
Cheap Apartments for Rent in Waukesha, WI from $500 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Waukesha.


River Park Apartments

2013 Madera St

Hillcrest Park

234 W Main St

167 Tenny Ave

The PaDDS Senior Living

Maple Ave Apartments

Broadway Commons Apartment Homes

The PaDDS in Waukesha

The PaDDS at Pebble Valley

Mountain Village

Berkshire at Kensington

Meadow Ridge

Quail Pointe Apartment Homes

Hidden Ponds Apartments
Waukesha, WI Local Guide

How much does it cost to rent an apartment in Waukesha?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Waukesha Studio Apartments | $1,426 | $725 | $2,502 |
Cheap Waukesha 1 Bedroom Apartments | $1,577 | $513 | $4,975 |
Cheap Waukesha 2 Bedroom Apartments | $1,959 | $1,045 | $5,955 |
Cheap Waukesha 3 Bedroom Apartments | $2,316 | $1,233 | $6,260 |
Browse Top Apartments in Waukesha
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Waukesha, WI Local Guide

- Waukesha Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Waukesha, WI
Pricing Updated: 03/21/2025Current apartment rentals in the Waukesha, 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 Waukesha Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Downtown Waukesha | $2,460 | $725 | 1427 |
Overlook Farms | $2,460 | $855 | 277 |
Westmoreland Grove | $2,550 | $850 | 1240 |
Eastern Waukesha | $4,525 | $410 | 15572 |
Cheapest Available Waukesha Apartments for Rent
 The cheapest available apartment rental in Waukesha, WI is a 1 Bed unit found at Moreland North in the Spring Hills neighborhood priced from $855. Maple Ave Apartments in the Spring Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here is today’s list of the most affordable Waukesha apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Moreland North | B | 1BR,1BA | $855 |
Maple Ave Apartments | 1 bed/ 1 bath | 1BR,1BA | $1,050 |
Berkshire at Kensington | Unit B | 1BR,1BA | $1,086 |
West Grove on the Lake | Grove B1 | 2BR,1BA | $1,161 |
Pine Pointe Apartments | 2bd | 2BR,1BA | $1,195 |
Hillside Village Apartments | 1 Bed/1 Bath | 1BR,1BA | $1,205 |
Wildflower Place Apartments | 1 BD / 1 BA - 670sf - 1st/2nd flr - Upgraded Unit | 1BR,1BA | $1,246 |
Quail Pointe Apartment Homes | 2 Bedroom / 1 Bathroom | 2BR,1BA | $1,275 |
Rivers Edge Apartments | A2 | 1BR,1BA | $1,355 |
The Meadows Apartments | Mangrove | 2BR,1BA | $1,380 |
Best Value Apartments for Rent in Waukesha, WI
As of March 21, 2025 the best value apartment in the Waukesha area is the $1.46 price per square foot 2 Beds, 2 baths Model at 625 Shepherd Ct in the in the Spring Hills neighborhood starting from $2,100. The second greatest value Waukesha apartment is the Lower Model at Hawthorne Place Apartments starting at $1,625 with a $1.27 price per square foot in the Five Fields neighborhood. Here is today’s list of the best values for Waukesha apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
625 Shepherd Ct | 2 Beds, 2 baths | 2BR,2BA | $1.46 |
Hawthorne Place Apartments | Lower | 2BR,2BA | $1.27 |
The Lodge | Dakota | 2BR,2BA | $1.33 |
Quail Pointe Apartment Homes | 2 Bedroom / 1 Bathroom | 2BR,1BA | $1.09 |
Kendal Hills | Floor Plan "D" | 2BR,1BA | $1.43 |
The Meadows Apartments | Mangrove | 2BR,1.5BA | $1.34 |
Riverwalk Apartments | E | 2BR,2BA | $1.44 |
Pine Pointe Apartments | 2bd | 2BR,1BA | $1.49 |
Maple Ave Apartments | 1 bed/ 1 bath | 1BR,1BA | $1.40 |
Moreland North | B | 1BR,1BA | $1.16 |
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Waukesha Overview
Waukesha is located along the Fox River and is a part of the Milwaukee Metropolitan area. Waukesha is a great city for people looking for a small town with all the big city amenities. This region serves as the main destination for tourists from different parts of the globe.
Why live in Waukesha, WI?
Waukesha is strategically located and can be the best home for both middle and high-class. It is a quiet city with a quaint atmosphere and breathtaking landscapes, especially in the autumn. This is a great fit for families, business owners, as well as single people looking to start their lives in a new city. Compared to other cities in the US, Waukesha has luxury apartments situated close to major bars and restaurants to make your life easier. Most apartments are modernized to suit the needs of most city dwellers.
Pet Friendly LifestyleWaukesha, WI
Ranked #23
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Waukesha, WI
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waukesha, WI Rentals by Map
See the most popular apartments and homes in Waukesha, WI
Getting Around Waukesha, WI
Walk Score®
44 / 100
Car-Dependent
Most errands require a car
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
21 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Waukesha Apartments
What is a cheap apartment in Waukesha?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waukesha is under $1,380.
What is the price of a cheap apartment in Waukesha?
The cheapest apartment in Waukesha is Moreland North which is listed at $855, while the average apartment in Waukesha costs $2,998.
What types of apartments are the cheapest in Waukesha?
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 831 regular apartments in Waukesha 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 Waukesha?
Cheap apartments in Waukesha have an average cost of $192 which is $2,806 cheaper than the average rent for all rentals in Waukesha.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.