Cheap Homes for Rent in Wauwatosa, WI from $700 (42 Rentals)

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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.

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 5302 W Burnham St. 6 Unit in the National Park neighborhood priced from $795. Valley Forge in the Far West Side neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Wauwatosa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
5302 W Burnham St. 6 Unit1BR/1.0BA1BR,1BA$795
Valley Forge1BR/1.0BA1BR,1BA$895
Himount Gardens1 BR w/Eat-in Kitchen1BR,1BA$900
Greenfield Avenue Apartments1 Bedroom1BR,1BA$900
3311 W Juneau Ave. (5 Unit)2BR/1.0BA2BR,1BA$995
FIFTY101 Apartments5101 1BD 1BATH W/Patio1BR,1BA$1,000
Hawley Ridge ApartmentsHAWL- 60% 1 bed 1 bath1BR,1BA$1,035

Best Value Apartments for Rent in Wauwatosa, WI

As of January 22, 2026 the best value apartment in the Wauwatosa area is the $0.39 price per square foot 240 N 34th St Model at 240 N 34th St in the in the Haymarket neighborhood starting from $735. The second greatest value Wauwatosa apartment is the 6011 W Lapham St Model at 6011 W Lapham St, Unit upper starting at $1,575 with a $1.05 price per square foot in the National Park 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.
240 N 34th St240 N 34th St1BR,1BA$0.39
6011 W Lapham St, Unit upper6011 W Lapham St3BR,1BA$1.05
4348 N 90th St4348 N 90th St3BR,2BA$1.19
2569 N 61st St, Unit 25692569 N 61st St2BR,1BA$0.92
4552 W Wells St, Unit 64552 W Wells St2BR,1BA$0.98
1513 S 63rd St, Unit 1515 S 63rd St1513 S 63rd St3BR,1BA$1.30
The Berkshire Senior LivingUnit E2BR,2BA$1.17
9404 W North Ave, Unit 39404 W North Ave2BR,1BA$1.11
Greenfield Avenue Apartments1 Bedroom1BR,1BA$1.13
Valley Forge1BR/1.0BA1BR,1BA$1.17

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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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 810 Apartments for Rent in Wauwatosa, WI with pricing that ranges from $465 to $7,245. There are also 130 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wauwatosa ranging from $700 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 $700 to $3,800 with an average monthly rent of $1,679.

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 $1,000 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,672 and Four Bedroom Apartments start at $1,750.

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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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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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.