Cheap Homes for Rent in Wauwatosa, WI from $600 (35 Rentals)

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

property at 222 N 73rd St

$675

Total Monthly Price

Total Monthly Price

Base Rent
$675
Total Monthly Price
$675

1 Bedroom, 1 Bath Townhome for Rent

Available Now

222 N 73rd St

MilwaukeeWI53213
property at 2756 N 44th St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2756 N 44th St

MilwaukeeWI53210

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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property at 9515 W Beckett Ave

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275
Total Monthly Price
$1,275

3 Bedroom, 1.5 Bath Townhome for Rent

Available Jun 26

9515 W Beckett Ave

MilwaukeeWI53225

A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Uncover Milwaukee's affordable, vibrant neighborhoods and down-to-earth charm. Get a local expert's take on the city's renaissance, favorite traditions, and famous Gemütlichkeit (cozy spirit).

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Showing Results 1-35, Page 1 of 1

Wauwatosa, WI Local Guide

Cheapest Available Wauwatosa Apartments for Rent

 

The cheapest available apartment rental in Wauwatosa, WI is a Studio unit found at The Grant Apartments in the Alcott Park neighborhood priced from $814. Valley Forge Apartments in the Far West Side neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Wauwatosa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Grant ApartmentsStudioStudio,1BA$814
Valley Forge Apartments1BR/1.0BA1BR,1BA$925
Himount Gardens1 BR w/Eat-in Kitchen1BR,1BA$940
Deer Trail Apartments2bd 1.5ba2BR,1BA$950
Waterfair ApartmentsA6Studio,1BA$990
FIFTY101 Apartments5101 1BD 1BATH W/Patio1BR,1BA$1,000
Hawley Ridge ApartmentsHAWL- 60% 1 bed 1 bath1BR,1BA$1,035
Rivercourt Apartments2 BR/1 BA2BR,1BA$1,069
1611 S 115th CourtLower Unit2BR,1BA$1,100

Best Value Apartments for Rent in Wauwatosa, WI

As of April 26, 2026 the best value apartment in the Wauwatosa area is the $0.93 price per square foot 6011 W Lapham St Model at 6011 W Lapham St, Unit upper in the in the National Park neighborhood starting from $1,400. The second greatest value Wauwatosa apartment is the 6107 W Center St Model at 6107 W Center St starting at $1,350 with a $1.07 price per square foot in the Grasslyn Manor 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.
6011 W Lapham St, Unit upper6011 W Lapham St3BR,1BA$0.93
6107 W Center St6107 W Center St2BR,1BA$1.07
1534 N 39th St, Unit 2nd Floor Unit1534 N 39th St3BR,1BA$1.15
Rivercourt Apartments2 BR/1 BA2BR,1BA$0.95
The Berkshire Senior LivingUnit E2BR,2BA$1.17
1457 S 74th St, Unit Upper1457 S 74th St2BR,1BA$1.24
1233 S 87th St, Unit lower dulex1233 S 87th St2BR,1BA$1.20
Deer Trail Apartments2bd 1.5ba2BR,1.5BA$1.12
Valley Forge Apartments1BR/1.0BA1BR,1BA$1.21
8428 W Lisbon Ave, Unit #18428 W Lisbon Ave1BR,1BA$1.13

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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Best Local Schools in
Wauwatosa, WI

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

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Frequently Asked Questions about Wauwatosa

What type of rentals are currently available in Wauwatosa?

There are currently 845 Apartments for Rent in Wauwatosa, WI with pricing that ranges from $650 to $7,336. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wauwatosa ranging from $675 to $3,800.

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 $675 to $3,800 with an average monthly rent of $1,400.

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 $7,336, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,425.

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

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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.

decorative image for The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students article

The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students

Written by: Tim Brown

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

decorative image for A Local Experts Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit article

A Local Experts Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Written by: Tim Brown

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

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.