Cheap Homes for Rent in Wauwatosa, WI from $700 (38 Rentals)

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

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.

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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Wauwatosa, WI Local Guide

Cheapest Available Wauwatosa Apartments for Rent

 

The cheapest available apartment rental in Wauwatosa, WI is a 1 Bed unit found at The Regent Senior & The Oxford in the Mount Mary College neighborhood priced from $530. Valley Forge in the Far West Side neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Wauwatosa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Regent Senior & The Oxford1Bedroom - Income restricted 30% 551BR,1BA$530
Valley Forge1BR/1.0BA1BR,1BA$875
Deer Trail Apartments2bd 1.5ba2BR,1BA$900
Lisbon CourtBrickyard1BR,1BA$960
FIFTY101 Apartments5101 1BD 1BATH W/Patio1BR,1BA$1,000
3118-3132 N 76th St2bd rm 1 Bath2BR,1BA$1,000
Rooted & Rising Apartments & TownhomesTownhome3BR,2BA$1,050
Rivercourt Apartments2 BR/1 BA2BR,1BA$1,069

Best Value Apartments for Rent in Wauwatosa, WI

As of July 25, 2025 the best value apartment in the Wauwatosa area is the $0.53 price per square foot Townhome Model at Rooted & Rising Apartments & Townhomes in the in the Grasslyn Manor neighborhood starting from $1,050. The second greatest value Wauwatosa apartment is the 3718 W Vliet St Model at 3718 W Vliet St, Unit A starting at $1,600 with a $0.89 price per square foot in the West Side neighborhood. Here is today’s list of the best values for Wauwatosa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rooted & Rising Apartments & TownhomesTownhome3BR,2.5BA$0.53
3718 W Vliet St, Unit A3718 W Vliet St3BR,1BA$0.89
The Overlook ApartmentsFloor Plan 2CL2BR,2BA$1.08
2115 N 52nd St, Unit 21152115 N 52nd St3BR,1BA$1.10
10513 W Hampton Ave, Unit 1051310513 W Hampton Ave2BR,1.5BA$1.00
2751 N 40th St, Unit Lower2751 N 40th St3BR,1BA$1.10
Rivercourt Apartments2 BR/1 BA2BR,1BA$1.07
Himount Gardens2 Bedroom1BR,1BA$1.22
Deer Trail Apartments2bd 1.5ba2BR,1.5BA$1.06
Valley Forge1BR/1.0BA1BR,1BA$1.15

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Frequently Asked Questions about Wauwatosa

What type of rentals are currently available in Wauwatosa?

There are currently 835 Apartments for Rent in Wauwatosa, WI with pricing that ranges from $482 to $7,195. There are also 96 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wauwatosa ranging from $790 to $3,998.

What is the current price range for Rental Homes in Wauwatosa?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Wauwatosa ranges from $790 to $3,998 with an average monthly rent of $2,010.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Wauwatosa range from $750 to $6,910, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,998 and Four Bedroom Apartments start at $4,500.

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.

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Finding The Best Affordable Milwaukee Neighborhoods to Rent

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then just blocks outside the border, many Milwaukee neighborhoods have been home to friends and family for many years.

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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.