Cheap Apartments for Rent in Wausau, WI from $400 (100 Rentals)

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

property at 519 Steuben St

$600 - $850

Studio To 2 Bedroom Rentals

Available Now

519 Steuben St

WausauWI54403

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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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.

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Wausau, WI Local Guide

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Cheapest Neighborhoods for Apartments in Wausau, WI

Pricing Updated: 04/28/2026

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$2,189$618131
Wausau River District$2,189$618131

Cheapest Available Wausau Apartments for Rent

 

The cheapest available apartment rental in Wausau, WI is a 1 Bed unit found at Riverview Towers and Riverview Terrace in the Downtown Wausau neighborhood priced from $618. Diamonds Edge in the Downtown Wausau neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here is today’s list of the most affordable Wausau apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverview Towers and Riverview TerraceRiverview Terrace 1 Bedroom 1 Bath1BR,1BA$618
Diamonds Edge1 bd Upper1BR,1BA$645
Pioneer Village Apartments1 BD Pioneer Village Complex1BR,1BA$675
City Walk Senior Apartments for Seniors 55+One Bedroom1BR,1BA$700
Wausau Columns Apartments1 Bedroom1BR,1BA$720
The Landmark1 BR 1BA1BR,1BA$800
Ross Avenue ApartmentsOne Bed1BR,1BA$875
Oak Ridge ApartmentsTwo Bedroom2BR,1BA$875
Kannenberg Plaza1 Bedroom1BR,1BA$920

Best Value Apartments for Rent in Wausau, WI

As of April 28, 2026 the best value apartment in the Wausau area is the $0.94 price per square foot 2 Bedroom, 2 Bath Model at Terrace Heights in the starting from $1,013. The second greatest value Wausau apartment is the 2 Bedroom Lower 60% Model at Weston Pines starting at $945 with a $0.94 price per square foot . 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.
Terrace Heights2 Bedroom, 2 Bath2BR,2BA$0.94
Weston Pines2 Bedroom Lower 60%2BR,1.5BA$0.94
Whispering Pines3 Bedroom Apt3BR,1BA$1.18
River Ridge Apartments1 Bedroom1BR,1BA$1.04
Oak Ridge ApartmentsTwo Bedroom2BR,1BA$1.06
Pioneer Village Apartments1 BD Pioneer Village Complex1BR,1BA$0.91
Ross Avenue ApartmentsOne Bed1BR,1BA$1.18
Diamonds Edge1 bd Upper1BR,1BA$1.06
City Walk Senior Apartments for Seniors 55+One Bedroom1BR,1BA$1.20
Wausau Columns Apartments1 Bedroom1BR,1BA$1.26

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

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. 

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Wausau, WI

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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 $920.

What is the price of a cheap apartment in Wausau?

The cheapest apartment in Wausau is Riverview Towers and Riverview Terrace which is listed at $618, while the average apartment in Wausau costs $2,189.

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 44 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 $300 which is $1,889 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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.