Cheap Apartments for Rent in Wausau, WI from $400 (106 Rentals)

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Search the lowest-cost Apartments available for rent right now in Wausau.

property at 617 Fulton St

$575 - $695

1 Bedroom Rentals

Available Now

617 Fulton St

WausauWI54403
property at 731 S 6th Ave

$650 - $900

1 To 2 Bedroom Rentals

Available Sep 14

731 S 6th Ave

WausauWI54401

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 701 Scott St

$795

1 Bedroom Rentals

Available Sep 1

701 Scott St

WausauWI54403

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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Wausau, WI Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Wausau, WI

Pricing Updated: 07/28/2026

Current apartment rentals in the Wausau, WI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Wausau Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Wausau$1,424$50588
Wausau River District$1,424$50588

Cheapest Available Wausau Apartments for Rent

 

The cheapest available apartment rental in Wausau, WI is a 1 Bed unit found at Diamonds Edge in the Downtown Wausau neighborhood priced from $645. Pioneer Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Wausau apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Diamonds Edge1 bd Upper1BR,1BA$645
Pioneer Village Apartments1 BD Pioneer Village Complex1BR,1BA$675
The 4111EfficiencyStudio,1BA$675
Wausau Columns Apartments1 Bedroom1BR,1BA$720
The Landmark1 BR 1BA1BR,1BA$800
Ross Avenue ApartmentsOne Bed1BR,1BA$875
Oak Ridge ApartmentsTwo Bedroom2BR,1BA$875
Weston Pines2 Bedroom Lower 60%2BR,1BA$895
Kannenberg Plaza1 Bedroom1BR,1BA$920
Evergreen Landing Apartments on 8thOne Bedroom1BR,1BA$975

Best Value Apartments for Rent in Wausau, WI

As of July 28, 2026 the best value apartment in the Wausau area is the $1.11 price per square foot 311 N 3rd Ave Model at 311 N 3rd Ave, Unit Two bedroom available in the in the Downtown Wausau neighborhood starting from $1,550. The second greatest value Wausau apartment is the 2BD2BA-L Model at Towering Pines starting at $1,280 with a $1.12 price per square foot in the Downtown Wausau neighborhood. Here is today’s list of the best values for Wausau apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
311 N 3rd Ave, Unit Two bedroom available311 N 3rd Ave2BR,1BA$1.11
Towering Pines2BD2BA-L2BR,2BA$1.12
Weston Pines2 Bedroom Lower 60%2BR,1.5BA$0.89
Water's Edge Apartments2BR/1.5BA2BR,1.5BA$1.08
Oak Ridge ApartmentsTwo Bedroom2BR,1BA$1.06
Pioneer Village Apartments1 BD Pioneer Village Complex1BR,1BA$0.91
Ross Avenue ApartmentsOne Bed1BR,1BA$1.18
Mountain Bay Apartment Homes1 bedroom1BR,1BA$1.40
Diamonds Edge1 bd Upper1BR,1BA$1.06
Wausau Columns Apartments1 Bedroom1BR,1BA$1.26

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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Real 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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Wausau Overview

If you are looking for a beautiful place to live and work, you might be considering Wausau, Wisconsin. This is a beautiful city located in Marathon County, and it straddles the Wisconsin River. There are lots of people who are looking for apartments in Wausau, Wisconsin. Learn more about Wausau apartments below, and do not forget to rely on someone with local knowledge of the area to help you find your next home. 

Why live in Wausau, WI?

There are plenty of reasons why people choose to live in Wausau, Wisconsin. First, the temperature is cool throughout the year, so it is a great place for people who are looking to escape the heat. Next, the job market in the area is healthy as well. There are several major cities that are not that far away, but there are plenty of great jobs in Wausau as well. Finally, the cost of living is very affordable. When compared to other cities in the country, Wausau is significantly less expensive than the average. As a result, there are lots of people who move to Wausau looking for a way to make a better life for themselves and their families. 

Best Local Schools in
Wausau, WI

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Wausau Apartments

What is a cheap apartment in Wausau?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Wausau is under $975.

What is the price of a cheap apartment in Wausau?

The cheapest apartment in Wausau is Diamonds Edge which is listed at $645, while the average apartment in Wausau costs $1,424.

What types of apartments are the cheapest in Wausau?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in Wausau that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Wausau?

Cheap apartments in Wausau have an average cost of $308 which is $1,116 cheaper than the average rent for all rentals in Wausau.

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.