Cheap Apartments for Rent in Wausau, WI from $400 (108 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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703 Jackson St, Unit 1
$850
Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850
2 Bedroom Apartment Available Now

703 Jackson St, Unit 1

703 Jackson StWausau, WI 54403
Cost Per Sq.Ft.
property at 915 Genrich St

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875
Total Monthly Price
$875

2 Bedroom, 1 Bath Condo for Rent

Available Now

915 Genrich St, Unit 915 Genrich

915 Genrich St
WausauWI54403

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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909 Genrich St, Unit 2
$950
Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950
2 Bedroom Apartment Available Now

909 Genrich St, Unit 2

909 Genrich StWausau, WI 54403
Cost Per Sq.Ft.
property at 1202 S 11th Ave

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975

2 Bedroom, 1 Bath Condo for Rent

Available Now

1202 S 11th Ave, Unit 1202

1202 S 11th Ave
WausauWI54401

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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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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Wausau, WI Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Wausau, WI

Pricing Updated: 06/12/2026

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$1,655$50545
Wausau River District$1,752$50545

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

Best Value Apartments for Rent in Wausau, WI

As of June 13, 2026 the best value apartment in the Wausau area is the $0.98 price per square foot 607 Grant St Model at 607 Grant St, Unit 607 Grant Street in the in the Downtown Wausau neighborhood starting from $1,175. The second greatest value Wausau apartment is the 2bed 1 bath lower Model at Grand Avenue Luxury Apartment Homes starting at $1,049 with a $1.00 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.
607 Grant St, Unit 607 Grant Street607 Grant St3BR,2BA$0.98
Grand Avenue Luxury Apartment Homes2bed 1 bath lower2BR,1BA$1.00
Weston Pines2 Bedroom Lower 60%2BR,1.5BA$0.94
629 Park Ave, Unit Upper629 Park Ave2BR,1BA$0.80
River Ridge Apartments1 Bedroom1BR,1BA$1.04
909 Genrich St, Unit 2909 Genrich St2BR,1BA$1.06
703 Jackson St, Unit 1703 Jackson St2BR,1BA$1.00
Oak Ridge ApartmentsTwo Bedroom2BR,1BA$1.06
Pioneer Village Apartments1 BD Pioneer Village Complex1BR,1BA$0.91
Diamonds Edge1 bd Upper1BR,1BA$1.06

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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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!

Explore Wausau, WI Rentals by Map

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See the most popular apartments and homes in 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 $875.

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 $1,703.

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 26 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 $311 which is $1,392 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 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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.