroom Apartments Available Now
308 Lexington Dr, Unit 308
308 Lexington DrWaunakee, WI 53597
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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 | $1,562 | $1,275 | $2,500 |
| Waunakee 3 Bedroom Homes for Rent | $2,855 | $1,950 | $4,900 |
| Waunakee 4 Bedroom Homes for Rent | $2,979 | $2,100 | $3,600 |
| Waunakee 5 Bedroom Homes for Rent | $7,747 | $4,495 | $10,000+ |
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 and Nearby
The cheapest available apartment rental in Waunakee, WI is a Studio unit found at Arbor Lakes in the Lakeview Dane neighborhood priced from $1,015. 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 |
|---|---|---|---|
| Arbor Lakes | Studio | Studio,1BA | $1,015 |
| Coachlite Apartments | 1 bd | 1BR,1BA | $1,049 |
| Madison & Main | Studio A1 | 1BR,1BA | $1,195 |
| Westbriar Senior Apartments | 1B/1Ba | 1BR,1BA | $1,195 |
| Northshore Estates | One Bedroom | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Waunakee, WI and Nearby
As of July 23, 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 1127 Sausalito Dr Model at 1127 Sausalito Dr, Unit 3 bedroom duplex starting at $2,300 with a $1.35 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 |
| 1127 Sausalito Dr, Unit 3 bedroom duplex | 1127 Sausalito Dr | 3BR,2BA | $1.35 |
| The Laurel at Kilkenny | 2 Bed 2 Bath | 2BR,2BA | $1.57 |
| Northern Bluffs | 2 Bedroom | 2BR,1BA | $1.25 |
| Dane Townhomes | 2 Bed / 1.5 Bath | 2BR,1.5BA | $1.34 |
| Overlook Pointe | Bayside | 2BR,1BA | $1.54 |
| Cannery Row Apartments | 2 bedroom 1 bathroom | 2BR,1BA | $1.69 |
| Waunakee Country View | 2 Bed 2 Bath (F) | 2BR,2BA | $1.44 |
| 3737 E Karstens Dr, Unit #4 | 3737 E Karstens Dr | 2BR,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.
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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.
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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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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Best Local Schools in Waunakee, WI
Waunakee Prairie Elementary
Waunakee Community School District
Public School - Grades PK-5 (533)
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 59 Apartments for Rent in Waunakee, WI with pricing that ranges from $925 to $3,550. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waunakee ranging from $1,100 to $11,000.
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 $1,100 to $11,000 with an average monthly rent of $3,336.
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 Citys 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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.